WOW 1 Day Painting Franchise
To buy a franchise with WOW 1 Day Painting, you'll need to have at least $50,000 in liquid capital and a minimum net worth of $100,000. WOW 1 Day Painting charges a franchise fee of $50,000. They also offer a discount for veterans.
Franchisor Details
Total Units: 45
Year Founded: 2010
Franchising Since: 2011
Home Office: Vancouver, British Columbia
Training: Available
Locations Available: See Below*
Franchise Costs
Liquid Capital Required: $50,000
Net Worth Required: $100,000
Total Investment: $65,000 – $125,000
Franchise Fee: $50,000
Royalty Type: 6%
Vetern Discount: Yes
*WOW 1 Day Painting is currently accepting inquiries from the following locations: Canada
Values & History
Backed by the leadership and industry knowledge gained from 02E's first successful business, 1-800-GOT-Junk?, CEO and Founder Brian Scudamore developed WOW 1 Day Painting in 2010 with the same proven systems and processes that made 1-800-GOT-JUNK? a national success, with WOW currently growing at an even faster rate. Operating out of Vancouver, BC, the company now has more than 50 locations across North America, and we're looking for sales-driven entrepreneurs to help us reach our goal of being the biggest and the best in the business.
Industry Performance
Contract painting services in the US topped $41 billion in total revenue over 2019, growing an average of 3.0% annually over the 2014-2019 period. With more than 300,000 businesses in operation, the industry employs nearly 500,000 people. The majority of these operations are smaller contractors with small teams and modest equipment, offering a fantastic opportunity for franchise investors to offer improved services under a trusted and recognized brand as they work toward their own financial freedom.
Training & Support
No prior painting experience is necessary, as training is provided over all products, services, and equipment. Continuous support through a variety of training utilities, marketing guidance, advertising materials, and more are also offered to keep our franchisees up to date on the latest developments within our innovative family of brands.
Ideal Candidate & Qualifications
Franchise owners will need to commit to full-time engagement as they manage their business, as an absentee role isn't sufficient for adequate business growth under this model. Ideal candidates will be positive, hardworking, hands-on individuals hungry to meet with business success. Personal freedom and an excellent work/life balance are highly important to our franchise owners, and a competitive spirit with a determination to succeed and grow the business is key.
Purchasing a WOW 1 Day Painting Franchise
Potential candidates seeking franchise ownership will need access to between $50k and $100k in liquid capital, depending on the investment model selected. A minimum $100,000 net worth is required to apply, with the total initial investment standing at about $100k. Veterans who qualify will receive an additional 15% discount off all territory fees. Financing is currently unavailable for this offer.
WOW 1 Day Painting is a FranNet Verified Brand
FranNet Verified Brands are reviewed by FranNet to ensure legitimacy and industry required documentation.
WOW 1 Day Painting is a FranNet Verified Brand
FranNet Verified Brands are reviewed by FranNet to ensure legitimacy and industry required documentation.