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- 2022 Franchise 500 Rank
N/R Ranked #440 last year
- Initial investment
$122K - $261K
- Units as of 2021
244 19.5% over 3 years
Here’s what you need to know if you’re interested in opening a Painting with a Twist franchise.
If you're looking for a franchise opportunity that is friendly, artistic, and full of entertainment and camaraderie, Painting with a Twist may be a top contender. Painting with a Twist is a revolutionary concept that combines wine, art, and fun. The franchise itself began in 2007 when Cathy Deano and Renee Maloney desired to uplift a community post-Hurricane Katrina, with skyrocketing results.
The duo hoped to create an environment of fun while inviting people's creative sides to come out by allowing them to feel relaxed and comfortable. Painting with a Twist has over 260 studios throughout the United States and offers a unique concept to its customers.
Why You May Want to Start a Painting with a Twist Franchise
Painting with a Twist has been ranked in Entrepreneur’s Franchise 500 many times over the past decade. This ranking is based on an evaluation of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability.
The brand offers franchisees genuine and reliable support. Whether it's looking for vendors for supplies, exploring ideas, or finding the right location, Painting with a Twist has a dedicated team whose sole mission may be to give you what you need to accomplish what's needed.
The Painting with a Twist studio now has thousands of copyrighted artworks, making them one of the biggest art libraries in the industry they helped pioneer, thanks to a couple of million guests who have created more than 10 million paintings since their start in 2007.
What Might Make a Painting with a Twist Franchise a Good Choice?
To be part of the Painting with a Twist team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. You should also prepare yourself for ongoing fees that will include advertising and royalty fees. It may be a good idea to reach out to an attorney or financial advisor to ensure that opening and operating a Painting with a Twist franchise is financially viable for you. Franchisees will also need to meet the company's set net worth and liquid capital requirements.
Painting with a Twist locations may also offer painting parties at home. This automatic diversification of revenue may make for a better chance of customer conversion.
How to Open a Painting with a Twist Franchise
Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. Speak to existing franchisees and ask questions directed to the Painting with a Twist team.
Painting with a Twist may have a system full of strength and power, evidenced by the fact that more than 30% of its franchisees now franchise at least two studios. At the top of this system are experienced executives who know the franchise like the back of their hands.
Add a twist to your painting routine and submit an inquiry form today!
About Painting with a Twist
- Franchising Since
- 2009 (13 years)
- # of employees at HQ
- Where seeking
This company is seeking new franchisees throughout the US.
- # of Units
- 244 (as of 2021)
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Painting with a Twist franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
Definition: The initial fee paid to a franchisor to join their system
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
- Initial Investment
- $121,500 - $261,000
Definition: The total amount necessary to begin operation of the franchise
What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.
- Net Worth Requirement
Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company
What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.
- Cash Requirement
Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.
- Veteran Incentives
- 20% off franchise fee
Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.
- Royalty Fee
Definition: A ongoing fee paid to the franchisor on a regular basis.
What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.
- Ad Royalty Fee
Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts.
What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.
- Term of Agreement
- 10 years
Definition: The length of time your franchise agreement will last.
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
- Is franchise term renewable?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- Painting with a Twist has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 42-62 hours
- Classroom Training
- 72-82 hours
- Ongoing Support
Purchasing Co-opsNewsletterMeetings & ConventionsGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Additional details about running this franchise.
- Is absentee ownership allowed?
Definition: Absentee ownership means that the franchisee does not actively work in the franchise business or manage day-to-day operations.
- Can this franchise be run from home/mobile unit?
Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.
- Can this franchise be run part time?
Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.
- # of employees required to run
- Are exclusive territories available?
Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened.
What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.
Work with a free franchise expert and get what you need to start a Painting with a Twist franchise.
Franchise 500 Ranking History
Compare where Painting with a Twist landed on this year’s Franchise 500 Ranking versus previous years.
Curious to know where Painting with a Twist ranked on other franchise lists? Find out below.
Are you eager to see what else is out there? Browse more franchises that are similar to Painting with a Twist.
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