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Expert Residential Pool Construction Business

Location: Dallas-Fort Worth

ID: (#200795)

This Business Has Been Sold.
200795
Price:$565,000
Revenue:$1,402,000
Cash Flow:$226,400
FF&E (Assets):$0
Inventory:$0
Real Estate:$0

Overview

*UNDER CONTRACT*

This is a turnkey, recession-resistant, second-generation business that has been in operation for 50 years.

The business primarily provides swimming pool construction services. The business also offers roofing, siding, and foundation repair services.

It is currently on a strong growth trajectory with revenue growing from $774k in Fiscal Year 2018 to $1.4 million in Fiscal Year 2020.

Furthermore, the business currently has over $1 million in revenue under contract with all the requisite assets, employees, subcontractors, and vendor relationships in place to execute those contracts. What this means is that a new owner does not need to immediately worry about sales & marketing.

This is a great opportunity for a buyer who is looking for a turnkey, well-established business with a Sellers Discretionary Earnings of over $200k and with revenue under contract.

Details

Reason for Selling:

Retirement - Owner is 70 years old.

Established:

1971

Employees:

4

Furniture, Fixtures, and Equipment (FF&E):

All the assets necessary to operate the business are included in the sale.

Facilities:

N/A

Inventory:

N/A

Competition:

The business has an excellent reputation among the local community and a strong base of satisfied clients who continue to refer prospective clients to the business. This reputation is further evidenced by an A+ rating on Better Business Bureau®, a 5-star rating on Facebook, and a 4.2 star rating on Google.

Opportunities for Growth:

The Dallas-Fort Worth metroplex has one of the fastest-growing housing markets in the country and as a result, there is robust demand for residential construction services such as pool construction, roofing etc.

Support and Training

The Seller is willing to provide reasonable assistance with the transition at no cost for 30 days. After that time, the Seller and Buyer may enter into a consulting or employment agreement for terms and conditions to be mutually agreed upon.

Broker Contact Information

broker Andy Mehta
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  • Texas - Dallas
  • By Appointment Only
  • Dallas, Texas 75024
  • Real Estate Broker: