How to Start a Community Pool Business
If you spent every May as a child waiting for the summer break from school to start, you probably started marking off the calendar around May 1st, anxiously waiting for opening day at the community pool. You spent countless hours with friends, perfecting your cannon ball and back flip off the diving board. The first public pool in the United States was built in 1887, and by the 1920's there were thousands of pools in communities around the country. Today there are almost 10.5 million residential pools and more than 300,000 public swimming pools in the US.
Business Overview …show more content…
Keep your equipment in excellent condition, and have backup parts for essentials like vacuums, pumps and filters.
Growing Your Business
How to promote and market a community pool business
Word of mouth will always be the best way to grow your business. Give every customer your very best and don't be hesitant to ask happy customers to post online reviews on social media and business directories. A successful launch includes free and paid advertising. Many local newspapers promote grand openings at no charge. Consider ads on radio and in newspapers. Door hangers and mailers are great ways to spread the news you are opening your business. Remember to use social media and your business website to announce discounts and special pricing for new customers.
How to attract and retain customers
Make customer service your primary goal. Building long-term relationships depends on making sure every customer engagement is a positive experience.
How and when to build a …show more content…
Ongoing expenses typically cover things like salaries, concession inventory, operating supplies, uniforms, utilities, insurance and mortgage payments. Every community pool will have unique operating expenses; however here are a few estimates.
Operating expenses for supplies, chemicals and an outside service contract on an 80,000 gallon pool in the Midwest typical run around $250/day.
Liability insurance protects swimming pool operators against loss associated with drowning or injury. Commercial policies with a $1 million per incident cap cost between $500 and $2000 per year. Prices may go up or down based on the type of safety features you deploy, staff training and other factors.
Concession supplies for a large community pool that is open 12 hours per day average about $6500 for the season.
You'll like finance all or part of your pool project, and you should budget for property insurance and mortgage payments. Currently mortgage rates range from 4.75% to 6.75%. On a $3 million dollar loan, 20-year fixed loan the payments will be between $19387.00 and $22,811, with