Residential Pool and Spa Construction Company

Financial & Assets Details

About the Business

Business Description

Texas-based company that constructs high-end residential concrete pools and spas in the greater Austin area. The company provides a full service operation that also includes the installation and construction of spas, outdoor kitchens, decks, landscaping, outdoor living areas, cabanas, gazebos, and water features.

Current markets
· The majority of clients are middle-to upper-class home owners in the Central Texas market, specifically to surrounding areas of Austin.

Growth & Expansion

Opportunities
· Implement a maintenance division
· Hire additional sales staff and project mangers
· Invest in additional marketing efforts
· Increase focus on metro Austin area
· Expand operations into other surrounding cities
· Provide some in-house construction services to reduce long-term costs
· Focus on commercial real estate sector such as hotels and apartments

Market Competition:

Key aspects
· Great reputation and customer service
· Experienced management team
· Transparent design and construction process
· Strategically located in a high demand pool market
· High-end clientele

Location Details:

Real estate
· The company owns a newly renovated property on a half-acre lot. The facility can be purchased or leased for a negotiable price.

Headquartered
· Northwestern hill country of Austin

Reason for Selling:

Shareholder/owner objectives
· Two partners are seeking the sale of the company to de-risk and seek additional time with family. One partner, who is responsible for majority of the pool sales, would be willing to remain with the company longterm
in a flexible role until transition is successful. The other partner prefers to exit after the sale but is willing to stay on as long as needed for transition.