About Premier Pools and Pinnacle Pools - Virginia Renewal 0608 Franchise
Premier Pools & Spas is a franchise system in which franchisees market, sell, and supervise the construction and remodeling of swimming pools and spas.
Franchisees do not perform the actual construction themselves but instead hire contractors to perform those services.
The franchise operates under the Premier Pools & Spas or Pinnacle Pools & Spas brand names depending on market availability.
Premier Pools and Pinnacle Pools - Virginia Renewal 0608 Franchise Cost & Fees
Minimum Investment
$53K
Average Investment
$83K
Maximum Investment
$113K
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $45,000 | One-time payment upon signing |
| Royalty Fee | 3.5% of Gross Revenues for first 24 months, then 4% of Gross Revenues of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | $500 per month for first 12 months, then up to 1% of Gross Revenues | National brand fund |
| Total Investment Range | $53,000 – $112,500 | Includes build-out, inventory, working capital |
The investment range of $53K–$113K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (3.5% of Gross Revenues for first 24 months, then 4% of Gross Revenues) and marketing fee ($500 per month for first 12 months, then up to 1% of Gross Revenues) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee | $45,000 | $45,000 |
| Real Estate Expenses | $0 | $20,000 |
| Office / Showroom Expenses | $0 | $8,500 |
| Vehicle | $0 | $5,250 |
| Computer and Communication Equipment, Software and Services | $2,100 | $5,000 |
| Insurance | $2,000 | $8,750 |
| Training Expenses | $500 | $3,000 |
| Business Licenses / Permits | $200 | $1,000 |
| Professional Fees | $0 | $5,000 |
| Uniforms | $200 | $1,000 |
| Additional Funds for 3 Month Initial Period | $3,000 | $10,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $10,000 |
| Renewal Fee | 50% of then-current initial franchise fee |
| Technology Fee | Up to 1% of Gross Revenues (not currently charged) |
| Audit Fee | Cost of audit or inspection and related expenses (expected $500 to $1,000 per day or partial day) |
| Late Fee | $100 plus 1% of past due amount per month |
| Interest | Lesser of 1% per month or maximum rate permitted by law |
| Project Management Software Maintenance Fee | $200 for the first user and $20 for each additional user per month |
| Additional Assistance Fee | Up to $500 per day |
| Indemnification Costs | Cost of defending and resolving indemnified claims (expected $250 to $500 per hour, plus costs) |
| Dispute Resolution Costs | Costs, expenses, reasonable attorneys' fees (expected $250 to $500 per hour, plus costs) |
| System Standards Upgrades | Expenditures necessary to comply with modified System Standards |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | 55 hours online plus 40 hours live training |
| Classroom Training | 55 hours (45 online + 10 live) |
| On-the-Job Training | 30 hours (live training on-the-job) |
| Training Location | Online training at franchisee's choice; live training in Sacramento area, California |
| Additional Training | Optional and mandatory additional or refresher training programs, not more than 4 business days per year |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Exclusive (conditional on meeting minimum performance obligations) |
| Exclusive Territory | Yes |
| Territory Size | Generally 1 to 4 counties |
| Description | Each franchisee is allocated a specified geographic territory designated by contiguous zip code regions, by street or other physical boundaries, or by city, county or other political boundaries. Territory is exclusive for the types of pool construction allocated, subject to meeting minimum sales quotas and remaining in good standing. Failure to meet performance requirements may result in loss of exclusivity or territory reduction. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 7 years |
| Renewal Term | 5 years |
| Renewal Fee | 50% of then-current initial franchise fee |
| Renewal Conditions | Written notice, no default, sign new agreement, pay renewal fee. The new agreement may have materially different terms than the original contract. |
| Transfer Fee | $10,000 |
| Transfer Conditions | Written notice, transferee qualifications, no default, payment of transfer fee, sign general release, execute new franchise agreement, and others |
| Termination for Cause | If franchisee defaults or otherwise breaches the Franchise Agreement, or certain events occur (like bankruptcy), or a material term of the Franchise Agreement is held invalid. 10-day cure period for late payments and reports; 30-day cure period for many other defaults. |
| Non-Compete Period | During term and post-termination (subject to state law) |
| Non-Compete Details | Prohibitions on diverting business to competitors, involvement in any similar business, soliciting employees during the term and after termination or expiration of the franchise (subject to state law) |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | Yes |
| Participation Details | You (if individual) or one of your owners (if entity) owning at least 10% equity interest must devote full time, energy, attention, and best efforts to the management and operation of the Franchised Business. You and your officers, directors, owners and managers may not participate in any other business without prior express written consent. |
| Required Suppliers | Pool equipment and building materials must be purchased from approved suppliers. The franchisor's affiliate is the sole approved supplier for printed marketing materials and promotional items. |
| Supply Restrictions | Franchisees must purchase certain items and services only from suppliers approved by the franchisor in writing. Currently there are 16 supplier agreements where approved suppliers pay a rebate of 0% to 25% of the purchase price. |
| Franchisor Revenue from Suppliers | $9,483,136 in fiscal year 2021, all paid to affiliate PPMC |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | We do not offer direct or indirect financing. We do not guarantee your notes, leases or any other obligations. |
Premier Pools and Pinnacle Pools - Virginia Renewal 0608 Franchise Earnings — Item 19
Average Revenue
$5.8M
Median Revenue
$3.4M
Sample Size
70 units
Past financial performance does not guarantee future results. Individual results will vary.
