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 |
Investment |
$289,375 - $411,200 | $156,145 - $199,965 |
Franchise Fee |
$50,000 | $40,000 |
Royalty Fee |
6% | - |
Advertising Fee |
4% | - |
Year Founded |
1975 | 2014 |
Year Franchised |
1976 | 2015 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
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 |
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.
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.