Pinch A Penny consistently ranks in the Top 10% of brands with the most satisfied franchise owners, according to Franchise Business Review. In 2020, the brand jumped 275 places on the prestigious Entrepreneur Franchise 500 to its current ranking at No. 150. Why?
Pinch A Penny’s business model includes multiple revenue streams that combine best-in-class retail, pool cleaning and backyard services including pool renovations, leak detection and power washing. Even though Pinch A Penny is the nation’s largest swimming pool franchise, owners enjoy the freedom to customize their offerings showcasing their personal expertise and own interests.
Endless Revenue Opportunities
Like all outside bodies of water, pools require care and attention year-round. For pools, constant maintenance and service are essential in ensuring they remain fully operational and sustain the safest, most sanitary environment for family fun, no matter the season. That said, pools are big repeat business generators with customers spending thousands every year on supplies like liquid chlorine, tablets, pumps and filters, as well as on cleaning, repairs and accessories. And the pool, patio and spa industry is not limited to summer. When temperatures drop, cleaning services and hot tub needs rise.
Whatever the weather, the do-it-yourselfers are routinely coming in store for Pinch A Penny’s industry-leading expertise and best-in-class proprietary products, giving Pinch A Penny owners the flexibility to provide services and products based on their locations’ needs as well as their own personal interests.
Now more than ever, people are opting to spend their time retreating in their own backyards in lieu of traveling to a vacation destination. Therefore, they are willing to spend more to maintain and elevate the look and condition of their patios, pools and spas.
Services
Typical services, like routine water testing and pool cleaning services, are offered at all locations, but many owners have training or expertise in other areas that can produce revenue for their location, including but not limited to:
Pressure Washing
Acid Washing
Pool Renovations
Above Ground Pools
Handrail Installations
Deck Paint/Stain and Reseal
Deck Resurfacing
Equipment Installation and Repair
Leak Detection
Hardscape Installations
Screen Repair
Owners continually learn the needs of their customers as a neighborhood pool store. As needs or trends arise, franchisees have the ability to add to their service line.
Product Offerings
As a backyard-focused business, Pinch A Penny owners provide products that enhance the pool, patio and spa experience. Most locations sell floats, goggles, pool toys and games, and other fun accessories. Many owners customize their offerings both to match their own special interests and also to further increase their sales reach. For example, some of our locations sell:
Grills
Outdoor/Patio Furniture
Canopies
Inflatable Movie Screens
Planters
Clocks
Windchimes
As leaders in the industry, Pinch A Penny gives owners a customizable business model. This allows those who join the franchise family the opportunity to start at the beginning, with their unique talents and our expertise – and then, to grow continually based on location needs and their personal interests. The demand for pools, spas and hot tubs have increased this year, and that demand is expected to grow as families look to make their backyards into the oases they’ve always dreamed of. Consumers are redirecting funds that had been earmarked for summer vacations and camps into adding to their backyard retreats. With our multi-pronged business model, owners will find unlimited potential for success by tapping into this emerging trend.
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