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Fresh Coat

2014 Franchise 500
#224
At a Glance

Products & Services: Residential and commercial painting

Number of Locations: 120

Total Investment: $49.4K - $76.95K

Founded: 2005

Began Franchising: 2005

About Fresh Coat

Fresh Coat franchises offer interior and exterior residential and commercial painting services. Fresh Coat will paint a whole house or just one room, is referral-based and eco-friendly. Franchisees don't need painting experience; instead, they hire and manage experienced painters. Fresh Coat franchises are located in the U.S. and Canada, and the company is expanding internationally.

Franchise Units

Year U.S. Canadian International Company Owned
2014 120 0 0 0
2013 107 0 0 0
2012 87 2 0 0
2011 71 2 0 0
2010 53 2 0 0
Where Seeking Franchisees: Franchisor is seeking new franchise units in the U.S.,Africa, Asia, Australia/New Zealand, Canada, Central America, Eastern Europe, Middle East, Mexico, Philippines, South America, Western Europe.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $49,350 - $76,950
Franchise Fee: $37,900 - $43,900
Ongoing Royalty Fee: 6%+
Term of Franchise Agreement: 10 years, renewable
Veteran Incentives: $2,000 off franchise fee
Financial Requirements
Liquid Cash Available: $29,350 - $56,950
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).
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: 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®: #224 (2014), #205 (2013), #284 (2012), #316 (2010),
Low-Cost: #42 (2014), #33 (2013), #52 (2012), #77 (2010),
Top New: #7 (2010),
Top Home-Based: #62 (2014), #50 (2013), #85 (2012), #91 (2010),
America's Top Global: #170 (2013),