How much money can you make with a pool route?
You don’t need a contractor’s license to start your pool cleaning business, but it’s better in the long term if you do get one. Before you can start operating your pool cleaning business, you’ll need a tax ID number so that your business pays state and federal taxes and general liability insurance to make sure that your business is protected from occupational hazards while you’re on the job. Several pool cleaning businesses like Blue Street Pools and Dundas Valley Pools got started by going door to door and pitching their services to customers. Lots of confusion in buying a pool route and what the actual left over money is after all the expenses.
By purchasing a pool route from a broker, you can quickly find your first customers and get your business off the ground. Economic trends, such as the overall health of the real estate market and disposable income levels, can also impact the market potential for pool routes. The great thing about going through a brokerage company is that they typically have pre-qualifications for the pools they sell. The expenses to run a pool service business should be about 20% of the monthly service billing amount.
A strong real estate market and favorable economic conditions can lead to increased pool ownership and a higher demand for pool maintenance services. The pool route business model involves the acquisition and management of a portfolio of pool maintenance accounts. There’s also money held in escrow to protect you, the buyer, as well as a warranty on the pools for (typically) three months or 90 days. When you’re getting started, you can either find your customers by yourself, on a service aggregator, or by purchasing a pool route that you can then service.
Basically, these companies have routes they list for sale on their website with a few details, like how many pools are on the route, the breakdown between residential and commercial, monthly service gross income, yearly service net income and more. OptimoRoute’s pool maintenance scheduling capabilities saved their team an hour of drive time per service technician per day, which translated to a savings of 600 hours per month. Population growth, particularly in Texas and Florida, can contribute to an increased demand for pool maintenance services. The other thing to consider when buying a pool route is whether you want to outright buy your new route or finance it.