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BIZBITE
345 Boring Businesses Analyzed$2K - $5M Startup CostsUp to 85% Profit MarginsUpdated WeeklyReal Revenue DataAcquisition Multiples Tracked345 Boring Businesses Analyzed$2K - $5M Startup CostsUp to 85% Profit MarginsUpdated WeeklyReal Revenue DataAcquisition Multiples Tracked345 Boring Businesses Analyzed$2K - $5M Startup CostsUp to 85% Profit MarginsUpdated WeeklyReal Revenue DataAcquisition Multiples Tracked345 Boring Businesses Analyzed$2K - $5M Startup CostsUp to 85% Profit MarginsUpdated WeeklyReal Revenue DataAcquisition Multiples Tracked
Service
76
/100 score
Excellent

Pool Resurfacing & Replastering

Every inground pool in America needs this every 10 years — no exceptions

Inground swimming pools must be resurfaced every 8–15 years as the plaster, pebble finish, or fiberglass degrades, stains, and becomes rough and porous. A pool resurfacing job runs $8,000–$20,000 per pool depending on size and finish material. Unlike pool cleaning (low ticket, high frequency) or pool repair, resurfacing is high-ticket, low-frequency — but the US has 5.7 million inground pools, each on a decade-long resurfacing clock. Crews can complete 2–4 pools per week during peak season.

Avg Revenue

$900K

Profit Margin

38%

Acquisition Multiple

2x - 3.5x

Startup Cost

$40K - $120K

Difficulty

3/5

How It Works

Crews drain the pool, chip out old plaster or grind the fiberglass surface, apply bonding agents, then spray or hand-apply new finish material (white plaster, quartz aggregate, pebble finish, or fiberglass gelcoat). The job takes 2–5 days depending on size and finish. Materials run $2,000–$6,000 per pool; labor is 2–4 workers. Most jobs are booked 4–8 weeks out during spring/summer. Commercial pools (hotels, HOAs, municipal facilities) are the highest-ticket segment.

Revenue Range

Low End
$400K
Typical
$900K
High End
$2.0M

Real Acquisitions in This Category

SBA 7(a) change-of-ownership loans · NAICS 238990 · All Other Specialty Trade Contractors

Deals tracked
692
261 in last 24 mo
Median loan
$664K
$304K–$1.7M p25/p75
Implied deal size
$781K
median · ~85% LTV
Charge-off rate
5.1%
of loans that finished

Deal Size Distribution

<$150K
64
$150K–500K
207
$500K–1M
151
$1M–2M
123
>$2M
147

Deal Flow Over Time

Deals per year · median loan
$616K
2020
68
$550K
2021
105
$671K
2022
88
$808K
2023
98
$709K
2024
134
$595K
2025
175
$1.2M
2026
24
12-month momentum
-35.8%
deal volume vs prior 12 mo
Median loan Δ
+47.1%
102 recent · 159 prior

Financing Profile

Median rate
9.50%
21% fixed · last 24 mo
Median term
120 mo
standard 10-yr
Collateralized
98%
of loans secured
Median jobs
10
supported per deal
Top lenders in this space
Live Oak Banking Company107
The Huntington National Bank98
Old National Bank27
First Internet Bank of Indiana19
Brookline Bank, a Division of Beacon Bank and Trust18
Where deals happen
FL105
TX49
CA48
MN38
PA29
CO29
NC28
IL26
WI25
NY22
Franchise vs independent
Franchised acquisitions finance at $614K median vs $675K for independents — a -9% franchise discount. Franchises make up 9% of deals tracked.

Recent Comparable Deals

ClosedStateLoanImplied dealJobsFranchise
Dec 2025SC$3.0M$3.6M30
Dec 2025SC$500K$588K30
Dec 2025FL$5.0M$5.9M18
Dec 2025WA$1.1M$1.4M10
Dec 2025FL$150K$177K8
Dec 2025FL$891K$1.0M8
Dec 2025NV$4.0M$4.7M2
Dec 2025NV$250K$294K2
Dec 2025TX$500K$588K20
Dec 2025TX$2.9M$3.4M20
Volume rank #6/534Deal-size rank #281/534Momentum rank #194p90 loan: $2.8MData as of Dec 2025

Source: SBA 7(a) FOIA dataset, filtered to acquisitions (loans where business age is "Change of Ownership"). Implied deal size assumes an 85% loan-to-purchase ratio, a common SBA change-of-ownership structure. Charge-off rate shown only when 10+ loans have resolved (paid in full or charged off). Interest rates reflect last 24 months only. Actual deal values vary with equity injections, seller financing, and working capital terms.

Pros

  • +High average ticket — $8K–$20K per job means revenue builds quickly
  • +Non-discretionary spend — a pool that can't be used must be resurfaced
  • +5.7 million inground pools in the US means perpetual demand pipeline
  • +Commercial accounts (hotels, HOAs) provide larger contracts and repeat business

Cons

  • -Seasonal in northern climates — peak season is spring through early fall
  • -Skilled labor is the bottleneck — plasterers and finish crews are specialized and scarce
  • -High material and equipment costs; cement trucks and mixing equipment required

Best For

Contractors in warm climates (FL, AZ, TX, CA) with access to skilled labor and commercial pool relationships

Operating Costs

Largest costs are labor (4–6 workers), plaster/finish materials, and equipment (jackhammers, plastering machines, trucks). A 3-crew operation in a warm-weather market can generate $1M–$2M annually at 35–42% gross margins.

SBA Financing Estimator

Adjust the deal — see if it cash flows after debt service

+$14K/mo
after debt service
Deal price — $1.4M
Range: $1.4M (2×) to $4.0M (3.5×+)
Down payment — 15% ($203K)
SBA minimum equity injection is 10% for change-of-ownership
Interest rate — 9.50%
SBA median for this category: 9.5%
Loan term — 10 years (120 mo)
SBA median for this category: 120 months
Down payment
$203K
15% equity injection
Loan amount
$1.1M
85% SBA-financed
Monthly payment
$15K/mo
$634K total interest
Monthly profit
$29K/mo
at 38% margin
Monthly cash flow after debt service
+$14K/mo
Down payment paid back in ~15 months — strong return

Estimates only. Excludes owner compensation, capex, working capital draws, and taxes. Margin assumes average occupancy and volume. Actual SBA terms vary by lender and borrower profile.

Where to Buy

BizBuySell – Construction/Contractor

Pool resurfacing and plastering businesses for sale nationally

BizQuest – Pool Services

Pool service and specialty contractor acquisitions

APSP Industry Resources

Association of Pool & Spa Professionals — industry contacts and certification programs

76/100Excellent

Acquisition Score

Profit margin
25/30
Entry multiple
23/25
Market depth
20/20
Risk (charge-off)
7/15
Deal momentum
0/10

Scores margin (30), entry multiple (25), SBA market depth (20), category risk (15), and deal momentum (10). Higher = better acquisition candidate.

Quick Facts

Category
service
Difficulty
3/5
Buy price
$1.8M$3.1M

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