Opportunity as Big as Texas for Pinch A Penny in 2021

We’ve all heard everything is bigger in Texas, and soon Pinch A Penny will have an even bigger footprint in the Lone Star State, too.

We went all-in on Texas this past year, and it has been exciting to watch what happened. We opened a new Pinch A Penny location in Pecan Grove and have at least three more stores planned to open in early 2021 across the state. The best news is there are plenty of wide-open spaces left, and so in 2021, we expect to open five to eight new Pinch A Penny locations in Texas.

“We have been so encouraged by how well-received Pinch A Penny locations have been in Texas,” says Adam Heflin, Director of Franchise Development. “We are excited to grow our brand and introduce even more Texas pool owners to Pinch A Penny’s complete line of pool equipment and accessories, pool service, and backyard services, paired with our best-in-class customer service.”

Texas’s family-oriented culture is perfect for Pinch A Penny, Heflin says, because Pinch A Penny is a family-owned business, with franchise locations that are owned and operated by local families, that helps to ensure a safe water environment for family fun moments.

Want to know why Texas is such a tremendous growth market for us? This ain’t our first rodeo, and we know a thing or two about the swimming pool business in Texas:

  • The first Pinch A Penny store in Texas opened in 2016 and demonstrated from the start that there was a huge demand for quality retail pool supply and service operators in the state. In fact, many of our Texas locations have outperformed comparable-sized locations in other markets.
  • Texas is third among states for having the most in-ground residential pools, behind only California and Florida. The Houston and Dallas suburbs, especially, are pool-dense markets.
  • In 2020, Texas – like the rest of the nation – saw a spike in the number of people who built pools because of the pandemic, which encouraged people to spend more time in their own backyards with their families. That means there are now even more Texas pool owners who need Pinch A Penny stores in their neighborhoods.

If you’re ready to take control of your future by investing in a proven business model in a booming market, we should talk! There’s no time like the present to start your own business, and there’s no better place to do it than in Texas.

Look for us at The Franchise Show in Dallas on May 15 and 16. We would love to talk with you about our big plans for Texas in 2021.

We know that 2020 was a challenging year for many, but for Pinch A Penny those challenges reinforced how sustainable our business model is, even during a pandemic and an economic downturn. We are extremely optimistic about what 2021 holds. Throughout our 45-plus-year history, we have logged more than 40 years of positive same-store growth, and we that success to continue in 2021.

We’re coming for you, Texas. In a big way.

 

 

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What Makes Pinch A Penny Different From Other Pool Companies?

Pinch A Penny locations are more than swimming pool retail stores. They are franchises that serve as invaluable resources for pool owners, providing pool cleaning, installation, repairs, and other services that homeowners need to enjoy their backyards year-round.
If you are considering buying a pool franchise, you may be researching several different ones. So, how is Pinch A Penny different from its competitors in the pool industry?

Top Franchise System

Pinch A Penny Pool Patio Spa is the nation’s largest swimming pool retail, service, and repair franchise system. Most other pool-industry franchises have limited service offerings, focusing on pool cleaning or repairs; other competitors are corporately owned retail locations that sell supplies.
Pinch A Penny franchisees are owner-operators who benefit from the brand’s proven turnkey business model and strong corporate support programs, as well as exclusive access to Pinch A Penny’s proprietary chemical products and expert training at the company’s Pool School in Clearwater, Florida.
Before joining Pinch A Penny, many franchisees were successful in different careers having nothing to do with pools, but at some point, they decided to invest in themselves and own their own businesses. Because many of Pinch A Penny’s franchisees were previous customers who already knew and trusted the brand, they chose to join the company.

Multiple Streams of Revenue

Unlike their competitors, Pinch A Penny franchises have the advantage of multiple streams of revenue: retail, pool cleaning, and an array of backyard services.
As a leading swimming pool franchise for more than 45 years, Pinch A Penny provides franchisees with in-depth training so that they become niche specialists and offer their customers invaluable expertise and guidance every time they call or walk into a store. Customers rely on their neighborhood Pinch A Penny to point them toward what they need to create the safest, most sanitary water environment for family fun. Pinch A Penny stores sell supplies and offer free water testing using the brand’s seven-point computerized water test to help customers ensure that they have the proper water chemistry in their pools.
Pinch A Penny also handles routine cleaning and maintenance for pool owners who prefer to be more hands-off in caring for their pools. Franchisees and certified technicians on staff at Pinch A Penny locations are well-trained so that the pools they maintain stay safe and clean for year-round enjoyment.
Finally, Pinch A Penny provides a variety of backyard services such as pressure washing, pool renovations, leak detection, and more to keep the area surrounding the pool or spa in great shape.

