Next
315/500
Back

Five Star Painting

2014 Franchise 500
#315
At a Glance

Products & Services: Residential and commercial painting

Number of Locations: 119

Total Investment: $43.2K - $122.4K

Founded: 2002

Began Franchising: 2005

About Five Star Painting

Five Star Painting was started in 2002 by five friends. The business began franchising in 2005. Franchises offer both interior and exterior painting services for residential and commercial customers, with locations in the U.S., Canada and Brazil.

Franchise Units

Year U.S. Canadian International Company Owned
2014 81 10 26 2
2013 78 9 26 2
2012 76 10 19 0
2011 58 10 6 0
2010 49 9 1 5
Where Seeking Franchisees: Franchisor is seeking new franchise units in the U.S.,Asia, Australia/New Zealand, Canada, Central America, Eastern Europe, Mexico, South America, Western Europe.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $43,210 - $122,350
Franchise Fee: $40,000
Ongoing Royalty Fee: 5-4%
Term of Franchise Agreement: 10 years, renewable
Veteran Incentives: $1,000 off franchise fee
Financial Requirements
Net Worth: $0 - $200,000
Liquid Cash Available: $25,450 - $55,125
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).
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: 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®: #315 (2014), #304 (2012), #496 (2011),
Low-Cost: #61 (2012),
Top Home-Based: #90 (2014), #92 (2012),