MergerPlace

Pool Service Company

Virginia (Virginia Beach City)


  • Asking Price: $849,500
  • Gross Income: $978,997
  • Cash Flow: $300,042
  • Real Estate: $400,000
  • Inventory: $20,000
  • FF&E: $196,142
  • Listing ID: #226766
  • Established: 2005
  • Employees: 5 FT/2 PT

Business Description

Well Established Customer Focused Pool Service Company

Outstanding Reputation
Strong Customer Base
Great Assets
Business is Approved for Financing
Property Available

Operating 16 years this dedicated Pool Service Company has established itself as a premier leader servicing customers who look at their pool as the centerpiece of their backyard Oasis. The business has experienced sustained and incremental growth year over year, including last year with all of the COVID activity the business overachieved. This track record of success is a testament to the owners level of service and satisfaction they deliver each day and require of themselves and the employees. The business services nearly 250 customers on an ongoing and scheduled service regiment insuring that chemical balance is in place, cleanliness is pristine, and all of the mechanical components are in tip top shape. In addition, services include automation upgrades as well as every imaginable full renovation or repair. No job or request is too big to handle. To that end, the owner carries a Class B contractors license, and all employees are ASP Pool Operator certified. The pool cleaning technicians are all about attention to detail and are required to have general mechanical knowledge as well as some level of electrical and plumbing experience. The income and workload for the business is to some extent predictable based on the customer base, so it allows for planning and meeting expectations. And their customer base is the tip of the iceberg as there is substantial growth available should a buyer decide to expand the footprint and take on additional customers. Currently 5 employees support the operation and typically the employee base expands out to 7 in the busy summer months. The good news is that this business, even though it has an aspect of seasonality, operates all year long. These owners have created a formidable and admired enterprise. They find themselves at a crossroads as they have a tremendous opportunity far out of the area. So relocation is the driving force for selling, but not before these owners provide an adequate transition for a new buyer candidate.


Business Details

Primary Business Category: Services - Other Services
Location: Virginia
County: Virginia Beach City

Company Information

Year Established: 2005
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 5 FT/2 PT

Financial Information

Asking Price: $849,500
Gross Revenue: $978,997
Cash Flow: $300,042
FF&E: $196,142
Inventory: $20,000
Real Estate: $400,000
Seller Financing Available: No

Property Information

Facilities:

The business operates out of a 3,000 square foot facility, including office space, 3 dry storage rooms, a kitchen and break area, 3 large warehouse spaces, and ample parking. The space is available for rent at $2,000 per month, or as well available for purchase. The asking price for the property is $400,000.

Reason for selling:

Relocation.

Support & Training:

Willing to train for 4 weeks @ $0 cost.

Contact Business Seller

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Business Listed By:

Frank Chebalo

Murphy Business Brokers