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Pool & Landscaping Construction Business

Location: Texas

ID: (#200808)

200808
Price:Contact Broker
Revenue:$7,000,000
Cash Flow:$760,000
FF&E (Assets):$400,000
Inventory:$0
Real Estate:$0

Overview

$2 million in unearned revenue under contract that is included in the sale.

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

There is a mature employee base including a tenured employee who can operate as a General Manager to allow the new owner to operate the business remotely.

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 43% over the past 12 months as compared to fiscal year 2020.

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

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 retiring

Established:

1982

Employees:

27

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

All the assets required to operate the business are included in the sale. rnA 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 is an opportunity to scale up recurring maintenance services for project clients.

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: