Pinch A Penny opened its newest store in Pearland, Texas on Friday, February 17. The new store is located in the Broadway Square Shopping Center at 2732 East Broadway St., Pearland, Texas 77581.

The Pinch A Penny Pool Patio Spa is owned Frank Aguilar and his nephew Larry Aguilar, along with their business partner, Jayson Matos. 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!

Interested in owning your own franchise?

Editors Note: This post was originally published on 2/20/2023 and has been updated on 5/26/2023 for accuracy.

In the last couple of years, the world as we know it was changed in ways we never imagined.  The famous saying, “change is the only constant in life,” suddenly became a glaring truth as a global pandemic impacted our world and economy.  Industries that were once unshakable suddenly became a little turbulent.  How do you protect your financial security and future in uncertain times?  A popular choice has been to turn to franchising!

How does franchising help provide a successful future?

Unlike jobs where your future rests in the hands of an executive decision-maker, being a franchisee allows you to take that control into your own hands.  With Pinch A Penny’s proven turnkey business model, we give you the tools you need to make your business the best it can be and provide you with the help you need to get there.  We’ve spent more than 45 years perfecting our market research, products, and backyard services to give our owners multiple revenue streams that keep them thriving all year.

What are the advantages of being your own boss?

When you are in direct control of your own paycheck, it tends to motivate you more than working hard for a small corporate merit increase each year.  Oftentimes our franchises are run together as a family, building a legacy to pass down to future generations.  Our owners testify that working with their families has helped restore balance to their lives and improve their overall job satisfaction.  Owning their own business allows them to directly impact the lives of their children and their children’s friends through job opportunities and learning life skills they will take with them to future endeavors.

How does franchise training help me to maintain a successful business?

Pinch A Penny’s intensive franchise training program, called “Pool School,” doesn’t just set you up as a business owner.  It sets you up to be an expert in your field so you can maximize your opportunities and earning potential.  Our stores’ average unit volume is over $2M* a year, and most of our store owners are only running one location.  Owning a retail store that offers limitless backyard services from pool renovations to pressure washing allows our franchisees to grow their customer base beyond pool owners to anyone with a backyard!

Investing in yourself and your family can provide much-needed stability in uncertain times and beyond.  Though we can’t predict what the future holds, the fact that we have not closed a franchise location in over 30 years speaks volumes about the success of our franchisees.  We can’t wait to talk with you about joining our family; reach out to our franchise development team today!

Interested in owning your own franchise?

^{*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.}

Pinch A Penny opened its newest store in Flower Mound, Texas on Friday, February 10. The new store is located in The Highlands of Flower Mound Shopping Center at 2221 Justin Road, Suite 107, Flower Mound, Texas 75028.

The Pinch A Penny Pool Patio Spa is owned by Highlands Village residents Corey and Brandy Current. The Currents and the franchise have been offering pool service to local customers since April 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!

Interested in owning your own franchise?

If you’re looking to go into business for yourself, chances are you’ve looked at everything from fast food franchises to Pinch A Penny franchises. How do you know what franchise to choose? The benefits of becoming a Pinch A Penny franchisee are extensive and go far beyond just being your own boss. We’ve put together a collection of what sets Pinch A Penny apart from the rest!

What support does a franchisor provide?

When you franchise with Pinch A Penny, your franchisor support doesn’t stop once you’ve opened your store. You can expect ongoing support from your franchisor and their leadership team for everything from training, marketing, and IT services. One of the most significant benefits of franchising over starting a business from scratch is that you don’t have to be an expert at everything; you can focus on running your business while the franchise offers ongoing support from various teams and departments.

What training is available for new franchisees?

Our franchisees come from all sorts of career backgrounds and don’t always start with expert pool industry knowledge. Pinch A Penny’s extensive franchise training program will fix that! Our franchisees spend four weeks at our headquarters in Clearwater, Florida to become Certified Pool Operators, earn their Advanced Pool and Spa Service Certificate, and learn the business’s ins and outs. By the time they leave our comprehensive franchise training, they are experts in everything from water chemistry to pump repairs.

