IslandTime Treasures vs Pinch A Penny Franchise Comparison

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

Start-Up Costs and Fees

 
IslandTime Treasures Franchise
Pinch A Penny Franchise
Investment $11,000 - $26,350$289,375 - $411,200
Franchise Fee $7,500$50,000
Royalty Fee 10%6%
Advertising Fee 2%4%
Year Founded 20111975
Year Franchised 20121976
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee N/A-


Business Experience Requirements

 
IslandTime Treasures Franchise
Pinch A Penny Franchise
Experience

*Total net worth requirement $75,000 *Marketing skills *Must enjoy being around kids and giving out lots of smiles!

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Financing Options

 
IslandTime Treasures Franchise
Pinch A Penny Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
IslandTime Treasures Franchise
Pinch A Penny Franchise
Training

*Online 4 Hours (Prior to Initial Training) *At corporate headquarters location 2 Days

On-The-Job Training: 70 hours Classroom Training: 100 hours
Support

*Purchasing co-operatives *Newsletter *Regional/national meetings *Toll-free telephone line *Grand opening *Internet support *Field operations & evaluations *Lease negotiations

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

Ad slicks

Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations

*Absentee ownership of franchises allowed *Average number of employees a franchisee would need to run a typical franchised unit 1-2 *The franchise can be run from home.

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Expansion Plans

 
IslandTime Treasures Franchise
Pinch A Penny Franchise
US Expansion Yes-
Canada Expansion --
International Expansion Yes-

Company Overviews

About IslandTime Treasures

Much like Build-a-Bear Workshop - We make school and church fundraisers, events, fairs, weddings, and parties a truly unforgettable experience by providing a unique, hands-on art experience for folks of all ages that are as entertaining as they are educational. Our affordable sand impression art experience provides the ability for a customer to build their own treasure utilizing our mobile sandboxes. Our affordable ($10 - $40 per item average) sand impression art experience provides the ability for a customer to build their own treasure in three short steps: Step 1 - They choose a treasure form in a variety of shapes and sizes, or use their hand or footprint. Step 2 - They decorate the treasure sand impression with island bling, including shells, sea glass, rocks, or tons of other cool items. Step 3 - We pour in our special Island Mud. 15 minutes later... voila! Their project is done and ready to go! The IslandTime Treasures franchise opportunity is available in two business formats, depending on your business needs and goals. Franchise investment levels start at an affordable $15,900 and include a comprehensive startup kit that has everything you need to begin scheduling events and making money. - Mobile Unit Enjoy the freedom of a part-time home based business to make money! IslandTime Treasures owners (aka Island Guides) provide our unique product experience for birthday parties, events, fairs, school and church fundraisers, plus many other venues. Mobile unit owners receive a minimum protected territory of 200,000 in population. Mobile unit operators can also grow sales in their territory through the ownership of additional retail kiosks and cart units. - Kiosk & Cart Generate more revenue with the addition of a cart or kiosk! For resorts, camps, theme parks, zoo's, malls, and other public venues, our retail fixed kiosks or mobile carts are "customer magnets" and can provide excellent incremental income. IslandTime Treasures kiosks and carts are customized to fit your facility and can be operated part-time or year-round, depending on your requirements. Kiosk and cart locations do not receive a protected territory and are restricted to doing retail business at the installed location.

About Pinch A Penny

Pinch A Penny strives to be unrivaled in providing value, quality and service to their customers. Perhaps that's why they're now 230 stores strong and growing. But they'd also like to think it's because their swimming pool expertise is something clients can count on to keep their pool and spa its healthiest and their client's family it's happiest. In fact, Pinch A Penny stores are all staffed with fully-trained people. They have more Certified Pool Operators than any other company and their continuing education programs are unparalleled. Since opening its first store in 1975, Pinch A Penny has become the largest franchised retail pool, patio and spa company.

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#150 in Franchise 500 for 2020.
#254 in Franchise 500 for 2021.