Commercial Pool Service Company for Sale

This commercial pool service company cleans, services, and repairs exclusively for commercial clients such as apartment complexes. They have a full team in place. The owner oversees the books and client relations but is not involved in day-to-day pool service.

Business growth has been strong.

The company has around 220 pools and close to 180 clients. They focus on serving commercial clients such as apartment complexes in Pinellas, Hillsborough, and Manatee Counties. The owner estimates that there are between 7,000 and 8,000 commercial properties, so there is potential to grow. They have not aggressively pushed any marketing over the last couple of years. They have recently been growing through referrals and their website presence.

The owner does not clean pools.

The company has been successfully serving clients since 2015. They have a fleet of 12 vehicles and a 10-member team servicing pools and making repairs.

Their technicians maintain correct chemical levels in swimming pools and spas, clean filters, tiles, pumps, and lines to prevent unusual wear and tear and keep equipment working satisfactorily and safely. This company provides all chemicals used in their Scope of Service.

They also maintain periodic report logs in compliance with the Florida Department of Health code standards.

This company has a qualified repair team who provide advice, troubleshoot issues, and repair pool equipment.

Services are provided Monday through Friday during normal business hours.

Total Sales: $ 1,625,708

Cash Flow: $ 285,778

EBITDA: $ 225,778

FFE: $ 215,000

FFE Included: Yes

Inventory: $ 20,000

Inventory Included: Yes

Year Established: 2015

Year of last Acquisition: 2015

Days & Hours of Operation: M-F, Some weekends if emergency

Employees: 10

Absentee Owner: No

Monthly Rent: $ 3,200

Square Footage: 3,000

Franchise: No

Facilities Information:

Business leases warehouse/storage in the northern part of Tampa Bay. Rental payments are $3,210 per month.

The location could be moved at the end of the lease for the convenience of the buyer, but they have a satisfactory warehouse with a reasonable lease.

Reason For Sale:

The owner has other interests and is ready to pass the torch on to a new owner! The owner will sign a non-compete agreement to satisfy the new owner.

Owner Qualifications:

Florida requires a Florida Certified Pool Contractor (CPC) license. If you do not have the proper license, the owner will hold the license in the business to allow the new owner to get licensed.

Potential Growth:

This is a very well-established service company with over ten years in business and has created an incredible reputation.

There is room to grow this business. Consider that there are over 7,000 potential clients just in the market area. Florida’s population growth remains very strong and will likely require even more new buildings with pools, including apartments and condominium communities.

There should be plenty of growth in the area to encourage more new commercial pools. From StateofFlorida.com website: Number of people who move to Florida each day — 1,000. Growth in population and pools means more opportunity to grow the business. Business has a nice steady cash flow. Seller’s asking price will in include cash coming into the business at the time new owner takes over.

Financing/Terms:

This business may qualify for SBA financing for buyers with reasonable credit and the other qualities required to get an SBA loan. A qualified Buyer should be able to acquire this business for 20% down. This will be up to the final approval in the SBA lenders.