Litchfield County, CT Building and Construction Businesses For Sale

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Swimming Pool Design & ConstructionDesign & Construction of Pools
$900,000Cash Flow: $296,000
Swimming Pool Design & ConstructionDesign & Construction of Pools

Roxbury, CT

Business designs, constructs and maintains residential pool systems for homeowners, initially either as part of an original architect's design of a newly constructed home or as an addition to an existing residence. In addition, Company provides a full retail inventory for its customers. Revenue of about $2 million annually is split roughly 50/50 between contractor services in building the pools plus the retail sales to maintain and refurbish them. Retail carries a gross margin of about 45%. Accordingly, the Company splits its financials into two separate LLC's for this purpose, one for contracting and one for retail. Included in the purchase price of $900,000 is roughly $300,000 at estimated values for operating equipment including trucks & excavators plus retail inventory of $100,000. Company employs 12 in the construction group and 4 in retail/administration. Owner has three licenses, namely, Home Improvement, Plumbing & Piping and Swimming Pool Builder's licenses. Seller will allow purchaser to operate under these licenses until purchaser obtains his own. Company operates out of a 3,000 sq.ft. building on an acre of land. Both land land and building are owner by seller. A lease will be offered for $5,000 per month ,triple net, or $60,000 per year for five years with a five year renewal option. Owner developed this business from scratch and has run it for over 20 years. He operates mostly in Western Connecticut. A non-compete agreement of 20 miles for 5 years is offered.

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