Poolwerx logo

Poolwerx Franchise

Audited Financials
Home ServicesEst. 2015Farmers Branch, TX
www.poolwerx.com

Risk Score

Pending analysis

Investment Range

$94,400 - $350,500

Franchise Fee

$44,550

Total US Locations

95

Business Summary

Poolwerx establishes and operates vehicle-only or vehicle and retail locations that offer pool maintenance services, pool cleaning, installation and remodel services, and retail pool supplies and services under the POOLWERX® trademark. Franchisees typically start with a mobile unit and are generally required to develop a retail store within 24 months.

Corporate History

Poolwerx Franchise Management LLC was organized as a Delaware limited liability company on January 29, 2015, and began offering franchises in March 2015. Its direct parent company is Poolwerx USA, LLC, and the ultimate controlling entity is Wells Fargo & Company. An affiliate, Poolwerx Development LLC, acquired the assets of Cactus Valley in March 2015, and Poolwerx no longer offers franchises under the Cactus trademark. Poolwerx Holdings Pty Ltd, an Australian affiliate, owns the trademarks used by the Poolwerx franchise and sells franchises in Australia and New Zealand.

Financial Overview

Investment Range

$94,400 - $350,500

Franchise Fee (Low)

$44,550

Franchise Fee (High)

$49,500

Royalty %

7%

Marketing %

3%

Equipment Costs (Low)

$6,500

Equipment Costs (High)

$85,000

Working Capital

$37,500

Audited Financials

Yes

Offers Financing

No

Audit Opinion

Unqualified opinion

Financial Health Notes

The FDD highlights Poolwerx's financial condition as a special risk, noting that it calls into question the franchisor's financial ability to provide services and support to franchisees, despite the parent company's commitment to provide support as needed. Poolwerx has a significant and growing accumulated deficit, which was -$4,946,207 as of December 31, 2024, and had increased to -$5,597,576 as of March 31, 2025. While the auditors issued an unqualified opinion on the consolidated financial statements, the FDD itself explicitly warns potential franchisees about the franchisor's financial health.

Financing Details

Poolwerx does not offer any direct or indirect financing to its franchisees. Additionally, Poolwerx does not guarantee a franchisee's note, lease, or other obligations.

Performance Metrics

Total US Locations

95

Franchised Units

95

Corporate Units

0

Avg Square Footage

1,500

Franchising Since

2015

Agreement Terms

Initial Term

10 years

Renewal Term

10 years

Renewal Conditions

To renew their Poolwerx franchise, franchisees must satisfy specific 'Transition Event Conditions,' including paying a renewal fee. They must be compliant with the Franchise Agreement's provisions, have installed and be using the required software, and prove they have valid occupancy rights for their premises without being in breach. Franchisees must also have developed a retail location if they initially started with a mobile unit. When renewing, franchisees might be required to sign a new contract with terms and conditions that differ materially from their original agreement. Poolwerx franchisees must provide written notice of their intent to renew between 6 and 9 months before their current term ends.

Training & Support Program

Franchisor Assistance

Before opening, Poolwerx designates marketing areas, provides site selection guidelines and assistance, and approves the site lease. Poolwerx also provides prototype plans and specifications for retail locations and conducts initial training for the principal owner and manager. After opening, Poolwerx reviews any advertising and manages the Marketing Fund. Poolwerx may also offer advice and assistance on inventory management, new product and equipment developments, technical support, employee and supplier relations, business promotion, local area marketing, sales techniques, client relations, System compliance, employee training, premises design, bookkeeping, accounting, consulting, merchandising, and market research. Poolwerx conducts periodic mandatory advanced training programs, updates the operating manuals, and performs inspections of franchised operations.

Initial Training Hours

165

Training Location

Farmers Branch, Texas

Ongoing Support

After opening, Poolwerx provides ongoing support by reviewing any franchisee-developed advertising and managing the Marketing Fund. Poolwerx may also offer continuous advice and assistance on topics such as inventory management, new product and equipment developments, technical assistance, employee and supplier relations, business promotion, local area marketing, sales techniques, client relations, System compliance, employee training, premises design, bookkeeping, accounting, consulting services, merchandising, marketing, advertising, and research data. Poolwerx conducts periodic mandatory advanced training programs for franchisees, managers, and employees. Poolwerx also updates the operating manuals and performs inspections of the franchised businesses.

Franchise Requirements

Industry Experience Required

No

Management Experience Required

No

Sales Experience Required

No

Technical Skills Required

No

Operational Details

Location Type

Hybrid

Owner Participation

Hands-On

Territory Type

Limited

Territory Size Requirements

Poolwerx defines its marketing areas based on known pool population and regional factors. Each territory is specifically identified by zip codes or carrier codes. While the FDD mentions that a map may outline these boundaries, the zip or carrier codes will prevail in case of any discrepancy. Poolwerx reserves the right to change the Marketing Area upon renewal to account for demographic shifts or other regional changes to ensure efficient client servicing and system operation.