Is Buying A Pool Route Right For You?

Nothing is more exciting than thinking about being the boss of your own business, especially in the pool service industry. You may be at this critical decision-making stage right now, trying to weigh the pros and cons of starting your pool route and becoming an entrepreneur. While you may be eager to hit the ground running as the new pool service in town, but let’s take a step back and look at the other option that may be right for you: purchasing an existing pool route.

Starting A Pool Route Service From The Ground Up

It is easy to think that starting your pool route service is primarily about quickly accumulating a bunch of accounts. However, amassing enough clients to get your business off the ground is more complex than many people understand. If your business is located in saturated markets in states like Florida or California, it can take quite some time to grow a robust list of clients organically. Since in all businesses, time is money, let’s look at another option that may be a good fit for you. 

Purchasing Existing Pool Routes

Purchasing existing pool routes is essentially the act of buying accounts or entire routes of an established pool service company. But, just like any other business deal, it is vital to know precisely what you are purchasing before you sign on the bottom line. 

Buying Pool Routes From Individuals May Be Tricky

Some people post pool routes for sale on local online job listing sites, leading to bad deals. This is not to say that all pool routes sold by individuals are inherently a bad deal, but that you are less protected as a buyer in that you are purchasing accounts blind. 

When you buy accounts or routes off of online job listings, you have no idea what you’re getting into, what conditions the pools are in, or what the customers are like. You may end up with an entire list that doesn’t pan out, and all after you’ve paid good money upfront for it. 

Buying Pool Routes From Professional Brokers

Fortunately, you have another option for purchasing pool routes, and that is using a professional pool route brokerage company. These companies specialize in selling reputable and quality pool routes broken down into residential and commercial categories. 

Pool route brokers have the critical information on existing routes that you need to make an informed decision, and they typically have pre-qualifications for the pools they sell. You also have the added benefit of having your money held in escrow to protect you, as the buyer, for some time after the sale. 

When going out on a limb and starting your own pool route business, consider all of your options before you sign on the bottom line. 

Accessories and Infrastructure In The Pool Business

What’s involved in the pool business?

You can see a lot of it in our prior blog posts, where we talk about the realities of this market and how our business works as a pool route brokerage. Hopefully you have been reading along as we chronicle what’s relevant in this service industry. But here are some more details on what pool businesses need to stay updated on as they provide these property services to their customers – and these can really make a difference in the business that your shop does day to day (week to week, month to month, etc. You get the idea.)

Rails and Steps

A good pool company understands the most modern builds for access into both the shallow and deep areas of the pool. That means understanding the best materials and safest installation for ladder rails, and how to maintain steps or other installations for ADA or disability access. In many industries, ADA compliance matters! Take a little time to read up and get conversant with this aspect of pool building and maintenance. 

Diving Boards

Pool companies also need to be aware of differing preferences and requirements for local pool owners. In many cases, diving boards have been disassembled and removed because of liability, and pool businesses should always keep that in mind. In general, it’s good to know WHY a client does or does not have a diving board installed. 

Liners

You may have heard it said that a pool is only as good as its liner, and as a professional pool company, we know that to be the case. Pool service companies will typically look at liners and even suggest repairs. We think this is also a critical component of inspecting accessories and infrastructure around these excellent property amenities.

Filters and Chemicals

Then, of course, there’s the practical aspect of keeping pools safe from a bacterial standpoint. Chemical kits, drains and filters are just part of the equation. Good pool companies also understand the difference between modern chemical pools and natural saltwater designs that are catching on in some areas.

That’s a little bit about what you typically get into in the pool business! For more, check out the rest of our blog, and be sure to ask about how we support our buyers and sellers in a diverse and quickly changing industry. We want to talk about your pool routes, and how to supercharge your business for 2022. 

Consider These Questions When Selling Your Pool Route Business

If you own a pool service route, you may be wondering when is the best time to sell your business. If you are nearing retirement or simply wish to start a new business venture selling your pool route could be a great option in the current market. Residential pools continue to be a popular addition to homes; planned communities almost always include a central swimming pool. New home construction typically includes in-ground pools as popular upgrades.

