Start a New Career (cont'd)

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Once the buyer has met with the seller and reviewed and approved of all pertinent records, the next step is to open an escrow. To open escrow the buyer will deposit $500.00 in good funds as part of the purchase price.

Once escrow receives the list of accounts containing: the name, address, billing amount and phone number of each customer, and once all of the funds to purchase are deposited into escrow, escrow holder then makes the necessary phone calls to the customers for verification. Once the account verification has been completed, escrow is then ready to close. At the close of escrow, ninety (90) percent of the purchase price is released to the Seller, and ten (10) percent of the purchase price is held in escrow for the ninety (90) day guarantee transfer period. The Buyer is given possession of the pool accounts at the close of escrow. The Buyers training period begins at the close of escrow. The Buyer receives all income derived from the accounts during the training period. The customers are notified of the transfer once the Buyer has become acclimated, usually within the first thirty (30) days.

It is important to make sure all of your questions are answered prior to meeting with the Seller. It is important to make sure you have discussed the purchase with all relevant parties, prior to meeting with the Seller. You should be ready to make a decision regarding the purchase of a route prior to meeting with the Seller. If you are not ready to move into the pool business, a meeting with the Seller is premature.

There will be no pressure on you, at anytime, to purchase the pool accounts. However, please be sure this is something you really would like to do prior to meeting with the Seller.

I have been selling pool routes for over 30 years. I look forward to using this experience in assisting you to make the right decision regarding your purchase. Let's work together to assure a successful future for you and your family. If you have any questions, please contact me at 877-766-5757.

THE FOREGOING INFORMATION IS OPINION ONLY. YOU SHOULD ALWAYS CHECK WITH A LICENSED BUSINESS CONSULTANT BEFORE ACTING ON ANY OF THE PREVIOUS INFORMATION. THIS WEB PAGE WILL NOT BE RESPONSIBLE OR LIABLE FOR ANY LOSS INCURRED BY ANYONE PURCHASING A POOL ROUTE THROUGH THIS WEB PAGE OR ANYONE ACTING UPON ANY OF THE FOREGOING INFORMATION

Sincerely,

Charles Baird

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