Pinch A Penny Franchise Opportunities
Pinch A Penny franchise specializes in pool and spa care products and services. Pinch A Penny pool store franchise successful opportunities are proven by the ever-growing customer base. The business has 240 locations and provides a wider range of products than its competitors. Owning a Pinch A Penny swimming pool retail, service, and repair franchise means constant support of the franchisor and initial four-week-training. If you are looking for how to start the Pinch A Penny pool & spa supply franchise, read about the franchise investment information, cost and profit details and available locations for sale. The requirements and franchise fees depend on the market and individual location.
How to open a Pinch A Penny franchise?
- Ensure you have adequate capitalization.
In order to open the Pinch A Penny pool, patio, spa supply and service franchise, you must have a net-worth of $350,000.
- Appreciate the investment required for a restaurant franchise.
You will need to consider real estate costs, the cost of equipment and signs, the costs of licenses and permits, the cost of uniforms, the cost of insurance, etc.
- Evaluate your prior experience and strengths.
You should thoroughly evaluate your prior business experience before applying to become a Pinch A Penny franchise owner.
- Assess market availability.
You will want to look at the market availability for Pinch A Penny franchises and see if there are available markets in your location of interest before proceeding with the franchising application.
- Submit your application.
Your application will be reviewed by the Pinch A Penny franchise team. You will be emailed a confirmation receipt upon reception of your online application, where we will additionally provide the contact details of the franchise owner.
- Receive approval & opening your Pinch A Penny franchise.
You will receive franchise approval once your financial and background checks are completed. Approval will only be given to candidates who meet all the requirements of franchise owners.
How much does Pinch A Penny franchise cost?
Pinch A Penny has a franchise fee of up to $50,000, with a total initial investment range of $289,400 to $411,200.
Initial Investment: $289,400 - $411,200
Net-worth Requirement: $350,000
Liquid Cash Requirement: $50,000 - $150,000
Initial Franchise Fee: $50,000
Ongoing Royalty Fee: 6%
Ad Royalty Fee: 4%
On-The-Job Training: 34-100 hours
Classroom Training: 51-142 hours
Pinch A Penny Franchise Info: https://pinchapennypoolfranchise.com
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