How is business risk reduced with franchising?

There are several positives of owning a franchise when weighing out the potential risks of business ownership. When you choose Pinch A Penny, you choose a proven business model with a long history of success. We don’t open stores just anywhere, and we do extensive research to be sure that our franchisees are opening stores in an area that needs a neighborhood pool store. We’re so confident that our franchisees will be successful that we invest in them with our in-house financing program. Another one of the amazing benefits of franchising: You! Store owners influence their own success through a commitment to their investment. With our owner/operator model, our franchisees actively work in their store, directly impacting how it performs daily.

What is the power of branding?

Brand recognition through franchising can be a powerful selling tool. Pinch A Penny has been in business for more than 45 years, so our brand awareness is strong and sets us apart from our competition. Being well known by our brand allows us to utilize brand recognition marketing to grow our franchise. Being a Pinch A Penny franchisee means having the power of our brand in your corner to grow your business. It allows us to help you generate business based on our overall reputation and expand our footprint successfully. Brand recognition with franchising is a significant contributor to the ongoing success of our franchisees!

We know that choosing a franchise opportunity is not a task taken lightly. Our franchise development team is committed to answering your questions and assisting you through the process every step of the way. If you’re ready to take the next step in securing your future, reach out to our team today! We can’t wait to have you as part of our Pinch A Penny Pool Franchise family!

 

 

Interested in owning your own franchise?

Pinch A Penny opened its newest store in the Memorial area of Houston on Friday, January 27. The new store is located in the Lantern Lane Shopping Center at 12534 Memorial Dr., Houston, Texas, 77024.

The Pinch A Penny Pool Patio Spa is owned by Houston native and resident James Vossler. Vossler and the franchise have been offering pool repair service to local customers since April 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!

Interested in owning your own franchise?

Pinch A Penny is an award-winning franchise known for creating success stories.

We’ve got bragging rights, and we’re not afraid to use them! Pinch A Penny has been named to multiple top lists and received several awards in recent years. When we say we’re good, we mean it! Don’t believe us? See for yourself!

 

Entrepreneur’s Prestigious 2023 Franchise 500

Pinch A Penny ranked #221 on Entrepreneur’s 2023 Franchise 500 list. Franchises were ranked on costs & fees, size & growth, support, brand strength, and financial strength & stability.

Franchise Business Review’s 2023 Top Franchises

Being named to Franchise Business Review’s 2023 Top Franchise lists shows that Pinch A Penny scored highly in franchisee satisfaction, including franchisee’s financial outlook and other criteria.

Franchise Business Review’s 2022 Top Recession-Proof Franchises

Pinch A Penny was named to Franchise Business Review’s 2022 Top Recession-Proof Franchise list by showing outstanding satisfaction among our franchise owners and also demonstrating a solid potential to outperform our competitors during challenging economic times.

Franchise Business Review’s 2022 Most Profitable Franchises

Franchise Business Review analyzed data from over 30,000 franchisees and 300 brands to select Pinch A Penny as one of their 50 Most Profitable Franchises for 2022. Criteria for consideration included franchise cost, cash required, business model, training and support, and more.

Franchise Business Review’s 2022 Top Franchises Culture

Franchisees are asked 12 specific questions on leadership, core values, honesty, integrity, and overall support.  Pinch A Penny is one of 100 franchises with an FBR Culture Score of 80+ and was honored to be added to the 2022 Culture 100 List.

Franchise Business Review’s 2022 Top Franchises for Women

To determine who would earn the 2022 Top Franchise for Women award, Franchise Business Review surveyed over 8,000 women franchise owners across 267 different brands. Based exclusively on franchisee satisfaction Pinch A Penny was one of 50 franchise brands to be honored with this recognition.

