Pool Supply Retailer, Maintenance & Installer, Five Decades! (37999)
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Revenue: $1,595,000
Adjusted Cash Flow: $100,000
Location:
Situated along Western Michigan, the business has two divisions, the first focuses on pool and spa systems installation, maintenance, and repair services, and the second focuses on the retail sale of filters, heaters, chemicals, water test kits and other aquatic supplies. This debt free had total revenues of $1,594,961 in 2023 alongside Discretionary Earnings of $99,758. Projections are currently targeting $1.6 Million in Sales for 2024 and there are many growth and optimization options for this business! Two workplace properties include a 1,500-square foot store leased for $550 monthly, and an owned and separate 11,000-sq.ft. facility complete with 500-sq.ft. of office room, a 4,500-sq.ft. warehouse, and 6,000-sq.ft. showroom. Found in prime condition, the property value is subject to appraisal and the locations boast heavy traffic with excellent walk-in concentration. With no account representing more than a few percent of annual revenue, the company has fantastic customer diversity in both commercial and residential sectors. After more than half a century of quality services and reputation, the skilled team of eight nonunion employees are likely to remain post-sale and continue operations; there are typically 10 seasonal employees as well. The ownership is involved in day-to-day operations and is available as needed to facilitate a smooth transition. Apart from an informative website and online engagement via social media, most marketing relies on verbal referrals from their large, repeat customer base, with opportunities to maximize outreach through strategic advertising.




