Five Star Painting is a professional painting service offering both residential and commercial painting solutions. The franchise provides high-quality interior and exterior painting services.
Key Insights
- Five Star Painting emerged when founders recognized significant opportunities to transform traditional service delivery methods within their market, developing innovative approaches that addressed specific customer pain points and established new standards for quality and reliability in the industry.
- Restoration techniques combine traditional craftsmanship skills with modern materials and equipment to achieve lasting, high-quality results that meet or exceed original property conditions, utilizing industry best practices and proven methods for optimal outcomes.
- Industry trends favor businesses that can adapt quickly to changing regulations, customer preferences, and market conditions while maintaining quality standards, creating competitive advantages for organizations that invest in training, technology, and customer-focused service approaches.
Franchise Fee and Costs to Open
Exploring the financial picture of Five Star Painting gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $77,449 - $184,529, along with a franchise fee of $45,000 - $45,000.
Financial Performance and Revenue
Yearly gross sales of $572,580 and estimated earnings of $68,710 - $85,887 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 2.2-4.2 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.
Training and Resources
Five Star Painting provides comprehensive initial training. This program offers a blend of classroom instruction and on-site experience, lasting approximately two weeks. Training is conducted at Five Star Painting's headquarters. The franchisor also offers ongoing support and resources to help new franchisees establish their businesses.
Legal Considerations
Legal considerations for a Five Star Painting franchisee are outlined in the Franchise Disclosure Document (FDD) and the Franchise Agreement. Note that this franchise discloses lawsuits and/or bankruptcy information in its FDD, which may impact your evaluation. Subscribe now to access more details and be sure to consult a qualified attorney before proceeding.
Challenges and Risks
A franchisee may encounter challenges in establishing a strong local market presence against established competitors. Managing the day-to-day operations, including scheduling, workforce coordination, and quality control, requires efficient systems. Dependence on specific paint manufacturers or suppliers for consistent product availability and pricing also warrants careful consideration.
Franchise Datasheet
FAQs
What is the minimum cash required to open a Five Star Painting franchise?
How can I estimate the profitability and return on investment (ROI) of a Five Star Painting franchise?
What is the franchisee fee for a Five Star Painting franchise?
How to open a Five Star Painting franchise?
How many locations does Five Star Painting have?
Get insider access to franchise insights
Subscribe to receive expert tips, franchise rankings, and exclusive data straight to your inbox, trusted by thousands of aspiring business owners and investors.
Franchise resources & insights
Explore expert guides, data-driven articles, and tools to help you make smarter franchise decisions, whether you're just starting out or ready to invest.