Pools are popular fixtures in residential settings, making pool service routes attractive to buyers as a reliable business investment. If you are thinking of selling your pool route, you should consider some of the frequently asked questions to determine the best time to sell.

How Much Is My Pool Route Worth?

Several factors come into play when determining the worth of your pool route business. The location of your route, number of clients, quality of equipment, and other components affect its overall value. You should have a formal business valuation conducted by reputable brokers, such as Sealy Business Brokers, to better understand your finances and maximize your business’s value. This report can give you an idea of if and when you should sell your route.

Is There A Good Time Of Year To Sell?

Pool routes can be sold any time of the year and are independent of seasonal surges. The most important thing to remember is to organize your business and get everything in order before place it on the market for sale. Think about transitions of power, training new owners, maintaining current service schedules, and other essential aspects of the business affected by the business’s sale. You may choose to time your deal with a slower time of the season to better conduct its transition for your clients and the new owner.

How Do I Sell My Pool Route?

Finding quality potential buyers on your own may prove to be a frustrating process. Since pool routes are lucrative businesses with minimal training involved, established routes don’t require much from the new owner to build a business from scratch. This type of business can appeal to first-time business owners looking for a low overhead high income-producing business model or seasoned entrepreneurs looking to add a company to their portfolio.

Professional Pool Route Brokers

Sealey Business Brokers has extensive networks and experience in finding you the best deal for the sale of your pool route business. Our brokers are experienced in the pool route industry and understand the skill of matching quality buyers to sellers. If you are interested in selling your pool route or purchasing a pool route, contact Sealey Business Brokers today.

Recession Proof Your Income with a Swimming Pool Route

With the current situation in the United States, it’s become difficult for some families to make ends meet. However, individuals who’ve added jobs in essential businesses to their household income are able to maintain a steady income stream, no matter the daily economic chaos. Adding a swimming pool route can provide your family with this type of dependable income, and has the following benefits:

Immediate Income

If your current small business is having difficulty adapting to the COVID-19 crisis, it may be time to consider a recession-proof industry. Maintenance and repair are considered essential services, so the routes offered by Sealey BB will bring in immediate income during a difficult time. In addition, you’ll have continued business throughout the recession. If you’re looking to replace lost hours, add supplemental income, or boost your current income, one of these routes may be the answer.

Dependable Cash Flow 

When you own your own pool route, you’ll earn both monthly pool service billing income and income from repairs and maintenance. This means that each month, you’ll have a fairly solid idea of what your income will amount to from your route. Instead of needing to drum up business, look for new clients, and constantly advertise yourself locally, you’ll have a steady list of clients to do business with. This contributes to your dependable cash flow, month after month.

Essential Business

As COVID-19 cases increase throughout the country, various areas open and close businesses in an effort to contain the spread of the virus. Pool routes are an essential business, so there will be work in your area no matter the infection rate. If you need a job that allows you to work as much or as little as you’d like throughout the pandemic, a pool route may be the perfect option. You can work at your own pace, choose a route that’s an appropriate size for you, and remain an essential service in your area.

Easy to Learn and Manage

Even if you’re new to the pool service industry, the work is fairly easy to learn. You’ll find that fairly quickly you can manage your clients and your route and that you’re able to complete the work during the hours that work best for you. This means that you can set a convenient schedule that works well for you and your family, allowing you to be home in the evenings and on the weekends. It’s easier than you might think to pick up a new skill, managing a customer maintenance and repair route.

Whether you take on a pool route during swim season or work a route of pools that are open throughout the year, you’re sure to enjoy the additional income. Adding a pool route to your family budget allows you immediate income that’s reliable and recession-proof, coming from an essential business. You’ll be able to learn new skills, manage your own business, and increase your family’s income, all at the same time. Contact us today to learn more about getting started.