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Purchase this profitable Pool Solar Heating company in the SF East Bay

Contra Costa County, CA

Seller Financing Available

Installation
Sale Pending
Asking Price:$595,000
Gross Revenue:$657,000
Rent:$1,300/Month
Established Year:1981
Cash Flow:$271,000
Inventory:$80,490
FF&E:$76,099
Listing ID: 2265509Listing provided by BizBuySell
BUSINESS DESCRIPTION

Purchase this profitable and consistent Pool Solar Heating sales, installation, and service company located in the East Bay Area. The business is known for:

• Consistent growth of revenue and profits.
• Highly established founded in 1981.
• Exclusive territory with the leading pool solar manufacturer.
• Very specialized products and service serving only the pool solar heating industry.
• An established off-season Winterization/Spring Start Up program to generate revenue.
• Well-known and respected in the communities they serve with long-term repeat business.
• Loyal, knowledgeable, highly experienced and trained staff.
• A reputation for superior customer service.
• Opportunity for growth with promotion and advertising.
• Opportunity to take advantage of upcoming California regulations around Title 24 requiring new pool installations to use solar.
• Seller is looking to retire.

Pre-Approved by an SBA lender!

DETAILED INFORMATION
Location
Contra Costa County, CA
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,500
Lease Expiration
30/11/2025
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The business is in a 1500 square foot warehouse style industrial building. Their current lease is $1300 per month and is good through November 2025. The sale would be conditioned upon an acceptable new lease between the Buyer and the landlord.
Competition
The company’s three major competitors are also doing Photo Voltaic Solar as well as solar pool heating. Their pool offerings are of inferior quality and their service is poor (as reported to the seller by their clients). Seller believes they are the best pool solar company in their marketplace.
Growth & Expansion
The company has great potential to grow with new leadership and the expansion of personnel. Marketing opportunities exist including participation in Home & Garden Shows, attending monthly International Pool and Spa Association (IPSSA) meetings, implementing direct mail programs, implementing digital marketing campaigns, and nourishing pool industry leaders. Additionally, Title 24 is going into effect in 2025. These standards will require solar pool heaters for new swimming pools.
Financing
Seller has obtained a Pre-Approval from an SBA lender.
Support & Training
The seller is offering a total of 80 hours of training to the buyer without charge. The seller currently is licensed by the CSLB with C46 Solar Contractors License. He is willing to work with a buyer while the required licensing is put into place. For more information on this, please speak with the listing broker.
Reason for Selling
Retirement
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Ron
Schwab
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Ron Schwab
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