Why Swimming Pool Franchises Will Be a Summer Success
As summer 2021 approaches, the days will become warmer, longer, and people will be eager to get outside. With summer heat and summer vacation comes the pool season, which begs the question – will swimming pool franchises make a splash this summer during the pandemic?
A recent study during COVID-19 from BusinessWire and Technavio found that the swimming pool industry is projected to grow by $3.56 billion between 2020-2024, progressing at a CAGR of over 2% with accounting for the impact of the coronavirus. One of the key market drivers attributed to the projection is a forecasted boom in the leisure industry. Some families who don’t feel safe traveling will stay home at their own (newly installed) pools, while others who feel comfortable getting out of the house will look for safe family activities like swimming for summer relaxation.
Nearly a year since the start of the pandemic, we now have extensive knowledge of how the virus transmits and which environments constitute the most risk. And according to the CDC, no evidence has been found to conclude that the coronavirus can spread through recreational waters. With proper chemical treatment, social distancing, keeping activity outdoors and following standard CDC protocols, swimming pools should be a safe, fun environment for everyone. Check out these swimming pool franchises projected for growth in 2021.
America’s Swimming Pool Company
As the nation’s largest and most trusted swimming pool service franchise system, with 257 locations across 22 states, America's Swimming Pool Company has made pool cleaning and maintenance a simple, safe service since 2002. In 2018 America’s Swimming Pool Company was recognized in Entrepreneur magazine’s Best of the Best Franchises list, which recognizes the 110 companies that ranked at the top of their industry categories in Entrepreneur’s 2018 Franchise 500® ranking. These rankings are based on a comprehensive evaluation of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability. To start a franchise with America's Swimming Pool Company, click here.
Pinch A Penny, Inc.
Pinch A Penny, Inc., the nation’s largest swimming pool retail, service and repair franchise, has over 250 locations open with over 45 years of sales growth. In 2019, locations that had operated for at least a year averaged annual gross sales of $1.3 million, with 38 percent exceeding that annual gross sale average. In 2020, Pinch A Penny was named the category leader in retail for franchisee satisfaction in the Top 200 Franchises by Franchise Business Review. They have been in the top 10 percent since the Franchise Business Review survey started in 2005. As the leading market research firm in the franchise industry, they surveyed over 28,000 franchisees from over 300 franchise brands to determine the best franchises of 2020 based on franchisee satisfaction. For more information on swimming pool franchise Pinch A Penny, Inc. click here.
Swimming pool cleaning and maintenance franchise Pool Scouts was recognized by Entrepeneur in 2018 for growing more than 50 percent and in 2019 receiving the 70th spot on the Top New Franchises list by Entrepreneur’s Franchise 500. With demand for pools skyrocketing due to COVID-19, the franchise experienced explosive growth in 2020 that it expects to continue in 2021 and beyond. To explore a franchise opportunity with Pool Scouts, click here.