Most pool service owners have no idea what their business is actually worth - until they're ready to sell and it's too late to maximize the number. Don't make that mistake.
At Bluewater Brokerage, we share, for free, our no-obligation confidential valuation and assessments for pool service owners. Whether you're ready to sell now or thinking about it in two years, have a good feel for "your number" changes everything.
Method 2 - ADE Multiple (typical for a full business) For larger companies with employees, equipment, and documented systems. Valued as a multiple of Seller's Discretionary Earnings (net profit + owner salary + add-backs).
Current market range: 2.5x - 3.5x SDE
Example: A business with $150,000 SDE is worth $375,000 - $525,000.
Two businesses with identical routes can sell at dramatically different prices -- and the different almost always comes down to financials.
Sharon Burch, the founder of Pool Service QuickBooks and poolservicesystems.com, specializes in helping sellers organize the books in a way that serious buyers and SBA lenders expect to see them. The result: a cleaner transaction and a higher sale price.
It's not about inflating numbers. It's about making sure your real numbers tell the right story.
The benefits compound. By knowing your numbers you naturally start improving them. Your business almost immediately starts to improve. As it improves, so does the valuation of the business, not to metion your self-esteem and your enjoyment of the business.
It is very possible that by taking clear financial responsibiity and control of your business, you might learn to actually love it and choose not to sell. We are happy to be part of that process too and can negotiate your listing agreement so that you win either way.