PINCH A PENNY IS A FAMILY BUSINESS
Own a profitable Pinch A Penny
franchise and enjoy the perfect
balance between work and family.
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844-740-5139
Built by Families
For Families
A lot of companies say their teams are “like family,” but Pinch A Penny has always been a family-friendly franchise. Founded by Fred Thomas in 1975, Pinch A Penny began to grow when Thomas invited other families to invest in the business and open their own Pinch A Penny locations. Thomas’s son, John, grew up in the business working alongside his dad.
Growing Pinch A Penny as a Family Business
Now numbering more than 300+ locations spanning 9 states, we grow through franchise families, including some second- and third-generation owners. As our families grow, so does our franchise.
Family-Friendly Franchise
Along the way, Pinch A Penny built a fun and family-friendly business model that appeals to people who want both to own their own business but also to find a balance between work and family.
Running a Pinch A Penny requires no out-of-town travel, and stores operate during family-friendly business hours, allowing for store owners to run their business while still being home in time for family dinner. Many franchise owners enjoy a flexible schedule that allows them to put their family’s needs first.
Additionally, Pinch A Penny locations create jobs for most ages, including many franchise owners’ high school- and college-age children whose first jobs were working with their parents.
Franchisees cite the brand’s family atmosphere as one of the qualities they love about Pinch A Penny. That may help explain the company’s perennially high ratings for franchisee satisfaction in Franchise Business Review’s Top 200 Franchises ranking.
Pinch A Penny was built for families and still maintains those values today.
Building a Legacy
Pinch A Penny allows franchise owners to provide a better life for their families while also planning for the future. Most of Pinch A Penny’s higher-performing locations are owned and operated by families.
Franchise locations open for at least one year reported average annual gross sales of more than $2 million3 last year. As owners retire, many of them pass the business along to their own children so the business they have built becomes their legacy and stays “in the family.”
Fred Griffiths, whose family owns two Pinch A Penny locations in Palm Coast, Florida, says, “All three of our adult children have really bought into the business and invested in the company. It’s a family business in every sense of the word. It’s our lives. We are very proud and blessed to be part of the Pinch A Penny family.”
“It’s a family business in every sense of the word. It’s our lives.”
-Fred Griffiths
Multi-Unit Franchise Owner
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3For details on terms and conditions of in-house financing, see FDD. Startup costs range from $519,925 to $837,200 for details see FDD Item 7.
For the year ending December 31, 2024, Pinch A Penny had 291 stores open. Of those stores, 280 have been open at least one year. Of those open at least one year, the average annual gross sales were $2,032,346 and some stores (39%) had annual gross sales that exceeded the average. Your results may differ. There is no assurance that you will do as well. See our 2025 Franchise Disclosure Document for more information.
This advertisement does not constitute an offer of a franchise. An offering of a franchise can only be made by a franchise disclosure document and compliance with any applicable pre-sale registration and/or disclosure requirements in certain jurisdictions. This advertisement has not been reviewed by the California Department of Business Oversight nor by any other federal or state governmental agency.