Profitable Swimming Pool Design & Installation Company
| Cash Flow: | $1,300,000 |
| EBITDA: | $1,200,000 |
| Gross Revenue: | $4,000,000 |
This residential swimming pool construction company based in Charleston, South Carolina specializes in the design and construction of high-end residential swimming pools. The Company also provides swimming pool maintenance, repairs, disaster recovery, and renovation. The Company’s customers consist entirely of residential builders and homeowners.
In 2022, revenue was derived from installation (65%), maintenance (20%), and pool service (15%). As of June 2023, management indicated there is a backlog of $1.7 million in business. Most of the Company’s installation business is generated by word-of-mouth referrals based on the Company’s outstanding reputation. The Company does repeat business with its homebuilding clients and gets referrals from real estate brokerage firms with whom it has relationships. Maintenance and service clients are primarily derived from their customer database of clients for whom swimming pools were previously designed and installed.
The Company has built an effective organization capable of sustaining growth. The Company maintains fixed operating expenditures, and future revenue growth will improve profitability.
INVESTMENT APPEAL
Management Will Remain through Transition: The officers are willing to remain through the transition period, and would entertain remaining with new management for a longer period of time on a consultancy basis. Additionally, all key employees will be available to remain with new ownership beyond the sale of the Company.
Superior Name and Reputation: This Company enjoys a long-standing reputation for the quality of its products and services, expertise, dependability, and superior customer support. As a result, the majority of their business is from repeat business and referrals.
Diversified Customer Base: This Company has developed an excellent reputation within the local area for supplying high quality and high value pool construction and service. Over the historical period, the Company experienced no significant customer concentration. A diversified customer base helps ensure that the Company will not be significantly impacted by the loss of a single account.
