Signing out of account, Standby...
- 2022 Franchise 500 Rank
N/R Not ranked last year
- Initial investment
$99K - $143K
- Units as of 2020
48 6.7% over 3 years
Here’s what you need to know if you’re interested in opening a Spray-Net franchise.
Get your exterior painting needs covered with the Spray-Net franchise!
Spray-Net combines chemistry, software, and equipment to produce cutting-edge home exterior solutions. They focus on materials that aren't traditionally painted, like vinyl siding, Hardie board, stucco, and brick. The result may be a flawless factory finish. They provide a cost-effective and durable alternative to replacement. Their work is fully customized to the surface, weather, and the customer's color preference.
Spray-Net was founded in 2010 and has been franchising since 2014. It is located predominantly in Canada, where it has over 40 franchise units. However, it has recently expanded to the U.S., which is now home to several Spray-Net franchises.
If you thrive in a unique and innovative environment, starting a Spray-Net franchise could be a good idea. This could be an initial business venture or in addition to your existing portfolio. You can open a Spray-Net franchise as a home-based business, furthering your ability to operate the franchise in addition to other work.
Why You May Want to Start a Spray-Net Franchise
We all love a beautiful home. As a Spray-Net franchisee, you may have the chance to help people take care of themselves by offering a trendy home exterior solution many have never tried before.
Because Spray-Net understands your personal and professional goals are not the same as everyone else’s, they'll let you choose a franchisee profile. You could choose from owner operator, business operator, or executive operator, depending on factors like your industry experience and managerial skills.
A Spray-Net franchise may not bog you down with marketing or customer issues. This isn't because they’re unimportant, but because you may be able to focus on your core business—home exterior improvement—while the corporate office, which is located in Boucherville, Quebec, Canada, handles the rest. Additionally, the company is likely to help you assess your financial options and even recommend partner funding sources, including major banks, if needed.
What Might Make a Spray-Net Franchise a Good Choice?
To be part of the Spray-Net team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. Additionally, you should prepare yourself for ongoing fees that will include advertising and royalty fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.
A typical term of agreement for a Spray-Net franchisee lasts for ten years.
How to Open a Spray-Net Franchise
Becoming a Spray-Net franchise partner may be fairly quick and easy-- just submit an inquiry form.
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 Spray-Net team. If your net worth and available liquid capital match the brand’s requirements, you may qualify to open a Spray-Net franchise, and you can get started with an initial investment and relevant training.
Brush off your worries and bring a Spray-Net franchise to your community!
- Franchising Since
- 2014 (8 years)
- # of employees at HQ
- Where seeking
This company is seeking new franchisees worldwide.
This company is seeking new franchisees in the following US states:
- # of Units
- 48 (as of 2020)
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Spray-Net 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
- $99,250 - $142,500
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
- 10% 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
- Spray-Net has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory
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
- 66 hours
- Classroom Training
- 42.5 hours
- Additional Training
- Online training
- Ongoing Support
Purchasing Co-opsNewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail Marketing
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 Spray-Net franchise.
Are you eager to see what else is out there? Browse more franchises that are similar to Spray-Net.
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