Pinch A Penny vs Pinot's Palette Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Pinch A Penny vs Pinot's Palette including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
	Pinch A Penny Franchise	Pinot's Palette Franchise
Investment	$289,375 - $411,200	$96,800 - $246,700
Franchise Fee	$50,000	$22,500 - $27,500
Royalty Fee	6%	6%
Advertising Fee	4%	2%
Year Founded	1975	2009
Year Franchised	1976	2010
Term Of Agreement	-	10 years
Term Of Agreement	-	10 years
Renewal Fee	-	50% of franchise fee
Business Experience Requirements
	Pinch A Penny Franchise	Pinot's Palette Franchise
Experience	-	"We like people that are outgoing, bubbly. Our big thing is characters with character." - Haley Connor, consumer marketing *Has a passion for wine and entertaining people *Likes to network and is a mover and shaker in the community *No art experience required
Financing Options
	Pinch A Penny Franchise	Pinot's Palette Franchise
	In-House/3rd Party	In-House/3rd Party
Franchise Fees	-/-	Yes/No
Start-up Costs	-/-	No/Yes
Equipment	-/-	No/Yes
Inventory	-/-	No/Yes
Receivables	-/-	No/Yes
Payroll	-/-	No/Yes
Training & Support
	Pinch A Penny Franchise	Pinot's Palette Franchise
Training	On-The-Job Training: 70 hours Classroom Training: 100 hours	On-The-Job Training: 71-81 hours Classroom Training: 68-113 hours Additional training as needed
Support	Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform	*Brand strategy definitions and Operations *Site selection*Lease negotiation *Target customer profiles *Media buying theory, industry definitions *Pinot's Palette PR Toolkit *Grand opening media relations support *National partnerships with respected brands in your area *Social media and email marketing content and strategy *Designed creative for media placements at your fingertips *Build-out drawings, opening roadmap, benchmarking reports *P&L reports, payroll reports, calendar planning reports *Artist training, bar training, preferred pricing for supplies *Strategy Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing	Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app	Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations	-	Number of Employees Required to Run: 6
Expansion Plans
	Pinch A Penny Franchise	Pinot's Palette Franchise
US Expansion	-	Yes
Canada Expansion	-	Yes
International Expansion	-	Yes

Company Overviews

About Pinch A Penny

About Pinot's Palette

Pinot’s Palette (formerly Pinot & Picasso) opened for business on May 6, 2009. Being a new concept to Houston, we started small, with the hopes of having class three nights a week. Before long, word spread, and we now have Pinot's Palette as a pioneer of the paint and sip experience - a revolutionary way to enjoy art and wine, meet new people and bond with friends. With more than 100 locations across 32 states and Canada, and new locations popping up monthly, Pinot's Palette is the world's fastest growing paint and sip franchise. Guests enjoy a no-experience-required art class "all supplies included" directed by trained, local artists, who guide guests step-by-step through a featured painting. The Pinot's Palette culture is the engine for the company's long term success. By focusing on innovation, customer excellence, and providing a fun, entertaining atmosphere, Pinot's Palette is well-equipped to meet customer demand in today's marketplace and in the future. By bringing fun, modern and creative ideas to their events, Pinot's Palette curates a unique, rewarding experience while providing a worthwhile contribution to the community. Every franchise partner in the system and each member of the headquarters team is selected for their passion and commitment to furthering the mission and values of the organization. The Pinot's Palette culture, often described as Team Pinot, is integral to every facet of the business. Pinot's Palette looks for franchisee partners that have good people skills and values that fit comfortably within the Team Pinot culture. The prime candidate will also have the ability to provide leadership in his or her studio and generate good will in the community. Artistic background is not required, and the owner's primary role is strategic management of the business. Franchisees have as much fun as the customers. "It's a business that markets fun. The business is unique and thriving.

Veteran Incentives  20% rebate on franchise fee

#323 in Franchise 500 for 2020.