Pinch A Penny vs Waterway Co-op Franchise Comparison

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

Start-Up Costs and Fees
 
Pinch A Penny Franchise
Waterway Co-op Franchise
Investment $289,375 - $411,200$100,000 - And Up
Franchise Fee $50,000$30,000
Royalty Fee 6%0
Advertising Fee 4%0
Year Founded 1975-
Year Franchised 1976-
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Pinch A Penny Franchise
Waterway Co-op Franchise
Experience -You must have an interest in the fire-fighting industry. Ideally be a career or volunteer fire-fighter or know someone with that background who can participate. Should be able to find funds for the one time franchise fee of $30,000, which gives you the rights to the custom built Waterway testing system, the marketing and advertising designs, network support and training, the 24 hour software test record program.. and 20 years of experience! Plus a further $30,000 for all the hose and ladder testing equipment- the pump, adaptors, hose rolling tables, ladder testing tools... everything you need to get started. This EXCLUDES the trailer which will need to be purchased separately for approx $6,000. You should allow for a further $15,000 - $25,000 to cover 'soft' costs such as insurance, admin, crew clothing, working capital etc.

Financing Options
 
Pinch A Penny Franchise
Waterway Co-op Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Pinch A Penny Franchise
Waterway Co-op Franchise
Training On-The-Job Training: 70 hours Classroom Training: 100 hours -
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 -
Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app -
Operations --

Expansion Plans
 
Pinch A Penny Franchise
Waterway Co-op Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

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.

   ""     "Top    "Entrepreneur
In Franchise Business Reviews' Top 200.
#26 in Gator's Top franchises.
#150 in Franchise 500 for 2020.
#254 in Franchise 500 for 2021.




About Waterway Co-op

Waterway is the fastest growing fire-hose testing company in the USA through its rapidly expanding franchise network. In most States, no formal competition anywhere means you can build your given territory your way. State of the art equipment means most efficient system for Fire Departments and virtual guarantee of repeat business. You can benefit from 30 years of experience and trade secrets. Profit opportunities from numerous services and products lead to highly lucrative returns. Low risk, steady growth and relatively low investment costs. Recession proof.. hose testing is an annual NFPA requirement. On going training and franchise support always available.. you're IN business yourself but not BY yourself. Build your own financial future with a proven business model and the experience of 30 years in the business.