Five Star Bath Solutions specializes in high-quality bathroom renovations. The franchise offers expert remodeling services, focusing on delivering top-notch results and customer satisfaction.
Key Insights
- Five Star Bath Solutions began with a vision to revolutionize bathroom remodeling, building on foundational principles of quality craftsmanship and customer service. The business has since grown, establishing a nationwide network dedicated to providing efficient and effective bathroom renovation solutions.
- The franchise operates through a network of local service providers who offer a comprehensive range of bath and shower remodeling services. They manage the entire process from initial consultation and design to installation, focusing on transforming outdated bathrooms with durable and aesthetically pleasing upgrades.
- Operating within the home improvement sector, Five Star Bath Solutions addresses a consistent demand for residential upgrades. The market experiences ongoing interest from homeowners seeking to enhance their living spaces, improve functionality, and increase property value through renovations.
Franchise Fee and Costs to Open
Exploring the financial picture of Five Star Bath Solutions 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 $162,000 - $293,500, along with a franchise fee of $59,500 - $59,500.
Financial Performance and Revenue
Yearly gross sales of $1,250,564 and estimated earnings of $175,079 - $225,102 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 1.6-3.6 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 Bath Solutions provides comprehensive initial training for new franchisees. This program offers extensive instruction covering all aspects of the business. The initial training period is two weeks long and is conducted at Five Star Bath Solutions' corporate headquarters. This resource helps new owners build a solid foundation for their franchise operations.
Legal Considerations
Legal considerations for a Five Star Bath Solutions 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
Operating a Five Star Bath Solutions franchise involves navigating local market dynamics, where understanding competitor offerings and pricing is a key consideration. The operational complexity of managing installation schedules, skilled labor, and material logistics requires a robust system. Furthermore, reliance on specific product suppliers for quality and availability presents another area for strategic focus.
Franchise Datasheet
FAQs
What is the minimum cash required to open a Five Star Bath Solutions franchise?
How can I estimate the profitability and return on investment (ROI) of a Five Star Bath Solutions franchise?
What is the franchisee fee for a Five Star Bath Solutions franchise?
How to open a Five Star Bath Solutions franchise?
How many locations does Five Star Bath Solutions 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.
