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Below is an in-depth analysis and side-by-side comparison of Sparkle Brite Pool Stores vs Balls N Bumpers including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $66,250 - $354,000 | $150,000 - $300,000 |
Franchise Fee | $30,000 | $33,000 |
Royalty Fee | 6% | 6% |
Advertising Fee | - | 3% |
Year Founded | 1999 | 2004 |
Year Franchised | 2007 | 2004 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | 25% of then-current fee | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | Systems Training Each franchise owner must have been successfully trained in all aspects of Company policy, procedure and systems. As these aspects develop and alter, then so will the training be updated to ensure that franchise owners remain fully aware of the latest requirements. Sales Training All franchise owners will undergo sales training, specific to our business. This will be an ongoing program, with participation being mandatory. Basic aspects of salesmanship will also be included, plus where to find sales, how to promote your business, how to deal with price objections etc. will all be included as part of this element. Occupational Health and Safety Basic guidelines to OH & S principles, to ensure safe work practices and procedures are appropriate. |
Support | - | - |
Marketing | - | All advertising shall be developed and controlled by BALLS N
BUMPERS, in conjunction with the franchisee. BNBF pays for
advertising which benefits multiple franchise owners from the
marketing fund, and individual franchise owners pay for their own local
advertising. *There is a full marketing plan, which covers our proposed expansion of the group in Australia. A Local Marketing Manual has been developed to assist each Franchise owner increase sales in their Territory. |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | Yes |
Pool and spa ownership is on the rise in the United States and with it comes the opportunity to own and operate your own professional pool and spa retail business. According to the Association of Pool & Spa Professionals, more than 176,000 additional in-ground pools were sold and installed in 2005, bringing the total number of in-ground pools in the U.S. to 4.7 million. This represents an almost 10% increase in total pools since 2002! And the growth is continuing. PK Data, a research company for the pool and spa industry, projects the growth rate of new pools in the coming years to be approximately 3% annually. Sparkle Brite Pool Stores has capitalized on this growth by developing a proven system of operation that maximizes profit and operational efficiencies and leaves the competition in the dust! Our operational model has allowed us to compete with privately owned stores, national chains, and other franchise outlets. Over the past nine years, Sparkle Brite Pool Stores has grown to include 15 locations in the Southwest Florida counties of Sarasota, Manatee, and Charlotte. Along the way, the Sparkle Brite name has become synonymous with quality pool products and superior customer service.
The future strength of Ball N Bumpers is three-fold. * The brand-name recognition of the Balls N Bumpers name, which is already well known in Tasmania and will become known extensively across Australia, as a highly reputable provider of licensed clothing and accessories. * Buying power and product knowledge. It is often as important to know what not to stock in large quantities as it is to know what is HOT. We can assist you with what to buy, what not to buy and where to get it.
* The Balls N Bumpers System is unique. We have spent years identifying a gap in the sports products retail market. Ball N Bumpers sell only licensed products from suppliers approved by organizations such as the AFL, the V8 teams from Holden and Ford, the ARU, the NRL, the NBA, Cricket Australia and so on. Products are tracked on state of the art computer systems, with both strong and weak sellers quickly recognized and appropriate actions taken.