Puddle Pool Services Franchise
Audited FinancialsRisk Score
Pending analysis
Investment Range
$95,100 - $118,800
Franchise Fee
$49,500
Total US Locations
3
Business Summary
Puddle Pool Services operates a professional residential and commercial pool, spa, hot tub, and water features cleaning and maintenance services business. Franchisees use the Puddle Pool Services trademarks and distinctive operating procedures and standards to provide these services to customers in designated areas.
Corporate History
Puddle Pool Services USA, Inc. was formed as a corporation in Wyoming on September 29, 2021, and began offering franchises on January 24, 2023. It is an affiliate of Puddle Pool Services Ltd., a British Columbia-based corporation incorporated in 2018. Another affiliate, Feels Like Friday Service Brands, Inc., was initially incorporated in 2012. The CEO and Founder, Mark Amery, has over 20 years of experience in the Home Services Sector, having founded and grown multiple home service brands.
Financial Overview
Investment Range
$95,100 - $118,800
Franchise Fee (Low)
$49,500
Franchise Fee (High)
$49,500
Royalty %
7%
Marketing %
2%
Equipment Costs (Low)
$13,500
Equipment Costs (High)
$19,000
Working Capital
$13,500
Audited Financials
Yes
Offers Financing
No
Audit Opinion
Unqualified opinion
Financial Health Notes
Puddle Pool Services USA, Inc. reported a net loss of $35,217 and negative shareholders' equity of $35,117 for the year ended December 31, 2023. The company also has a related party payable of $35,656. While the auditor's opinion is unqualified, the financial statements indicate the company is at an early stage of development with a limited operating history and currently operating at a loss, which is noted as a risk in the FDD.
Financing Details
Puddle Pool Services does not offer any direct or indirect financing to its franchisees. The franchisor also does not guarantee any notes, leases, or other obligations on behalf of franchisees. Franchisees are responsible for securing their own financing.
Performance Metrics
Total US Locations
3
Franchised Units
2
Corporate Units
1
Franchising Since
2023
Legal & Compliance Analysis
Recent Litigation
No
Bankruptcy
No
Litigation Summary
Puddle Pool Services has no litigation history to disclose in Item 3 of its Franchise Disclosure Document. The company states that no litigation is required to be disclosed in this item.
Bankruptcy History
Puddle Pool Services has no bankruptcy history to disclose in Item 4 of its Franchise Disclosure Document. The company states that no bankruptcies are required to be disclosed in this item.
Agreement Terms
Initial Term
10 years
Renewal Term
10 years
Renewal Conditions
To renew their Puddle Pool Services franchise, franchisees must be in full compliance with the agreement and have had no more than three defaults during the current term. They must provide written notice at least ten months before the term ends, execute a new franchise agreement (which may have different terms), pay a renewal fee equal to 50% of the then-current initial franchise fee, upgrade their business assets to meet current specifications, sign a general release, and comply with all current training requirements.
Training & Support Program
Franchisor Assistance
Before a Puddle Pool Services franchisee opens, the franchisor designates the territory, provides access to the operations manual, and gives a list of required equipment and supplies. Franchisees must complete an 86-hour Initial Management Training Program at a designated location (Vancouver, BC, Murrieta, CA, or Las Vegas, NV, or virtually). After opening, ongoing assistance includes offering mandatory or optional additional training programs, remedial in-territory training upon request (for a fee plus expenses), and individualized assistance by phone or email within reasonable limits. Puddle Pool Services also provides advertising materials, maintains the brand website with a link to the franchisee's business, and recommends pricing parameters. The franchisor also approves all franchisee advertising and office relocation requests.
Initial Training Hours
86
Training Location
Virtual
Ongoing Support
After opening, Puddle Pool Services franchisees may be required to attend mandatory additional training programs or an annual business meeting/convention for up to five days per year at a location designated by the franchisor. Remedial in-territory training and individualized assistance are available upon request via telephone or electronic mail. The franchisor also provides samples of advertising and promotional materials, maintains the Puddle Pool Services website with a link to the franchisee's business, and recommends minimum and maximum prices for services. All franchisee advertising must be approved by the franchisor, and office relocations are subject to franchisor approval.
Franchise Requirements
Ideal Candidate Profile
Puddle Pool Services seeks individuals who will make all commercially reasonable efforts to operate their franchised business to achieve optimum sales. Candidates, or their designated General Manager, must successfully complete an 86-hour Initial Management Training Program, meet Puddle Pool Services' standards and criteria, and be acceptable to the franchisor in its sole discretion. The General Manager must devote full-time to the business and cannot have an interest in any competing business. Franchisees must also comply with all federal, state, and local laws, obtain necessary permits and licenses, and conduct background checks on prospective employees. They should possess the aptitude and financial capacity to operate the business.
Industry Experience Required
No
Management Experience Required
No
Sales Experience Required
No
Technical Skills Required
No
Operational Details
Location Type
Home-Based
Owner Participation
Supervisory
Territory Type
Protected
Territory Size Requirements
Puddle Pool Services territories are defined by contiguous zip codes and must contain a minimum of 10,000 households with pools, based on the most recent census data and determined by a third-party mapping service. The specific Protected Area is attached to the Franchise Agreement.
Staffing Notes
Puddle Pool Services franchisees are required to hire and train staff, including a general manager if the franchisee does not personally manage the day-to-day operations. The general manager must successfully complete the Initial Management Training Program, devote full-time to the job, and not have any conflicting business interests. Franchisees are responsible for conducting background checks on all prospective employees, particularly for positions involving entrance to residences, and must not hire individuals with a propensity for violence, dishonesty, or certain criminal convictions. All employees with access to proprietary information must sign confidentiality and non-compete agreements.