Description:

The company is a pool service and renovation company with over three decades of experience. The company provides high-quality services to its clients by utilizing advanced technology and latest materials, offering comprehensive solutions such as pool maintenance, repairs, renovations, custom designs, and installation services.

Key Aspects:

Adjusted EBITDA margins averaged 19.3% from 2020 to 2022
Revenue averaged $3.7 million from 2020 to 2022
Strong operational history with many repeat clients each year, several of whom have been working with the company since its inception
Equipped with an educated and well-experienced staff that provides exceptional services to clients quickly and efficiently
Member of a pool trade association located in the company’s current state of operation

Opportunities:

Increase the number of client contracts currently in place to secure recurring revenue via various services
Focus on expanding the company’s current team of pool technicians to continue increasing the number of pools that can be worked on each week
Implement a strategic marketing campaign to increase the company’s client base and expand into markets outside of the company’s current reach

Headquartered:

Northeast US

Current Markets:

The company services swimming pools for both residential and commercial clients throughout its current state of operation.

Real Estate:

The company operates from a 4,200 sq. ft. facility that is leased from an affiliated entity. Management is open to entering into a long-term lease agreement with new ownership.

Shareholder Ownership:

The company is owned by two shareholders (99%/1%) that want to begin planning for retirement. The majority shareholder is willing to remain with the company for a predetermined period of time to facilitate a smooth transition to new ownership.

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Pool Service and Renovation Company – BN000047603

Pool Service and Renovation Company – BN000047603

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