Phone: (301) 215-9288
Price: $345,000
Location: Anne Arundel and Montgomery County
Industry: Maintenance and Services, Swimming Pool Maintenance
Listing ID: Montgomery-MZ S 670
Two franchise territories in Montgomery and Anne Arundel County covers a huge area with great potential to grow this company to a new level. Asking price is way below business value. This company is successful franchisee of one of the most successful Franchise and they provide Swimming Pool Cleaning,Repairs, Remodeling, Inspections, Leak Detection, Pool opening, Pool Closing, Safety Fences, and commercial pool services. The business has an excellent reputation and revenue has been growing nicely. Current owner started in 2019 and expanded his Franchise territory to three counties including Anne Arundel, Howard, and Montgomery County. They utilize very efficient and sophisticated software for client management, tracking service, and billing. They have good number of customers in database. Overhead is low and the business may be conducted from home. All loyal employees including Manager are in place and number of employees fluctuate from 5 to 15.
Listing Details
Revenue: $1,198,000
Cash Flow: $242,000
EBITDA: $201,000
FFE: $35,000 (Included in Price)
Inventory: $15,000 (Included in Price)
Lender Pre-Qualified?: Yes
Franchise?: Yes
Reason For Sale:
Owner has other business interest.
Training & Support:
No experience is required! The buyer will receive comprehensive training on the operation of the business from the
Franchisor. The training from the Franchisor is at the Franchisor headquarters in Macon, GA. The
Buyer will be responsible for all transportation and lodging costs while attending training. The Seller
may also provide additional training during transition period
Operation
Year Established: 2019
Year of Last Acquisition: 2019
Days & Hours of Operation: Monday-Friday 9:00am-5:00pm
Employees: 5 in busy season could go up to 15
Location
Facilities Information:
Currently the business is conducted from small office owned by owner with two garages. The business could be relocated and may be conducted from home.
Summary
Competition:
This business has created an incredible reputation because of its proven track record for success and
assurance of a job well done. See the difference with the proprietary software that tracks employees,
communicates with customers and much more. Technicians can turn around a full pool renovation estimate
or service estimate within 15 minutes remotely by office staff. Most other companies take days if they ever
respond. Owner can frequently beat multiple bid prices even with a premium price given the
speed/responsiveness, and reputation.
Potential Growth:
While producing steady
revenues and good profits, the Company has some additional opportunities that can play an
instrumental role in increasing revenue and profits even further, including:
Employing a dedicated outside salesperson, Adding pool construction to list of services (training provided by Franchisor), Expand business hours to include weekends, and retaining more residential and commercial clients in all large territories that have.
(Mike) Majid Zarinbaksh, MBA, CBI, M&AMI
majid@sunbeltnetwork.com
(301) 215-9288
Address:
7735 Old Georgetown Rd., Suite 910
Bethesda, MD 20814