Five Star Painting
#495 Franchise 500| Residential and commercial painting
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About
Founded

2002

Franchising Since

2007 (12 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 #495 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
+12.4%+20 UNITS (1 Year) +8.4%+14 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units worldwide.

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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: January 17th, 2019