Dominant Central Florida Pool Contractor

Not Disclosed, FL

CENTRAL FLORIDA


Asking Price: Annual Revenue:
$18,750,000 $40,600,000

Services: Construction, Contractors


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RE: Dominant Central Florida Pool Contractor Broker: Bradley Carpenter

Quick Facts

Asking Price: $18,750,000
Annual Revenue: $40,600,000
Net Profit: Not Disclosed
Cash Flow: $5,060,000
Total Debt: Not Disclosed
FF&E: $460,000
Real Estate: Not Disclosed
Year Established: 2006
Employees: 16
BBN Listing #: 23545422
Broker Reference #: 409-02277

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Business Overview:

This is a unique opportunity to acquire one of the largest pool contractors operating within the Central Florida region. In recent years, this 15+ yr. old company has experienced significant growth with targeted sales for 2022 exceeding $40MM. Company is focused on new pool construction only with 50/50 builder and consumer mix. Enjoys full administrative, design and sales staff and sales backlog of approximately $15MM.

Company has excellent reputation for timely and competitive service. It also utilizes a number of dedicated sub crews to support various functional needs. While not currently pursued, business could be scaled into pool servicing, renovation and other specialty trades such as pavers, solar, cages etc.

Existing RE is available for lease or purchase. Sale includes approximately $4MM in account receivables net outstanding trade/material costs.

Statement of qualification and financing is required.

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Property Features and Assets:

Business assets includes various office equipment and furnishings along with multiple vehicles for sales and construction supervisors. An estimated $50,000 of inventory is included with sale along with over $150,000 of tenant improvements that was recently expensed for design and office center. RE is available for lease ($7,000/month or purchase at $900,000) consisting of 2 commercial condo units of 2,700 Square Feet each. One has been improved as design center that includes offices for sales staff. The other houses the Company administrative staff and owners.

Market Competition and Expansion:

Company is considered one of the Top 3 pool contractors in Central Florida with a focus on individual consumer sales and homebuilder's new construction needs, oriented towards moderate to upper end housing. The Company is not focused on the commodity builder trade, pushing volume with more moderate margins. Average pool cost is now over $60,000 and rising with margin emphasis employed. Sales staff consist of 9 Full Time 1099 employees. Company is known for timely and competitively priced pool packages and has substantial client base secured over the years. Company is now focused on pool construction only so various ancillary activities such pavers and screening are sub out to other entities but are budgeted within pool package sales. Buyer could scale into such efforts along with renovation services and pool cleaning as most Central Florida neighborhoods likely yield service candidates since many of their pools were built by Company.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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