Tuesday, 13 February 2018

S-2747-9 SJE Swimming Pool Service Company (New York Metro Area US)

Business Description: This 45 year old, established Company provides service for residential pools, spas and saunas. Services include residential, route weekly/seasonal maintenance of swimming pools and spas, basic swimming pool opening and closing agreements, pool heater service, cleaning and pool cover removal and storage. The Company specializes in system and equipment upgrades on older pools. The Company has 9 full time and 40 seasonal and full time staff. The Company fleet includes 13 service vans and 3 delivery vehicles. They operate out of a 9,900 square foot building that includes 3,000 square feet of retail space.

Distribution: Retail store sales include saunas, spas, steam rooms, water testing, chemicals and pool supplies. Revenue mixer the Company is 60% service, 30% retail and 10% sauna and spa sales.

Operational Strengths:
·         400 Weeks Service Accounts
·         Over 700 Active Service Accounts
·         Member Buying Group
·         Strong Balance Sheet
·         Good Inventory of Replacement Parts

The Transaction: The owner is retiring and will entertain all offers.

Financial Summary

2018 Est by Seller
$ 3.5 Mil.
$ 3.5 Mil.
$ 3.4 Mil.
Adjusted EBITDA
$  410k
$ 410k
$ 372k

Other Highlights
Management Team in Place
Years in Business
SIC Classification
New York Metro Area

Direct All Inquiries to:
                                                                 Gottesman Company        
Refer to:  S-2747-9 SJE
Tel: 212-330-8010     Fax: 646-434-4557