Pinch-A-Penny Franchise System Development in 2016
Historical Pinch-A-Penny System Growth
FAQ
How much investment do I need to start my own Pinch-A-Penny business?
Franchisees typically require at least
$289,000 to
$413,000 investment to get their
Pinch-A-Penny business started
What are the initial franchise fees for Pinch-A-Penny?
Franchisees typically need to pay at least
$37,500 in fees directly to
Pinch-A-Penny in order to earn the right to launch their business
How much money can I make with a Pinch-A-Penny franchise? What are
the average revenues for a typical Pinch-A-Penny business?
We haven’t done the math on how much revenue a typical
Pinch-A-Penny brings in each year. We estimate that other
franchisees in the Retail industry generate
$0 revenue, so we would expect
Pinch-A-Penny to generate a similar amount
How long do I need to commit to running a Pinch-A-Penny unit? What
is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are
also generally 10 years
Accessibility
7 /10
The Franchisor's investment costs ranges from
$123,330 to $171,676
which is
Much Lower
than the $210,550 to $455,143 average in the Retail Stores industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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