Status: New
Highly Profitable Pool Construction Co. $2.3M SDE - Listing #: 56836

Category :  Construction SIC :  1799  
Detail :  Contractor Pool Price :  9,122,000  
County :  Manatee Down :  1,368,300  
State/Prov :  Florida Disc Earn :  2,312,451  
Country :  USA Sales :  27,613,848  

Sunbelt Business Brokers is proud to offer this Palmetto, Florida-based pool construction company for an asking price of $9.12M.

Family owned and operated, the company specializes in high quality product and services, with matching quality reputation. The seller is ready to start retirement thus opening the opportunity for the new owner. The seller’s team, who will remain with the company, believe in the business, know how to grow it, and along with the seller will train and work alongside the new ownership and/or management replacement during the transition as needed.

The business generates $2,316,400 SDE on revenues of $27,613,848 based primarily on residential pool and spa sales. The existing FFE is detailed in the report below and is estimated at $822,524 replacement value.

Currently the business serves Bradenton, Palmetto, Ellenton, Parrish, Lakewood Ranch, Sarasota, and Hillsborough County as well as the surrounding areas. This greater area is a prime market for business as it is one of the fastest growing areas of the Gulf Coast of Florida. In addition to this prime area, additional expansion opportunities can be leveraged into the Tampa area and surrounding communities for even greater success.

Great growth potential and current profits. Don’t wait, this business won’t last long.


 

Reason for Sale :  Retirement
General Location :  Sarasota/Bradenton, FL
Organization Type :  'LLC'     Hours Owner Works: 40
  : Years Established: 15  Years Owned:  15  Emp FT:  21  Emp PT:  0  Mgrs:  2
Non Compete :  Miles:  50  Years:  2  Weeks Training:  3  Cost:   $0
Operating dys/hrs :  9:00AM-6:00PM (Mon.-Fri.) Closed (Sat.-Sun.)
Skills/Licenses :  CPC License - Certified Pool Contractor, statewide validity
Business :  Is Relocatable: N    Is Home Based: N    Is a Franchise: N    Is Lender P/Q: Y    Should Qualify For Visa: Y

Data Source Tax Return Tax Return Tax Return  
Year (Cash Flow) 2024 (N) 2023 (N) 2022 (N)  
Gross Revenue 27,613,848 26,355,197 18,944,998  
Cost of Goods 22,415,972 22,392,463 17,113,677  
Gross Profit 5,197,876 3,962,734 1,831,321  
Expenses 4,129,095 3,546,376 2,239,990  
Net 1,068,781 416,358 -408,669  
Owner Salary 60,000 60,000 60,000  
Benefits 47,899 51,945 50,531  
Interest Expense 98,469 593,126 145,716  
Depreciation 372,302 136,949 91,488  
Other 665,000 665,000 0  
Discretionary Earnings 2,312,451 1,923,378 -60,934  

Accounts Rec 0 N* Real Estate 0 N*
Inventory 0 N* ___________ 0 N*
F F & E 0 N* Total Assets 0 N*
Leasehold 0 N*
*Included?  

Lease/Month: 7192 Square Footage: 9000 Building Type: Office/Warehouse
Terms & Options: New long-term lease avail Expiration Date: 5/31/2029

Loan/Assumable - Amt:  0  Mos: 0  Rate: 0.00  Mo Pmt: 0.00  
Loan/Seller - Amt:  0  Mos: 0  Rate: 0.00  Mo Pmt: 0.00  
Loan/Other - Amt:  0  Mos: 0  Rate: 0.00  Mo Pmt: 0.00  

RONALD MARK VANDIVER Office :  (855) 969-3534  
ASSOCIATE Fax :    
  Home :  (314) 971-0984  
SUNBELT BUSINESS BROKERS NAPLES & FT MYERS Cell :  (314) 971-0984  
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NAPLES, FLORIDA 34105 Email :  rvandiver@sunbeltnetwork.com  
USA Home Page :  sunbeltofflorida.com