Family Business

A lot of companies say their teams are “like family,” but Pinch A Penny has always been a family business. Founder Fred Thomas grew the company by inviting other families to invest and open their own locations. Today, Thomas’s son, John, serves as chief executive officer of Pinch A Penny. John Thomas makes a point of visiting every franchisee at least once per year to see how things are going, and they all have his personal cell phone number so they can call if they ever need something.
Many Pinch A Penny locations are owned and operated by families who desired to build a legacy for their children. The business model lends itself to family life, with regular hours and no travel, and stores create jobs for all ages, including the teenaged children of many franchise owners and customers. Many of Pinch A Penny’s higher-performing locations are owned and operated by families.
Franchisees cite the brand’s family atmosphere as one of the things 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 has been in the Top 10% of the rankings since the survey began, and in 2020, Pinch A Penny was the category leader among retail franchises.
Pinch A Penny stands out among a crowd of competitors, and the brand is poised to differentiate itself further as it continues to expand throughout the Southeast and in fast-growing states like Texas, where both residential development and pool construction are on the rise.

 

 

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Pinch A Penny Named a Top Recession-Proof Franchise by Franchise Business Review

Pinch A Penny’s designation as an essential business and its financial performance during the pandemic, coupled with more than 40 years of recorded positive growth, earned the brand a spot on a list of the Top 50 Recession-Proof Franchises published recently by Franchise Business Review (FBR).

FBR, a leading market research firm specializing in franchisee satisfaction and performance, used history as a guide to identifying a variety of business sectors that it expects to outperform others over the next few years, including home repair and maintenance services and specialty retail. FBR also considered key factors such as whether the franchise provides a necessary product or service; performance during previous economic downturns; strong historical unit-level economics; and market growth potential to determine the Top 50 list.

Providing an Essential Service

With stay-at-home orders in effect in the states in which Pinch A Penny operates, families staying at home used their pools more than ever. They depended on their local Pinch A Penny stores to help them stay safe, especially after the Centers for Disease Control and Prevention (CDC) reported that the coronavirus could not be spread through fully operational pools and hot tubs that were properly maintained with the right balance of chemicals.

Pinch A Penny franchise owners went above and beyond to serve their customers during the COVID-19 crisis. They followed all recommended guidelines and, in many cases, went further than required to ensure customers felt comfortable when visiting their neighborhood Pinch A Penny. For example, franchise owners installed Plexiglas® shields around the checkout counters; placed markers on the floor to note 6-foot distance; limited the number of people permitted in a store at one time; made hand sanitizer readily available; set up tables outside the storefront to limit foot traffic inside the store, and some owners even offered free contactless delivery in their communities.

Moving Forward

FBR cited the home repair services and specialty retail sectors as two of the most recession-proof franchises for prospective franchisees to consider as the economy recovers. As people continue to spend more time at home, they are more likely to take on DIY projects or hire local contractors to make their homes and backyards as comfortable as possible.

Additionally, many people found comfort in hobbies and other home-based activities. That focus on the home aligns perfectly with Pinch A Penny’s business model. Whether someone wants to maintain their pool themselves or relax while a certified technician does the heavy lifting, there is plenty of opportunity for Pinch A Penny franchises as the country rebounds.

As the brand continues to expand its footprint throughout the Southeast and in fast-growing states like Texas, where both residential development and pool construction are on the rise, the demand for Pinch A Penny services and products is expected to grow, also.

 

 

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Pinch A Penny’s designation as an essential business and its financial performance during the pandemic, coupled with more than 40 years of recorded positive growth, earned the brand a spot on a list of the Top 50 Recession-Proof Franchises published recently by Franchise Business Review (FBR).

