Since opening its first store in 1975, Pinch A Penny has become the largest franchised retail pool, patio and spa company. 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 250 stores strong and growing. Its also because our swimming pool expertise is something you can count on to keep your pool and spa it's healthiest and your family its happiest.
With over 240 locations across five states, Pinch A Penny customers are a large and growing customer base. Pool and spa owners have many choices when it comes to choosing a maintenance provider. Most of them, however, still choose Pinch A Penny over the competition because we consistently provide a wider range of products and services than the other guys.
Most of our customers are pool owners who live in warm climates, primarily in the Southern U.S. They own a pool and use it primarily for relaxation and to spend time with family and friends. They value their time and money, so they appreciate that Pinch A Penny offers a one-stop shop for them to purchase everything they need to keep their pool in good condition.
THE PINCH A PENNY FRANCHISE COST
A Pinch A Penny franchise cost ranges in initial investment depending on the market and individual location.
What may come as a surprise is that many of our most successful franchise owners have backgrounds that span through various industries outside of pool service, including executive management, marketing, retail, and communications just to name a few. Regardless of their backgrounds, our most successful franchise owners have one thing in common. At the heart of it all, they provide exceptional customer service. So while a background in the pool business may seem necessary, it’s certainly not required. Pinch A Penny can teach you the pool business; you just need to have the desire and passion to provide an exceptional pool care experience for your customers.
The pool industry is a rapidly growing market that's worth an estimated $15 billion. With only about one-third of residential pool owners in the U.S. using a dedicated pool service company, there is an enormous opportunity for growth – especially in Southern locations where the warm climate makes it possible to use a residential pool year-round.
Our franchisees see strong annual sales, with an Average Unit Volume (AUV) of over $1.2 million.* While we don't disclose Pinch A Penny franchise profit numbers, you can speak to our development manager and start the process of becoming a Pinch A Penny franchisee. Once you've spoken with our development team and filled out some initial information, we'll review financial statements and performance representations with you in our Franchise Disclosure Document.
One of the hallmarks of running one of the best franchise business opportunities is offering a comprehensive training and support program to help prepare new franchisees even before they set foot in their new store.
At Pinch A Penny, we believe that the community we've built through being a family-owned company extends to our training and support processes.
New franchisees start by spending four weeks at our Clearwater, Florida headquarters where they attend classes and learn the ins and outs of operating a Pinch A Penny franchise – from the technical details of maintaining a pool to inventory management and operational support.
During this time, you'll also spend time in some of our retail stores, becoming familiar with the day-to-day operations.
Once a store is open, we offer on-site help during your grand opening and have continuing education opportunities throughout the year to make sure that you've got all the tools you need to operate and grow your Pinch A Penny business.