About Pinch A Penny Pool Patio Spa
Pinch A Penny’s direction is quite simple. We strive to be unrivaled in providing value, quality, and service to our customers. That’s why we’re now over 260 stores strong and growing. It’s also because our swimming pool expertise is something you can count on to keep your pool and spa its healthiest and your family its happiest.
In fact, Pinch A Penny stores are all staffed with fully-trained experts. We have more Certified Pool Operators than any other company and our continuing education programs are unparalleled. Why trust your swimming pool or spa to anyone else? Only Pinch A Penny gives you the answers, tools, and products you need to make your pool care routine go swimmingly.
Since opening its first store in 1975, Pinch A Penny has become the largest franchised retail pool, patio and spa company. A family-owned business, Pinch A Penny began with the Thomas family opening a discount store within an industrial park in Clearwater, Florida. This first store evolved into a full-time, full-service retail pool supply store offering everything needed to operate and enjoy a swimming pool or spa. Pinch A Penny carries a wide variety of products such as chemicals, equipment, patio furniture, giftware, toys and floats.
Pinch A Penny began issuing franchises in 1976, always promoting its “family-owned” culture. Today, Pinch A Penny provides virtually every product needed to help you enjoy a pool or spa to its fullest.
WHY FRANCHISE WITH PINCH A PENNY?
-IT’S A GREAT BUSINESS OPPORTUNITY RIGHT IN YOUR BACKYARD
-RELY ON OUR INDUSTRY EXPERIENCE AND EXPERTISE – You don’t need to be a pool and spa expert in order to franchise with us—in fact you don’t even need to know how to swim. We provide all the training and tools you need to succeed.
-45+ YEARS OF A PROVEN BUSINESS MODEL – As the nation’s largest swimming pool retail, service, and repair franchise, we’ve developed a dominant presence in a booming backyard-focused industry that’s led to strong average unit sales of more than $1.3 million*.
-ENDLESS REVENUE OPPORTUNITIES – There are multiple revenue streams from retail, pool cleaning, and several backyard services for our franchises year-round. When the temps drop, cleaning service and hot tub needs rise. And whatever the weather, the do-it-yourselfers are routinely coming in-store for additional expertise and new products.
-A CONSTANT STREAM OF LOYAL CUSTOMERS – Owning a pool or spa requires regular treatment and maintenance. Our expert advice and services, such as routine water testing, coupled with our huge selection of proprietary and specialized products, attract customers and keep them coming back.
-FAMILY-CENTRIC VALUES WITH UNPARALLELED SUPPORT – We take a family approach to our business and that includes how we treat our Franchise Owners. You can be confident you will have all the necessary resources to carry on our tradition of quality, reliability and expertise in a fun, family-oriented atmosphere.
-BE A POOL EXPERT BEFORE YOU KNOW IT – Ongoing training is always in place for Franchise Owners and their employees, but prior to a store opening, our Franchise Owners complete an in-depth phase of education that takes place in our classroom, online, from the backyard, and in the store, and results in:
-Pool & Spa Operator (CPO®) Certification** — the world’s leading verifiable pool and spa training credential
-Advanced Service Technician (AST®) Certification
-A diploma from the exclusive Pinch A Penny ‘Pool School of Graduates.’
John Thomas, President & CEO
1976 (45 years)
Total Number of Units
257 (as of 2020)
Part-Time / Full-Time
How Much Does It Cost To Open A Pinch A Penny Pool Patio Spa Franchise?
There are several costs associated with opening a Pinch A Penny Pool Patio Spa franchise. There is typically a franchise fee set by the franchisor, which covers the costs of opening a franchise location. Some other commons fees include equipment fees, marketing fees, licensing fees, insurance, and taxes, to name a few.
Some franchises may have a weekly fee that the franchisee pays for operating a Pinch A Penny Pool Patio Spa franchise. The weekly fee for opening a Pinch A Penny Pool Patio Spa franchise is not specified.
The full breakdown of these fees can be found in the Financial Disclosure Document (FDD) provided to franchisees by the franchisor. The FDD report will contain additional information such as whether the franchise is renewable (Pinch A Penny Pool Patio Spa Is Renewable) and does the franchise offer financing support (Pinch A Penny Pool Patio Spa Pinch A Penny Pool Patio Spa has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll).
Pinch A Penny Pool Patio Spa Company Details
Here are some additional details about Pinch A Penny Pool Patio Spa.
|Net Worth Requirement||$350,000|
|Veteran Incentives||50% off franchise fee|
|Cash Requirement||$50,000 - $150,000|
|Term of Agreement||10 years|
|Run from Home||No|
Training and Support Offered By Pinch A Penny Pool Patio Spa
Pinch A Penny Pool Patio Spa offers several support options to its franchisees. With 257 (as of 2020) units, Pinch A Penny Pool Patio Spa aims to provide support to each franchise owner to help them operate a successful franchise location. Pinch A Penny Pool Patio Spa offers 34-100 hours on the job training, 51-142 hours classroom training, and No additional training.
Training and Support Offered
Here are the support options offered by Pinch A Penny Pool Patio Spa.
|On-The-Job Training||34-100 hours|
|Classroom Training||51-142 hours|
Is Pinch A Penny Pool Patio Spa Right For You?
Pinch A Penny Pool Patio Spa has gone digital! Here are all of the ways you can find Pinch A Penny Pool Patio Spa online. Oftentimes, you can reach out to current franchisees of Pinch A Penny Pool Patio Spa online. Current franchisees may be able to offer personalized insights into what it is like owning a Pinch A Penny Pool Patio Spa franchise and offer tips to running a successful Pinch A Penny Pool Patio Spa franchise location.
Why Should You Start a Pinch A Penny Pool Patio Spa Franchise?
Investing in a Cleaning franchise such as Pinch A Penny Pool Patio Spa can kickstart your franchise portfolio. Our goal at Why Franchise is to provide you with the resources needed to be a successful franchise owner. Fill out the form below to get more information about Pinch A Penny Pool Patio Spa franchise and we'll be in touch soon!