Pinch A Penny vs Driverseat Franchise Comparison

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

Start-Up Costs and Fees

 
Pinch A Penny Franchise
Driverseat Franchise
Investment $289,375 - $411,200$37,400 - $142,650
Franchise Fee $50,000$13,000
Royalty Fee 6%$389/mo.
Advertising Fee 4%-
Year Founded 1975-
Year Franchised 1976-
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Pinch A Penny Franchise
Driverseat Franchise
Experience --

Financing Options

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

Training & Support

 
Pinch A Penny Franchise
Driverseat 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

With our week-long full-time training course and on-going support, we support you each and every step of the way. The team at Driverseat can be reached for questions and you will have their mobile numbers on hand if you need to talk, discuss an idea or ask a question. The co-founders (also brothers) have extensive experience in business, manufacturing, retailing and franchising. With a strength in sales, marketing, human resources and process management, you will be partnering with two leaders who's passion for the brand and your business unit will have you wondering why you didn't do this earlier.

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
Driverseat Franchise
US Expansion -Yes
Canada Expansion -Yes
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 Driverseat

The "perfect storm". A "perfect storm" is a confluence of events that drastically impacts a situation. It is also noted when there is a rare combination of factors. We believe that with Driverseat, you have the perfect storm. Take an industry with high growth, worth in excess of $2B a year in Canada and over $20B annually in North America. Combine that with a new concept, so innovative and cutting edge that Driverseat is talked about in every market that we enter. Now mix in with that the significant interest in franchising in North America as a growth model and as a business choice for franchisees, the relatively low cost of getting your franchise started, the business model and the experience of the co-founders, and that is what we like to call a perfect storm. The exciting part of owning your own business Owning your business is exciting. You control the hours, the work, the level of politics in your office, your income, your priorities and ultimately, your future. Learning is exciting; getting that first customer is exciting; being interviewed in the newspaper and having your family see your photo there is exciting. Self-employed people are generally happier in life, have less unhealthy stress and get to prioritize family when they want to, not when the boss says it is ok to. The "not so fun" part of owning your own business Owning a business can be stressful. You have decisions to make daily that are in unchartered territory. You are good at some things, but not an expert in all things. You have to develop that expensive web site and app, you have to determine how best to market, you have employees to deal with and the cost, well that is something that keeps you up at night. On top of that, you have to fill in when your employees are not there, manage food or inventory and worry about the logistics and shipments and other things related to your inventory. The great news is that with Driverseat, you don't have any of those issues. As a franchise based business, you are using a proven model, you have the expertise of the co-founders, you have marketing support and you have other franchisees who you can learn from. Driverseat franchises have little to no permanent employees, no inventory, low start-up costs and a great profitability model. The Driverseat franchise model Driverseat is a home-based franchise model. As a franchise partner, your primary role is to be the marketing driver in your local community. Hiring contract drivers to complete the rides means that you can focus on building the brand, and your business. What's truly exciting about that, is that it makes Driverseat one of the only truly scalable home-based business models. There are very few barriers to growth, and getting busier does not necessarily mean you have to work more hours. Furthermore, your ongoing fixed overhead costs are minimal, which reduces the risks associated with being self-employed. Balance of life We believe in the balance of life. Lifestyle is one of the main reasons quoted when a franchisee speaks to us about why they chose Driverseat. Working from home, on a very flexible schedule, makes this franchise model appealing and one that is the envy of many other businesses. We believe in working hard but we believe in doing so with a finite amount of time invested. Want to take your children to the dentist? Just take them. It won't impact your business at all. Want to be free to go shopping with your spouse on a weekday? Interested in sleeping in then starting work late? Want to avoid the commute? These are all aspects of having your own Driverseat that makes it just so appealing. Revenue Each Driverseat franchisee will determine how much he/she wants to make at their franchise location. With 8 service offerings, there is a variety of markets to target. Our flat cost royalty means that you won't be paying a percentage of your monthly revenue to us, but rather a flat rate. Want to own 2 or 3 Driverseat franchises? That is absolutely possible with the systems we have developed to ensure you can run, market and oversee the business without having to work in each of your business units. The next steps Are you ready for a lifestyle change? Do you want to be part of something that is fundamentally different, socially responsible and fun! The next steps are easy: Call us at 1-855-374-8390 or email us at [email protected] Review our FDD and franchise agreement Make your decision Attend training Start your business

The total investment necessary to begin operation of a Driverseat Business is ranges from $37,400 to $58,550. This includes between $26,050 and $31,150 that must be paid to the franchisor or its affiliate.  Driverseat area developers acquire the right to develop multiple  Driverseat Businesses in a designated development area.
The total investment necessary to begin operation of a Driverseat area developer business will depend on the number of  Driverseat Businesses to be opened.
The total investment necessary to begin operation of a Driverseat area developer business operating three franchises ranges from $91,200 to $142,650, including $57,150 to $60,450 that must be paid to the franchisor or its affiliates. For each additional Driverseat Business opened under an area development agreement, you will pay the same costs as a single franchise, but the development fee will be discounted with each business.