Business Overview:
The company is a pool service and construction firm that supports residential and commercial clients in the Connecticut market. The approximate revenue distribution across the two types of business is 60% for service and retail and 40% for new construction. Over the last three years, annual revenues have been stable, averaging $1.9 million. The Connecticut based company was started in 1994. The company offers services that include new pool construction, pool openings and closings, weekly maintenance, vinyl liner replacement, heater, pump and filter replacement, and all types of pool repairs. The company has 25 year of continuous service and pool expertise and established a strong brand name, maintained excellent reputation for providing service, and has a large client base.
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Property Features and Assets:
Business resides in a 3,000 square feet building. 1,800 square feet of this space is dedicated to retail space, 1,000 square feet to warehousing and 200 square feet to office. Additionally, the business stores inventory and equipment in containers located on the property. Seller owns the building and property and is willing to sell or lease the real estate to new owners.
Market Competition and Expansion:
There are a number of companies operating in the pool service and construction business and businesses that do well in this space tend to have long-standing relationships that have been built by providing superior service. This firm is no different. It continues to leverage its reputation to secure good pool construction projects and garner more service clients.
The business conducts very limited marketing on the internet. Investing in this area via social media and/or advertising on sites such as Home Advisor could yield significant growth.
Reason for Selling:
Owner wishes to retire.
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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