Five Star Painting
Residential and commercial painting
Five Star Painting
Residential and commercial painting
About
Founded
2002
Franchising Since
2005 (13 Years)
Corporate Address
1010 N. University Parks Dr.
Waco, TX 76707
CEO
Mike Bidwell
Parent Company
Neighborly
Financial Requirements
Initial Investment ⓘ
$69,700 - $179,250
Ongoing Fees
Initial Franchise Fee ⓘ
$40,000 - $40,000
Ongoing Royalty Fee
6%
Ad Royalty Fee
2%
Financing Options
Five Star Painting has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll
Veteran Incentives
15% off minimum franchise fee
Support Options
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social media
SEO
Website development
Email marketing
On-The-Job Training:
8-40 hours
Classroom Training:
70.25 hours
Additional Training:
Weekly teleconferences; employee-training DVDs; annual convention; training manual
Absentee Ownership Allowed
Number of Employees Required to Run:
4
Five Star Painting is ranked #457 in the Franchise 500!
Bio
Five Star Painting was started in 2002 by five friends. The business began franchising in 2005. Franchises offer both interior and exterior painting services for residential and commercial customers, with locations in the U.S., Canada and Brazil.
Cost
Initial Investment: Low - $69,700
High - $179,250
Units
+3.2%+5 UNITS (1 Year)
-18.3%-36 UNITS (3 Years)
Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.
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