New Store Owner Chris Weis is Featured on Franchising.com

Pinch A Penny Poolfranchisee Chris Weis was featured in a Multi-Unit Franchisee Magazine article for his success in converting a beauty salon into his new retail store. With the help of the Pinch A Penny franchise development team, Chris and his wife Nicole opened their store on march 10, 2023.

Read the full store here!

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Pinch A Penny Opens Its First Turnkey Location in Clear Lake City, TX

Pinch A Penny opened its newest store in the Clear Lake City area of Houston on Friday, March 24. The new store is located in the University Plaza Shopping Center at 2429 Bay Area Blvd., Houston, Texas.

The Pinch A Penny Pool Patio Spa is owned by Jason and Christine Leveille. The Leveilles are originally from Canada and moved to the United States in 2002 before obtaining United States citizenship last year.

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Earn Year-Round Income with Multiple Streams of Revenue

When you think of the swimming pool industry, you likely consider it a seasonal business. At Pinch A Penny, we strive to provide our franchisees and their customers with valuable service all year round. With our backyard services, our stores have multiple streams of revenue to keep them busy all year round!

Is Pinch A Penny a retail store?

Pinch A Penny stores, at their core, are brick-and-mortar retail locations. Our stores specialize in providing pool and spa needs from our own personal chemical line, Suncoast Chemicals, to maintenance items, equipment, parts, and more. Our stores also provide a free 7-point water test for your pool and spa water that helps you keep your water properly balanced and sanitary.

Does Pinch A Penny offer pool cleaning and maintenance?

Along with providing in-store services, such as retail sales, water testing, and APC repairs, our Pinch A Penny stores also provide pool service and maintenance services. These services help homeowners to maintain a clean and balanced pool with much less work than homeowners who maintain their pools themselves. Along with weekly water balancing, pool service may also include brushing, vacuuming, filter cleaning, and other routine services.

What revenue streams does Pinch A Penny provide for backyard services?

One of the many benefits of franchising with Pinch A Penny is that our franchisees can offer an array of backyard services that keep them busy all year long. In addition to the retail sales, pool service and maintenance, and installations and repairs, our franchisees offer services that allow them to service customers even if they don’t have a pool! Many locations now offer:

  • Pool renovations
  • Leak detection and repair
  • Pressure washing
  • Home landscape lighting and design
  • Outdoor living design
  • Screen repair and rescreening services

What training does a Pinch A Penny franchisee receive to repair and install pool equipment?

As part of Pinch A Penny’s exceptional hands-on franchise training program, our franchisees earn a certified pool operator license, a world-recognized certification, and an advanced pool and spa service certificate, enabling them to get a contractor’s license in one year rather than the usual four years. There are three pools on the Pinch A Penny campus in Clearwater. Pool School classes test the water, fix what’s broken, learn the proper way to clean a pool, and more as they work their way through an extensive curriculum. Pool School instructors also teach the mechanics of swimming pools and spas. You’ll learn how to install and repair pool pumps, heaters and more equipment.

Becoming a Pinch A Penny franchisee gives you the freedom to be your own boss while providing year-round opportunities to earn income. If you’re ready to make the switch from the corporate grind to business ownership, we have opportunities available throughout the southeast and Texas. Contact our franchise development team to get started today!

 

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Pinch A Penny Opens the 4th Store of 2023 in Ridglea Hills Area of DFW, TX

Pinch A Penny opened its newest store in the Ridglea Hills area of Ft. Worth, Texas on Friday, March 10. The new store is located at 6645 Camp Bowie Blvd., Ft. Worth, Texas, 76116. The standalone store is located one mile from the Market at Ridglea shopping center.

The Pinch A Penny Pool Patio Spa is owned by Chris Weis and his wife, Nicol. The franchise has been offering pool service to local customers since September 2022, and the storefront location will now be open to customers to shop for all their pool care and maintenance needs.

Read the full store here!

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Troy Lindbeck, VP of Operations, Talks Turnkey Stores on Inside DFW

Pinch A Penny’s VP of Operations, Troy Lindbeck, spoke to Inside DFW with Jenny Anchondo about three turnkey franchise opportunities in the Dallas market.

“We’ve already taken the liberty of finding site selection. So we’ve identified three markets within DFW, Colleyville, Richardson, and Coppell. And we’ve already selected the sites we’ve already started permitting. We’ve already got construction underway. So these turnkey sites are really ready for that entrepreneurial spirit, servant’s heart, man or woman to come in and take these keys, turn them, and open the store. So it’s an exciting time with those three markets coming quickly. And we’re really looking for the right owners to come in and own that community and take care of their neighbors’ pools,” Lindbeck said.

Watch the full interview here!

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Pinch A Penny Offers In-House Financing

Editors Note: This post was originally published on 3/14/2023 and has been updated on 5/26/2023 for accuracy.

One of the tell-tale signs that a franchise has a successful model is gauging how much they invest in their franchisees. At Pinch A Penny, we have so much faith in our proven turnkey system that we even help our franchisees get started with in-house financing.

What type of financing does Pinch A Penny offer?

Pinch A Penny offers in-house financing to qualified candidates for up to 80% of the start-up costs*. Our flexible repayment plans give you room for your business to grow, along with no prepayment penalties.

What are the benefits of In-House financing with Pinch A Penny?

When you take advantage of Pinch A Penny’s in-house financing options, you eliminate the hassle of a middleman. You’ll receive:

  • Competitive interest rates
  • Flexible repayment terms
  • No fees
  • No waiting

How does in-house financing with Pinch A Penny work?

Qualified candidates can receive up to 80% of the cost of launching a new location*. When you begin repaying your loan, you’ll have a clear schedule of repayment:

  • Year 1: No payments are required, but interest accrues on the account.
  • Year 2-3: Interest-only payments are required, but additional payments are optional.
  • Year 4-10: Payments based on a 15-year amortization.
  • Year 10: Balloon payment is due in year ten with no prepayment penalties.

Why does Pinch A Penny offer In-House Financing?

We believe in our turnkey process and stand behind our franchisees to show them that their success is important to us. The factors that set Pinch A Penny apart are:

  • We have over 45 years of experience as a successful franchise model.
  • We do our research to make sure our stores will succeed and grow.
  • Our stores average over $2M* in AUV.

Pinch A Penny is actively expanding in the state of Texas, as well as several other markets in the Southern United States. If you’re ready to take control of your future, our franchise development team would love to talk with you!

 

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* The maximum amount financed and the interest rate are subject to the credit worthiness of the franchisee. For details on terms and conditions of in-house financing, see FDD. Startup costs range from $471,425 to $745,200; for details see FDD Item 7. For the year ending December 31, 2022, Pinch A Penny had 269 stores open. Of those stores, 263 have been open at least one year. Of those open at least one year, the average annual gross sales were $2,023,349 and some stores (37%) had annual gross sales that exceeded the average. Your results may differ. There is no assurance that you will do as well. See our 2023 Franchise Disclosure Document for more information.

Franchise Journal Features Lisa Ifland as an Expert Female Business Owner

Several years ago, Lisa Ifland oversaw the installation and building of a new pool at her home. What intended to be a project to create a family gathering place for relaxation, social gatherings, and years of fun memories for the family eventually became much more. It was the early foundation of starting her own business.

Read the full store here!

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Couple jumping in pool.

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