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Pool Installation

Full-service Pool Company in Desirable Coastal Market

North Carolina
  • Asking Price$2,800,000
  • Revenue$4,216,000
  • Cash Flow$937,006
  • Inventory$150,000
  • FF&E$100,000
  • Real estate$ 500,000
  • *INCLUDED IN ASKING PRICE
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CONTACT THE BROKER

Erik Sullivan web
Erik Sullivan
919-263-2550

Business Description

Unmatched reputation with plenty of opportunity to grow!

Established residential and commercial pool builder offering, pool repair, accessory product sales, and maintenance in coastal North Carolina.

This company builds the three most common types of pools: concrete, vinyl liner, and fiberglass. This full range of options makes the business attractive to potential customers.

After more than 20 years in business, the company’s reputation is outstanding. Its primary customer base consists of residential homeowners, but the company also services some commercial clientele in the area.

Company Highlights:
• Consistent, clean financials
• Real estate available
• Several opportunities for growth
• Most business from word-of-mouth
• No customer concentration
• Established brand
• Limited competition
• Attractive location

Located in a beautiful building with great visibility, the real estate features a standalone facility with a polished showroom, retail sales area, office spaces, warehouse/storage space, and overhead roll-up doors.

Buyer must demonstrate financial capability. The business and real estate have been prequalified for an SBA loan package that includes the business, real estate, and $200,000 in working capital for a Buyer with approximately $550,000 down.

Comprehensive marketing package including detailed video overview available upon initial interview and signing of non-disclosure agreement. To learn more, contact Jonah Pollone at MidStreet at (919) 263-2550 or jonah@midstreet.com. Real Estate offered through MidStreet Realty, Inc.

INVENTORY

Included in asking price

Real estate

Owned; not included in asking price

building square footage

3,000+

Furniture, Fixtures, & Equipment (FF&E)

Included in asking price

Facilities

Well maintained throughout with a beautiful showroom and retail space. Real estate offered through MidStreet Realty, Inc.

Competition

While limited competition does exist, this business is one of the largest and most trusted contractors in the area. Most competitors are unsophisticated.

GROWTH & EXPANSION

Growth opportunities include expansion of the maintenance and service program, organic growth of the company’s service area, and increasing the focus on commercial customers. Additional opportunity exists to expand company footprint and labor force through acquisitions.

Support & Training

Onsite transition support and call/email support will be made available and are included in the purchase price.

Reason for Selling

The current owner wishes to retire after many successful years in business.

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Understand Buyer Financing

Almost all buyers will use some type of financing when they purchase a business. If you plan to finance, then you need to know your options. Informed buyers have time to prepare for the buying process, while those who wait wind up slowing down the deal. Don’t wait.
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