FBR, a leading market research firm specializing in franchisee satisfaction and performance, used history as a guide to identifying a variety of business sectors that it expects to outperform others over the next few years, including home repair and maintenance services and specialty retail. FBR also considered key factors such as whether the franchise provides a necessary product or service; performance during previous economic downturns; strong historical unit-level economics; and market growth potential to determine the Top 50 list.

Providing an Essential Service

With stay-at-home orders in effect in the states in which Pinch A Penny operates, families staying at home used their pools more than ever. They depended on their local Pinch A Penny stores to help them stay safe, especially after the Centers for Disease Control and Prevention (CDC) reported that the coronavirus could not be spread through fully operational pools and hot tubs that were properly maintained with the right balance of chemicals.

Pinch A Penny franchise owners went above and beyond to serve their customers during the COVID-19 crisis. They followed all recommended guidelines and, in many cases, went further than required to ensure customers felt comfortable when visiting their neighborhood Pinch A Penny. For example, franchise owners installed Plexiglas® shields around the checkout counters; placed markers on the floor to note 6-foot distance; limited the number of people permitted in a store at one time; made hand sanitizer readily available; set up tables outside the storefront to limit foot traffic inside the store, and some owners even offered free contactless delivery in their communities.

Moving Forward

FBR cited the home repair services and specialty retail sectors as two of the most recession-proof franchises for prospective franchisees to consider as the economy recovers. As people continue to spend more time at home, they are more likely to take on DIY projects or hire local contractors to make their homes and backyards as comfortable as possible.

Additionally, many people found comfort in hobbies and other home-based activities. That focus on the home aligns perfectly with Pinch A Penny’s business model. Whether someone wants to maintain their pool themselves or relax while a certified technician does the heavy lifting, there is plenty of opportunity for Pinch A Penny franchises as the country rebounds.

As the brand continues to expand its footprint throughout the Southeast and in fast-growing states like Texas, where both residential development and pool construction are on the rise, the demand for Pinch A Penny services and products is expected to grow, also.

 

 

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Pinch A Penny Owners: Keeping Backyard Pools Safe for 2020 Staycations

Americans are likely to spend a lot more time at home this summer.

As the country reopens state-by-state, some consumers remain reluctant to go far outside their homes, given all the uncertainty that still lingers with COVID-19. With domestic and international air travel largely grounded and cruises suspended until late summer or autumn, it just makes sense for folks to consider limiting summer travel and plan a staycation. And what better place to spend one than by the backyard pool?

The U.S. Travel Association notes that in recent years, 55% of workers did not use all of their vacation time because of cost and guilt they feel for taking off work. That number is likely to go up this year with so many people working from home for weeks or months due to coronavirus closures. And yet, the stress of living through a national crisis leaves people more in need of a vacation than ever.

This summer, Pinch A Penny owners are going to be busy helping swimming pool owners keep their chemicals in balance and pools operating smoothly so they can enjoy some much-needed downtime close to home.

Multiple Streams of Revenue

One huge advantage to owning and operating a Pinch A Penny franchise is that locations have multiple streams of revenue: retail, pool cleaning and an array of backyard services.

Pinch A Penny stores serve as community centers where pool owners can go for supplies and expert advice from their local Pinch A Penny franchisee who often is their neighbor. Customers rely on Pinch A Penny to help them create the safest, most sanitary water environment for family fun. A big piece of this happens inside our stores, where Pinch A Penny franchisees and their employees educate and assist pool owners one-on-one on everything from the need to shock the pool weekly to regular water testing to keep chemicals in balance.

Regular water testing is the cornerstone of Pinch A Penny’s in-store services. Free water test bottles are provided for in-store testing. Pinch A Penny’s seven-point computerized water test helps customers ensure they have the proper water chemistry in their pools. Ultimately, that saves customers money by helping to avoid unnecessary purchases of chemicals, damage to the pool’s finish and broken equipment.

Pool owners who prefer to be more hands-off and want nothing more than free time to enjoy their pools, happily hire their local Pinch A Penny to handle their routine cleaning and maintenance needs. Pinch A Penny owners and certified technicians are well-trained so that the pools they maintain stay safe and clean for year-round enjoyment.

