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Fresh Coat

2012 Franchise 500
#284
At a Glance

Products & Services: Interior painting

Number of Locations: 73

Total Investment: $40.85K - 67.95K

Founded: 2005

Began Franchising: 2005

Private Owned

About Fresh Coat

Fresh Coat franchises offer high-volume, interior residential and commercial painting services, which include vaulted ceiling projects, wallpaper removal, plaster and dry wall patching, and staining. Fresh Coat will paint a whole house or just one room, is referral-based, eco-friendly, and offers a "Paint Now, Pay Later" program. Franchisees don't need painting experience; instead, they hire and manage experienced painters.

Franchise Units

Year U.S. Canadian International Company Owned
2011 71 2 0 0
2010 53 2 0 0
2009 56 1 0 0
2008 60 1 0 0
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S. and Canada.

Startup Costs, Ongoing Fees and Financing

Total Investment: $40,850 - $67,950
Franchise Fee: $31,900 - $37,900
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Liquid Cash Available: $30,000
Operations
Franchise can be run from home. Number of employees needed to run franchised unit: 2. Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators).
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 5 days. Meetings & sales boot camps
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Purchasing cooperatives,
Marketing Support: Co-op advertising, Ad slicks, National media,
Other marketing support: Website, Intranet, PR

Franchise Ranking History

Franchise 500®: #284 (2012), #316 (2010), #324 (2009), #415 (2008),
Low-Cost: #52 (2012), #77 (2010), #76 (2009), #100 (2008),
Top New: #7 (2010), #21 (2009), #35 (2008),
Top Homebased: #85 (2012), #91 (2010), #92 (2009),

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