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Highly Profitable Pool Business with Real Estate

Nashville, TN, USA
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Businesses For Sale | Pool Service Routes For Sale

Listing ID : 430088

Posted on May 22, 2024 View Count 10

Broker Listing ID:
516
Price :
$7,750,000
Business Financials & Assets :
Gross Revenue:
$4,107,671
Cash Flow:
$1,406,949
Year Established:
2011
Inventory Included:
Yes
Estimated Value of Inventory:
$100,000
Description of Inventory Included:
retail inventory, chemicals for service routes
Furniture, Fixtures & Equipment (FF&E) Included:
Yes
Estimated Value of FF&E:
$150,000
Description of FF&E Included:
all retail fixtures, installation equipment, a fleet of wrapped vehicles
Outstanding Liabilities & Debts:
No
Property Details :
Business Details :
Number of Employees:
21
Absentee Owner:
No
Business Can Be Moved:
No
License Included:
No
Real Estate:
Owned - Included in Purchase Price
Facility & Tenant Improvements:
Primary retail location is owned by the company and valued at $2.25MM (included in asking price). This location has 10k sf, including retail, office, and warehouse, and serves as the company headquarters. As stated above, there is more than one storefront, but only one property is owned by the company.
Competition:
Various competitors exist, spanning from construction firms to pool maintenance companies. This Company stands out by providing excellent service end to end, which they’re able to do because of their talented construction and service staff who have been with the company for years. This company consistently has a waitlist for new maintenance customers and a steady pipeline for new builds, in addition to a thriving retail business in multiple locations.
Growth and Expansion Opportunities:
The company has a strong pipeline for 2024 and continues to focus on providing that concierge level of service that turns customers into raving fans. Continue to uphold exceptional product quality and service standards and consider augmenting the workforce with additional high-caliber personnel to accommodate growing demands and to expand into adjacent markets, particularly on the service and retail side of the business which is currently limited to a smaller geographic area than the construction side.
Terms :
NDA Required:
Yes
Financing:
Seller financing will be considered if price and deal structure are right.
Support & Training Offered:
To ensure a smooth transition and ongoing success the Seller will work with a buyer as needed for three to six months.
Reason for Selling:
The Seller has invested in two unrelated businesses. After 13 years owning this business – and 15 years in this industry overall – the Seller is ready to move on.
Equipment Specifications :
Company Overview :
Franchise Overview :
Description :

Every so often an entrepreneur creates a truly special local business, and this is one of them. Located in a popular suburb just outside Nashville, this company serves Nashville and surrounding areas, designing and building swimming pools, providing regular pool maintenance for long-term customers, and has multiple retail locations. Through the smart use of technology, careful hiring of key employees, and fine-tuned systems that are documented and repeatable, this company has earned a reputation as a trusted one stop shop for all things pools that proudly delivers exceptional experiences to its customers.

This business is well-suited as an add on for a company that is already in the construction, home improvement, or swimming pool space.  It is also an excellent acquisition opportunity for an entrepreneur with some experience in the industry who is looking for a high net business with a strong brand to take over and grow.

The swimming pool construction and maintenance market in Tennessee is growing, propelled by an influx of new residents moving from more expensive markets like California, increased interest in residential enhancements, and a strong local economy overall.

Most new customers come through referrals due to the company’s strong reputation, and most construction clients become long term customers.  Retail stores are located in high traffic areas and, along with the fleet of wrapped vehicles, add to the visibility of the brand.

NDA is required to secure a comprehensive Confidential Information Memorandum (CIM) crafted by KLR Advisory Services.

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