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Five Star Painting
Buying a Five Star Painting Franchise isn't an investment in a new job, but a new lifestyle. It's an opportunity to be your own boss and make positive changes in the lives of the customers you service-changing your own life in the process. The financial independence and personal empowerment that a Five Star Painting Franchise offers isn't for everyone: Just those who want to take control of their future. At Five Star we take great pride in meeting the needs of the ever-changing painting world. We offer an exceptional franchise opportunity to advance your career.
Franchisor Background
Year Established:
2000
Franchising Since:
2005
IFA Member
CFA Member
Operating Units:
Franchised Units:
66
98.5%
Company-Owned Units:
1
1.5%
______
_____
Total Operating Units:
67
100%
Geographic Distribution:
U.S.:
61
88.4%
In 36 States
Canada:
7
10.1%
In 2 Canadian Provinces
International:
1
1.4%
In 1 Foreign Countries
______
_____
Total:
69
100%
North America:
States/Provinces with the largest number of operating units:
Density
Units
1. Texas
16
2. Utah
9
3. Nevada
4
Registered in Following Registration States:
California, Florida, Maryland, Michigan, North Dakota, Washington, Wisconsin
Financial Requirements
Investment:
Minimum Net Worth:
$20K-$40K
Cash Investment:
$40.5-86.6K
Total Investment:
$25-70K
Average Total Investment:
$63K
Fees:
Initial Franchise Fee:
$20K-$40K
Average Franchise Fee:
$48K
On-Going Royalty:
5%
Average Royalty:
5%
Advertising Fee:
4.5%
Average Number of Employees:
Start up 3 Full-time, N/A Part-time
Space Needs (in square footage):
N/A
Preferred Sites:
Home-based
Other Sites:
Encourage Conversions?
Not Applicable
Earnings Claims Provided?
No
Listed in the SBA Registry?
No
Support and Training
International Franchise Association:
Yes
Canadian Franchise Association:
Yes
Franchisee Association/Member:
No
Size of Corporate Staff:
8
Site Selection Assistance?
Not Applicable
Lease Negotiation Assistance?
Not Applicable
Financial Assistance?
Yes, Direct
Marketing Support:
Co-Op Advertising:
Yes
National Advertising:
No
Regional Advertising:
No
Local Advertising:
Yes
Marketing Materials:
Ad Slicks, Brochures, Coupons/rebates, Direct Mailers, Emails, Promotional Items, Radio Ads, Site Signs, Television Ads