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Description
Investment Icon

What Are the Initial Investment Requirements for a Poolwerx Franchise?

To open a Poolwerx franchise, prospective franchisees should prepare for an initial investment ranging from $182,072 to $430,322. This includes a franchise fee of $49,500, alongside ongoing expenses such as a 7% royalty fee and a 3% marketing fee. It's essential to have a net worth between $500,000 and $1,000,000 to meet the financial prerequisites for franchise ownership.

Fees Icon

What Is the Revenue Potential for a Poolwerx Franchise?

Poolwerx franchises have an impressive average annual revenue of $2,154,423, with a median annual revenue of $1,767,986. The revenue can vary significantly, with the lowest annual revenue reported at $152,548 and the highest reaching $7,524,054. This revenue potential underscores the opportunity for franchisees to achieve substantial profitability in the pool services industry.

Revenue Icon

What Are the Financial Metrics for Poolwerx Franchisees?

Franchisees can expect to see a breakeven point within 24 months, making it a relatively quick return on investment. The average EBITDA stands at $850,347, representing 21.6% of total revenue, while operating expenses account for 78.4% of revenue at $3,093,651. Understanding these metrics is crucial for potential franchisees to assess financial viability and operational efficiency.

Breakeven Icon

How Has Poolwerx Expanded Its Franchise Network?

Poolwerx has demonstrated steady growth in its franchise network, with 61 franchised units in 2020, 59 in 2021, and 62 in 2022. The company also operates a few corporate units, which can provide additional support and resources to franchisees. This expansion reflects the brand's commitment to increasing its market presence and supporting its franchisees in achieving success.

Poolwerx Franchise Financial Requirements

Below, you’ll find an overview of the initial investment needed to launch the business, along with the ongoing fees required by the franchisor to maintain operations over time.

Net Worth Required icon The minimum total assets (minus liabilities) you must possess.

i Net Worth Required:

$500,000 - $1,000,000
Investment Payback icon The estimated period to recoup your total investment.

i Investment Payback:

24 Months
Franchise Fee icon The initial fee paid to join the franchise system.

i Franchise Fee:

$49,500
Royalty Fee icon Ongoing percentage of revenue paid to the franchisor.

i Royalty Fee:

7%
Marketing Fee icon Regular contribution toward the franchise’s advertising fund.

i Marketing Fee:

3%
Breakeven Time icon The estimated timeframe to recover your initial costs.

i Breakeven Time:

24 Months
Initial Investment icon The total amount required to launch the franchise.

i Initial Investment:

$182,072 - $430,322
Cash Required icon The minimum liquid capital you must have on hand.

i Cash Required:

$182,072 - $430,322
Average Revenue icon The typical yearly revenue generated per franchise location.

i Average Revenue:

$2,154,423
Median Revenue icon The middle value of yearly revenue among franchise locations.

i Median Revenue:

$1,767,986
Highest Revenue icon The largest reported annual revenue among franchisees.

i Highest Revenue:

$7,524,054
Lowest Revenue icon The smallest reported annual revenue among franchisees.

i Lowest Revenue:

$152,548
Industry icon A broad sector defining similar types of franchise businesses.

i Industry:

Home Based Franchises
Category icon A more specific division within the broader industry.

i Category:

Home Repair Services
Leadership icon The key individuals guiding the franchise’s strategy and growth.

i Leadership:

John O'Brien
Corporate Address icon The official business address of the franchisor’s headquarters.

i Corporate Address:

4801 Spring Valley Road, Suite 103A Farmers Branch TX 75244
Funding Year icon Available financing options to help start the franchise.

i Funding Year:

2015
Parent Company icon The main organization that owns the franchise brand.

i Parent Company:

Poolwerx USA LLC

Poolwerx Franchise Unit Growth Summary

A breakdown of corporate, franchised, and total units, with yearly net changes.

The overall number of operating franchise locations.

Total Units i

63
The number of locations owned by independent franchisees.

Franchised Units i

62
The number of locations owned and run by the franchisor.

Corporate Units i

1
Units 2020 2021 2022
Total Units 63 61 63
Net Change YoY -2 2
Franchised Units 61 59 62
Net Change YoY -2 3
Corporate Units 2 2 1
Net Change YoY 0 -1
Investment About

Investment Overview

The initial investment required to open a Poolwerx franchise ranges from $182,072 to $430,322. This includes a franchise fee of $49,500, with ongoing royalty and marketing fees set at 7% and 3% of gross sales, respectively. Potential franchisees should also have a net worth between $500,000 and $1,000,000 to qualify for ownership.

Potential About

Financial Performance

Poolwerx franchises generate significant revenue, with an average annual revenue per unit of approximately $2,154,423. The median annual revenue is reported at $1,767,986, while revenues can vary widely, ranging from $152,548 to as high as $7,524,054. This financial potential can lead to a breakeven period of about 24 months.

Metrics About

Franchise Growth

The Poolwerx franchise network has seen steady growth in the number of franchised units, with 62 units reported in 2022, up from 59 in 2021 and 61 in 2020. This indicates a stable interest in the brand and its offerings, reflecting a solid foundation for future expansion.

Fees About

Corporate Structure

Poolwerx operates with a mix of franchised and corporate-owned units. As of 2022, there were 62 franchised units and only 1 corporate unit, showing a strong franchise model focused on empowering individual operators while maintaining a small corporate presence.

Breakeven About

Operational Insights

Average operating expenses for a Poolwerx franchise amount to approximately $3,093,651, accounting for 78.4% of revenue. The EBITDA margin stands at 21.6%, indicating a healthy profit potential after covering operational costs. Understanding these metrics is crucial for franchisees aiming to optimize their financial performance.

Units About

Support and Training

Poolwerx provides comprehensive support and training for its franchisees, equipping them with the necessary tools and knowledge to succeed. From initial onboarding to ongoing operational guidance, franchisees can expect a robust support system designed to enhance their business acumen and operational efficiency.

Frequently Asked Questions

The initial investment for a Poolwerx franchise ranges from $182,072 to $430,322, which includes the initial franchise fee of $49,500.