Award-Winning Custom Swimming Pool Builder
| Gross Revenue: | $5,379,000 |
| EBITDA: | $694,000 |
Description:
The Company is an award-winning luxury residential swimming pool builder. The Company has been designing, building, and maintaining custom pools for customers located throughout the Southeast US for over two decades.
Key Aspects:
• Revenue and adjusted EBITDA grew at compound annual growth rates (CAGRs) of 11.4% and 53.4%, respectively, from 2020 to 2023
• Gross profit margins averaged 27.8% from 2020 to 2023
• According to management the Company has a backlog of approximately $5.7 million as of April 2024
• Strong market presence and reputation developed throughout its 25+ years of operation
• Seasoned management team with decades of pool design experience
• Recipient of numerous industry awards
Opportunities:
• Further develop sales and marketing initiatives to expand the customer base and increase market share
• Expand service offerings to nearby states
• Bring swimming pool financing in-house
• Penetrate the commercial building market to generate additional customers
• Enhance the maintenance/repair line of business to generate additional revenue streams
Headquartered:
• Southeast, US
Current Markets:
• The Company serves home builders and individual homeowners in the Southeast US.
Real Estate:
• The Company’s office and warehouse space is located in an upscale commercial office park leased from an unrelated third party. Management notes there is room to grow in the current location and that the lease is assumable.
Shareholder Ownership:
• The Company is wholly owned by a single shareholder who would like to pursue retirement. He is willing to remain with the Company for a predetermined period to facilitate a smooth transition to new ownership.
