This profitable established company, based in Riverside, serves customers in the Inland Empire and High Desert throughout an approximate fifty mile radius within Riverside, San Bernardino and east Orange Counties. The Company installs energy saving swimming pool water heating systems including their controls. They are a dealer for one of the largest solar pool heating manufacturers in the United States. Heating the water of a swimming pool extends the months that the pool can be used in comfort without high heating bills. The Company does installation, service and repair, and warranty replacement for pool owners in middle to high income homeowners, homeowner associations (HOA’s) and mobile home parks (MHP’s). The average residential contract is $5,000, and the average commercial contract is $35,000. Their niche market has minimal competition.
Business sales have been constrained by the owners preferring to run a simple, small business that keeps them busy, provides excellent service and produces an adequate income. There are thousands of pools that would benefit from the Company’s service. Upside potential includes expanding the service area into adjoining counties, providing pool /patio/yard service. The company is a good candidate for a solar PV electric company buyer.
An established referral base of pool builders and several file cabinets containing the history, data and contact information of over 2,500 satisfied current and past customers, and a direct mailer list compiled by year and city, provide a good sales data base for the buyer. The Company has clean accounting and tax records with few add backs. Pre-approved for SBA funding.
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