5/10

Franchimp Summary Rating

2 /10
Higher than 87% of peers

Franchise Summary

Description
Premier Pools & Spas is a leading pool builder in the U.S. known for its custom designs and franchise model, offering a wide range of services including construction and maintenance. In contrast, Pinnacle Pools & Spas specializes in high-end, luxury pool and spa construction, focusing on bespoke solutions and outdoor living enhancements for an upscale market.
Corporate Structure
We are a Nevada limited liability company that was originally formed as a Nevada corporation on August 26, 2014 and then converted to a limited liability company on October 29, 2020. We are in the business of granting franchises and providing initial and ongoing support to our franchisees. Our principal business address is 235 Noah Drive, Suite 500, Franklin, TN 37064. Our agents for service of process are listed in Exhibit B. We have never done business under any name other than 'Premier Franchise Management,' 'Premier Pools & Spas,' 'Premier Pools,' or 'Pinnacle Pools & Spas.' We have never conducted a business of the type operated by our franchisees. We began offering Premier Pools & Spas franchises in October 2014 and offering Pinnacle Pools & Spas franchises in May 2017. Before that, we had never offered franchises in any line of business. We do not currently engage in any other business; however, we reserve the right to engage in other business activities.
Investment and Franchisee Fees
The total investment necessary to begin operation of a Premier Pools & Spas or a Pinnacle Pools & Spas franchise is between $58,950 and $119,000. This includes $45,000 that must be paid to the franchisor or affiliate.

Earnings Transparency

7 /10
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry

Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet

Financial Performance of "Standard" Units

Average Revenue Per Unit

Compared vs. Home Improvement & Remodeling Industry

$5,767,808 / unit

Franchise Type: Standard

Average Revenue During 2021

$5,767,808
$157,245
Industry Low
$7,947,014
Industry High

Premier Pools & Spas Franchise System Development in 2022

FAQ

How much investment do I need to start my own Premier Pools & Spas business?
Franchisees typically require at least $58 to $119 investment to get their Premier Pools & Spas business started
What are the initial franchise fees for Premier Pools & Spas ?
Franchisees typically need to pay at least $45 in fees directly to Premier Pools & Spas in order to earn the right to launch their business
How much money can I make with a Premier Pools & Spas franchise? What are the average revenues for a typical Premier Pools & Spas business?
We estimate that the average revenue of an individual Premier Pools & Spas unit is approximately $5,767,808. We based this on Item 19 in franchise disclosure document
How long do I need to commit to running a Premier Pools & Spas unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

Accessibility

2 /10
The Franchisor's investment costs ranges from $225,500 to $515,500 which is Much Higher than the $0 to $0 average in the Home Improvement & Remodeling 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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