Have questions about our franchise model? Wondering how the swimming pool industry can offer stable and steady growth? Take a look at our frequently asked questions. We can provide answers about our process, how our model works, and how you can start your own swimming pool business.
Below, we’ve outlined some of our most commonly asked questions. If you have specific questions regarding going into business as ASP, give us a call at (888) 814-8093. Alternatively, you can contact us online to request more information!
WHAT IS THE REVENUE POTENTIAL?
The swimming pool industry is a $15 billion a year growth industry that provides a stable recurring revenue stream. Over 40% of all swimming pool owners (and growing) hire a swimming pool company to clean the swimming pool for them, and the rest still need supplies and equipment. Pumps, filters, chlorinators, and heaters naturally wear out in the course of owning a pool.
Finally, pools are generally renovated every 7 to 9 years. Our franchise owners report a 65% annual growth rate and enjoy higher profitability than their competitors. As you move forward in the process, you will receive the Franchise Disclosure Document (Item 19), which has detailed information on ASP’s proven profitability.
WHY PAY A FRANCHISE FEE & ROYALTY INSTEAD OF GOING IT ALONE?
The return on the ASP investment has been proven many times over. Put simply, our owners have the resources, training and support, marketing strategies, and buying power to help them be successful faster, grow larger, and earn more. Clients trust and prefer ASP’s professionalism and reputation for excellence as the leading brand in a fragmented, less-professional industry, and franchise owners open their doors with this immediate credibility. Also, high performers are rewarded with a lower royalty rate, and our average royalty is only 5.5%-further evidence that the franchise is helping them earn more. Over the life of your franchise, the buying power alone repays your franchise fee two to threefold minimum. One retail vendor program provides $20,000 of marketing dollars to any franchise of ours that opens a retail store. This marketing program alone pays most of the franchise fee for you.
WHAT ARE THE FINANCIAL & OTHER REQUIREMENTS TO BE AWARDED AN ASP FRANCHISE?
As you to learn about ASP, we also want to learn about you. We are looking for motivated people with a desire to succeed in our industry. The ideal ASP candidate has:
Good interpersonal and communication skills
Strong work ethic and commitment to quality service and integrity
Full-time commitment to the success of the ASP location
Access to at least $75,000 in capital to provide a healthy start
Sales or marketing experience is a bonus, but it is not required.
WILL THIS HELP ME BUILD THE FUTURE I WANT?
Intelligent, business-minded people will tell you that the single greatest way to build wealth and shape your destiny is through self-employment. When it is time to retire or to “cash out” the equity you have worked so hard to build in your business, it will be worth as much as you have put into it and the brand you represent.
WHAT WOULD I DO EACH DAY?
We make our living in the swimming pool cleaning, equipment replacement/repair, and renovation business. Most of our franchisees operate out of their homes or a small office. Some have opened retail stores, while others have entered into swimming pool construction. Overall, pool cleaning is approximately 40% of our total revenue, equipment replacement/repair makes up 20%, the retail sale of products and goods (does not mean there is a retail store) makes up around 20%, and pool renovations the remaining 20%. These percentages fluctuate in various markets, but this is the nationwide average. In short, with multiple revenue streams, you can adapt your business to the needs of your market. Your daily schedule would be dictated by what brings you the most revenue.
WHAT IS THE PROCESS FOR BEING AWARDED AN ASP FRANCHISE?
Here are the 5 steps to a future with ASP:
Education and Information – learn more about a franchise opportunity with ASP and help us learn about you.
Disclosure – we’ll provide you with our Franchise Disclosure Document for you to review.
Validation – come out for a Meet The Team Day and get to know our team more.
Franchise Award – you will be awarded with a franchise territory and learn the next steps in becoming an ASP Partner!
Execute the Franchise Agreement – in this last and final step we will execute the franchise agreements and you will begin registration for Pool School.