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Pool & Landscaping Construction and Maintenance Business

Location: Texas

ID: (#200808)

200808
Price:$3,300,000
Revenue:$6,500,000
Cash Flow:$600,000
FF&E (Assets):$400,000
Inventory:$0
Real Estate:$0

Overview

The company has been in operation since 1980's and specializes in providing pool and landscaping construction and recurring maintenance services.

The Business markets itself as a turnkey contractor for backyard lifestyle and entertainment construction and maintenance needs.

The business is on a strong growth trajectory and has grown by 33% over the past 12 months as compared to fiscal year 2020.

As of September 30th, 2021 the Business had $2.2 million in unearned revenue under contract that is included in the sale.

Management estimates revenue for 2021 to be between $7.3 to $7.6 million

This is an 'essential business' that has continued to grow and operate uninterrupted during COVID-19.

Seller’s Discretionary Earnings (SDE) amounted to $600k over the past 12 months and is on track to exceed $800k in 2021

The Business is ideally located in Texas with a rapidly growing housing market within its geographic footprint.

Most employees have been with the business for 10+ years. The owner has set up a robust infrastructure, quality, and office processes to support operational excellence and long-term growth. All of the systems, processes, and key employees are in place for a smooth transition to a new owner.

Details

Reason for Selling:

Owner focusing on other business interests

Established:

1982

Employees:

27

Furniture, Fixtures, and Equipment (FF&E):

All the assets required to operate the business are included in the sale. A detailed list of assets will be provided to shortlisted buyers.

Facilities:

n/a

Opportunities for Growth:

The Business can continue to grow significantly on the back of the strong growth of the local housing market. Further, there are opportunities to invest in marketing, hire additional sales staff, as well as build relationships with homebuilders.

Support and Training

The Seller is willing to provide reasonable assistance with the transition at no cost for 30 days. After that time, the Seller and Buyer may enter into a consulting or employment agreement for terms and conditions to be mutually agreed upon.

Broker Contact Information

  • Texas - Dallas
  • By Appointment Only
  • Dallas, Texas 75024
  • Real Estate Broker: