Five Star Painting

a Neighborly company

Five Star Painting is a trusted and successful franchise that provides high-quality and professional painting services to residential and commercial clients.

Category: Painting

Concept Description

Brush on a Brighter Future With Five Star Painting

Five Star Painting is focused on becoming the world’s best painting company by transforming lives and spaces through the use of color.

When you start a painting business with Five Star Painting, many obstacles facing do-it-yourself upstart painters disappear. As a new franchise business owner, you now have people to rely on. That means you have more time to grow your business and more time for your personal life. Five Star Painting’s comprehensive support, vendor relationships, and national reputation make it all possible.

Our franchise system provides benefits that you would be hard-pressed to find anywhere else.

Five Star Painting Offers a Simple Business Model

  • Affordable business model, low inventory, low overhead
  • No painting experience required, work with contractors, not employees
  • State-of-the-art e-Business Tools
  • Multiple revenue streams featuring wallpaper removal, pressure washing, carpentry services, and more for consistent business
  • Search Engine Optimization (SEO) and Social Media Account Management
  • Executive business model

Unit Option

Single

Background

FDD Franchised Units: 245

Corporate Owned Units: 0

Projected New Units: 10

Year Established: 2004

First Year Franchised: 2007

Type of Business: Franchise

Hours of Operation: Regular Business Hours

History:

It wasn’t long before our founders — a pair of friends who painted to pay their way through college – realized they’d stumbled on a winning mixture. In 2007, Five Star Painting® launched as a franchise company, completely disrupting the U.S. painting service industry. In 2015, Five Star Painting was acquired by Neighborly®, and today we’re well on our way to becoming North America’s leading provider of painting services, transforming the lives of customers and franchise owners through quality and color.

Availability

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Not Available
Available
Focus

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Not Available
Available
Focus

Territories: United States, Canada: Registered

Financials

Liquidity: $70,000

*Investment Range: $82,200 - $194,600

Minimum Net Worth: No Preference

Franchise Fee: $45,000

Royalty: 6%

Royalty Description: 6% of gross sales monthly except for “roll-in” sales. In addition, minimum license fees apply. Minimum License Fee: $0 for the initial 12 months of the Agreement; thereafter: $12,000 per calendar year.

Advertising: Local: Not to exceed 3% of gross sales.

National Advertising: 2% of Gross Sales except for “roll-in” sales.

Ramp-Up: 4 to 6 months

Passive Ownership: Semi- passive at onset (they can hire a manager to run business)
Passive Ownership means the owner is working 15 hours or less per week in the business.

Available Discounts

  • Veterans

Discount Description: As a member of the International Franchise Association (“IFA”), we participate in the IFA’s VetFran Program. If you are a United States or Canadian honorably discharged veteran who meets our qualifications for purchasing a franchise, we will discount the Minimum Initial Franchise Fee ($45,000) by 20%.

Training, Support and Assistance

Co-Operative Advertising: N/A

Site Selection Assistance: N/A

Lease Negotiation Assistance: N/A

Length of Training: 11-15 Days

Training Description:

Training

We realize you have a business to run, and our comprehensive initial and ongoing training programs help you feel confident and comfortable as you begin your franchise ownership journey.  We set ourselves apart by offering continuous support and training in many areas, including the following.

Onboarding

  • Extensive Sure Start onboarding process including 6 – 8 weeks of systems and business training
  • A mix of self-paced and collaborative online learning
  • One week of classroom-style business training building on Sure Start
  • Individually tailored strategic budgeting, marketing, and operational planning

Ongoing Learning Opportunities

  • Annual training opportunities
  • System-wide and regional meetings
  • All-day training events, weekly webinars, and more
  • Shadow successful owners and learn from their systems and procedures

Operational and Marketing Tools:

World-Class Marketing and Support

Our franchise owners are our top priority

We understand feeling secure in your business means being prepared, so we make sure to provide 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, but you will also have a dedicated Franchise Business Coach.

Our ultimate goal is to help you succeed

To do that, we provide you access to ongoing training and support in the following areas:

  • Setting up office systems and day-to-day operations
  • Technology training, including the operation of our software systems
  • Education in the Five Star Painting business systems, culture, and leadership development
  • Tested marketing systems, local marketing consulting, and access to marketing collateral
  • Finance management and business strategy
  • Ongoing training and development

Preferred Vendor Discounts

At Five Star Painting, as part of Neighborly, we are excited to offer franchise owners the opportunity for membership in our preferred vendor discount and rebate program. ProTradeNet® is an asset that greatly differentiates us from our competitors. With the power of this program, we can offer supplies and products to our franchise owners at discounted prices not available to independent business owners. In addition, we offer a rebate program, which has resulted in hundreds of thousands of annual rebates systemwide.

Regional and National Conferences

Five Star Painting and Neighborly offer regional and national conferences to allow franchisees to gather, share and learn together. There’s nothing quite as valuable as franchise owners talking and sharing success stories with each other. In addition, every year, the home office provides training on best practices and highlights emerging trends and new technologies.

Financing Assistance: Available

Interested in this Concept? Unlock it with the form below.

Presented By:

Sandra Webb

ProFit Franchise Partners

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