Status: Sold
Reputable, Profitable, 22 Year Old Pool Services Company - Listing #: 53736
| Listing No: BBF-966-53736 | |
| Category | : | Pool & Spa Business | SIC | : | 7389 | |
| Detail | : | Pool Service | Price | : | 575,000 | |
| County | : | Lee | Down | : | 575,000 | |
| State/Prov | : | Florida | Disc Earn | : | 201,496 | |
| Country | : | USA | Sales | : | 554,174 |
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This very profitable, well-established, owner-operated pool service company was started by the current owner over 22 years ago in 2001. Serving both commercial & residential customers across Lee County 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. Full year 2022 revenues of $554,174.00 with seller discretionary earnings of $201,496.00. Business is equipped with an estimated $82,863 of fixtures, fittings and equipment and provides a new owner with the fantastic opportunity to learn the pool service business or add to an existing pool service business. |
| Showing Remarks | : | PLEASE CONTACT BROKER FOR ADDITIONAL INFORMATION |
| Reason for Sale | : | Retirement |
| General Location | : | Lee County, South West Florida |
| Organization Type | : | Corp 'Sub S' Hours Owner Works: 35 |
| : | Years Established: 22 Years Owned: 22 Emp FT: 3 Emp PT: 0 Mgrs: 1 | |
| Non Compete | : | Miles: 50 Years: 3 Weeks Training: 4 Cost: $0 |
| Operating dys/hrs | : | Monday through Friday - (9.00am through 4.00pm) |
| Skills/Licenses | : | Service Pool/Spa Contractor License |
| Business | : | Is Relocatable: Y Is Home Based: Y Is a Franchise: N Is Lender P/Q: N Should Qualify For Visa: Y |
| Data Source | P/L Statement | P/L Statement | P/L Statement | |
| Year (Cash Flow) | 2022 (N) | 2021 (N) | 2020 (N) | |
| Gross Revenue | 554,174 | 433,355 | 370,709 | |
| Cost of Goods | 227,744 | 138,896 | 202,819 | |
| Gross Profit | 326,430 | 294,459 | 167,890 | |
| Expenses | 207,110 | 194,291 | 130,442 | |
| Net | 119,320 | 100,168 | 37,448 | |
| Owner Salary | 59,040 | 59,040 | 59,040 | |
| Benefits | 3,655 | 6,730 | 6,730 | |
| Interest Expense | 134 | 39 | 118 | |
| Depreciation | 13,572 | 31,052 | 17,201 | |
| Other | 5,775 | 7,550 | 1,850 | |
| Discretionary Earnings | 201,496 | 204,579 | 122,387 |
| Accounts Rec | 0 | N* | Real Estate | 0 | N* |
| Inventory | 5,000 | Y* | ___________ | 0 | N* |
| F F & E | 82,863 | Y* | Total Assets | 87,863 | Y* |
| Leasehold | 0 | N* | |||
| *Included? |
| Lease/Month: 150 | Square Footage: 100 | Building Type: Storage Unit |
| Terms & Options: Currently Month to Month | Expiration Date: 12/31/2023 |
| 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 | : | ebell@sunbeltnetwork.com | ||
| USA | Home Page | : | sunbeltofflorida.com |