Finally, Pinch A Penny provides a variety of backyard services such as pressure washing, pool renovations, leak detection and more to keep the area surrounding the pool or spa in great shape. Regular power washing by a Pinch A Penny pro helps to maintain the beauty of your house, windows and deck, and to extend the life of other hard exterior surfaces. And when pools start to show their age, Pinch A Penny can resurface it so that it will last for many years to come. Pinch A Penny’s backyard services ensure that a customer’s backyard is the oasis that they want and need now more than ever.

An Essential Business

Pinch A Penny plays a critical role in helping keep pools safe and sanitary, and franchise owners’ expertise in water safety is just one reason that Pinch A Penny locations are deemed essential businesses. As a matter of fact, when stay-at-home orders were placed because of the pandemic, our business and function proved more important than ever before, because families began using their home pools more often and depended on companies like ours to help keep them and their loved ones safe. As a result, our locations have been open – and busy – all year.

Pinch A Penny is a franchise for all seasons and all economic situations because pools and spas require year-round maintenance – whether it’s being done by Pinch A Penny or the homeowner, who also will benefit from Pinch A Penny’s expertise. This is a need-based business, not just a summertime business. What’s more, we have been in business for 45 years and have seen a fair share of ups and downs in the economy. Despite all these, we have recorded more than 40 years of positive growth and remain the leading swimming pool franchise, showcasing that Pinch A Penny franchises thrive in all economies. There always will be a need for clean water and safe backyard fun.

Now is the ideal time to invest in a Pinch A Penny business of your own, because people are using their pools more than ever before and there is a proven need for our services, even in the middle of a pandemic. In a time of general uncertainty, Pinch A Penny is a business you can count on.

In the coming year, people are going to be staying home a lot more and enjoying quality family time by the pool. Some people may even decide this is the perfect year to build a pool or spa, and they are going to need help caring for it. They are going to need a local Pinch A Penny.

 

 

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Pinch A Penny Ranked in the Prestigious Franchise 500® by Entrepreneur Magazine

Over our decades in business, a committed family of franchise owners and a loyal customer base have made Pinch A Penny the nation’s largest swimming pool retail store, pool cleaning and backyard services franchise — and people are taking note! Pinch A Penny is ranked No. 150 on Entrepreneur magazine’s prestigious 2020 Franchise 500 ranking — a massive jump up 275 places from last year’s ranking at No. 425.

Entrepreneur’s Franchise 500 is the world’s first and most comprehensive franchise ranking. Considered an invaluable tool for investors who are seeking franchise opportunities, Franchise 500 rankings are based on a company’s exceptional performance in areas such as unit growth, financial strength and stability and brand power.

Entrepreneur received more than 1,100 applications for its 41st ranking, making this year’s edition one of the most competitive in Franchise 500 history.

Being ranked so highly is a credit to Pinch A Penny’s outstanding franchise owners, who provide unrivaled expertise and stellar service to their customers every day and keep franchise growth and performance strong companywide.

Pinch A Penny is a well-established franchise system that is consistently ranked highly by multiple organizations. In addition to the Entrepreneur listing, Pinch A Penny is listed among Franchise Business Review’s Top 200 Franchises to Buy, Top Franchises for Women and Top Franchises for Veterans; Franchise Times’ Top 200+. Pinch A Penny also received the silver award for Franchise Update’s STAR Award for Franchisee Satisfaction.

Entrepreneur uses a rigorous “Five Pillar” formula based on:
• Costs and fees (franchise fee, total investment and royalty fees)
• Size and growth (open and operating units, growth rate and closures)
• Support (training times, marketing and operational support, franchisor infrastructure, financing availability and litigation)
• Brand strength (social media, system size, number of years in business and number of years in franchising)
• Financial strength & stability (franchisor’s audited financial statements)

Each franchise is given a cumulative score based on an analysis of more than 150 data points, and the 500 franchises with the highest cumulative scores become the Franchise 500 in ranking order.

If you’re looking for a franchise opportunity or want to convert an existing location, now is a great time to dive in. With more than 250 locations, we’re looking for strong candidates to bring exceptional pool products, expertise and service to your area. 

