Never Paint Again Companies LLC

At a Glance

Products & Services: Painting

Number of Locations: 5

Total Investment: $39.1K - $63.2K

Founded: 1955

Began Franchising: 2011

Franchise Units

Year U.S. Canadian International Company Owned
2014 4 0 0 1
2013 4 0 0 1
2012 2 0 0 3
2011 0 0 0 2
2010 N/A N/A N/A 2
Where Seeking Franchisees: Franchisor is seeking new franchise units in the U.S.,Canada, Eastern Europe, Mexico.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $39,135 - $63,155
Franchise Fee: $27,500
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Veteran Incentives: Discounted franchise fee (varies)
Financial Requirements
Net Worth: $150,000
Liquid Cash Available: $25,000
Operations
Franchise can be run from home. 50% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 1. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 3-5 days. At franchisee's location: 5 days.
Ongoing Support: Newsletter, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives
Marketing Support: Co-op advertising, National media, Regional advertising,
Other marketing support: Website

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