Please complete our Preliminary Interest Questionnaire or contact our Development Manager at (888) 557-3669. Once the questionnaire is completed, you will receive an email with a link to our Step Guide which is a step by step guide to our franchise development process. This is a helpful tool that describes the steps you will take from initial inquiry to opening your Pinch A Penny franchise. You will also be contacted by a member of the Franchise Development Team to discuss opportunities in your area. Following that conversation, you will have an opportunity to visit stores and your market(s) of interest.
Following your market and store visits, you will complete a follow up call with the Development Manager to discuss any further questions you may have about the opportunity and/or market of interest. Upon completion of this call you will receive an email with a secure, online link to our franchise application.
After the follow up call and upon receipt of your completed franchise application, you will have a local meeting with the Development Manager where you will receive a copy of the Franchise Disclosure Document (FDD). The FDD includes a copy of a franchise agreement, financial statements and a list of franchise owners as well as an Item 19 —Financial Performance Representations. The Item 19 provides average store sales and gross profit for our system over the last three years. During the disclosure meeting you will also be provided with a business plan package, and you will review pool density maps of your desired market.
After the Disclosure Meeting you will complete a business plan. The business plan is a tool to assist with your due diligence prior to attending a Discovery Day at our corporate offices in Clearwater, FL. During Discovery Day you will meet with our Executive Team as well as tour our facilities and warehouse. Discovery Day dates are prescheduled throughout the year.
After Discovery Day you will work with our Real Estate Manager to find a location and negotiate a lease. While working with the Real Estate manager you will also work with our Logistics Manager on store design, layout, permitting and other items that will be necessary to get your store ready to open. Prior to store opening you will attend our comprehensive 4 week training class that is held here in Clearwater, FL at our corporate facilities.
Congratulations! You are ready to open your store. Our team will assist you prior to opening with installation of fixtures, and merchandising of your store as well as computer set up and training. Simultaneously, our Advertising Department will work with you to schedule your Now Open and Grand Opening marketing campaigns.
Pinch A Penny is based upon a unique and proven concept - provide an extensive line of pool and spa care products and the expertise to use them wisely. We don't just ring up purchases. Instead, we're a source of advice many pool owners quickly come to rely on.
DISCLAIMER: This information is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise. It is for information purposes only. If you are a resident of a U.S. state or a country that regulates the offer and sale of franchises, are receiving this message in one of those states or countries, or intend to operate a franchise in any of those states or countries, we will not offer you a franchise unless and until we have complied with any applicable pre-sale registration and/or disclosure requirements in the applicable jurisdiction.
This offering is not an offering of a franchise. In New York (USA), an offering of a franchise can only be made by a prospectus that has been previously filed and registered with the Department of Law of the State of New York. The application for registration of an offering prospectus or the acceptance and filing thereof by the Department of Law as required by the New York law does not constitute approval of the offering or the sale of such franchise by the Department of Law or the attorney general of New York.
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