Business Overview:
Transworld Business Advisors of Fremont DRE# 02194963 presents:
Established in 1982, this highly successful business offers a full range of pool maintenance and repair services to ~1100 happy customers in the Bay Area. This recession resistant business is the Gold Standard of operations with year over year steady, consistent growth in both service and repair revenue streams. The recurring revenue model, backed by a strong equipment package of trucks and cleaning equipment as well as loyal and well-trained staff makes this an ideal acquisition for a growth-minded buyer.
The business has just finished executing a long overdue price increase that has improved TTM SDE to ~$682K. The full year 2023 proforma SDE is ~$747K. These numbers include a retail store for pool supplies that loses ~$100K per year. The buyer can buy the business without the retail store (operating the service & repair business from a small office/warehouse instead) and instantly increase their SDE by a significant amount. Alternatively, the store is available for lease.
The business has been pre-qualified by an SBA lender. Some seller financing may also be offered for qualified buyers at the sole discretion of the owners.
Agent: Shailendra Gupta DRE# 02169356
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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 not homebased business opportunity.
- This is not a franchise resale opportunity
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