Franchise Business Review’s 2022 Most Innovative Franchises

Franchise Business Review asked franchise owners how creative and innovative they think their corporate franchise team is, and if leadership has a clearly defined vision for where the brand is headed. From that research, they selected Pinch A Penny as one of the top 100 franchises with the highest combined scores in innovation, leadership, and overall satisfaction.

Franchise Business Review’s 2022 Top Franchises for Veterans

To determine the 80 winners of the 2022 Top Franchise for Veterans award, Franchise Business Review surveyed nearly 3,000 veteran franchise owners across more than 300 leading franchise brands on their overall satisfaction with their brands and their likelihood to recommend them to others. Pinch A Penny is deemed one of the best franchises for veterans, according to actual veteran franchise owners.

Franchise Business Review’s 2022 Franchise Rock Star

Franchise Business Review reviewed over 273 nominations from franchisors in eight categories, including Top Performers, Multi-Unit Owners, Veteran-Owned, and Family-Owned, and then narrowed the search by selecting 60 franchisees that define what it means to be a Rock Star.

Franchise Times’ 2022 Top 500

Franchise Times ranked Pinch A Penny #176 on their 2022 Top 500. Consideration for this list involves a 5-month analysis of franchise’s global systemwide sales.

Interested in owning your own franchise?

Editors Note: This post was originally published on 12/30/2022 and has been updated on 5/26/2023 for accuracy.

Making the change from employee to entrepreneur is often a long-pondered and researched decision.  It’s no surprise that you are likely wondering, “is Pinch A Penny right for me?”  We want to make sure that your choice to join the Pinch A Penny family is a match for everyone involved.  Our turnkey business structure has brought success to many franchisees over the years who have all come to us with similar questions at the start of their journey.  We’ve put them together to help get you started!

What is Pinch A Penny?

Pinch A Penny is a brick-and-mortar pool supply franchise that provides retail sales, pool cleaning and repairs, and an array of backyard services. This makes our stores successful in any economic climate. Additionally, Pinch A Penny is a family-friendly business in every sense: Founded as a family business, has family-owned franchises, and families as customers.

How much money can I make with a Pinch A Penny franchise?

The annual average store revenue (or average unit volume) of a Pinch A Penny location is over $ 2 million*. While there is no assurance that your Pinch A Penny store will perform as well as these retail stores, it’s safe to say that Pinch A Penny’s numbers speak for themselves.

Are any Pinch A Penny markets still available in Florida?

As a Clearwater, Florida founded company, Pinch A Penny spent its first 40+ years focused on opening locations throughout the state, so new store opportunities are limited in Florida. We do have a handful of new store opportunities in the state, with most of our available opportunities near Palm Beach and Panama City.

My city needs another pool store; why can’t we open a Pinch A Penny?

Though there are several areas that are great for a new Pinch A Penny store, finding real estate can be a challenge. Our experts are always keeping an eye on these markets for opportunities to add them to our available markets!

What are the initial investment requirements to open a Pinch A Penny store?

A Pinch A Penny franchise cost ranges in initial investment depending on the market and individual location. However, the cost to open a store starts around $500,000, including a franchise fee of $50,000.

Potential Franchise Owners must meet the minimum liquidity requirements of $150,000 and have a net worth of no less than $350,000.

What is considered a “liquid asset” for Pinch A Penny’s financial requirements?

Liquid assets are funds that are easily converted into cash, such as bank accounts, 401k, stocks, and CD’s.

Does Pinch A Penny have a veterans discount?

Pinch A Penny has been named a top franchise for veterans, and veterans save 20% on the franchise fee, dropping from $50,000 to $40,000.

Do I have to operate my Pinch A Penny franchise, or can I be a silent partner?

Our franchisees are owners/operators. You’ll spend a lot of time working with your customers to help them keep their pools in great shape, either through in-store sales or home visits to troubleshoot, clean, fix and/or repair their pool or spa. Some days, you will be selling or performing ancillary services such as power washing. You’ll also work on scheduling, payroll, and ordering inventory. And if you need guidance, the Pinch A Penny training team is only a phone call away.

