|Liquid Capital Required:||$50,000|
|Net Worth Required:||$125,000|
|Total Investment:||$61,600 - $136,150|
|Royalty Type:||Sliding Percentage|
|Veteran Discount:||15% Off Franchise Fee|
|Incorporated Name:||Five Star Painting, INC.|
|Home Office:||Waco, TX|
|Awards:||Entrepreneur Franchise 500, Top Franchises for Veterans, Military Times Best for Vets, Franchise Business Review, 2015 Bond's Top 100|
About Five Star Painting
Five Star Painting is an award-winning painting franchise that offers high-quality painting services to both residential and commercial clients. Recognized as a top franchise by Entrepreneur and others, Five Star Painting understands that when it comes to home or business improvement, paint can make all the difference. That is why we are dedicated to providing the highest quality interior and exterior paint and refinishing services to customers, including painting and wallpaper removal, pressure cleaning, deck restoration, and concrete cleaning. Five Star Painting is part of the Neighborly brand family--an added benefit for potential franchisees desiring to build and grow a business with national name appeal and built-in community contacts.
Values & History
At Five Star Painting, we provide "five-star quality without the five-star price." In fact, we've made this our motto because we believe that customers deserve nothing but the best. And we believe that the best shouldn't break the bank.
Our mission is simple: to help customers transform their homes or commercial properties by adding color and beauty to their world. We believe that revitalizing your property is the first step to revitalizing your life.
Our values are focused on delivering the best painting services in the industry. We've proven that we are trustworthy and reliable. Our customers trust us and feel confident that they are hiring the best in the business. From taking the time to properly prepare the work area to using the right equipment, we ensure that each project is done correctly by following our Code of Values, which include:
- Customer Focus
- Having Fun in the Process
Starting a company painting houses, businesses, and apartment buildings can be a rewarding endeavor. There's a multitude of real estate organizations and businesses that need both interior and exterior painting services.
According to paint.org, the painting industry is a major contributor to U.S. economic growth as well as a leader in research and development to protect infrastructure. The painting business is a $48 billion industry with 8% annual growth over the last five years. The industry employs over 400,000 people in the U.S. and there are over 240,000 painting businesses in this country. Now is an excellent time to open a Five Star Painting franchise
Purchasing a Five Star Painting Franchise
Whether you're starting from scratch with the purchase of new equipment, vehicles, supplies, and marketing expenses, or simply rebranding your current business, we'll help you calculate an investment based on your needs.
The initial franchise investment is determined on a case-by-case basis with a franchise fee or $40,000 and a total investment range of $61,600 to $136,150. A Five Star Painting Franchise Developer is happy to answer your questions. Be sure to ask your Franchise Developer about financing options like 401K roll-overs, IRA, SBA loans, unsecured lines of credit, and credit card financing.
Ideal Candidate & Qualifications
The possibility of taking on business ownership is exciting. It's a big decision, but one that can result in a lifetime of financial, professional, and personal rewards. When you join us as a Five Star Painting franchisee, you're presented with a wealth of resources on running your painting business. We are dedicated to providing you with a host of support services to help your business thrive.
Owning a business requires an entrepreneurial spirit and a dedication to working hard each and every day. At Five Star Painting, we take pride in the fact that the majority of our franchisees are former independent painting business owners. We know it takes superior technical skills, proficient customer service experience, and downright grit and determination to build a successful painting business and sustain it. We are looking for appliance repair business owners who want to maximize their profitability, and others who have the skills and qualities that it takes to make running a small business a success.
Training & Support
Our franchisees are our top priority. We understand feeling secure in your business means being prepared, so we make sure to give you all the information, tools, and resources you need. Not only will you have a dedicated Sure Start Consultant who will guide you through the opening of your Five Star Painting franchise, but once you are set up you will have a dedicated Franchise Consultant as well. To help you succeed, we offer training in areas such as: setting up systems and operations; technology use; marketing; finance management; and ongoing training and development. Five Star Painting and Neighborly also offer regional and national conferences to give franchisees the opportunity to gather, share, and learn together. Each year the home-office goes above and beyond to provide training that brushes up on the basics and introduces new and exciting information.