How To Decide If You Should Sell A Pool Route
Posted: Dec 17, 2015
Pool routes are constantly being bought and sold. To someone on the outside, it might appear to be an unsteady business. In reality, areas like Southern California have a lot of residential and commercial swimming pools that require regular upkeep, maintenance and repairs. As a result, there are a lot of pool routes of varying sizes and which generate different ranges of income. Some people start out buying a single pool route and then add additional routes to build their business going forward. As they go through different phases of their lives, buying or selling one or more routes may be the best choice. There are basically three reasons that owners sell a pool route:
Too Many Accounts
The more accounts an owner has, the more potential income they can generate. However, the demands of a route may grow over time. Once they are investing more of their time than they want or can devote to their accounts, they may decide to minimize them by selling off one or more routes to free up their time.
Even the most successful business owner will be prepared to retire and leave their business behind at some point in their life. Many will make the choice to sell their pool route as they near retirement age so they can put some extra money in the bank for their retirement and let someone else take over their responsibilities to their accounts.
Moving On to a Different Interest
Sometimes pool routes owners no longer need the income that they get from their route or they may become interested in a different business opportunity. They may choose to sell a pool route to free up their time and to provide them with the income they need to invest in their new business venture.
If either of these reasons has you considering whether it is time to let go of your pool route, it may be the right time. If you do choose to sell, be sure to contact a reliable pool broker to help you get the best price for your pool route. Fortunately, there is no bad time when you can expect to get less for your pool route. It will also bring approximately the same amount regardless of whether you have owned it for one year or for twenty. The only thing that will change the value is how successful it has been and the gross income that you are receiving. If you need the money you invested into your business for any reason, it is always a good time to sell your pool route.
The right time to sell a pool route is the time when you no longer have the need or desire to handle your accounts. In other words, the decision depends on where you are in your life and where you want to go in the near future. It is always a "buyers’ market." Just get the professional help from a reputable pool route broker to help you with the process every step of the way!
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