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Entrepreneur: Start & Grow Your Business

Fresh Coat

Interior painting

Background

Founded: 2005 Franchising since: 2005
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.
10700 Montgomery Rd., #300
Cincinnati, Ohio 45242
Phone:
(800)317-7089


Franchisor is a privately-held company with 50 employee(s); 50 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 56 1 0 0
2008 60 1 0 0
2007 49 1 0 0
2006 35 1 0 0
2005 16 0 0 0

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: 175,000 population

Costs and Fees

Total investment: $36.4K-58.9K
Franchise fee: $27.9K
Ongoing royalty fee: 6%
Term of agreement: 10 years, renewable


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

Qualifications
Cash liquidity requirement: $20K

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)

Training and Support

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

Rankings

Franchise 500® rank:
#324 (2009); #415 (2008);

Low-Cost Franchises:
#76 (2009); #100 (2008);

Top New Ranking:
#21 (2009); #35 (2008);

Top Home Based Franchises:
#92 (2009);