Joining The Leader
Pinch A Penny Named One of the Top Franchises of 2020 by Entrepreneur Magazine’s Franchise 500® Ranking
Posted on March 4th, 2020
Over our decades of industry experience, a committed family of Franchise Owners, and a loyal customer base have made Pinch A Penny the nation’s largest swimming pool retail, service, and repair franchise— and people are taking note! Pinch A Penny is ranked #150 on Entrepreneur magazine’s 2020 Franchise 500 ranking—a massive 275 jump up from last year’s 425th spot.
In its 41st year, Entrepreneur magazine’s Franchise 500 is the world’s first, best, and most comprehensive franchise ranking, and an invaluable tool for investors who are looking for franchise opportunities. Rankings are based on a chosen company’s exceptional performance in areas such as unit growth, financial strength and stability, and brand power.
This is a huge honor. We couldn’t do it without our wonderful customers who keep coming to us— not only for our great products, but also for the expertise and fantastic customer service our Franchise Owners offer.
The competition is stiff. More than 1,100 companies applied to be part of the Entrepreneur magazine’s Franchise 500 ranking.
Entrepreneur uses a rigorous “Five Pillar” formula based on:
• Costs & fees (franchise fee, total investment, and royalty fees)
• Size & 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)
If you’re looking for a franchise opportunity or want to convert an existing location, now is a great time to dive in. With over 250 locations, we’re looking for strong candidates to bring exceptional pool products, expertise, and service to your area.
For more information about Pinch A Penny Pool, Patio, and Spa franchises, fill out the form below.