Listing Number: 13485-651746
Description
Well-established full-service pool construction company based in NC. This business has been a staple in the region for over 5 decades. Specializing in custom commercial and residential pool projects. The business boasts a diverse portfolio and multiple streams of revenue with pool construction, maintenance, repair, and retail for both commercial and residential customers. Company currently has a substantial backlog of $5.5M in secured contracts.
Financial:
2023 Revenue: $7,309,528
2022 Revenue: $6,280,178
2021 Revenue: $6,243,854
10,000+ square feet for business operations.
Real Estate Available for sale.
This is an ideal acquisition opportunity for a strategic buyer looking to enter or expand within the lucrative pool construction industry. The company's established brand, diverse revenue streams, and robust backlog provide immediate value and growth potential.
Seller is dedicated to a smooth transition.
Listing Details
- Price: $6,950,000
- Down Payment: $6,602,500
- Sellers Discretionary Earnings: $2,069,538
- Total Sales: $7,309,528
- Location: North Carolina
- Inventory: $1,068,651
- FF&E: $591,587
- Employees: 26
- Reason for Selling: Retirement
- Category: Construction
