Looking for a buyer.
This outstanding Livermore, CA Pool Repair Company services the growing community of Alameda County, and was started by the owner in 2002. The Seller is a sole proprietor and owns 100% of the subject business being sold. The Seller and Seller’s Agent will work with the successful Buyer to facilitate the transfer of all contracts and intellectual property being purchased under a corporate structure of the Buyer’s choosing. The Company is being offered for sale under a competitive Letter of Intent format, whereby the successful Buyer will have access to comprehensive, and confidential, due diligence information inside of a due diligence data room so as to help facilitate the bid process. Highlights • S-Corp: began June 2002 • Non-compete: Owner is retiring • $664K sales • $352K net income • $319k overhead The business is mature and stable and the Seller would like to exit the business, subject to a non-compete, after a transition period in favor of the Buyer. To ensure a smooth transition, the Seller is willing to offer a transition period to the new Buyer after closing to support the Buyer and his/her future success. NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners. Detailed Information: Facilities: No facilities. Everyone in the office works remotely, technicians are onsite and meet with the owner to pick up equipment and chemicals as needed. Competition: Swimming Pool Services in the US industry statistics • Market Size: $7.8B • Number of Businesses: 76,783 • Annual Growth: 6.1% (###-###-#### ) Growth & Expansion: To expand, grow and nurture the Business to greater profitability, the Seller believes that with the goodwill of the business a new owner will receive, investment in additional marketing strategies outside of the website and word-of-mouth strategies currently employed could take the business to a whole new level. Additional opportunities lie within horizontal expansion such as offering pool cleaning services and servicing commercial clients. Financing: TBD if structure and terms are acceptable. Support & Training: To ensure a smooth transition and ongoing success the Sellers will work with a buyer as needed, terms TBD. Reason for Selling: Seller is ready to retire.

listing type
exclusive representation
industry
Consumer Services
location
Livermore, CA, USA
revenue
$664,156
ebitda
$351,626
proposed price
$700,000
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