Fresh Coat is a residential and commercial painting service brand. The franchise offers interior and exterior painting with professional project management.
Key Insights
- Fresh Coat began as a small painting service with a focus on customer satisfaction and quality workmanship. Over time, it grew through a commitment to providing a consistent and professional experience for clients seeking interior and exterior painting solutions for residential and commercial properties. The business model emphasizes streamlined operations and repeatable success.
- The franchise operates using a proven system for lead generation, project management, and customer service. Franchisees receive comprehensive training and ongoing support to establish and manage their painting businesses efficiently. This structured approach allows for scalability and brand consistency across all locations, ensuring a reliable service offering.
- The painting industry caters to a continuous demand for property maintenance and enhancement. Homeowners and businesses regularly require services for aesthetic updates, protection against the elements, and repairs. The franchise is positioned within this essential service sector, meeting diverse client needs for renovation and upkeep.
Franchise Fee and Costs to Open
Exploring the financial picture of Fresh Coat 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 $81,150 - $120,250, along with a franchise fee of $49,900 - $49,900.
Financial Performance and Revenue
Yearly gross sales of $594,928 and estimated earnings of $83,290 - $107,088 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
Fresh Coat provides comprehensive training for new franchisees. Initial training is a two-week program held at Fresh Coat headquarters. This extensive curriculum offers a deep dive into all aspects of operating a successful painting business. Fresh Coat also offers ongoing support and resources to help franchisees thrive.
Legal Considerations
Legal considerations for a Fresh Coat 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
Franchisees may encounter navigating a diverse local competitive landscape, requiring distinct marketing approaches. Managing job scheduling, workforce allocation, and quality control presents operational intricacies. Securing reliable access to specific paint and materials, ensuring consistent supply, will be a key consideration for maintaining service standards.
Franchise Datasheet
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