Premier Pools and Pinnacle Pools - Virginia Renewal 0608 Litigation & Risk Flags
Clean Litigation RecordPremier Pools and Pinnacle Pools - Virginia Renewal 0608 has no pending litigation actions listed in their FDD.
Bankruptcy History DisclosedA bankruptcy disclosure is present in this FDD.
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Premier Pools and Pinnacle Pools - Virginia Renewal 0608 System Growth
Total Units
102
Franchised
101
Company-Owned
1
Premier Pools and Pinnacle Pools - Virginia Renewal 0608 currently operates 101 franchised locations and 1 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2019 | 10 | 1 | 50 |
| 2020 | 24 | 1 | 73 |
| 2021 | 30 | 3 | 101 |
Transfers: 0 | Closures: 3
State Registrations
Registered in 24 states: AR, CA, CT, GA, HI, IL, IN, IA, LA, MD, MI, MN, MO, NE, NJ, NY, NC, ND, RI, SC, SD, VA, WA, WI
Premier Pools and Pinnacle Pools - Virginia Renewal 0608 Franchise — FAQ
The total investment to open a Premier Pools and Pinnacle Pools - Virginia Renewal 0608 franchise ranges from $53,000 to $112,500, per their Franchise Disclosure Document. This includes the initial franchise fee of $45,000. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
Premier Pools and Pinnacle Pools - Virginia Renewal 0608 charges a royalty fee of 3.5% of Gross Revenues for first 24 months, then 4% of Gross Revenues of gross sales, plus a $500 per month for first 12 months, then up to 1% of Gross Revenues contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the Premier Pools and Pinnacle Pools - Virginia Renewal 0608 Franchise Disclosure Document free on this page. The FDD is a public document filed with state franchise registries. Always also request the current FDD directly from Premier Pools and Pinnacle Pools - Virginia Renewal 0608 to ensure you have the most up-to-date version.
According to the Item 19 financial performance representation in their FDD, Premier Pools and Pinnacle Pools - Virginia Renewal 0608 franchise owners report average revenue of $5.8M and median revenue of $3.4M. This is based on a sample of 70 units. Past performance does not guarantee future results.
Premier Pools and Pinnacle Pools - Virginia Renewal 0608 has been franchising since 2014. The FDD shows an investment range of $53,000-$112,500, a 3.5% of Gross Revenues for first 24 months, then 4% of Gross Revenues royalty, and includes an Item 19 earnings disclosure. There is no pending litigation. Review the full FDD and contact current franchisees listed in Item 20 before making any investment decision.
The franchise fee is $45,000 and the total investment ranges from $53,000 to $112,500 depending on location size and market. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.
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Data Source & Disclaimer: This website is for informational purposes only. It is not an offer to sell or buy a franchise. This profile is based on publicly available FDD data sourced from state franchise registry filings. All information is for research purposes only and does not constitute legal, financial, or investment advice. Data may be outdated or contain errors. Always obtain the current FDD directly from Premier Pools and Pinnacle Pools - Virginia Renewal 0608 and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with Premier Pools and Pinnacle Pools - Virginia Renewal 0608 or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com