• Landline:512-347-2000
  • Email:stafford@benchmarkcorporate.com

Residential Pool and Spa Construction Company

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Client CodeMIS1213
EBITDA Range under-250K
Revenue Range 1M-5M
Sector Building-and-Construction
Region Southwest-US,Southwest-US
Deal Structure Open
HeadquartersAustin, TX

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

· 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 objective
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)