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BUSINESS FOR SALE

Project Pool #2

About the transaction

In-ground pool maintenance, installation and renovation services for sale.

The company’s shareholders wish to sell 100% of their shares in their in-ground pool installation and renovation business.

About the transaction

Selling price

$1,600,000

Revenue

$1,800,000

BAIIA / EBITDA

$338,000

Characteristics

The company’s offices and warehouse are located in the Greater Montreal area. The company currently serves customers within a 20-kilometre radius of its head office.

The company employs over 9 people, including shareholders. The team is currently stable and competent. The company offers turnkey pool services:

  • Pool opening and closing;
  • Heat pump supply and installation;
  • In-ground pool liner supply and replacement;
  • In-ground pool supply and construction;
  • Pool renovation;
  • Supply of pumps, filters, salt systems, water return systems, etc;
  • Sand changes;
  • Pressure testing.

Region

Greater Montreal

HR

9

Bâtisse commerciale

No

Financial history

2020

Revenu

$1,821,000

Gross margins

46%

BAIIA / EBITDA N.

$350,000

2021

Revenu

$2,200,000

Gross margins

40%

BAIIA / EBITDA N.

$401,000

2022

Revenu

$2,439,000

Gross margins

39%

BAIIA / EBITDA N.

$428,000

2023

Revenu

$1,800,000

Gross margins

48%

BAIIA / EBITDA N.

$338,000

Notes

Based on Mission financial statements compiled as at September 30 of each year.

Business opportunities

  • Company with a strong reputation in the industry;
  • Stable 8-month operating financial profile;
  • The company turns down a large number of customers;
  • More than 4,130 customers and over 1,000 repeat customers;
  • Up-to-date online presence and significant investment in marketing;
  • Competent, long-standing team in place;
  • Over 5-year relationship with most repeat customers.

Vendor support

The selling shareholders will be available following the transaction to introduce the new owner to customers, employees customers, employees and suppliers, as well as to provide support and training required for the transition. They will also be available to remain as paid employees for a period to be discussed with the future buyer.

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