1851

LAST UPDATED: September 2023FRANCHISE WEBSITE:&nbsp;<a href="https://pinchapennypoolfranchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-pinch-a-pennys-franchise-costs-fees-profit-and-data-2723669" target="_blank" rel="nofollow">https://pinchapennypoolfranchise.com/</a>&nbsp;NUMBER OF LOCATIONS:&nbsp;280+&nbsp;&nbsp;REPORTED COST TO GET IN:&nbsp;$471,425 to $745,200REPORTED ROI (Item 19):&nbsp;$2 million (average store revenue)&nbsp;<a href="https://pinchapennypoolfranchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-pinch-a-pennys-franchise-costs-fees-profit-and-data-2723669" target="_blank" rel="nofollow">Pinch A Penny Pool Patio Spa</a> is a franchise of retail stores that specializes in swimming pool and spa supplies, equipment, and services. The franchise is known for offering a wide range of products related to pool maintenance, including chemicals, pool toys and cleaning equipment.<h3>How Many Pinch A Penny Locations Are There?</h3>Pinch A Penny was founded in 1975, and has grown to become one of the largest franchised pool supply and service companies in the United States. By the end of 1976, nine families — all customers who loved the first store — opened their own Pinch A Penny stores. And for the next 15 years, the franchise grew to include about 90 locations throughout Florida. Today, there are over 280 locations around Florida, Alabama, Georgia, Louisiana and Texas. Pinch A Penny is currently seeking new franchise owners in Texas and throughout the Southeast.<h3>What Is The Pinch A Penny Business Model?</h3>Pinch A Penny stores offer best-in-class pool cleaning service, equipment installation and repairs. Additionally, many locations offer a full suite of pool and home improvement services, including pool renovations, pool surface refresh and stain treatment, pool leak detection and repair, and pressure washing service.The business model is built on four key principles:&nbsp;<ul><li>Multiple Streams of Revenue:&nbsp;Pinch A Penny’s proven, turnkey business model includes a powerful combination of retail, pool cleaning and an array of backyard services.</li><li>Turnkey Business Model:&nbsp;The franchise aids owners with everything from site location to lease negotiation, construction of each store and marketing.&nbsp;</li><li>Industry-Leading Expertise: Pinch A Penny’s training program will teach franchisees what they need to know to help pool owners with everything from keeping chemicals in balance to leak detection to choosing the right heater.&nbsp;</li><li>Year-Round Business:&nbsp;Because people need to maintain pools all year long, Pinch A Penny locations stay busy year-round, not just during the summer. Additionally, backyard services also bring in a lot of business in the cooler months.</li></ul><h3>How Much Can Pinch A Penny Franchise Owners Make?</h3>The annual average store revenue of a Pinch A Penny location is $2 million, for the year ending December 31, 2022.&nbsp;<h3>How Much Does It Cost To Open a Pinch A Penny?</h3>The total estimated initial investment, including franchise fee, ranges from $471,425 to $745,200. However, Pinch A Penny franchise startup costs depend on the market and individual location. Notably, Pinch A Penny will finance up to 80% of the cost for qualified franchisees.&nbsp;Potential Franchise Owners must also meet the minimum liquidity requirements of $150K and have a net worth of no less than $350K.&nbsp;<h3>What Is the Franchise Fee for Pinch A Penny?</h3>The franchise fee is $50K.&nbsp;<h3>Who’s On Pinch A Penny’s Leadership Team?