Swimming Pool Installation, Renovation And Service Business
Swimming Pool Installation, Renovation And Service Business
Price: $4,850,000
Location: Nassau County, NY
Industry: Construction
Listing ID: Rapt5600
This famiy owned, long established, full service swimming pool company provides pool supplies, services, construction and renovation of existing pools in Nassau & Suffolk Counties on Long Island. The business is highly profitable and has been pre-approved for an SBA loan, with a low down payment.
The business has been growing, with a nearly non-existent advertising budget.
Ownership is willing to remain for up to a year to assist in transition and to hire replacement management.
The firm has a skilled staff, many of whom have been with the company for over 10 years.
Total Sales: $8,200,000
Cash Flow: $1,300,000
FFE Included: Yes
FFE: $250,000
Reason For Sale:
Reirement/Estate Planning
Training & Support:
Sellers will remain for up to a year to transition business and to help find replacement management, if necessary.
Year Established: 1960
Employees: 45
Monthly Rent: $8,000
Type of Location: Leased - $8,000 per Month - Lease Expiration: 12/31/2035
Square Footage: 5000
Facilities Information:
The business operates from a company owned building housing both retail sales and office space.
Specifically, the company provides the following services:
Pool Design and Installation:
• In-ground gunite pools and vinyl pools.
• Custom-cascade waterfalls and brick & stone patios.
• Pool renovations and vinyl liner replacements.
Service and Repairs:
• Yearly maintenance contracts, including filtration system services, and pool repairs.
• Proper Spring opening and winter closing of pools.
• All pool repairs, specializing in automatic pool cleaners, pool heaters, and vacuum services.
The business also has a fully stocked retail store for quality pool service & maintenance products for trade accounts and home owners to buy pool supplies including:
• a full range of pool supplies including chemicals, water testing kits, floats, and toys.
• Supplies for all pool types: above-ground, semi-inground & inground pools.
• A fully stocked retail go-to store for quality pool service & maintenance products.
Competition:
The business has been in operation for over 50 years and enjoys an excellent reputation in the community, with many repeat customers. The company has not advertised for more than 5 years. Marketing is primarily from past customers & referrals, and the company website.
Potential Growth:
Ownership believes there is significant room for growth by hiring additional sales personnel, a larger advertising budget and/or opening additional stores.
Financing/Terms:
Reviewed by SBA lender & pre-approved for loan of $4.365 MM to qualified buyer.
For more information on this listing, please complete our Non-Disclosure Agreement
