, California 8 views 0 favorites
The Company is an established and well-respected franchise business that specializes in swimming pool construction. Although the Company has the ability to expand its business into remodel construction, commercial construction, retail sales, service and maintenance, etc., the Company is currently focused and working primarily on new construction with homeowners of single-family homes. The Company is poised for continued growth in South Orange County, which has one of the most dynamic housing markets in the United States. With booked sales surpassing 7MM in its first full year of business (2020), and more than 7MM in sales in 2021, the Company's total sales are over 16MM since opening shop in mid-2019. The Company’s total revenue of 12MM+- in 2.5 years of business is well diversified across multiple projects, with the average contract written at around 135K. In a market/industry where 10% EBITDA is better than average, the Company has an EBITDA of 16% over the past 12 months. The Company attributes its impressive growth to the unique processes that have been developed, implemented, and proven over the past 30 months. The quality of work, strong team, as well as the Company’s history and image are the reasons why customers rave about the Business. The Company has not spent hardly any marketing dollars to achieve its high growth, which presents an opportunity for the new owner to grow this business more aggressively. The new owner can allocate additional funds towards marketing, expand into other scopes within the industry (service, commercial, retail, remodels, etc.), and focus on some of the larger market cities in the area (Newport Coast, Coto de Caza, Corona Del Mar, Laguna Beach, etc.), all of which are located within the exclusive/protected territory. The Business currently operates out of a small office/showroom with 6 employees (2+ owner in office, 3 in the field). The Company has a well-established team led by a Project Manager, who has been in the industry for over 17 years. The Company is highly differentiated as follows: • Projected growth and profitability based on a robust pipeline • Established CRM with extremely detailed notes for 700+ leads/potential customers • Proven sales process that yields a 20%+ closing ratio compared to the std. Location: Irvine, California Year Established: 2019 Number of Employees: 6 Facilities: 800 sq. ft. (4,300 sq. ft. property w/ parking lot) Growth & Expansion: Excellent growth
Listed: Apr 21, 2022
Updated: 9 hours ago
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