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Swimming Pool Installation, Renovation And Service Business

Nassau County, NY, USA
Updated 3 days ago
Established 1960

This famiy owned, long established, full service swimming pool company provides pool supplies, services, construction and renovation of existing pools in Nassau & Suffolk Counties on Long Island. The business is highly profitable and has been pre-approved for an SBA loan, with a low down payment. The business has been growing, with a nearly non-existent advertising budget. Ownership is willing to remain for up to a year to assist in transition and to hire replacement management. The firm has a skilled staff, many of whom have been with the company for over 10 years.

Inventory

$350,000

Internal Id

Rapt5600

Monthly Rent

$8,000

Square Footage

5000

Financing Notes

Reviewed by SBA lender & pre-approved for loan of $4.365 MM to qualified buyer.

Type Of Location

Leased - $8,000 per Month - Lease Expiration: 12/31/2035

Year Established

1960

Inventory Included

Yes

Number Of Employees

45

Reason for Selling

Reirement/Estate Planning

Financials

Asking Price
$4.8M
RevenueMost Recent Year
$8.2M
Earnings (EBITDA)Last Reported
$1.3M
Assets ValueIncluded in Asking Price
$250K
Seller Financing
Not available

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