50 Year Old Pool Contractor - $680k Assets

Not Disclosed, KS

Asking Price: Annual Revenue:
$725,000 $2,322,447

Services: Construction, Contractors

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RE: 50 Year Old Pool Contractor - $680k Assets Broker: Chris Kerth

Quick Facts

Asking Price: $725,000
Annual Revenue: $2,322,447
Net Profit: Not Disclosed
Cash Flow: $307,577
Total Debt: Not Disclosed
FF&E: $503,297
Real Estate: Not Disclosed
Year Established: 1967
Employees: 16
BBN Listing #: 64464955
Broker Reference #: 5513-15519

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Business Overview:

The demand for residential swimming pools has increased in 2020. Pool design, construction, equipment repair and service work is booming in the KC metro. The company also offers pool inspection, leak detection and liner replacements. The current owner fills the role of customer service and sales which allows him a very flexible schedule.

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Property Features and Assets:

The business operates from 10,000 square foot building that includes showroom, office, and warehouse. A new owner has the option to purchase the facility. The inclusion of real estate in the loan will have a positive impact on the debt service expense. The property is located in a progressive Kansas City suburb where real estate values continue to increase. Assets=$684,903

Market Competition and Expansion:

The company provides a wide range of pool construction options that varies from economical to eccentric. The most popular product line has an aggressive price point and a shortened installation cycle. A membership-based buying group allows them to offer a wide product selection that accommodates any budget. Post-COVID demand for residential swimming pools has increased. Other products and services associated with pool ownership would be a natural opportunity to grow the business. An upgrade in technology is available and would likely boost company productivity and efficiencies.

Reason for Selling:

The seller will retire.

Additional Details:

  • The property is leased.
  • 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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