PRICE REDUCED! 15-Year Premier Pool & Spa Company

Reno, NV (Washoe County)

Seller Financing Available
PRICE REDUCED! 15-Year Premier Pool & Spa Company
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Asking Price: $3,050,000

Cash Flow: $1,125,941

Gross Revenue: $4,291,740

EBITDA: $1,000,941

FF&E: N/A

Inventory: $140,000*

Established: 2003

*not included in asking price.

PRICE REDUCED! 15-Year Premier Pool & Spa Company

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Business Description

A unique opportunity to acquire a leading pool and spa company in Nevada, with a 15-year outstanding reputation in the industry. They specialize in commercial and residential construction, remodel and repair, and are also a full-service supplier of everything pool and spa related--inventory, parts, chemicals, and repair services. A strong and diverse client base in both commercial and residential industries provides continued multiple streams of revenue. High-level construction projects include pools and spas for hotels, apartments, clubhouses, and many custom homes. The company's retail store offers pool and spa supplies, and one-of-a-kind, high-end portable spas. As a result of established working relationships with contractors and continuous referrals from current pool and spa customers, the company has no need to advertise. The existing demand for the company's pool and spa construction services exceeds its current ability, with projects frequently being turned away or deferred to the next year's work schedule. With additional staff, the company's workload and revenue could be increased. A huge benefit of owning this company is its developed relationships with suppliers. Materials are in demand during economic booms, and this company has no trouble securing necessary building supplies.

The business is turnkey, with a licensed contractor on staff willing to stay for up to a year to provide training and allow the Buyer (or his/her representative) the necessary time to obtain their Contractor's License(s). There are several well-qualified employees who have many years' experience with the company. The Business is SBA pre-qualified for a Small Business Administration Loan (SBA 7a Loan). Buyer could purchase with as little as 10% down of the acquisition price. Seller is prepared to finance a portion of the purchase.

Detailed Information

Location:
Reno, NV
Inventory:
Not included in asking price
Competition:
Firmly established in the local market for 15 years, this company has become the most regarded name in the industry, particularly for high-end pools and spas. Several smaller companies offer pool and spa services, but no other business has the connections with custom builders and suppliers as does this company.
Growth & Expansion:
Business is booming and this company has to turn away work. They already have work lined up well into 2020. They've operated over a decade with virtually no marketing efforts other than website maintenance. Strong name recognition and loyal clientele (commercial and residential) provide future pool and spa work and expansion opportunities. By investing minimally in portable spa advertising, further growth in that market could also be realized.
Financing:
Seller will carry with an SBA Loan
Support & Training:
Employee with Contractor’s License willing to stay (with negotiated pay) for up to a year.
Reason for Selling:
Retirement
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(from currently available funds)
 
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Bradley Bottoset

Business Listed By:
The Liberty Group of Nevada

The Liberty Group of Nevada

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