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Five Star Painting

Residential & commercial painting

Background

Founded: 2002 Franchising since: 2005
938 South 2000 West, #220
Springville, Utah 84663
Phone:
(801)804-6677


Franchisor is a privately-held company with 16 employee(s); 14 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 47 8 1 2
2008 58 9 1 1
2007 41 8 1 1
2006 19 7 0 2
2005 3 3 0 2

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide

Exclusive territories available.
Territory size: 125,000-225,000 households

Costs and Fees

Total investment: $50.5K-86.6K
Franchise fee: $30K/40K
Ongoing royalty fee: 5%
Term of agreement: 10 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee Yes No
Startup Costs No Yes
Equipment No Yes
Inventory No Yes
Accounts Receivable No Yes
Payroll No Yes

Qualifications
Cash liquidity requirement: $10K
Business Experience:
  • General business experience
  • Marketing skills

Operations
  • Franchise can be run from home
  • 15% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 4
  • Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 1 week
  • At franchisee's location: 3-5 days
  • Weekly teleconferences; employee-training DVDs; annual convention; training manual

Ongoing Support
  • Meetings
  • Toll-free phone line
  • Internet
  • Security/safety procedures
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Co-op advertising
  • Ad slicks
  • National media
  • Regional advertising

Other marketing support
  • Website, graphic design

Rankings

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