Buying a pool route business can be a complex process but with the right education and preparation,
anyone with or without previous service experience can successfully navigate this endeavor.
Here are some steps and considerations to help guide you through the process:
1. Research the pool service industry: Before buying a pool route business, it’s important to understand the industry and market trends. You can read industry publications, attend trade shows, and talk to other pool service business owners to get a better sense of the industry-this
will give you a better understanding of what to expect.
2. Determine your budget: You should have a clear understanding of your financial situation and how much you are willing to invest in the pool route business. You may need to secure financing, so it’s important to run some numbers or talk with your family and financial
advisors to determine how much you can afford to spend.
3. Look for pool route businesses for sale: You can find pool route businesses for sale through online marketplaces or trusted business brokers such as National Pool Route Sales. Look for companies that match your budget and are in locations you’re interested in
4. Conduct due diligence: Before committing to a specific pool route, it’s important to conduct due diligence to make sure the accounts are sound and can be effectively transferred to you the buyer. This can include reviewing service history, length of service, and the number of
accounts you’re able to take on.
5. Pursuing the sale: Once you’ve found a pool route business that generally fits your needs, find out if there is an opportunity to make adjustments. Maybe the business is looking to sell 100 accounts but you only want half of them. Some business owners are willing to split the
business and sell just a part of their book of business. Working with a business broker can help you ensure that the terms of the sale are fair and reasonable.
6. Close the deal: After you’ve secured the sale and reached an agreement, you’ll need to close the deal. This involves signing the necessary paperwork, transferring ownership, and making the necessary payments. Some business brokers have agents and an escrow team to
help plan, structure, and process the transaction to make the sale as seamless as possible.
7. Start operating the business: Once the deal is closed, it’s time to start training for the operations of your business. In addition to the training and transitioning some business brokers require sellers to provide for a smooth transition, there are other additional training and
certifications available to you. A training recommended to be taken right away is a Certified Pool Operator (CPO) certification, while a valuable certification on its own but also required in many areas to service commercial pools.
Call our NPRS office to speak with an Agent today, at 877-766-5757 or submit your Buyer inquiry here.