Pinch A Penny vs Park Select Franchise Comparison

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

Start-Up Costs and Fees
 
Pinch A Penny Franchise
Park Select Franchise
Investment $289,375 - $411,200$55,000 - And Up
Franchise Fee $50,000$40,000
Royalty Fee 6%10% - 6%
Advertising Fee 4%1%
Year Founded 1975-
Year Franchised 1976-
Term Of Agreement -5 years
Term Of Agreement -5 years
Renewal Fee --


Business Experience Requirements
 
Pinch A Penny Franchise
Park Select Franchise
Experience --

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

Training & Support
 
Pinch A Penny Franchise
Park Select Franchise
Training On-The-Job Training: 70 hours Classroom Training: 100 hours Our comprehensive training program covers every aspect of owning and operating a Park Select franchise. You, any designated manager and up to two assistants will be supplied with the systems and tools that you will use to make your Park Select franchise a success. The step-by-step, in depth training will be administered by the very people that designed those systems and tools, our Park Select Training Team! Training at Park Select Franchising Opportunities headquarters in Wilmington, NC will last for one to two weeks, depending on the level of instruction needed in areas such as business organization or familiarity with the office software programs commonly used by Park Select.
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 Our Park Select Training Team and our Park Select Office Support Team will be there every step of the way! After your initial training at corporate headquarters, the Park Select Training Team will come to your territory for on-site training. Your field training will include helping you to establish your new accounts� assisting you as you set up and operate your Park Select office, and, of course, preparing you for a successful grand opening! Every territory and every franchisee is different; therefore, there is no pre-determined length of time for on-site training, though you can expect this period to last at least one to two weeks. And once your on-site field training is complete, ongoing training and support is only a phone call away. As your Park Select business grows, our corporate team will be there to help. From offering training for new staff members and management team members to assistance and advice on daily operations, Park Select franchisees are in business for themselves, but NEVER by themselves!
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
Park Select Franchise
US Expansion --
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 Park Select

Park Select was established over ten years ago with a simple philosophy in mind - Why should parking lot owners pay to protect their lots from parking violators? Park Select's customer-specific, parking lot solutions are proven to alleviate parking lot abuse - and at little or no cost to our client, the lot owner! Park Select's unique business model ensures that the parking violator bears the burden of that cost! Park Select 003 What can a Park Select franchise do for property owners in your area? Generate Revenue Improve Functionality Eliminate Unnecessary Cost Until Park Select, property and business owners were forced to spend hundreds, even thousands, keeping unwanted cars out of their lots - contracting expensive security companies, hiring their own attendants to stop parking violators or installing costly equipment . Park Select Franchising Opportunities is changing all that, by equipping a new generation of business men and women with Park Select's innovative and proven systems and tools! We are proud of Park Select's success story and excited for the future of Park Select and the future opportunities of our Park Select franchisees. Perhaps that's you.