Start a Pinspiration Franchise in 2024

Franchise 500 Rank: N/R Not ranked last year

Initial investment: $111K - $230K

Units as of 2023: 36 140.0% over 3 years

In an age where we get inspired by art and DIY ideas all over the internet, Pinspiration may offer the perfect opportunity to try them out in real life. Pinspiration is dedicated to helping people accomplish their artistic goals, one canvas at a time.

Founded in 2015 by Brooke Roe, the inspiration for Pinspiration was the need to finish projects found on craft-based websites like Pinterest. With a studio, high-quality tools, and art supplies, Pinspiration brings together art lovers who get to create their masterpieces on the spot.

Customers may love Pinspiration for its ever-changing monthly project menus, themed wine, beer, and party rooms. Pinspiration, then, may be the place to create, find inspiration, and make great memories that enrich customers’ lives.

Since beginning to franchise in 2018, Pinspiration has opened over two dozen franchises and is actively seeking to expand even further.

Why You May Want To Start a Pinspiration Franchise

If you believe that inspiration is contagious and the right environment can help people explore their artistic side, then a Pinspiration franchise might be the perfect opportunity for you. With technology dominating our lives in today’s age, creating real-life experiences and art could be a beautiful mission to pursue.

Pinspiration franchisees help customers work on DIY crafts and arts from their favorite social media sites. A perfect franchisee candidate has a passion for crafts and loves mixing and mingling with community members. With opportunities for expansion and available protected territories for franchisees, Pinspiration is ready for newcomers.

What Might Make a Pinspiration Franchise a Good Choice?

Pinspiration may be unique because it offers people of all ages the opportunity to create art together. With a Kid’s Boho Party, Splatter Party, and a Choose-Your-Own Party option, Pinspiration welcomes all who love beauty.

A franchisee would be responsible for creating space, tools, and equipment for customers to work with. Having an upbeat personality that encourages others to unleash their creativity and work towards self-improvement creates an environment that’s truly Pinspirational.

To be part of the Pinspiration team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising fees and royalty fees. Franchisees will also need to meet the company’s set net worth and liquid capital requirements.

How To Open a Pinspiration Franchise

Choosing a Pinspiration franchise sets you up to work under a proven system, provides access to startup and ongoing training, as well as nationwide marketing. Pinspiration is keen on providing franchisees with everything they need to run a location efficiently.

As you decide if opening a Pinspiration franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a Pinspiration franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.

Opening a Pinspiration franchise may offer a more predictable outcome than investing in a completely new brand that could struggle to thrive in an already crowded and competitive industry.

Company Overview

About Pinspiration

Industry	Recreation
Related Categories	DIY/Paint-&-Sip Studios, Miscellaneous Recreation Businesses, Miscellaneous Services
Founded	2015
Parent Company	Pinspiration Franchise Group LLC
Leadership	Scott Jewett, CEO
Corporate Address	2234 N. Federal Hwy., #1083 Boca Raton, FL 33431
Social	Facebook, Twitter, Instagram, Pinterest

Business Overview

Franchising Since	2018 (6 years)
# of employees at HQ	7
Where seeking	This company is offering new franchises in the following US states: Alabama, Arkansas, Arizona, Colorado, Florida, Georgia, Idaho, Louisiana, Michigan, North Carolina, New Jersey, Nevada, Pennsylvania, South Carolina, Tennessee, Texas, Utah This company is offering new franchises in the following international regions: Australia/New Zealand, Europe (Eastern), Canada, Mexico
# of Units	36 (as of 2023)

Information for Franchisees

Here's what you need to know if you're interested in opening a Pinspiration franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Definition: The initial fee paid to a franchisor to join their system What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.	$33,000
Initial Investment Definition: The total amount necessary to begin operation of the franchise What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.	$110,900 - $229,500
Net Worth Requirement Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.	$200,000
Cash Requirement Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.	$50,000
Veteran Incentives Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.	$3,000 off franchise fee
Royalty Fee Definition: A ongoing fee paid to the franchisor on a regular basis. What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.	8%
Ad Royalty Fee Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts. What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.	2%
Term of Agreement Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.	10 years
Is franchise term renewable?	Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing	Pinspiration has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training	8-32 hours
Classroom Training	10-40 hours
Ongoing Support	Purchasing Co-ops Newsletter Meetings & Conventions Grand Opening Online Support Security & Safety Procedures Lease Negotiation Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing Support	Co-op Advertising Ad Templates National Media Regional Advertising Social Media SEO Website Development Email Marketing Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?	No
Can this franchise be run from home/mobile unit? Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.	Yes
Can this franchise be run part time? Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.	Yes
# of employees required to run	7
Are exclusive territories available? Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened. What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.	Yes