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 |
2640 GOLDEN GATE PARKWAY, SUITE 204 | ||||
NAPLES, FLORIDA 34105 | : | rvandiver@sunbeltnetwork.com | ||
USA | Home Page | : | sunbeltofflorida.com |