What are the current average sales and gross income for this route?
Currently this route grosses $323,838 in revenue, and nets $48,768 per year. Income documentation will be provided to all serious buyers.
How do I get paid?
You are paid through monthly recurring billing.
How much can I make?
Pool routes in general have unlimited growth potential. The better service you provide the more referrals. The yearly revenue can be increased by establishing new accounts. New accounts can be established in person, referrals by word of mouth, or by advertising, etc.
Can I finance the route?
There is no seller financing for this route, and unfortunately banks will NOT write business loans against route based businesses for several reasons. You can review additional Financing Options Here.
What are my expenses and overhead?
Expenses include, but are not limited to: chemical cost, equipment, supplies, vehicle repair expenses, fuel, bank fees, office expenses, advertising, utilities, royalties, wages, payroll taxes, fees, and insurance. The above cash flow represents the profit after an estimated $275,070 in operating cost and expenses are subtracted.
What type of insurance do I need?
Typically a single owner operator of a route distributorship will need commercial insurance for their delivery vehicle and business liability insurance. Owners with multiple employees will need a multiple vehicle policy and worker’s compensation. Routes For Sale now offers discounts on insurance! Through our size and volume, we have partnered with some of the largest insurance brokers in the nation to offer the best rates. Request Your Free Insurance Quote Here.
What type of vehicle do I need?
The current owner operates this business with the following vehicles that are included with the sale of the business: 2006 Ford Ranger (estimated value is $3,500), 2009 Ram 1500 (estimated value is $12,000), 2016 Ram 1500 (estimated value is $18,000), and 2016 Promaster Van (estimated value is $12,000). Common delivery vehicles used for this type of business are step vans, box trucks and cargo trailers. When considering an additional truck purchase, Routes For Sale recommends MAG Trucks.
What is the Gross vs the Net income?
The gross income for the route is $323,838 per year, minus your above mentioned operating expenses of $275,070, gives you $48,768 in net income or cash flow
How does the selling price of the route get determined?
To determine a pool route pricing we use a standard formula up to a 1.5 multiple of the cash flow based on sold comparable pool businesses.
Do I have to pay for additional equipment?
Yes, as the owner you are responsible for chemicals and equipment needed to service the pool route.
Why is the owner selling?
Owner is moving out of the country.
How many accounts does the route have?
There are 121 residential and commercial accounts.
Does the owner have contracts in place with customers?
Currently the owner has a service agreement in place with each customer. However as with many pool routes the customers are free to cancel at any time. To ensure retention the new buyer must understand the importance of good customer service.
How long has the seller owned the business?
The current owner has owned this business for under 3 years.
How many days a week, and what hours does the owner work?
Currently the owner works 5 days per week with weekends off. Hours and days are flexible.
What about vacation time or personal days?
As an independent business owner you are responsible for servicing the route. It is our recommendation that you hire or train someone for additional time needed off. The current owner is able to schedule vacation time without a helper by communicating with his clients ahead of time. Additionally, you can network and hire relief drivers with previous route experience at RouteReliefDrivers.com. Route Relief Drivers is a nationwide network that allows independent route distributors and vacation relief drivers to connect with each other. Each party negotiates its own terms and compensation.
What do you recommend when purchasing a business?
When purchasing this type of business we recommend forming some type of entity such as an LLC or Corporation to do business under. This not only offers protection for your personal assets, but also ensures protection of your business. If you need help forming this, we recommend that you Form A Corporation Here.
What else should I know?
Be Your Own Boss with flexible hours! Route consists of 121 accounts that are owner operated. Unlimited opportunity to grow and expand an already established turnkey business with flexible days and hours. The long cherished notion of getting a job that would provide both long term security and benefits is close to disappearing in the American workplace. It is no surprise that more people today want to do “their own thing”. Hurry this won’t last long! Priced to sell at $190,000! Contact Us About This Route Here!
How can I learn more about these type of routes?
For additional Consulting Services with one of our route specialists Request A Consultation Here.