Business Broker.Net | Connecting Business Buyers and Sellers

Business for Sale Overview:

Since its inception over 10 years ago, this Virginia-based Company has grown to become the premiere in-ground pool service Company in the region that it serves. Along with in-ground pool service and maintenance, the Company is a regionally exclusive and non-exclusive retailer of various high-end pool supplies and accessories, as well as spas. Customers The Company s target market extends to about a 30 mile radius of the store location. As of January 10, 2007, this Company had 4,530 customers on file. In 2006, over 1,600 customers spent over $100, and more than 450 spent $1,000 or greater in products and services. On average, the Company maintains 55 to 70 pools on a weekly basis (via a weekly maintenance contract) during pool season. Revenues in low season are stabilized by pool winterization contracts and spa sales and services. Over the past four years the Company s sales grew at a compounded annual growth rate of 11.52% per year to nearly $1.5 million in 2006. Management expects to experience an annual revenue growth between 10% and 12% for the next three years. Growth opportunities that are currently available to the company include territorial expansion, additions to the existing product line (e.g. retail saunas and gazebos, and service above ground pools), and more aggressive marketing campaigns. Owner s Intent The Company is offering 100% of its stock or assets at a transaction price of $950,000, subject to terms and financing arrangements. There is no real estate associated with the sale of the Company. The Owners have been in the pool service and retail business for over 20 years, and are interested in selling the Company in order to pursue unrelated business opportunities.

Additional Details:

• The property is leased.
• The owner may be willing to train/assist the new owner.
• The owner may be willing to work for the new owner.
• This may become a homebased business opportunity.
• This may become a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.