Profitable, Growing Custom Pool Construction Company for Sale
Asking Price: $ 689,000
Location: San Diego County
Down Payment: $ 689,000*
Total Sales: $ 1,029,095
Discretionary Earnings: $ 351,679
* business is pre-qualified for SBA loan.
This custom pool construction business has been operating for over 45 years. Business is brisk with approximately $1 million in booked backlog and margins are rising!
Since their founding, the Company has been known for quality work and the highest level of customer service. That experience is confirmed in that all business is currently referral generated although plenty of room for growth for a more aggressive owner looking to build a much larger business. The owner handles the customer interface and general management tasks including overseeing the field work and performs only a small amount of the manual labor himself. Financials trending upward even through COVID-19!
Ideal opportunity for a current contractor working for someone else who has a goal of owning their own business,or for an existing general contractor or specialty construction company looking to add pool construction to their list of capabilities.
This is currently a home-based business and may require some storage space for machinery/equipment.
Competition / Market Info
According to IBISWorld, the swimming pools industry is a $7.7 billion industry in the U.S. and is expected to rise at an annualized rate of 3.1% in 2021. Within the Company’s immediate service territory there are 3-4 other pool contractors and a few dozen regionally.
According to the owner there are various ways to drive an increase in sales and are outlined in the CIM (Confidential Information Memorandum).