Five Star Painting
#259

Initial Investment

LOW: $61,600
HIGH: $136,150

Change in Units

-18.0% -30 UNITS (1 Year)
+7.8% +13 UNITS (3 Years)

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Promoted Opportunities

Company Profile

Founded

2002

Franchising Since

2005 (11 Years)

Corporate Address

1010 N. University Parks Dr. Waco, TX 76707

CEO

Mary Kay Liston

Parent Company

The Dwyer Group

About Five Star Painting

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.

Financials

Financial Requirements

Initial Investment

$61,600 - $136,150

Net-worth Requirement

$25,450 - $55,125

Liquid Cash Requirement

$25,450 - $55,125

Ongoing Fees

Initial Franchise Fee

$40,000

Ongoing Royalty Fee

5-7%

Ad Royalty Fee

2%

Financing Options

Five Star Painting offers in-house financing to cover the following: franchise fee

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 franchise fee

Franchise 500® Rank History

  • 2011 - 496
  • 2012 - 304
  • 2014 - 315
  • 2015 - 455
  • 2016 - 259

* Not all years were ranked

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.

Operations & Franchisor Support

Training Onsite: ongoing

Training at headquarters: 1 week

Additional Training: Weekly teleconferences; employee-training DVDs; annual convention; training manual

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet

Marketing Support
Co-op Advertising
Regional Media
National Media

Absentee Ownership Allowed

Number of employees required to run: 4

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: August 25th, 2016

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Previous Years Rankings

2016 2015 2014 2013 2012