OFF-MARKET-Bay Area High Net Pool Repair Business for Sale

OFF-MARKET ‘Q1 2024

Pool Repair Company For Sale in Alameda County

Livermore, CA (Alameda County)

Seller Financing Available

Asking Price: $700,000

Cash Flow: $351,626

Gross Revenue: $664,156

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2002

Employees: 1 (PT- 1099)

Business Description
This outstanding Livermore, CA Pool Repair Company services the growing community of Alameda County, and was started by the owner in 2002.
The Seller is a sole proprietor and owns 100% of the subject business being sold.
The Seller and Seller’s Agent will work with the successful Buyer to facilitate the transfer of all contracts and intellectual property being purchased under a corporate structure of the Buyer’s choosing.

The Company is being offered for sale under a competitive Letter of Intent format, whereby the successful Buyer will have access to comprehensive, and confidential, due diligence information inside of a due diligence data room so as to help facilitate the bid process.

Highlights
• S-Corp: began June 2002
• Non-compete: Owner is retiring
• $664K sales
• $352K net income
• $319k overhead

The business is mature and stable and the Seller would like to exit the business, subject to a non-compete, after a transition period in favor of the Buyer.
To ensure a smooth transition, the Seller is willing to offer a transition period to the new Buyer after closing to support the Buyer and his/her future success.

NDA is required {SUBMIT BELOW} to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

Detailed Information:

Facilities:
No facilities. Everyone in the office works remotely, technicians are onsite and meet with the owner to pick up equipment and chemicals as needed.

Competition:
Swimming Pool Services in the US industry statistics
• Market Size: $7.8B
• Number of Businesses: 76,783
• Annual Growth: 6.1% (2018-2023)

Growth & Expansion:
To expand, grow and nurture the Business to greater profitability, the Seller believes that with the goodwill of the business a new owner will receive, investment in additional marketing strategies outside of the website and word-of-mouth strategies currently employed could take the business to a whole new level. Additional opportunities lie within horizontal expansion such as offering pool cleaning services and servicing commercial clients.

Financing:
TBD if structure and terms are acceptable.

Support & Training:
To ensure a smooth transition and ongoing success the Sellers will work with a buyer as needed, terms TBD.

Reason for Selling:
Seller is ready to retire.