Premier Pools Spas offers franchises in pool and spa construction and remodeling using their proprietary system. Known for high-quality installations, this franchise operates under the tradenames Premier Pools & Spas or Pinnacle Pools & Spas.
The total initial investment necessary to begin operation of a Premier Pools & Spas or a Pinnacle Pools & Spas franchise ranges from $58,950 to $122,190. This includes $45,000 that must be paid to the franchisor or affiliate [p.1].
The initial franchise fee is $45,000 and it is due upon signing the Franchise Agreement. This amount is non-refundable [p.103].
The ongoing royalty fee is 3.5% of Gross Revenues for the first 24 months, increasing to 4% thereafter [p.104]. For advertising, the franchisor administers Marketing Programs using fees collected from franchisees, with no guarantee of direct benefit or proportionate share for individual franchisees [p.101, p.39]. Local franchisees are required to spend at least 1.25% of their Gross Revenues on local marketing efforts [p.40].
This isn't specified in the excerpts.
According to the FDD, you can sell or transfer your franchise, but it requires good cause as determined by the franchisor [p.129]. The franchisor has the right to refuse such transfers except for good cause, which includes provisions like a right of first refusal [p.5].
The franchisor may terminate the agreement on any grounds available by law [p.76]. Additionally, the franchisor can terminate the agreement if there is a failure by the franchisee to comply with lawful provisions of the franchise agreement and such failure is not cured within a reasonable period, which cannot exceed 30 days [p.5].
The franchisor expects you to maintain sufficient working capital so that total current assets are greater than total current liabilities at all times during the term of the agreement [p.93]. Additionally, you should have a net worth that is deemed adequate by the franchisor's opinion to fulfill your responsibilities under the agreement [p.93]. These requirements ensure you can operate the franchise diligently and in a manner consistent with sound business practices.
No, you do not receive an exclusive territory. You may face competition from other franchisees, outlets owned by the company, or other competitive brands controlled by them within your designated geographic territory [p.44]. The territory is generally defined to include 1 to 4 counties and is based on market size that the franchisor believes you can service [p.44], but this isn't specified in the excerpts.
The franchisor provides initial live training to the franchisee, their owners, and the Manager before operations begin [p.99, p.100]. This includes both in-person and online components [p.99, p.100]. For ongoing support, the franchisor may require attendance at additional mandatory training programs not exceeding 4 days per year [p.99]. All training materials are confidential and remain the property of the franchisor [p.99].
As of December 31, 2025, there were 16 franchised outlets operating under the 'Pinnacle Pools & Spas' mark. However, this number does not include data from the 17 franchised businesses that closed during 2025 [p.59]. The turnover rate indicates that more than 28% of franchised outlets were terminated over the last three years [p.4], suggesting a high percentage of closures or terminations.
The franchisor does not share any specific financial performance or earnings information. However, if you are purchasing an existing outlet, they may provide actual records of that outlet's performance [p.60]. Additionally, written substantiation for any financial performance representation can be provided upon reasonable request [p.60].
You are restricted to offering and selling only the items and services approved by the franchisor, unless you receive prior written consent. You must operate in strict conformity with the System Standards as specified in the Manual or otherwise in writing [p.53]. Regarding supply purchases, you may have to buy or lease certain items from the franchisor or a limited group of suppliers designated by them, which might be more expensive than other options [p.3].