Brisbane Business Broker Brendan Morgan has sold quite a number of Pool businesses, from franchises, independents and buying groups. There is a high demand all over Australia in this sector as it is not heavily licenced. We recently caught up with him to discuss the best way to sell a pool business.. 

Important Consideration – Income stream

Majority of buyers are focused on the income stream from a pool business.  There are different income streams – either Retail or Service (such as maintenance on parts or pool cleaning etc). 

Consistent income stream through trade is in great demand. A recent sale where there were heaps of buyer interest, the business serviced Gold Coast City Council (held a big contract) and had some of Gold Coast high rise apartments maintenance contracts on their pools.

Sale of chemicals are always attractive.  They have great margin/very profitable with minimal effort.

Structure is important

Although pool businesses come in all shapes and sizes, structure is very important.  Anything more than $1 million, should have a good staff structure, retail manager or service manager depending on what the business specialises in.  Buyers that fall in this category don’t mind investing that type of money as they do not have to be there 6 or 7 days a week.  For some buyers it is a potential lifestyle change.

Buyer Demand

This is an industry that has high demand. Brendan has sold quite a few in the past and has a lot of experience in this sector.

Do you have a pool business that you are thinking of taking to market? Click here to book a complementary consultation with a market expert.