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Commercial Swimming Pool Construction

Indianapolis, IN (Marion County) (Relocatable)

Seller Financing Available
Commercial Swimming Pool Construction
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Asking Price: $1,499,000

Cash Flow: $424,000

Gross Revenue: $1,750,000

EBITDA: $280,642

FF&E: $150,000

Inventory: $75,000*

Established: 1984

*not included in asking price.

Commercial Swimming Pool Construction

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Business Description

This company is a well known, excellent commercial pool builder in Indiana. For over 30 years this company has maintained a great reputation and works with national known home builders, developers and hotel developers. Currently the company has work in process and contracts in place through July 2020. Client list is blue chip and most of his customers been working with pool builder for 10-20 years. This is a once in a lifetime opportunity to enter into a special niche with great upside potential .Price is very reasonable based on EBITDA and cash flow.

Detailed Information

Location:
Indianapolis, IN
Inventory:
Not included in asking price
Employees:
4/FT 5/PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business is located on a 1/2 acre lot . 7,200 sq feet total. 1,800 sq feet is office space space /showroom. 5,400 sq feet is warehousing .
Competition:
There are a few pool builders who specilaze in commecial arena in Indiana but primaily it is backyard pool builders who occessionly build /bid on commerical pools. This company has focused only on commercial market.
Growth & Expansion:
Growth opportuntites are very good. The owner choose to only sell and build so many pools annually and this number could be increased dramatically in Indiana and expanded to other bordering midwestern states.as well
Financing:
Depends on deal structure.
Support & Training:
The owner is willing to stay on board for 12-18 months so there would be long and smooth transition. If you are in resdential pool constuction business this is great way to expand. For those with no pool background the owner and key employees will be able to train , support and also have consutling accesss longer term if needed.
Reason for Selling:
Retirement
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(from currently available funds)
 
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Ana Sterling

Business Listed By:
Ana Sterling

The Sterling Advisory Group, LLC

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Sponsoring Broker:
Rod Sterling

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