Pinch A Penny vs Clothes Bin Franchise Comparison

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

Start-Up Costs and Fees

 
Pinch A Penny Franchise
Clothes Bin Franchise
Investment $289,375 - $411,200$156,145 - $199,965
Franchise Fee $50,000$40,000
Royalty Fee 6%-
Advertising Fee 4%-
Year Founded 19752014
Year Franchised 19762015
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Pinch A Penny Franchise
Clothes Bin Franchise
Experience --

Financing Options

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

Training & Support

 
Pinch A Penny Franchise
Clothes Bin 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
Clothes Bin 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 Clothes Bin


Clothes Bin® is a national franchise system made up of independently owned bins that are operated by franchisees.
The Clothes Bin® mission is to help people reach their entrepreneurial dream of business ownership through a semi-absentee franchise system that promotes environmental stewardship, stimulates the economy and provides a source of clothes, shoes and textiles in the United States and throughout the world.
This affordable franchise offers a flexible work schedule, low overhead and competitive margins, making it the ideal opportunity for veterans, firemen, teachers, entrepreneurs, part-time workers and anyone looking for a hands-on business.
  • Simply put, there’s no storefront to build out, no inventory to buy and nothing gets spoiled over time.
  • Overhead is low.
  • The franchise can be managed part-time, on your own time. No set hours to keep or store to maintain.
#389 in Franchise 500 for 2021. Not in Franchise 500 for 2020.