</h3><ul><li><a href="https://www.linkedin.com/in/jim-eisch-68240255/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-pinch-a-pennys-franchise-costs-fees-profit-and-data-2723669" target="_blank" rel="nofollow">Jim Eisch</a> — President and CEO</li><li><a href="https://www.linkedin.com/in/adam-heflin-cfe-6908665/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-pinch-a-pennys-franchise-costs-fees-profit-and-data-2723669" target="_blank" rel="nofollow">Adam Heflin, CFE</a> — Director of Franchise Development</li><li><a href="https://www.linkedin.com/in/kendall-large-b548a3a/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-pinch-a-pennys-franchise-costs-fees-profit-and-data-2723669" target="_blank" rel="nofollow">Kendall Large</a> — Vice President of Marketing</li><li><a href="https://www.linkedin.com/in/troylindbeck/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-pinch-a-pennys-franchise-costs-fees-profit-and-data-2723669" target="_blank" rel="nofollow">Troy Lindbeck</a> — Vice President of Operations</li><li><a href="https://www.linkedin.com/in/james-eisch-2043591b1/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-pinch-a-pennys-franchise-costs-fees-profit-and-data-2723669" target="_blank" rel="nofollow">James P. Eisch</a> — CFO</li><li><a href="https://www.linkedin.com/in/kate-novinskie-hiles-a2717372/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-pinch-a-pennys-franchise-costs-fees-profit-and-data-2723669" target="_blank" rel="nofollow">Kate Hiles</a> — General Counsel</li></ul><h3>What Helpful Articles Can I Read to Learn More About Pinch A Penny?</h3><ul><li><a href="https://pinchapennypoolfranchise.com/pinch-a-penny-is-a-year-round-service-franchise/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-pinch-a-pennys-franchise-costs-fees-profit-and-data-2723669" target="_blank" rel="nofollow">Pinch A Penny is a Year-Round Service Franchise</a></li><li><a href="https://pinchapennypoolfranchise.com/5-benefits-of-owning-a-pool-retail-and-service-franchise-like-pinch-a-penny/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-pinch-a-pennys-franchise-costs-fees-profit-and-data-2723669" target="_blank" rel="nofollow">5 Benefits of Owning a Pool Retail and Service Franchise like Pinch A Penny</a></li><li><a href="https://pinchapennypoolfranchise.com/valdosta-pinch-a-penny-named-leading-business/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-pinch-a-pennys-franchise-costs-fees-profit-and-data-2723669" target="_blank" rel="nofollow">Valdosta Pinch A Penny Named Leading Business</a></li><li><a href="https://pinchapennypoolfranchise.com/new-pinch-a-penny-store-now-open-in-west-lake-worth-florida/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-pinch-a-pennys-franchise-costs-fees-profit-and-data-2723669" target="_blank" rel="nofollow">New Pinch A Penny Store Now Open in West Lake Worth, Florida</a></li><li><a href="https://pinchapennypoolfranchise.com/faqs-for-owning-a-pinch-a-penny-franchise/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-pinch-a-pennys-franchise-costs-fees-profit-and-data-2723669#:~:text=A%20Pinch%20A%20Penny%20franchise%20cost%20ranges%20in%20initial%20investment,a%20franchise%20fee%20of%20%2450%2C000." target="_blank" rel="nofollow">FAQ’s for Owning a Pinch A Penny Franchise</a></li></ul> Disclaimer: This content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained on this site constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any franchises, securities, or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the franchise and/or securities laws of such jurisdiction. All content in this article is information of a Arellanoral nature and does not address the detailed circumstances of any particular individual or entity. Nothing in the article constitutes professional and/or financial advice, nor does any information in the email constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content in this article before making any decisions based on such information or other content.

