Find out what franchise is right for you
2021 Franchise 500 Rank
#254 Ranked #150 last year
See the Full List
Initial investment
$290K - $411K
Units as of 2021
260 5.7% over 3 years

Company Overview

About Pinch A Penny Pool Patio Spa

Industry
Maintenance
Founded
1974
Leadership
John Thomas, President & CEO

Franchising Overview

Franchising Since
1976 (45 years)
# of employees at HQ
300
# of Units
260 (as of 2021)

Franchisor Information

Corporate Address
6385 150th Ave. North
Clearwater, FL 33760

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Pinch A Penny Pool Patio Spa 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
$50,000
Initial Investment
$290,375 - $411,200
Net Worth Requirement
$350,000
Cash Requirement
$70,000 - $150,000
Veteran Incentives
50% off franchise fee
Royalty Fee
6%
Ad Royalty Fee
4%
Term of Agreement
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.

In-House Financing
Pinch A Penny Pool Patio Spa offers in-house financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll
Third Party Financing
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

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
60-100 hours
Classroom Training
60-100 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
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?
No
Can this franchise be run part time?
No
Are exclusive territories available?
Yes

Franchise 500 Ranking History

Compare where Pinch A Penny Pool Patio Spa landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where Pinch A Penny Pool Patio Spa ranked on other franchise lists? Find out below.

Ranked #254

Franchise 500 Ranking

Want to stay updated on the latest franchise news?

Never miss a beat when you sign up to receive our newsletter.

We care about the protection of your data. Read our Privacy Policy

Related Franchises

Are you eager to see what else is out there? Browse more franchises that are similar to Pinch A Penny Pool Patio Spa.

Iris Environmental Laboratories

Iris Environmental Laboratories

Asbestos and mold inspections and testing
Mr. Appliance

Mr. Appliance

Residential and commercial appliance installation and repairs

Related Franchise Content

Catch up on the latest franchise news, trends, and more.

Beware of This Type of Entrepreneur When Franchising

In franchise sales, finding candidates with entrepreneurial spirit is desirable, but beware of the entrepreneur who wants to break all the rules.

Mark Siebert

The Hottest Franchise Categories of 2022

These are the types of franchises that show the greatest potential for success in the year ahead.

Pizza del Perro Negro, ready to multiply under the franchise model

The brand seeks to grow under the franchise model. These will be the estimated costs and the investment payback time.

Alto Nivel

How You Can Leverage the Power of a Franchise Network

This piece explores why entrepreneurs have several reasons to consider the opportunities of franchise ownership and how you can leverage the power of a franchise network.

Ben Richmond

He worked in a maquiladora in Ciudad Juárez for 10 years. This is how he forged a new path with a franchise

In the framework of the International Day of the Entrepreneurial Woman, Araceli Meraz, who for more than 10 years decided to undertake through a franchise, shares her story with us.

Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021