Ultra Pool Care Squad logo

Ultra Pool Care Squad Franchise

Audited Financials
Home ServicesEst. 2021Knoxville, TN
ultrapoolcaresquad.com

Risk Score

Pending analysis

Investment Range

$74,305 - $101,230

Franchise Fee

$12,500

Min Cash Required

$15,000

Total US Locations

4

Business Summary

Ultra Pool Care Squad offers franchises for businesses that provide commercial and residential pool care, cleaning, maintenance, and repair services, along with related products. These businesses operate using Ultra Pool Care Squad's brand and system, offering a range of pool-related services to property owners.

Corporate History

Ultra Pool Care Squad Franchise USA, Inc. was formed as a Nevada corporation in March 2021 and began franchising in July 2021. Its parent company, PF Global Business Group USA, Inc., was organized in Nevada in July 2019, and is controlled by an ultimate parent, PF Global Business Group AU 1 Pty Ltd, an Australian company formed in April 2013. The broader Explore Industries group, which includes Ultra Pool Care Squad, is a major manufacturer of composite fiberglass swimming pools globally. While other affiliates have offered pool sale franchises in Australia, Ultra Pool Care Squad began offering pool care franchises in the U.S. in 2021.

Financial Overview

Investment Range

$74,305 - $101,230

Franchise Fee (Low)

$12,500

Franchise Fee (High)

$25,000

Minimum Cash Required

$15,000

Royalty %

7.5%

Marketing %

2.5%

Equipment Costs (Low)

$19,000

Equipment Costs (High)

$26,600

Working Capital

$17,500

Audited Financials

Yes

Offers Financing

No

Audit Opinion

Going concern qualification

Financial Health Notes

Ultra Pool Care Squad is an early-stage company that has experienced losses since it started. Its operations have been funded through loans from related affiliates. These affiliates have pledged to continue providing financial support to Ultra Pool Care Squad until at least April 30, 2025. This indicates a going concern qualification in their financial statements.

Financing Details

Ultra Pool Care Squad does not offer any direct or indirect financing to its franchisees. Additionally, Ultra Pool Care Squad does not guarantee any notes, leases, or other obligations for its franchisees.

Performance Metrics

Total US Locations

4

Franchised Units

4

Corporate Units

0

Franchising Since

2021

Agreement Terms

Initial Term

5 years

Renewal Term

5 years

Renewal Conditions

To renew their Ultra Pool Care Squad franchise, franchisees must provide written notice between 3 and 12 months before their current agreement expires. They must be in full compliance with the franchise agreement, including all financial obligations, and complete any required refresher training. A renewal fee of $2,500 is due at least 30 days before expiration, although this fee is waived if the franchisee operates two or more approved vehicles. Franchisees must also sign Ultra Pool Care Squad's then-current franchise agreement, which may have different terms, and execute a general release of claims. Finally, they must upgrade and modernize their business to meet current brand standards.

Training & Support Program

Franchisor Assistance

Ultra Pool Care Squad provides several forms of assistance. Before opening, they approve the Designated Owner, define the Protected Territory, provide lists of approved supplies and suppliers, offer initial training programs, and grant access to confidential operation manuals. Ongoing support includes operating a Designated Accounts program, providing advisory services on business operations (products, purchasing, employee relations, marketing, and procedures), periodically updating the operation manuals, administering the Marketing Fund, and offering additional assistance and training as needed. They also provide System Call Center services and pricing suggestions.

Initial Training Hours

43

Training Location

Knoxville, TN (combination of virtual and in-person)

Ongoing Support

After opening, Ultra Pool Care Squad provides ongoing advisory services for business operations, including guidance on products, services, supply purchasing, employee relations, marketing, and operational procedures, delivered through manuals, bulletins, phone, or meetings. They also provide updated manuals, administer the Marketing Fund, and offer additional training as deemed appropriate. Franchisees will participate in a System Call Center and are required to attend an annual conference to network and learn new skills, for which travel and living expenses are the franchisee's responsibility. Fees may apply for additional training or if franchisees fail to attend the annual conference without prior consent.

Franchise Requirements

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

Each Ultra Pool Care Squad Protected Territory will encompass an area containing between 4,000 and 6,000 residential homes that have a pool.

Staffing Notes

Ultra Pool Care Squad franchisees are responsible for hiring all employees for their business. The franchise requires the Designated Owner, and if applicable, the Operating Manager, to attend initial training. If offering Pool Cover Services, the Designated Owner and up to two pool cover specialists must complete specific training. Franchisees must maintain a sufficient number of trained employees to operate according to Ultra Pool Care Squad standards and legal requirements, including E-verification for all employees.