Business Description

PAINT MEDIC is an automotive paint touch-up company. Our franchisees and their technicians can quickly, cost-effectively and permanently repair stone chips, scratches, plastic bumper scuffs and other minor paint blemishes. We service new and used car dealerships, rental car agencies, fleet companies and retail consumers. PAINT MEDIC operates from both fixed location retail facilities, as well as on a mobile basis. PAINT MEDIC is ideally suited for someone who loves cars and wants to be his own boss.

Franchisor Background

Year Established:  1990

Franchising Since:  1995

Operating Units:
Franchised Units:	22	91.7%
Company-Owned Units:	2	8.3%
Total Operating Units:	24	100.0%
Geographic Distribution: U.S.: 2 8.3% In 2 States Canada: 22 91.7% In 3 Canadian Provinces International: 0 0% In 0 Foreign Countries   Total: 24 100.0%

North America:
States/Provinces with the largest number of operating units:

Density	Units
1. Ontario	20
2. New York	1

Registered in Following Registration States:

Financial Requirements

Investment:
Minimum Net Worth:	$50K
Cash Investment:	$30-60K
Total Investment:	$30-60K
Average Total Investment:	$45K
Fees:
Initial Franchise Fee:	$25-50K
Average Franchise Fee:	$38K
On-Going Royalty:	5%/$500
Average Royalty:	5%
Advertising Fee:	NA

Average Number of Employees: 3-4 Full-time, 1-2 Part-time

Space Needs (in square footage): 2,000

Preferred Sites: Free-standing Building

Other Sites:

Encourage Conversions? Not Applicable

Earnings Claims Provided?: No

Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:	4
General Business Experience:	4
Specific Industry Experience:	2
Formal Education:	3
Psychological Profile:	4
Personal Interview(s):	3
Terms of Contract
Term of Initial Contract:	10.10 Year(s)
Term of Renewal Period:	Year(s)
Passive Ownership:	Not Allowed
Area Development Agreements?	Yes, for 1 Year(s)
Sub-Franchising Contracts?	No
Franchisees Allowed to Expand Within Territory?	Yes
Support and Training
International Franchise Association:	No
Canadian Franchise Association:	No
Franchisee Association/Member:	No
Size of Corporate Staff:	7
Site Selection Assistance?	Yes
Lease Negotiation Assistance?	Yes
Financial Assistance?	No
Marketing Support:
Co-Op Advertising:	No
National Advertising:	No
Regional Advertising:	No
Local Advertising:	No
Marketing Materials:	None Specified
Additional Services:	None Specified
Other Marketing Support:	None Specified
On-Going Support:
Central Data Processing:	Not Applicable
Central Purchasing:	Included in Fees
Field Operation Evaluation:	Included in Fees
Field Training:	Included in Fees
Initial Store Opening:	Not Applicable
Inventory Control:	Not Applicable
Franchisee Newsletter:	Included in Fees
Regional or National Meetings:	At Additional Cost
800 Telephone Hotline:	Included in Fees
Training:
1. Buffalo, NY	3 Weeks
2. Territory	1 Week
Expansion Plans
Projected New Units Over Next 12 months: 12 U.S.: Yes, Focusing on NE Canada: Yes, All Canada Overseas: Yes, Master Franchises	Request Franchisor Info   Submit an online form to receive information from Paint Medic.