Do I need to have experience in the pool industry to own a Pinch A Penny franchise?

No, you don’t need to be a pool and spa expert to franchise with us—in fact, you don’t even need to know how to swim. We’ll bring you into our headquarters for pool school and provide all the training and tools you need to succeed.

How do you decide where to put a Pinch A Penny franchise?

We do extensive research to know which markets are growing and where pools and spas are being built.  Because pools and spas require continual maintenance, we also know which areas already have enough pools and spas to provide a solid base for business.

Though we have covered many of the questions we answer at the start of the franchise process, we know that each person has their own set of unique needs that may not have been addressed above.  Our franchise development team is ready to talk with you more about your specific questions and to help get you started.  If you’re ready to dive in a little deeper, contact our franchise development team today!

Interested in owning your own franchise?

^{*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.}

Pinch A Penny recently opened its newest store in Deep Creek, Florida, outside of Port Charlotte. The new store is located in the Deep Creek Center at 1544 Rio De Janeiro Ave. Punta Gorda, FL 33983.

The Pinch A Penny Pool Patio Spa is owned by Deep Creek resident Michael Doerr. The Wisconsin native moved to Florida last year.

Read the full story here!

Pinch A Penny Pool Patio and Spa has recently been named by Franchise Business Review as one of the Most Profitable Franchises and Innovative Franchises.

Pinch A Penny is a pool supply store providing customers with pool chemicals, equipment, repair parts, and accessories. In addition to pool supply retail, Pinch A Penny offers ongoing maintenance and repair services, like water testing and pool service, as well as pool renovations, pressure washing, landscape lighting, and more.

Read the full story

Pinch A Penny has provided successful franchise opportunities to families for more than 45 years and is known for having many female-owned and operated locations. With our long history of experience and expertise, Pinch A Penny has become the go-to source for pool, spa, and backyard needs and is perfect for anyone looking to start their own business.

What makes Pinch A Penny a top franchise for women?

Pinch A Penny has been named a top franchise for women by Franchise Business Review for several years running. Our female owners love that Pinch A Penny allows for a balance between work and family, often bringing them together under one roof! They feel empowered to take on new challenges and skills usually seen in a predominantly male industry.

“At Pinch A Penny, we have no glass ceiling to break through and offer our owners a viable path to entrepreneurship, where they can be as successful as they want to be; it’s what makes franchising so great, and it’s one of the things we’re most proud of as a company,” said Adam Heflin, Director of Franchise. “Additionally, because our stores operate within daytime hours, many of our owners are able to achieve a work-life balance that so many business owners struggle to find.”

“I didn’t think it was possible to be a woman and run a business like this and actually do all aspects of it by yourself, but look at me now,” says Lisa Ifland, owner of the Plano, TX Pinch A Penny. “You have to have the drive, But Pinch A Penny gives you the tools and lays the groundwork for you to have a successful company. I love the fact that so many women own and operate this particular business. It’s an inspiration.”

Who Determines That Pinch A Penny is a Top Franchise for Women?

Our owners participate in annual surveys to gauge their satisfaction with Pinch A Penny, and the results have earned us multiple Top Franchise Culture awards and Top Franchise for Women awards. Our female franchisees are also often interviewed for publications focusing on franchise ownership and provide details of their business ownership experience. These shared experiences have helped solidify our reputation for supporting female entrepreneurs and creating new opportunities.

“I wanted a family business, but I also wanted a business that had a proven track record and would lay the groundwork for us to grow this company to be successful. Pinch A Penny provided that,” Ifland said.

If you’re searching for the top franchise opportunity for women, our franchise development team would love to tell you more about Pinch A Penny and our current opportunities. Reach out to our team today and start moving toward your dream job and a balanced life.

Interested in owning your own franchise?