CLEARWATER, Fla., May 31, 2017 /PRNewswire/ -- Pinch A Penny Pool Patio and Spa, the world's largest swimming pool retail, service, and repair franchise, announced today its continued franchise expansion in Texas with the opening of three additional locations in Copperfield, South Katy and Spring, Texas. This rapid growth marks the brand's seventh store opening across the state since the beginning of 2016.
"We're thrilled to welcome three additional franchisees to the Pinch A Penny Pool Patio and Spa family," said John Thomas, CEO of Pinch A Penny Pool Patio and Spa. "We set our sights on the Lone Star State and the community response has been incredible. Pinch A Penny is experiencing tremendous growth and Texas continues to be a viable market for potential franchisees. We are eager to serve the greater Houston area and look forward to our franchisees' continued success and development throughout Texas."
The new location in Copperfield is located at 8945 Highway 6 North Suite #260 and is owned by husband-and-wife team Andre and Alena Massey. In addition to franchise ownership, Andre is currently involved in the oil and gas industry, while Alena previously served as a corporate trust analyst in the finance sector. The Masseys decided to pursue a venture with Pinch A Penny Pool Patio and Spa because of the extensive training and resources provided for them to successfully lead their own business.
The South Katy store is located at 9722 Gaston Road and is owned by local entrepreneurs Angel and Adriana Arciniegas, who have several years of experience in the retail industry. As the industry's leading pool retail, service and repair franchise, the duo saw an opportunity to provide a one-stop shop for local residents' swimming pool supply and service needs. The storefront is slated to open in mid-June.
The newest Pinch A Penny Pool Patio and Spa, located in Spring, will also open its doors in mid-June and will be located at 18486 Kuykendahl Road. This location is owned by Jim Hollebrands. Prior to franchising, Hollebrands was involved in the automotive industry. After more than 20 years in corporate, the entrepreneur will utilize his experience to own and operate his new business.
In addition to these latest openings, Pinch A Penny Pool Patio and Spa plans to open its first store in the Dallas area by the end of the year. The concept is continuing to target additional areas in Texas, including Austin, Brownsville, College Station, Corpus Christie, El Paso and San Antonio.
Pinch A Penny Pool Patio and Spa has developed a reputation for delivering best-in-class customer service and expertise while offering the highest quality in products and supplies. The brand currently has more than 230 retail stores across Florida, Alabama, Georgia, Texas and Louisiana. To fuel growth, Pinch A Penny is now seeking qualified candidates to become franchisees and expand its brand footprint in Texas and the Southeast. Interested candidates should have a minimum net worth of $125,000 and liquid assets of at least $50,000 per unit. Depending on the real estate site selected, franchisees can expect the total investment to be approximately $249,100 – $589,800 with an initial franchise fee of up to $50,000 depending on the business format.
About Pinch A Penny Pool Patio and Spa
Founded in 1975, Pinch A Penny Pool Patio and Spa has grown from one store to more than 230 locations across the Southeastern U.S. Priding itself on its superior customer service and expertise, the brand ranked in the Top 50 of FranchiseBusinessREVIEW's 2017 Franchisee Satisfaction Awards. Taking a family approach to business, Pinch A Penny provides its customers, franchisees and employees with all the necessary resources to carry on its tradition of quality, reliability and expertise in a fun, family oriented atmosphere. For more information, visit www.PinchAPenny.com.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/pinch-a-penny-pool-patio-and-spa-continues-texas-expansion-with-opening-of-three-additional-locations-in-greater-houston-area-300464437.html
SOURCE Pinch A Penny Pool Patio and Spa