Northeastern Ohio Pool Service Company – $1.5M? (Acquisitions Anonymous)

Hi folks, Will here from the Acquisitions Anonymous team. Today's episode looked at a long-standing pool service company in Northeastern Ohio, notable for its strong financials and curious location offering. This is a pool service business with just under $2 million in revenue and about $454,000 in EBITDA, priced at around $1.5 million. Located in Northeastern Ohio, the business includes $80,000 in inventory but not the $750,000 real estate, which houses a 13,000 sq. ft. facility. With eight employees, the company stands out as a prominent local player in pool maintenance and service. But with its seasonality due to Ohio's climate, how does it maintain such steady operations? Takeaways - This business is a seasonal play, given Ohio's climate, which affects cash flow and may complicate financing. - They used to install pools but now focus on maintenance and service. Why did they exit installations, and is there potential to re-enter? - The real estate isn't included in the price, so consider market rent adjustments in your valuation. - Pool service businesses like this one aren't typically targets for private equity due to seasonality, offering unique opportunities for individual buyers. - Is the business truly relocatable, or does its success hinge on its established local presence? You can listen to the whole episode here: https://www.youtube.com/watch?v=O1AGJ5WNGOU And check out the business listing direct: https://www.bizbuysell.com/business-opportunity/pool-service-company-in-northeastern-ohio/###-###-#### /