How to Start Your Own Pool: A Beginner's Business Plan

Audio Seminars & Business Podcasts Advertising Business Ideas 14.11.2014  0 101 0
How to Start Your Own Pool: A Beginner's Business Plan

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Is there a pool in your city? If not, or if it doesn't meet today's standards, you could fill a sporting niche and make money from it.

Does that sound interesting? Check out a sample business plan for opening a pool.

Where to Begin?

First, you'll need to do some analysis in your city/neighborhood. Get to know potential customers and, of course, your competitors. You need to find out the potential audience. How do existing pools attract customers? What are the prices there? What are the advantages and unique features? Make sure the business is profitable and worth investing in. Second, you need to clearly understand the benefits of regular pool activities and be ready to convey this idea to your target audience.

Bureaucracy and Documents

You can't avoid it – to start a business, you'll have to spend time and resources gathering and preparing the necessary documents.

To open your own pool, you'll need:

  • Approval from the architecture and urban planning committee (requires submitting an application in advance)
  • Contracts with organizations supplying water, electricity, and heat.

Wide Range of Opportunities

Decide on the services you will offer your clients. To attract as many visitors as possible, try to expand the range of activities as much as possible.

Don't limit yourself to swim lanes only – remember, there are also those who want to learn to swim. Organize special lessons for them under the guidance of a coach.

Why not also equip a gym? Adults who care about their health visit pools, as well as those looking to lose weight or tone their bodies.

Having a "cafe zone" is considered a good practice. It's a great way for you to earn extra income, with a small cafe where visitors can enjoy tasty and healthy dishes.

Over time, you may have clients interested in services like massage, tanning, sauna, and more. Don't stay stagnant – offer consumers more than others. Combine usefulness with pleasure.

Job Openings

Once you've defined your service portfolio, you'll need to hire the necessary staff to run the pool.

You'll need to recruit specialized staff and administrative personnel. Who will you be looking for:

  • Manager (if you don't plan to take that role yourself)
  • Accountant responsible for financial matters, accounting reports, and tax payments
  • Administrators who create comfortable conditions for visitors
  • Technicians to maintain the pool, monitor water quality, and check equipment
  • Cleaners
  • Swim coach

It's also recommended to have medical personnel available to provide first aid when needed.

As your business grows, you may need a bartender, chef, masseuse, beautician, etc.

Equipment

Prior to opening a pool, familiarize yourself with modern trends in the industry. Look at competitors' businesses and study industry leaders' practices. What equipment do modern pools use? To create comfortable and safe conditions for visitors, you'll need:

  • Water filtration systems
  • Heating systems
  • Lanes and starting blocks

Pool in Numbers

What numbers should you consider when opening your own pool? This business requires substantial investment, with full recovery typically taking 3-5 years.

Costs for setting up a medium-sized pool and buying equipment are around 220,000 euros. This includes buying and installing the pool basin (from €10,000), installing filtration and heating systems, showers, locker room fittings, pool finishing, etc.

Monthly expenses include utility bills, staff salaries, and marketing/advertising costs – figures will vary in each case. Financial forecasting is done after market analysis.

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