71199-Specializing in Swimming Pool Construction Services

CA

Seller Financing Available
71199-Specializing in Swimming Pool Construction Services
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Asking Price: Get Financing: $1,499,000

Cash Flow: $530,000

Gross Revenue: $2,400,000

EBITDA: $428,000

FF&E: $177,000

Inventory: $65,000

Lease Rate: N/A /SF

Established: 1988

71199-Specializing in Swimming Pool Construction Services

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Business Description

The Company is a leading specialty trade contractor specializing in the design and construction of custom, high-end, in-ground swimming pools, spas and water features for residential customers. The Company provides start-to-finish pool and spa construction. Services include computer generated 3-D designs and planning, excavation, plumbing, electrical, steel installation, masonry and decorative tile or stone accents. Established in 1988, the company’s sales region includes homeowners within a 100-mile radius of the Greater Sacramento area. The Company has 11 employees, with an average length of service over ten years. The Company operates from a 3,000-square foot facility that it leases. In 2016, the Company generated revenue of $1.6m with $2.4M projections for 2017.
30% growth projections for 2017! - Leading pool contractor in the region - Consistent profitability - 21% EBITDA margin in 2016 - 11 non-union employees - Equipment and vehicles valued at $177k - Inventory valued at $65k - 25% contractor referrals - Strong management - 30 months left on lease - Owner financing negotiable for the right buyer.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
15
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
negotiable for the right buyer
Support & Training:
Owner will be available for standard transitioning, plus consulting on commission.
Reason for Selling:
Approaching retirement.
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IAG

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