Highly Profitable Pool Service & Repair
Not Disclosed, NJ Burlington County
Southern New Jersey
Seller's Contact Information
- RE: Highly Profitable Pool Service & Repair
- Contact: Vipin Singh
Quick Facts
| Asking Price: | $450,000 | |
| Annual Revenue: | $997,763 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $232,450 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 39,700 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1987 | |
| Employees: | 5 | |
| BBN Listing #: | 45394955 | |
| Broker Reference #: | 3409-17215 |
Business Overview:
Pool Service with close to $1MM in annualized revenue in 2022, repeat customers, and recurring revenues.
This pool service, repair, maintenance, and renovation company provides services to scores of high-end clients in South, Central, and North Jersey. It is connected with designers, architects, and pool inspectors in different parts of New Jersey and sources its business from past clients and professional referrals.
The business operates with full-time and part-time staff who take care of the operational aspects of the business beyond sales and financial management. An office manager is well versed in all business matters, and a mason and a helper work year-round on maintenance and repair issues.
During the pool season, there are 10 employees with three full-time employees who manage the service and repair businesses. All the inventory is accounted for before the busy pool opening season and then again at the fall's end of the pool season.
The business has software, including QuickBooks for accounting and Verizon Connect for vehicle monitoring. Billing of work is either prepaid or performed after.
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Property Features and Assets:
The business operates from a fully-owned 3,000-square feet warehouse that was renovated in 2005. Assets = $39,700
Market Competition and Expansion:
There are a few other pool companies in New Jersey and neighboring states, and long-standing customer relationships with high-end customers and high-level expertise are huge differentiators for this business. The business can grow its coverage area and provide pool construction services with additional marketing and service staff. New business is consistently turned away.
Reason for Selling:
Owner is looking to sell the business to retire.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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