Pool and Spa Installation and Service
Price: $450,000
Location: Northern New England
Industry: Building and Construction
Listing ID: MT08042023
Pool and Spa Installation and Service
This successful pool and spa installation business has been in operation for 26 years and with a customer list of 2,000 clients. Boasting 4 stars on Yelp and 4.2 stars on Google, their customers clearly love the business!
This company is an authorized dealer and service center for Jacuzzi, Bay State Pools, Hayward, Saratoga Spas and more.
The company sells, installs and services hot tubs, in-ground pools (both outdoor and indoor!) and retaining walls for out-of-level yards. They specialize in energy-efficient “green” installations, minimizing heat loss and evaporation.
Services include maintenance and repair of pool and hot tub equipment as well as winterizing and Spring opening.
The company has won many awards over the years, including “Best of” in the areas where they operate, Design Awards for both indoor pools and another for hot tubs as well as multiple “Dealer of Excellence” awards.
This is a solid turnkey business that is right for someone looking for a strong, established business.
The seller is willing to stay on for up to 2 years to help the new owner get up to speed.
Opportunities for growth:
The seller does no advertising and it seems reasonable to expect business to grow with a solid ad campaign on TV, radio, direct mail and social media.
The seller refuses commercial pool and spa work. Expanding into this sector seems like a good opportunity.
- Asking Price: $450,000
- Gross Revenue: $804,000
- Employees: 3 FT (seasonal)
- Monthly Rent: $ 4,100
- Open: Tuesday – Saturday; Sunday & Monday: By Appointment
- Building Size: 5,700
- Established: 1998
- Reason for selling: Retirement.
Note: Financials are seller-provided and not audited by Inbar Group ,Inc.
Listing Details
Gross Revenue: $804,000
Cash Flow: $153,000
Inventory: $90,000
Terms and Conditions?:
The seller will consider financing with a meaningful down payment.
Reason For Sale:
Retiring
Training & Support:
Sellers willing to assist with transition for up to 2 years.
Operation
Year Established: 1998
Days & Hours of Operation: Tuesday – Friday: 9:00AM to 5:00PM Saturday: 10:00AM to 4:00PM Sunday & Monday: By Appointment
Employees: 3 FT
Location
Monthly Rent: 4100
Square Footage: 5700
Relocatable?: Yes
Facilities Information:
Two retail locations, about 30 minutes apart from each other.