Fresh Coat Painters
Residential and commercial painting
- 2022 Franchise 500 Rank
-
#457 Ranked #397 last year
- Initial investment
-
$54K - $77K
- Units as of 2022
-
167 3.1% over 3 years
Here’s what you need to know if you’re interested in opening a Fresh Coat Painters franchise.
People may be too busy with life to slow down and tackle large projects. Fresh Coat allows people to get their painting projects done without lifting a finger. Fresh Coat is typically hired to paint the interior and exterior of apartments, houses, offices, cabinets, garages, and more.
Why You May Want to Open a Fresh Coat Franchise?
Fresh Coat tries to provide a top-quality painting service while saving their clients money. Fresh Coat has been ranked in Entrepreneur’s Franchise 500 many times in the past decade. This is based on an evaluation of more than 150 data points including costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability.
Franchisees may continue to pay fees to Fresh Coat to use their name and advertising material. Fresh Coat is often hired through referrals and direct advertising. They may offer customers fixed pricing promotions advertised through direct mail advertisements and referrals.
Before making any financial commitments or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. You may also benefit from speaking with a franchise attorney and financial planner.
What Might Make a Fresh Coat Franchise a Good Choice?
Fresh Coat is a part of the professional home services industry. Fresh Coat is located in the U.S. and boasts more than 150 franchises. Unlike other franchise opportunities, Fresh Coat does not typically require any previous painting experience. As a franchisee, you may hire and manage your painters, with teams being as small as two individuals.
Fresh Coat utilizes name-brand paint partners to carry their paint and materials so that franchisees do not have an excess of inventory. This may help keep costs low for both the franchisee and clients.
When you're investing in your Fresh Coat business, you may receive the support of a well-known and trusted brand. You might also have access to company training, including webinars, regional meetings, and even national conferences. In your initial training, you are usually taught how to operate a Fresh Coat business. Fresh Coat includes training of skills for effective planning, hiring quality employees, target market, and managing techniques.
How to Get Started with Fresh Coat
To get started with Fresh Coat, you may need to contact them via a franchise request form. Within a few business days, someone from Fresh Coat usually contacts you to discuss financing options. As part of your due diligence process, you may want to contact other franchisees for any questions about Fresh Coat and what operating a franchise with the company requires.
Next, you usually decide on a managing team of Fresh Coat. A franchise director generally creates an exclusive area for you to build your business. This is where you may create a local presence and start operations. At this point, the franchise director may also go through the Franchise Disclosure Document with you.
A trip to corporate headquarters in Cincinnati, Ohio might allow for face-to-face meetings, including a few days of training and classes detailing how best to run your Fresh Coat business.
Company Overview
About Fresh Coat Painters
- Industry
- Home Improvement
- Related Categories
- Painting
- Founded
- 2005
- Parent Company
- Strategic Franchising
- Leadership
- Tara Riley, President
Franchising Overview
- Franchising Since
- 2005 (17 years)
- # of employees at HQ
- 25
- Where seeking
-
This company is seeking new franchisees in the following US states: Alaska, Alabama, Arkansas, Arizona, California, 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 seeking new franchisees in the following international regions: Canada
- # of Units
- 167 (as of 2022)
Franchisor Information
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Fresh Coat Painters 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
- $44,900
- Initial Investment
- $53,850 - $76,750
- Cash Requirement
- $50,000
- Veteran Incentives
- $2,000 off franchise fee
- Royalty Fee
- 6-4%
- 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
- Fresh Coat Painters 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
- 48 hours
- Classroom Training
- 40 hours
- Ongoing Support
-
Purchasing Co-opsNewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
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?
- No
- # of employees required to run
- 2
- Are exclusive territories available?
- Yes
Interested in franchise ownership like Fresh Coat Painters? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where Fresh Coat Painters landed on this year’s Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where Fresh Coat Painters ranked on other franchise lists? Find out below.
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