Pinch A Penny

The Pinch A Penny Pool Patio & Spa franchise has grown to become America's largest franchised pool and spa care company. The brand's family of over 225 stores have kept swimming pools healthy and sparkling since its founding in 1975. And, unlike some franchise opportunities you may have researched, what this franchise offers is very simple. It promises a positive lifestyle change for you and your family, which can make such a difference in life. If you are looking to invest in an industry leading franchise that keeps family pools clean and offers families a positive lifestyle, the Pinch A Penny franchise could be a great opportunity for you. 

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Pinch A Penny

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Pinch A Penny Franchise Cost and Requirements for 2022

Background

With more than 10.4 million residential pools in the U.S., pools are a big business. The swimming pool industry is a booming business that is worth an estimated $15 billion. Although most in-ground pools are built as part of new residential construction, spring 2020 brought a surge in demand for pools (above-ground and in-ground) for existing houses . Even during the COVID-19 pandemic era, this was an incredible increase of double to quadruple the normal levels. As families invested time and money in home improvements and an outdoor-centered lifestyle, they spent the summer at home rather than on vacation. As the demand for pools and spas surge, interest in building and owning pools and pool construction remain at high levels. This is where the Pinch A Penny Patio & Spa franchise comes in. Founded in 1975 by Fred Thomas, the brand has grown to become America's largest franchised pool and spa care company. The brand's family of over 225 stores have kept swimming pools healthy and sparkling for decades. The brand keeps it simple by offering its customers a a positive lifestyle and a clean pool. In terms of who they're looking for to franchise with them, the brand offers veterans half off their franchise fee and are a proud member of the International Franchise Association's (IFA) VetFran program. The brand has more than 260 locations across the Southeast and Texas, and it is looking to expand across the region.  If you are looking to get your piece of the thriving pool industry and invest in a great family business, Pinch A Penny could be for you. 

Company Details

Year Founded: 1975
Franchising Since: 1976
Canada: No
International: No

Support and Training Offered By Pinch A Penny

In terms of support and training, franchisees can expect a program that includes everything from the chemistry of pools to fixing pool motors to legal issues and accounting. The brand does 10 sessions of Pool School per year. By the end of Pool School, the franchisee will earn a certified pool operator license and an advanced pool and spa service certificate. This certificate will enable you to get a contractor’s license in one year rather than the usual four years.

2022 Franchise Requirements Needed to Own a Pinch A Penny Franchise.

What does a Pinch A Penny Franchise Cost?

Pinch A Penny franchise fees for 2022:

Liquid Capital: $200,000
Net Worth: $200,000
Total Investment: $230,000 - $350,000
Veterans incentive: Half off franchise fee  

Is Pinch A Penny a Semi Absentee Franchise with a Passive Ownership Opportunity?

No. Pinch A Penny is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.

Is Pinch A Penny a Home Based franchise?

No. Pinch A Penny is not a home based franchise opportunity.

What Do Pinch A Penny Franchise Owners Make?

Click here to find out how much Pinch A Penny franchisees make. Pinch A Penny offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Does Pinch A Penny Offer a Veteran Discount?

Yes. Pinch A Penny franchise does offer a veteran discount.

Is Pinch A Penny Looking for Franchisees in Canada?

No. Pinch A Penny franchise is not looking for Canada franchisees.

Is Pinch A Penny Looking for International franchisees?

No. Pinch A Penny franchise is not looking for International franchisees.

Additional Information

Additional Categories

Retail

Number of Units Open

100+ UNITS

Cash Required

More than $250,000

Passive Franchise

No

Home Based Franchise

No

Item 19 Franchise

Yes

Veteran Discount

No

Franchise Opportunities in Canada

No

International Franchise Opportunities

No

Pinch A Penny Franchises for Sale

Click Here to inquire about existing Pinch A Penny franchises for sale. We may have Pinch A Penny franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.