Perfect Time to Convert to a Pinch A Penny Franchise

July 20, 2021
You already own a pool business. You may already have trucks and employees and possibly a retail location. You’ve built your own business servicing pools in your area. You love being your own boss and setting your own schedule, but many days you could use some more support, guidance and resources. This summer is the perfect time for independent pool business owners to consider converting to a Pinch A Penny franchise. Franchising with Pinch A Penny offers numerous benefits that can help owners not only protect their investment but also grow their business. As the nation’s largest swimming pool retail, service and repair franchise, Pinch A Penny has developed a dominant presence in a booming backyard-focused industry that’s led to the highest average unit sales in the industry at more than $1.5 million.* When you join the Pinch A Penny family, you gain increased value and support when you are preparing to retire and sell the business; a proven business model with multiple streams of revenue; and purchasing power through our franchise system.

Exit strategy assistance

We understand you are proud of the business you have built – and that you are looking forward to eventually being able to relax and enjoy yourself in retirement. Converting your independent pool business to a Pinch A Penny location now will help you sell it for more later, thanks to the added value that comes with being part of a top pool franchise system whose benefits include a best-in-class training program that will help your successor get off to a good start, in-house financing and more. We can help you plan and execute your exit strategy, whether it’s transferring ownership to a family member or finding the right buyer.

Proven business model

Pinch A Penny has a year-round business model, thanks to multiple revenue streams from retail sales, pool cleaning and backyard services. During the busy summer season, the retail store is busy with customers buying chemicals, pool toys and more. When temperatures drop, cleaning service continues, and hot tub needs rise. Customers also tend to schedule repairs or upgrades like pool heaters in the cooler off-season. Regardless of the weather, DIY’ers will stop in year-round for expertise, water testing and accessories such as grills or new products.

Purchasing power

Pinch A Penny’s strong supply chain keeps costs down and ensures you have the merchandise that you need to serve your customers. Thanks to the collective buying power of our franchise system, we can offer franchisees proprietary products that we source from a number of manufacturers. That means you can purchase high-quality products at extremely competitive prices and that you don’t have to worry about product availability, such as the chlorine tablet shortage of spring 2021. Additionally, we deliver merchandise directly to the stores, so you can count on getting what you need when you need it. When you convert your business to a Pinch A Penny franchise, you can be confident you will have all the necessary resources to build a brighter future for your family and yourself. Now is the perfect time to join the Pinch A Penny family business and take your independent story to the next level as a franchise owner.   *For the year ending December 31, 2020, Pinch A Penny had 257 store open. Of those stores, 253 have been open at least one year. Of those open at least one year, the average annual gross sales were $1,525,624 and some stores (40%) had annual gross sales that exceeded the average. Your results may differ. The is no assurance that you will do as well. See our 2021 Franchise Disclosure Document for more information.    

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