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- RE: Pool Service, 90% Repeat Revenue. Affluent Areas
- Contact: Steve Lukes
- License #: 1484102
Quick Facts
Asking Price: | $890,000 | |
Annual Revenue: | $674,166 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $290,027 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1083 | |
Employees: | 5 | |
BBN Listing #: | 939157 | |
Broker Reference #: | BIZEX1432-SL |
Business Overview:
***UNDER CONTRACT** 40-year-old pool and spa service in affluent area of LA County (West LA area) with 90% of revenue from repeat customers is available. The owner is retiring and currently works about 15 hours per week. Customer accounts are a blend of commercial and residential. Growth opportunities are available geographically and by marketing the business, they are not marketing today. Subcontractors handle most of the services.
- 90% of revenue is from repeat customers
- Invoicing in advance of rendered services, then paying contractors after service is performed.
- 40% net margins
- Affluent area clients (Pacific Palisades, Santa Monica, Beverly Hills, Marina Del Rey, and Culver City)
- Owner works 15 hours per week
- Subcontractors perform the services
- Long duration of customers
- California C 53 license is needed, not difficult to acquire.
For more information, visit Bizex.net to complete the Buyer Registration & NDA Contact: Steve Lukes at 310.871.2909 - slukes@bizex.net
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Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity
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