June Green
Las Vegas, NV (USA)
Role(s):
Other
Blue Haven Pools
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Startup
Location:
Austin
Industry:
Construction
Year Founded:
1999
Number Employees:
1-10 people
Description:
The company markets and builds in-ground swimming pools. The company is currently profitable. The company currently builds about 10 pools a month with $10K profit per pool. The current franchise owner is looking to sell the franchise to us. The purchase price is $650,000. The owner agreed to take $250,000 down and pay the rest over time. Unfortunately, he has some heavy equipment and inventory on hand that will no allow him to accept a lesser down payment. We have $50,000 to invest as well. We are seeking an investment partner to purchase the business and grow it further than the current owner has allowed. The business generated 900 leads last year but only dug 125 pools. There is a large opportunity for growth through additional marketing and a willingness to do more business. The current owner lives out of town and so turns down many jobs and only takes enough to keep his profits. My husband has worked for a different franchisee for over 10 years and has the sales experience and general management necessary to grow this business to its fullest potential. There are also key employees and a separate landscaping business that are included in the transaction.