Five Star Painting
Residential & commercial paintingBackground
Founded: 2002 Franchising since: 2005
Franchisor is a privately-held company with 16 employee(s); 14 employee(s) in franchise department.
Franchise Growth
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: 125,000-225,000 households
|
938 South 2000 West, #220 Springville, Utah 84663 |
Phone: (801)804-6677 |
Franchisor is a privately-held company with 16 employee(s); 14 employee(s) in franchise department.
Franchise Growth
| Year | U.S. Franchises | Canadian Franchises | Foreign Franchises | Company Owned |
| 2009 | 47 | 8 | 1 | 2 |
| 2008 | 58 | 9 | 1 | 1 |
| 2007 | 41 | 8 | 1 | 1 |
| 2006 | 19 | 7 | 0 | 2 |
| 2005 | 3 | 3 | 0 | 2 |
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: 125,000-225,000 households
Costs and Fees
|
Total investment: $50.5K-86.6K Franchise fee: $30K/40K |
Ongoing royalty fee: 5% Term of agreement: 10 years, renewable |
Type of Financing Available
| In-House | Third Party | |
| Franchise Fee | Yes | No |
| Startup Costs | No | Yes |
| Equipment | No | Yes |
| Inventory | No | Yes |
| Accounts Receivable | No | Yes |
| Payroll | No | Yes |
Qualifications
Cash liquidity requirement: $10K
Business Experience:
- General business experience
- Marketing skills
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)
Training and Support
Training
Ongoing Support
Marketing Support
Other marketing support
- 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