The company is a full-service pool and spa retail, installation, and maintenance company. The company offers a wide selection of pools, spas, saunas, and supplies, while additionally performing installations, cleanings, maintenance, and other related services.

Key Aspects

Revenue and adjusted EBITDA grew at compound annual growth rates of 21.5% and 52.0%, respectively, from 2018 to 2021
Third-generation family business with over 40 years of experience in the industry
Low customer concentration and strong market presence in local region
Award-winning customer service and large availability of high[1]quality pool and spa products
Loyalty program available that brings back customers year-over[1]year.

Opportunities

Expand geographically to reach new regions and increase market share
Launch inground pool construction services in 2023
Build upon the current marketing campaigns through direct marketing and social media
Implement the planned addition of selling other recreational products at retail locations
Continue the expansion of the offered maintenance services in 2023

Headquartered

Northeast US

Current Markets

The company currently serves the residential market throughout the Northeast US.

Real Estate

The company operates from four retail locations leased from a mix of affiliated and unrelated third parties. • Management notes the real estate will not be included in the sale, but a long-term lease can be negotiated.

Shareholder Objectives

The company is equally owned by two shareholders who are looking to financially de-risk and pursue other opportunities.
Both are willing to remain with the company for a predetermined period to facilitate a smooth transition to new ownership.

Benchmark International

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Pool & Spa Retail and Service Company – BN000034144

Pool & Spa Retail and Service Company – BN000034144

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