 

 

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Pinch A Penny Named Category Leader in Retail in the Top 200 Franchises

For the first time, Pinch A Penny has been named the category leader in retail for franchisee satisfaction in the Top 200 Franchises by Franchise Business Review. We are honored to have been in the top 10% since the Franchise Business Review survey started, and this recognition is even more exciting.

The leading market research firm in the franchise industry, Franchise Business Review surveyed over 28,000 franchisees from over 300 franchise brands to determine the best franchises of 2020 based on franchisee satisfaction.

Committed to bringing more transparency to the franchise industry, Franchise Business Review asked each participant 33 questions about franchisor leadership, training, and core values, as well as questions about their business lifestyle and how much they enjoyed operating their franchise.  

We’re proud of this achievement, and it rings true to what we hear from our Franchise Owners. They love the support and expertise they receive before, during, and after they open. They enjoy being able to run a family-owned business in their communities, and the peace of mind that comes from partnering with a franchise with a proven system.

If you’re thinking about opening a franchise, the sheer number of franchise opportunities can be overwhelming. A key to making a smart decision is accurate, honest feedback from Franchise Business Review based on existing franchise owners’ experiences and how well the business meets their profitability, support, and work/life balance expectations.

With more than 250 locations across the Southeastern U.S. and Texas, we have developed a reputation for delivering best-in-class customer service and expertise, as well as great pool products and supplies.

 

 

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Pinch A Penny Pool Patio Spa Kicks Off 45th Year with Opening of New Florida Location in North Englewood

Pinch A Penny Pool Patio and Spa, announced today the opening of its newest franchised location in North Englewood, Florida. Located at 1865 Englewood Road, the new store is owned and operated by Lee and Pam Poore and marks the brand’s second Englewood-area location, 230th overall in Florida. Pinch A Penny’s accelerated development throughout the state comes on the heels of a successful 2019 where the brand achieved yet another year of positive growth.

“When we learned about Pinch A Penny from an existing owner, we immediately loved what we heard and knew it was something we wanted to be a part of. Coming from backgrounds unrelated to pools or pool service, we were relieved to find that many of the brand’s most successful franchisees don’t have those types of backgrounds either and that Pinch A Penny had best-in-class training that would provide us with the tools we needed in order to be successful in the business,” said Lee Poore, owner of Pinch A Penny of North Englewood. “We’re so excited to begin our next chapter with a company like Pinch A Penny that encourages community involvement and we look forward to what’s to come.”

Now in its 45th year of business, Pinch A Penny continues to be a swimming pool franchise category leader and is the only brand to provide franchisees with three viable revenue streams, which has translated to more than 40 years of positive growth and a industry-high AUV of $1.2 million. The brand’s growth in the greater Englewood area reflects its aggressive franchise development efforts throughout Florida and other states in the Southeast, as well as the state of Texas.

“Two common threads that all our franchisees share is a desire to provide an exceptional customer experience and a passion for their local communities. Lee and Pam having diverse backgrounds in the fishing charter business and bookkeeping respectively shows how Pinch A Penny can be a fit for anyone who shares our brand’s family- and community-centric values,” said Michael Arrowsmith, Chief Development Officer of Pinch A Penny. “Pinch A Penny’s need-based business model is an attractive investment opportunity for those looking to enter the next phase of their lives, and can be substantiated by the various industry accolades we received in 2019 and early this year, including ranking #150 on Entrepreneur’s 2020 Franchise 500, as well as being named a best franchise for women and vets by Franchise Business Review.”

Pinch A Penny Pool Patio and Spa of North Englewood will serve customers Monday-Friday from 9 a.m. to 6 p.m., Saturday from 9 a.m. to 5 p.m., and Sunday from 10 a.m. to 2 p.m. For more information on the new North Englewood store, call 941-828-1440 or visit https://pinchapenny.com/stores/englewood-fl-252.

With more than 250 locations across the Southeastern U.S. and Texas, Pinch A Penny Pool Patio Spa has developed a reputation for delivering best-in-class customer service and expertise while offering the highest quality in products and supplies. Pinch A Penny Pool Patio and Spa offers customers a one-stop shop for all of their pool and spa supply needs with one of the most complete lines of pool chemicals, maintenance equipment, as well as parts and accessories available anywhere. In addition, Pinch A Penny stores carry games, toys, floats, grills and more. Pinch A Penny is currently seeking qualified candidates to join its growing brand, including existing pool operators looking to take their businesses to the next level. The company currently has franchise opportunities available in markets throughout Texas and the Southeastern U.S., including Georgia, Florida, South Carolina, Alabama, Louisiana and Mississippi.

