Buying and Selling a Swimming Pool Route 101
One way to break into the swimming pool industry is to purchase a pool route. This is not like buying a business such as a fast-food restaurant or market per se and you are basically buying the income the route generates and not a physical business. I spend a week with Scott Roberts of National Pool Route Sales (NPRS) and he goes deep into what buying or selling a pool route is really all about.
The Ins and Outs of Purchasing a Pool Route with Scott Roberts of NPRS (Episode 655) https://www.buzzsprout.com/110832/8752413
What Exactly is a Pool Route and What am I buying? With Scott Roberts of NPRS (Episode 656) https://www.buzzsprout.com/110832/8752675
How Do I Get Trained When I Buy a Pool Route? With Scott Roberts of NPRS (Episode 657) https://www.buzzsprout.com/110832/8752775
Is the Pool Industry a Good Industry to Get into? With Scott Roberts of NPRS (Episode 658) https://www.buzzsprout.com/110832/8707839
Keys to Success in Owning a Pool Route with Scott Roberts of NPRS (Episode 659) https://www.buzzsprout.com/110832/8753371
You can learn more on their site: https://poolroutesales.com/
What exactly are you buying when your purchase a pool route? According to Scott Roberts, you are in all intent and purposes buying the monthly income. Just like you would if you bought a lawn service company or house cleaning company. There is no physical business unless the pool company for sale has a retail outlet which is not common. The purchase consists of pools on the service route for sale that is generating an income of some type. You are not buying a physical business then but the income of that route itself.
As Scott mentioned in the podcast NPRS does hold back money in escrow for 90 days so if you lose some accounts, not due to any errors or bad service practices, those accounts will be replaced or refunded. I am sure the guarantee is specific to situations out of your control and of course, you will have to contact NPRS for the full details. But since you are buying an income that income needs to be the same after the 90-day period. Again, this is a bit odd as you are not buying a physical business but the income from the pool route you purchase.
Is buying a pool route a good idea for you? I think there are a number of reasons that are good to purchase one. Instant income. Seller training. A tight route. A well-established business. And the list goes on. There are some downsides as well. High cost of the route. Lack of experience. Unknowns and uncertainties of getting into a new industry. And the list here can go on here as well.
The bottom line is that if you don’t think you can build up a viable pool service route within a year, buying a route may be a good option. It is up to you to do the research in your area to see which option is best for you as every service area is different. I would contact Scott directly to talk about your options.
Scott Roberts
Florida Sales Agent
National Pool Route Sales, LLC.
(561) 708-4744 (My Direct Office - no text available here)
Email: Scott@poolroutesales.com
Here is more about NPRS:
OUR SERVICES
National Pool Route Sale’s customers are supported by our ongoing marketing and management program, The Millionaire Pool Man. This free program is available to our clients through an online portal after the purchase of your route. There is where all your questions about best practices for maximizing growth and profitability are answered.
A FEW WORDS ABOUT US
Charles Baird is the Founder of National Pool Route Sales, Inc. (NPRS), a brokerage for pool service and repair companies. Mr. Baird has sold and consulted for more than 15,000 pool service companies over the past 40 years. He is the author of The Millionaire Pool Man Program which includes: The Millionaire Pool Man Management Guide and The Millionaire Pool Man Marketing Guide, both are considered the premier business tools for an individual entering the pool service and repair industry. Mr. Baird is a Licensed Real Estate Broker in multiple states.
Visit my Website: http://www.swimmingpoollearning.com/
eBook: https://www.swimmingpoollearning.com/swimming-pool-care-ebook
YouTube Video Index: http://poolmandave.blogspot.com/2014/03/swimming-pool-tips-reviews-how-to-video.html – A list of all of my videos.
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