• Landline:512.347.2000
  • Email:stafford@benchmarkcorporate.com
enquire now

Residential Pool and Spa Construction Company

  • 136
Specifications
EBITDA$248,000
Revenue$2,103,000
Client CodeMIS1213
EBITDA Range under-250K
Revenue Range 1M-5M
Sector Building-and-Construction
Region Southwest-US
Deal Structure Full-Sale
HeadquartersAustin, TX
Description

Texas-based company that constructs high-end residential concrete pools and spas in the greater Austin area. The company provides a full service operation that also includes the installation and construction of spas, outdoor kitchens, decks, landscaping, outdoor living areas, cabanas, gazebos, and water features.

Key aspects

  • Great reputation and customer service
  • Experienced management team
  • Transparent design and construction process
  • Strategically located in a high demand pool market
  • High-end clientele

Opportunities

  • Implement a maintenance division
  • Hire additional sales staff and project mangers
  • Invest in additional marketing efforts
  • Increase focus on metro Austin area
  • Expand operations into other surrounding cities
  • Provide some in-house construction services to reduce long-term costs
  • Focus on commercial real estate sector such as hotels and apartments

Current markets

  • The majority of clients are middle-to upper-class home owners in the Central Texas market, specifically to surrounding areas of Austin.

Real estate

  • The company owns a newly renovated property on a half-acre lot. The facility can be purchased or leased for a negotiable price.

Shareholder/owner objectives

  • Two partners are seeking the sale of the company to de-risk and seek additional time with family. One partner, who is responsible for majority of the pool sales, would be willing to remain with the company long- term in a flexible role until transition is successful. The other partner prefers to exit after the sale but is willing to stay on as long as needed for transition.
Key indicators:
Year end 12/31/2017 12/31/2016 12/31/2015 12/31/2014
YTD Actual Actual Actual
$’000 $’000 $’000 $’000
Revenue 2,103 1,392 1,853 1,421
Gross profit 626 511 647 430
Adj. EBITDA* 248 230 295 183
* Earnings before interest, tax, depreciation and amortization (non-cash items)