Franchise Deep Dive: Pinch A Penny's Franchise Costs, Fees, Profit and Data

1851 Franchise

Pinch A Penny is one of the largest retail franchises specializing in pool and spa supplies and services in the United States. 

franchise-deep-dive-pinch-a-pennys-franchise-costs-fees-profit-and-data

Children's Lighthouse

Children's Lighthouse - How Children's Lighthouse Stands Out - Early Education Franchise - 1851

How Children's Lighthouse Is Pioneering Top Notch Curriculum in the Early Education Segment

how-childrens-lighthouse-is-pioneering-top-notch-curriculum-in-the-early-education-segment

How This Children’s Lighthouse Leadership Team Member Applies Her Background in Franchising To Help Franchisees Succeed

how-this-childrens-lighthouse-leadership-team-member-applies-her-background-in-franchising-to-help-franchisees-succeed

Biscuit Belly Franchising

How Biscuit Belly's "Damn Good" Biscuits Are Proving Breakfast Is Big Business 

how-biscuit-bellys-damn-good-biscuits-are-proving-breakfast-is-big-business

Paris Baguette

Paris Baguette's Culinary Creativity Drives Guest Affinity and Franchisee Success

paris-baguettes-culinary-creativity-drives-guest-affinity-and-franchisee-success

Seniors Helping Seniors®

Seniors Helping Seniors® In-Home Care Services Expands in Napa Valley, California

seniors-helping-seniors-in-home-care-services-expands-in-napa-valley-california

Buying a Franchise Masterclass

 Franchise Opportunities

Get Support Buying a Franchise

How to Buy a Franchise White Paper

How to Buy a Franchise

How to Sell Franchises

How to Grow a Franchise

Find a Franchise Supplier

1851 Franchise Opportunities

Franchisor News

Franchisor Power Rankings

FranCamp Mastermind Summit

Franchise Resources

What ALEC-Laffer's Report Means for Franchising

Website Awards

Power Rankings

About 1851

Advertise on 1851

Contact 1851 Editorial

Terms of Use

Login

facebook

instagram

twitter

linkedin

youtube

Fast Company: KFC Introduces Spin Off Restaurant, Saucy

fast-company-kfc-introduces-spin-off-restaurant-saucy

Subway Seals the Deal: PepsiCo Beverages Coming to U.S. Locations in 2025

subway-seals-the-deal-pepsico-beverages-coming-to-us-locations-in-2025

Malaysian Franchise Association (MFA) - AFC and FIM 2025 - 1851 Franchise News

Malaysia Focuses on Franchise Growth Through AFC and FIM 2025

malaysia-focuses-on-franchise-growth-through-afc-and-fim-2025

Hilton and Grubhub Expand Mobile Delivery Services to Over 2,600 Hotels

hilton-and-grubhub-expand-mobile-delivery-services-to-over-2600-hotels

Taco Bell Joins the Beverage Boom With New Live Más Café Concept

taco-bell-joins-the-beverage-boom-with-new-live-mas-cafe-concept

Tiam Behdarvandan’s Let’s Get Moving Offers a Franchise Opportunity Rooted in Growth and Support

tiam-behdarvandans-lets-get-moving-offers-a-franchise-opportunity-rooted-in-growth-and-support

How Bella Ballerina Is Redefining Dance Studio Franchising With a Community-Focused and Scalable Business Model

how-bella-ballerina-is-redefining-dance-studio-franchising-with-a-community-focused-and-scalable-business-model

Dennis Cieri Shares How Fitness Factory Health Clubs Blends Strategic Growth with Franchisee-Centric Support

dennis-cieri-shares-how-fitness-factory-health-clubs-blends-strategic-growth-with-franchisee-centric-support

The Ace Up Their Sleeve: How Ace Handyman Services Matters Found the Perfect Partner in Ace Hardware

the-ace-up-their-sleeve-how-ace-handyman-services-matters-found-the-perfect-partner-in-ace-hardware

How To Set up Digital Marketing for Your Franchise Brand

how-to-set-up-digital-marketing-for-your-franchise-brand

Air Force Veteran and Family Find Perfect Fit with TruBlue Franchise in Fort Collins, Colorado

air-force-veteran-and-family-find-perfect-fit-with-trublue-franchise-in-fort-collins-colorado

What Are the Best Burger Franchises To Invest In?

What Are the Best Burger Franchises For Entrepreneurs Invest In?

what-are-the-best-burger-franchises-to-invest-in

Franchise Deep Dive: Pinch A Penny's Franchise Costs, Fees, Profit and Data

MORE STORIES LIKE THIS