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Details

Nov 6, 2018The Houston-based company is a manufacturer and installer of fiberglass pools and spas. The company also offers renovation services and a selection of over a dozen pool models. It sells to residential and commercial accounts as well as approved dealers in the Texas market.

Key aspects
· Located in the #1 pool market in the country
· Family-owned business for over 46 years
· Great reputation and known for quick service
· Owns almost two dozen fiberglass molds
· Strong and diverse client base
· Sells to wholesale and dealer accounts
· 40% repeat business
· Sales: 50% manufacturing & install; 26% renovations; 24% retail

Opportunities
· Open maintenance division
· Sell to more local retail
· Increase focus on dealer installer and wholesale accounts
· Improve internet presence and marketing
· Implement dedicated sales team
· Export fiberglass pools to high-demand market outside of Texas (California, Arizona, Florida)
· Open additional manufacturing facilities around Texas and the US

Headquartered
· Houston, Texas

Current markets
· The majority of clients are middle to upper class home owners, local retail, and authorized installers in the Houston metropolitan area. The company also serves commercial accounts such as hotels,
apartments, wholesale, and other authorized dealers that serve major cities in the United States.

Real estate
· The company leases a manufacturing facility from a related third party. The property can be included in the deal if desired.

Shareholder/owner objectives
· Two partners are seeking the sale of the company to de-risk and find a balanced lifestyle. They are both interested in remaining on long-term to allow for a smooth ownership transition.

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