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Five Star Painting

2012 Franchise 500
#304
At a Glance

Products & Services: Residential & commercial painting

Number of Locations: 74

Total Investment: $25.71K - 80.35K

Founded: 2002

Began Franchising: 2005

Private Owned

Franchise Units

Year U.S. Canadian International Company Owned
2011 58 10 6 0
2010 49 9 1 5
2009 47 8 1 2
2008 58 9 1 1
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.

Startup Costs, Ongoing Fees and Financing

Total Investment: $25,710 - $80,350
Franchise Fee: $10,000 - $40,000
Ongoing Royalty Fee: 5-2%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Liquid Cash Available: $10,000
Operations
Franchise can be run from home. 15% 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).
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 1 week. At franchisee's location: 3-5 days. Weekly teleconferences; employee-training DVDs; annual convention; training manual
Ongoing Support: Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives,
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,
Other marketing support: Website, graphic design

Franchise Ranking History

Franchise 500®: #304 (2012), #496 (2011),
Fastest-Growing: #88 (2009),
Low-Cost: #61 (2012),
Top Homebased: #92 (2012),