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Very profitable pool renovation, leak detection & equipment repair company


Pool_image2
Listing No: BBF-966-53738  
   Public Pictures:   
Category :  Pool & Spa Business SIC :  7389  
Detail :  Pool Repairs Price :  975,000  
County :  Sarasota Down :  975,000  
State/Prov :  Florida Disc Earn :  537,761  
Country :  USA Sales :  1,766,178  

This very profitable, well-established, owner-operated full-service pool company was started over eighteen years ago in 2005. Serving both commercial & residential customers across Manatee & Sarasota Counties this business has an excellent, longstanding reputation for service excellence and has grown organically by referral & word of mouth from a large number of satisfied existing clients. The business currently operates with five full time employees, plus the owner. Full year 2022 revenues of $1,766,178 with seller discretionary earnings of $537,761 for 2022. This business boasts an impressive 37% year over year growth driven by high demand in a rapidly growing marketplace. Business is equipped with an estimated $81,000 of fixtures, fittings and equipment and provides the new owner with the fantastic opportunity to expand on the incredibly lucrative pool renovation, leak detection and repair service business in the rapidly growing South West Florida marketplace.

Showing Remarks :  FOR ADDITIONAL INFORMATION CONTACT BROKER

Reason for Sale :  Retirement
General Location :  South West Florida
Organization Type :  Corp 'C'     Hours Owner Works: 35
  : Years Established: 18  Years Owned:  18  Emp FT:  5  Emp PT:  0  Mgrs:  1
Non Compete :  Miles:  100  Years:  3  Weeks Training:  4  Cost:   $0
Operating dys/hrs :  Monday through Friday 7.00am to 5.00pm
Skills/Licenses :  Residential Pool Contractors License
Business :  Is Relocatable: Y    Is Home Based: N    Is a Franchise: N    Is Lender P/Q: N    Should Qualify For Visa: Y

Data Source P/L Statement P/L Statement    
Year (Cash Flow) 2022 (N) 2021 (N) (N)  
Gross Revenue 1,766,178 1,281,589 0  
Cost of Goods 941,329 736,899 0  
Gross Profit 824,849 544,690 0  
Expenses 621,026 465,842 0  
Net 203,823 78,848 0  
Owner Salary 244,000 124,400 0  
Benefits 74,000 0 0  
Interest Expense 0 0 0  
Depreciation 3,067 25,536 0  
Other 12,871 9,515 0  
Discretionary Earnings 537,761 238,299 0  

Accounts Rec 0 N* Real Estate 0 N*
Inventory 0 N* ___________ 0 N*
F F & E 81,000 Y* Total Assets 81,000 Y*
Leasehold 0 N*
*Included?  

Lease/Month: 2250 Square Footage: 2450 Building Type: Commercial
Terms & Options: Negotiable Expiration Date: 1/1/2023


EDWARD BELL Office :  (941) 667-1616  
ASSOCIATE Fax :    
  Home :    
SUNBELT BUSINESS BROKERS NAPLES & FT MYERS Cell :  (941) 667-1616  
2640 GOLDEN GATE PARKWAY, SUITE 204        
NAPLES, FLORIDA 34105 Email :  [email protected]  
USA Home Page :  sunbeltofflorida.com

 



Listed By: Edward Bell

Background information

Reference:

53738

Finance

Sales:

$1,766,178

Profits:

$537,761

Profit type:

Discretionary Earnings

Price and terms

Price:

$975,000