Five Star Bath Solutions
Bathroom remodeling
- 2023 Franchise 500 Rank
-
#427 Ranked #294 last year
- Initial investment
-
$115K - $248K
- Units as of 2023
-
110 139.1% over 3 years
Ah, the bathroom, a source of peace and recharge for anyone with a full bladder or in need of an escape. Naturally, everyone wants to feel comfortable in their bathroom. Five Star Bath Solutions, which was founded in 1996 and began franchising in 2008, may hold the solution to better bathrooms and showers as a remodeling company. Founded in Canada and since expanded into the U.S., they are one of the more well-known bathroom remodeling companies in the home remodeling industry. They are committed to designing and building dream bathrooms for all their clients.
There are over 40 Five Star Bath Solutions locations in the United States to go along with more than a dozen franchises in Canada.
Why You May Want to Start a Five Star Bath Solutions Franchise
If you love the idea of offering dream-worthy bathrooms to your community, then a Five Star Bath Solutions franchise could be for you. Their commitment to providing the best remodeling services may make them a favorite for potential franchisees, as well as customers. With a professional staff, an easy selection process, and quality assurance, they make remodeling as simple as possible for their clients. Their mission to be the top bathroom remodeling company pushes them to provide exceptional services to their customers.
With your Five Star Bath Solutions franchise, you have the potential to provide people with a safe, calm, and beautiful bathroom. A well-remodeled bathroom can be a source of serenity and help reduce stress, improving the quality of life for each individual who uses it.
What Might Make a Five Star Bath Solutions a Good Choice?
Five Star Bath Solutions is one of the larger franchise systems in the bathroom renovation industry. Their dedication to providing a quality experience to each of their customers has brought them a steady stream of clientele for years. Their success in the remodeling industry and their stellar reputation may be promising for people considering the prospect of opening a Five Star Bath Solutions franchise.
The perfect candidate for a Five Star Bath Solutions franchise is a self-starter with an entrepreneurial spirit, a strong desire to succeed, business management skills, and training experience. If you feel you fit these qualifications, opening a Five Star Bath Solutions franchise could be a great decision for you.
How To Open a Five Star Bath Solutions Franchise
As a Five Star Bath Solutions franchisee, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company's liquid capital requirements.
Once you have completed an official franchise application and signed on board, you will undergo a multi-day intensive training session in the existing corporate territory and learn all you need to run your franchise. As you begin the training process, you will get the opportunity to speak with other franchisees to learn through their experiences.
Get ready to make the bathroom your world. Five Star Bath Solutions wants to see your franchise grow, and the company is prepared to support you every step of the way.
Company Overview
About Five Star Bath Solutions
| Industry | Home Improvement |
|---|---|
| Related Categories | Kitchen & Bath Remodeling, Building & Remodeling |
| Founded | 1996 |
| Parent Company | Five Star Franchising |
| Leadership | Dean Hartley, President |
| Corporate Address |
761 West 1200 North, #200 Springville, UT 84663 |
| Social | Facebook, LinkedIn, Instagram, YouTube |
Business Overview
| Franchising Since | 2008 (15 years) |
|---|---|
| # of employees at HQ | 7 |
| Where seeking |
This company is offering new franchisees throughout the US. This company is offering new franchisees in the following international regions: Canada |
| # of Units | 110 (as of 2023) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Five Star Bath Solutions 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
|
$59,500 |
|---|---|
|
Initial Investment
|
$114,500 - $248,000 |
|
Net Worth Requirement
|
$250,000 |
|
Cash Requirement
|
$100,000 |
|
Veteran Incentives
|
10% off franchise fee |
|
Royalty Fee
|
6%-5% |
|
Ad Royalty Fee
|
$350+/mo. |
|
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 | Five Star Bath Solutions has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, 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 | 24 hours |
|---|---|
| Classroom Training | 15-20 hours |
| Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Online Support
Security & Safety Procedures
Field Operations
Proprietary Software
Franchisee Intranet Platform
|
| Marketing Support |
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Email 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 |
| # of employees required to run | 1-3 |
|
Are exclusive territories available?
|
Yes |
Franchise 500 Ranking History
Compare where Five Star Bath Solutions landed on this year's Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where Five Star Bath Solutions ranked on other franchise lists? Find out below.
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