 

 

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Pinch A Penny Pool Patio Spa Propels Texas Expansion And Seeks Qualified Candidates To Open Stores

Pinch A Penny Pool Patio Spa, the nation’s largest swimming pool retail, service, and repair franchise, announced today aggressive expansion plans for the greater Dallas area, specifically targeting markets like Fort Worth, Arlington, Irving and others across the metroplex. In addition to the Dallas-Fort Worth region, the brand is looking to further develop its presence in both Houston and San Antonio. To support these efforts, Pinch A Penny is seeking prospective franchisees interested in spearheading the brand’s rapid growth throughout Texas.

Pinch A Penny’s accelerated growth plans for Dallas and beyond are fueled by the tremendous development success the brand has experienced in Texas throughout 2019. Coupled with its ongoing Southeast expansion, year to date, the company has opened four new Texas locations – two in San Antonio, one in Plano and one in Kingwood. To further drive this momentum in Texas, executives from Pinch A Penny will be meeting with qualified candidates at two franchise shows taking place in Houston and Dallas in the next couple of months.

“Pinch A Penny is a need-based business in a high growth segment that combines retail, service/maintenance, and repair, providing our owners with three solid streams of revenue while simultaneously offering our customers with a one-stop-shop for all their pool needs. With several pool-dense communities throughout Texas, there is a massive opportunity for our brand in the state,” said Michael Arrowsmith, Chief Development Officer of Pinch A Penny. “As we position ourselves for accelerated growth, we’re looking to meet with passionate, community-oriented candidates excited to partner with a proven, industry-leading brand.”

To further fuel its growth strategy in Texas, Pinch A Penny will be exhibiting at booth #213 during Franchise Expo Houston, Oct. 4-5 at the George R. Brown Convention Center, located at 1001 Avenida De Las Americas, to meet with prospective franchise owners, as well as at the Dallas Franchise Show, Nov. 8-9.

With more than 250 locations across the Southeastern U.S. and Texas, Pinch A Penny Pool Patio Spa has developed a reputation for delivering best-in-class customer service and expertise while offering the highest quality in products and supplies. Pinch A Penny Pool Patio Spa offers customers a one-stop shop for all of their pool and spa supply needs with one of the most complete lines of pool chemicals, maintenance equipment, as well as parts and accessories available anywhere. In addition, Pinch A Penny stores carry games, toys, floats, grills and more.

Pinch A Penny is currently seeking qualified candidates to join its growing brand, including existing pool operators looking to take their businesses to the next level. The company currently has franchise opportunities available in markets throughout Texas and the Southeastern U.S., including Georgia, Florida, South Carolina, Alabama, Louisiana and Mississippi.

 

 

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One Woman Franchise Owner Reaps the Rewards of Jumping into a Pinch A Penny Franchise Headfirst

Pinch A Penny Franchise Owner Lisa Ifland, and her husband, dreamed of owning a family business for some time before realizing the perfect opportunity was literally in their own backyard.

The family had recently installed a swimming pool. “One day we were sitting on the patio by the pool,” Lisa explains. “And I said to my husband, ‘You know, if we had some type of business like this one—I could absolutely handle this.’”

Add the significant market potential in Plano, TX, where a swimming pool is in nearly every backyard, and the decision was made: the Iflands were ready to dive into the swimming pool business. The couple came across Pinch A Penny while exploring different options, and it immediately stood out as a perfect fit.  

Fast forward a few months, and Lisa officially opened their first Pinch A Penny store in April. And the first summer in business proved very successful, without signs of slowing down either. Lisa credits this to a combination of factors, and we believe her path to quickly becoming a top Pinch A Penny Franchise Owner is worth sharing.

Family

“We wanted a business that was in line with our core values,” Lisa says. “One that would allow us to involve our entire family and be our own.” It was in talking with other Pinch A Penny Franchise Owners while first researching the opportunity that Lisa learned many of our locations are family run, beginning with store number one in 1976. 

