50 Year Old Swimming Pool Contractor

Not Disclosed, KS

Asking Price: Annual Revenue:
$725,000 $2,131,254

Services: Construction, Contractors

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RE: 50 Year Old Swimming Pool Contractor Broker: Chris Kerth

Quick Facts

Asking Price: $725,000
Annual Revenue: $2,131,254
Net Profit: Not Disclosed
Cash Flow: $225,330
Total Debt: Not Disclosed
FF&E: $639,523
Real Estate: Not Disclosed
Year Established: 1967
Employees: 16
BBN Listing #: 64464955
Broker Reference #: 5513-15519

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Business Overview:

Swimming pool design, construction, equipment repair and service work in the KC metro. The company also offers pool inspection, leak detection and liner replacements. Expanding revenue in this established business with an excellent reputation can be accomplished by offering products current customers purchase. Seasoned employees who understand their roles in the company are key to the operation. Supervisors who manage job sites with minimal oversite are an important company asset. This owner has chosen to focus on sales and customer relations which consists mainly of appointments with homeowners. This allows him to control his work schedule.

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Property Features and Assets:

The business operates from 10,000 square foot building that includes a showroom, office and warehouse. A new owner has the option to rent or purchase the facility. The inclusion of real estate in the loan will have a positive impact on the debt service expense extending the amortization schedule and reducing the amount of annual debt service. The property is located in a progressive Kansas City suburb where real estate values continue to increase. Assets=$756,236

Market Competition and Expansion:

The company provides a wide range of pool construction that varies from economical to eccentric. They target an under-served niche segment of the market that has increasing demands and higher margins. The company's association with a nationwide buying group allows them to offer a wide product selection that accommodates any budget. Revenue could be increased by investing in marketing and building customer awareness. Another area for growth is offering complementary products and services that every pool owner needs and will purchase. An upgrade in technology is needed. Improvements in this area will boost productivity and company 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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