Wise Coatings

Floor coatings
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Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$103K - $122K
Units as of 2024
28 Increase 1,300.0% over 3 years

Company Overview

About Wise Coatings

Industry Home Improvement
Related Categories Concrete Coatings
Founded 2020
Parent Company Wise Coatings Franchises LLC
Leadership Whitney White, CEO
Corporate Address 108 Commerce St., #105
Lake Mary, FL 32746
Social Facebook, LinkedIn, Instagram, YouTube, TikTok

Business Overview

Franchising Since 2021 (3 years)
# of employees at HQ 13
Where seeking

This company is offering new franchises in the following US states: Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming

# of Units 28 (as of 2024)

Information for Franchisees

Here's what you need to know if you're interested in opening a Wise Coatings 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 Information Circle
$50,000
Initial Investment Information Circle
$102,957 - $122,007
Net Worth Requirement Information Circle
$50,000
Cash Requirement Information Circle
$50,000
Veteran Incentives Information Circle
15% off franchise fee
Royalty Fee Information Circle
5%
Ad Royalty Fee Information Circle
2%
Term of Agreement Information Circle
10 years
Is franchise term renewable? Yes
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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 Wise Coatings 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 50 hours
Classroom Training 25 hours
Ongoing Support
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Field Operations
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Ad Templates
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? Information Circle
Yes
Can this franchise be run part time? Information Circle
No
Are exclusive territories available? Information Circle
Yes
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Additional Rankings

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022