So, naturally, when Lisa’s location was ready to open, she enlisted her husband and two grown children to help run the store. And while the business’s remaining employees aren’t exactly family, they’re about as close as it gets: Friends of Lisa’s son who also grew up right in front of her. It’s a team Lisa is not surprisingly happy to invest in, and one that’s brought value to the business in multiple ways. “My customers can see that we’re a family, and they love that,” Lisa says. “They love the environment in the store — they can see that we’re close, and it just changes the vibe, you know?”

Patience

Like most first-time Franchise Owners, Lisa learned the commitment it takes to run a business is no small or easy feat. Especially in the beginning, she says, the growing pains are going to be present. “But then every day it got easier and easier and easier,” Lisa says. “And we’re four months in now, and you know, we’re getting everything down.” Lisa’s confidence in the future of her business even has her taking steps in exploring multi-unit franchise ownership with Pinch A Penny.

Passion

“You have to be very passionate about what you’re doing, what you’re learning, and what you’re selling,” Lisa says. For Lisa, this meant learning the business from the ground up, including the service side, and says she couldn’t be happier for it. “I didn’t think it was possible to be a woman and run a business like this and actually do all aspects by yourself,” Lisa says, “but look at me now —the proof is in the pudding.”

Lisa also couldn’t be more pleased with the support system Pinch A Penny put in place. “When you’re opening and starting a new business,” she explains, “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.”

 

 

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Pinch A Penny Pool Patio Spa Named a Top 50 Franchise for Women by Franchise Business Review

Pinch A Penny was recently named a top franchise by Franchise Business Review in its 2019 Top Franchises for Women Report. Pinch A Penny is the nation’s largest swimming pool retail, service, and repair franchise with more than 250 locations across the Southeastern U.S. and Texas. The brand has developed a reputation for delivering best-in-class customer service and expertise while offering the highest quality in products and supplies. The company offers customers a one-stop-shop for all of their pool and spa supply needs with one of the most complete lines of pool chemicals, maintenance equipment, as well as parts and accessories available anywhere. In addition, Pinch A Penny stores carry games, toys, floats, grills and more.

Franchise Business Review, a franchise market research firm that performs independent surveys of franchisee satisfaction, provides the only rankings of franchises based solely on actual franchisee satisfaction and performance. Franchise Business Review publishes its rankings of top franchises in its annual Guide to Today’s Top Franchises, as well as in quarterly reports throughout the year that rank the top franchises in specific sectors.

Pinch A Penny was among more than 265 franchise brands, representing nearly 8,800 female franchise owners, that participated in Franchise Business Review’s research on the Top Franchises for Women. Pinch A Penny’s franchisees were surveyed on 33 benchmark questions about their experience and satisfaction regarding critical areas of their franchise systems, including leadership, training & support, financial opportunity, and work/life balance.

“The franchise industry provides many options to women seeking business ownership on a full- or part-time basis in multiple sectors,” says Michelle Rowan, President and COO of Franchise Business Review. “The number of franchise opportunities can be overwhelming, so it’s critical to examine feedback from other female franchise owners on how well the franchise meets their expectations in terms of support, work/life balance, financial opportunity, and other key areas of business ownership. When you look at the brands on our list, a whopping 90% of women said they enjoyed owning and operating their own business.”

Pinch A Penny’s survey data showed the following:

  • 92% of female franchisees surveyed say they would recommend Pinch A Penny to others.
  • 91.8% of female franchisees surveyed say they respect Pinch A Penny’s leadership and the brand as a whole.
  • 90.4% of female franchisees surveyed say they enjoy being a part of Pinch A Penny.
  • 90.1% of female franchisees surveyed say they believe Pinch A Penny acts with a high level of honesty and integrity.
  • 88.7% of female franchisees surveyed say they trust Pinch A Penny as a franchisor.

“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. 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,” said Adam Heflin, Director of Franchise Development of Pinch A Penny. “We’re honored to be recognized by Franchise Business Review again, especially for a list like this one that showcases the diversity of our system and the satisfaction among our female owners.” Visit FranchiseBusinessReview.com to see the full list of 2019 Top Franchises

 

 

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