Location: Palm Beach County
Listing ID: 42734630
Listing Status: New
A well-established pool service company has been downsizing slowly due to partner retirement.
Presented here for sale is the last and the best route left. These are 75 "cream of the crop" accounts, with twenty-eight accounts located on Palm Beach Island, the most desirable area for pool companies because of their premium pricing. The rest of the accounts are mostly located in the pricey country club communities and along the intracoastal area of Palm Beach County. The route generates a monthly recurrent pool service revenue of 10,010. In the first 6 months of 2022 these accounts generated an additional gross income of $38,930 in repairs.
Currently the owner has two employees to service the accounts. One of the employees performs most of the repairs for the route. Some work is subcontracted to trusted companies/subcontractors for a commission.
These accounts have always been high income potential accounts for the company. The majority have been with the company for over 20 years and through multiple buyouts. The new owner will take over loyal, high producing and easy to work with accounts.
Down Payment: $100,000
Total Sales: $197,980
Cash Flow: $73,292
Accounts Receivable: N/A
Year Established: 1982
Year of last Acquisition: 2015
Days & Hours of Operation: Monday to Saturday 8 AM to 5 PM
Owner Hours Per Week: 10
Non-Owner Payroll: N/A
Real Estate: N/A
Monthly Rent: N/A
Type of Location: Route / No Physical Location
Reason For Sale: The owner is pursuing other business opportunities.
The owner is pursuing other business opportunities.
Training & Support: Seller provides training for 2 weeks at no cost.
Seller provides training for 2 weeks at no cost.
Financing/Terms: $20,000 is financed for 6 months at 6%.
$20,000 is financed for 6 months at 6%.