A First-time Buyer’s Guide to Buying a Pool Business in Florida

Are you interested in buying a swimming pool business for sale in Florida? Here’s a beginner’s guide to things you need to know first!

A First-time Buyer’s Guide to Buying a Pool Business in Florida

Florida isn’t called the Sunshine State for nothing! The pool & spa industry in the state is fully thriving and poses a great opportunity for investments.

If you’re interested in buying or selling a pool & spa business in Florida, there’s no better resource to help you do it than the Business Exchange of Florida. We are a highly successful business and real estate brokerage firm that provides the most convenient and direct resources for the buying and selling of businesses across the state. We’ve helped a range of small to multi-million dollar businesses get their footing in their respective industries.

You can get in touch with us for more information through our site, email, or call at (561) 602-2519.

Are you interested in buying a swimming pool business for sale in Florida? Here’s a beginner’s guide to things you need to know first!

The pandemic rendered everyone in the Sunshine State isolated between the four walls of their home. With the pity of not enjoying the warm summers that grace the state every year came the surge in residential pool sales. When people can’t go swimming outside, their only option is to buy pools for their homes.

Florida is no stranger to the highly in-demand swimming pool industry. Being the second-largest pool-loving state in the nation has enabled the industry to witness massive growth even as the economy crashes around it. Swimming pools worth more than $144 million were permitted for construction during April 2021—making up for around 2,850 new swimming pools built around the state.

Keeping these optimistic prospects in mind, it’s easy to understand why the idea of buying a pool & spa business for sale in Florida would be such an appealing business opportunity for many. If you find yourself gravitating towards the prospect, here is a comprehensive guide to help you understand what buying a pool business for sale in Florida is all about.

Different Aspects of a Pool Business

Before you can even buy a swimming pool business for sale in Florida, you need to understand the different aspects a swimming pool business can have. There’s a lot that goes into buying and successfully operating a pool business. So, here are the major aspects you need to familiarize yourself with.

Are you interested in buying a swimming pool business for sale in Florida? Here’s a beginner’s guide to things you need to know first!

Swimming Pool Construction and Installation

Depending on the type of swimming pool business you’re buying and operating, a part of your job may be the construction of pools.

When it comes to pool construction on-site, you need a license before you can start with any work. Once the relevant license is acquired, you will begin designing a rough layout of what your client wants the pool to look like. Then, you’ll be excavating the designated space for installation. Next, all the structural components (steel structure building, wiring, coping, decking, etc.) will be taken care of. Once the pool is built and installed, you’ll start working on the interior and finish off the design.

Repair

Swimming pool repair involves all the tough work. Clients might contact you to renovate worn-out swimming pools or perform repairs, such as replacing equipment, re-wiring electrical and gas lines, polishing interiors, installing pool heaters, or any other structural issue.

Maintenance

In terms of maintenance, clients may contact your swimming pool business for any kind of service, ranging from cleaning up a pool abandoned over a vacation or simply buying pool cleaning supplies and chemicals.

Most regular people do not have sufficient knowledge of the appropriate chemicals to use for their pool. This is where pool maintenance service contractors come into play. Buying a pool service business for sale in Florida will require you to have in-depth knowledge of cleaning chemicals used in pools and their purposes.

Are you interested in buying a swimming pool business for sale in Florida? Here’s a beginner’s guide to things you need to know first!

Pool Business Licenses

For those entirely new to the industry, it’s important to understand first and foremost what options you even have. When it comes to pool & spa businesses, there are three main facets you can aim to buy or sell a business for. These are commercial pool sales, residential pool sales, and swimming pool services.

Class A: Commercial Pool Contractor

In the commercial side of the pool business, you essentially work as a contractor who engages in the construction, sales, repair, and service of swimming pools on large public and private individual levels. In order to buy a commercial pool & spa business in Florida and operate as a commercial contractor, you will need a commercial license issued by the Florida Swimming Pool Association (FSPA).

Class B: Residential Pool Contractor

The Class B of pool businesses in Florida consists of the residential side of things. As a residential pool contractor, you engage in the construction and repair of swimming pools. The license required to buy and operate a residential pool business in Florida is more limited in scope than the commercial license. This is because the residential license only permits residential pool construction and major repairs.

Class C: Swimming Pool Services

If you’re not interested in buying a pool construction business for sale but only in providing repair, maintenance, and related services for swimming pools in Florida—then the Class C Swimming Pool Servicing contractor is the business for you. The license required for this line of work is Florida’s most limited swimming pool business license since it does not permit you to construct a pool, only service an already-built one.

All in all, buying a swimming pool business for sale in the Sunshine State is a complex yet highly lucrative opportunity — especially at a time like this, when the industry is witnessing growing trends despite a global pandemic.