360 Painting
Interior and exterior painting
- 2023 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$101K - $145K
- Units as of 2022
-
140 5.3% over 3 years
Founded in 2005, 360 Painting began franchising the following year. The company has risen to become a well-known name in the residential and commercial painting industry. It has more than 100 locations throughout the United States and is seeking to continue to grow.
This franchise has a quality value and customer-first approach to its work. They believe that working closely with customers to achieve their goals has continuously helped them exceed their expectations. They also love to accommodate their customers, making sure their painting needs are completed on time and within budget.
Franchisees looking to work with 360 Painting may have an edge over their competitors’ given the brands’ recognition, stability, and service history.
Why You May Want to Start a 360 Painting Franchise
As a franchisee, you will be able to tap into a market that sees people constantly repainting and remodeling their personal and professional spaces.
Unlike other home improvement industry players, 360 Painting offers comprehensive training programs that will help you properly position your business. Additionally, your franchise can be home-based. This means that the company's relatively low cost of entry could lower your overhead and operational costs. To maintain their standards of service and quality of materials, 360 Painting has third-party relationships that you can benefit from as a franchisee. These third-party sources may help you cover costs associated with the franchise fee, startup costs, equipment, inventory, and payroll.
As a franchisee, you may receive access to the 360 Painting franchise in-house customer call center. Other benefits include a franchise-dedicated business coach in place to provide one-on-one business consultation. You can also attend an annual national convention to continually sharpen your skills and deepen your relationships in the industry.
What Might Make 360 Painting a Good Choice?
If you invest with this company, you get an exclusive territory, meaning that another 360 Painting location will not be opened too close to your franchise. When seeking to open a 360 Painting franchise, be prepared to make a financial investment. Your initial investment cost will include a franchise fee and cater to expenses like insurance, business licensing, advertising, supplies, and vehicle expenses. In addition, you should be prepared for ongoing fees that will include royalty fees, advertising fees, and potential renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.
Besides the beginners' cost, this franchise opportunity can come with support and training in sales, marketing, and recruitment of employees and subcontractors. They might also walk you through the process of using business management software, painting techniques, and technology.
How to Open a 360 Painting Franchise
360 Painting franchise coaches are usually available to answer all the questions you may have concerning business models, recruitment and management operations, and marketing. You can start your 360 Painting journey by providing standard details about yourself, your investment capability, and the location where you're interested in opening a 360 Painting franchise.
If you are chosen to progress with 360 Painting and are satisfied with the details, you may be ready to sign the final agreement. You will also attend a multi-week training. Then, you will be ready to launch your 360 Painting franchise.
Company Overview
About 360 Painting
Business Overview
- Franchising Since
- 2006 (2023-2006 years)
- # of employees at HQ
- 41
- Where seeking
-
This company is offering new franchisees in the following US states: Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, 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
This company is offering new franchisees in the following international regions: Canada
- # of Units
- 140 (as of 2022)
Information for Franchisees
Here's what you need to know if you're interested in opening a 360 Painting 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
- $65,000
- Initial Investment
- $101,350 - $145,000
- Net Worth Requirement
- $100,000 - $200,000
- Cash Requirement
- $50,000
- Veteran Incentives
- 10% off franchise fee
- Royalty Fee
- 6%
- Ad Royalty Fee
- 2%
- Term of Agreement
- 10 years
- Is franchise term renewable?
- Yes
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- 360 Painting 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
- 4 hours
- Classroom Training
- 76 hours
- Ongoing Support
-
NewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresField OperationsProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Ad TemplatesRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail Marketing
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- No
- Can this franchise be run from home/mobile unit?
- Yes
- Can this franchise be run part time?
- Yes
- Are exclusive territories available?
- Yes
Interested in ownership opportunities like 360 Painting? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where 360 Painting landed on this year's Franchise 500 Ranking versus previous years.
Sign Up for Our Franchise Newsletter
Stay up to date on the latest news and trends affecting the franchise industry.
Related Franchises
Are you eager to see what else is out there? Browse franchises that are similar to 360 Painting.
Related Franchise Content
Catch up on the latest franchise news, trends, and more.
How to Harness the Power and Money of a Crowd Through Crowdfunding
You don't have to be rich, succumb to ever-growing interest rates, run the risk of your bank collapsing or use your house as collateral to build a franchise. All you have to do is find the right crowd.
Woman Ties the Knot at White Castle Almost 30 Years After the Chain Gave Her Free Food as a Homeless Teen
Jamie West was just 12 years old when she ran away from the foster care system.
Franchise Ownership Made Easy: Best Practices for Managing and Growing Your Business
Using these tips, you can maximize the benefits of franchise ownership and take your business to the next level.
Florida Burger King to Pay $8 Million to Customer Who Slipped and Fell in Restaurant Bathroom
The case marks one of the largest slip-and-fall verdicts in Florida's history.
6 Things to Consider When Getting Out of a Franchise Agreement
Want to get out of your franchise agreement? Here are six things to consider
7 Essential Questions to Ask Yourself Before Starting a Franchise
Starting a franchise requires a hard look in the mirror to decide if you really have the makeup to become an entrepreneur. Start by reflecting on yourself and your goals with these questions.
