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Painting with a Twist

2014 Franchise 500
#276
At a Glance

Products & Services: Paint-and-sip studio

Number of Locations: 116

Total Investment: $93.5K - $131.5K

Founded: 2009

Began Franchising: 2009

About Painting with a Twist

Cathy Deano and Renee Maloney opened the first Corks N Canvas in Mandeville, Louisiana, in 2007. By 2009, they had four locations in the New Orleans area, and decided to begin franchising the concept under the name Painting with a Twist. Customers bring their own wine or other beverages and are taught step-by-step to paint one of the company's 3,500-plus copyrighted pieces of art.

Franchise Units

Year U.S. Canadian International Company Owned
2014 112 0 0 4
2013 82 0 0 0
2012 67 0 0 0
2011 56 0 0 0
2010 28 0 0 0
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $93,500 - $131,500
Franchise Fee: $25,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 7 years, renewable
Veteran Incentives: 20% off franchise fee/transfer fee
Financial Requirements
Net Worth: $150,000
Liquid Cash Available: $50,000
Operations
26% 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).
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. Available at franchisee's location.
Ongoing Support: Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
Marketing Support: Co-op advertising, National media, Regional advertising,

Franchise Ranking History

Franchise 500®: #276 (2014),
Top New: #11 (2014),

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