Multi-Family Pool Service & Repair Company

Not Disclosed, FL

Greater Tampa Bay Area


Asking Price: Annual Revenue:
$849,000 $1,625,708

Retail: Pool Sales, Supplies & Services


Request More Information
Contact the Seller

RE: Multi-Family Pool Service & Repair Company Broker: Brian Stephens

Quick Facts

Asking Price: $849,000
Annual Revenue: $1,625,708
Net Profit: Not Disclosed
Cash Flow: $285,778
Total Debt: Not Disclosed
FF&E: $215,000
Real Estate: Not Disclosed
Year Established: 2015
Employees: 10
BBN Listing #: 414944756
Broker Reference #: 883-90405

Email or Print Listing

Request More Information
Contact the Seller


Business Overview:

This company cleans, services, and repairs exclusively for commercial clients such as apartment complexes. They have a full team in place. The owner oversees the books and client relations but is not involved in day-to-day pool service. Business growth has been strong.

The company has around 220 pools and close to 180 clients. They focus on serving commercial clients such as apartment complexes in Pinellas, Hillsborough, and Manatee Counties. They have recently been growing through referrals and their website presence.

They have a fleet of 12 vehicles and a 10-member team servicing pools and making repairs.

Their technicians maintain correct chemical levels in swimming pools and spas, clean filters, tiles, pumps, and lines to prevent unusual wear and tear and keep equipment working satisfactorily and safely. This company provides all chemicals used in their Scope of Service.

They also maintain periodic report logs in compliance with the Florida Department of Health code standards.

This company has a qualified repair team who provide advice, troubleshoot issues, and repair pool equipment.

Services are provided Monday through Friday during normal business hours.

Florida requires a Florida Certified Pool Contractor (CPC) license. If you do not have the proper license, the owner will hold the license in the business to allow the new owner to get licensed.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Business leases warehouse/storage in the northern part of Tampa Bay. Rental payments are $3,210 per month. The location could be moved at the end of the lease for the buyer's convenience, but they have a satisfactory warehouse with a reasonable lease.

Market Competition and Expansion:

This is a well-established service company with over ten years in business and has created an incredible reputation. The owner does some networking but has seen most growth come from referrals. The company has a great website and networks with some associations but does very little marketing beyond those methods. Sales have been steadily moving upward. Rents are getting stronger at the apartments, allowing more cash flow to sustain quality pool services. There is room to grow this business. Consider that over 7,000 potential commercial clients are in the market area. Florida’s continued population growth is strong and will require even more new buildings with pools, including apartments and condominium communities. This business has a nice steady cash flow. The seller’s asking price will include cash coming into the business when the new owner takes over. This business may qualify for SBA financing for buyers with reasonable credit and the other qualities required to get an SBA loan. A qualified Buyer should be able to acquire this business for 20% down. This will be up to the final approval of the SBA lenders.

Reason for Selling:

Retiring

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.

Documents:

Relevant Links:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!