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Fresh Coat
10700 Montgomery Rd., # 300
Cincinnati, OH 45242
      Top100

Submit an online form to receive information from Fresh Coat.
Business Description

Ranked “Top 25 New Franchise” by Entrepreneur and “Top 55 Fastest-Growing” by Franchise Times in 2009. You’ll use 5 great revenue streams in this $30 BILLION industry to grow and manage your organization while the painters you hire do the painting. This is a great home-based opportunity for mid-managers and executives in an industry with incredible growth potential. Own this exciting, year-round, recession resistant business with low start-up costs and no overhead.

Franchisor Background

Year Established:  2004

Franchising Since:  2005

Operating Units:

Franchised Units:

73

100%
Company-Owned Units:00%
 
Total Operating Units:
73
100.0%
 
Geographic Distribution:
U.S.:7197.3%In 22 States
Canada:22.7%In 1 Canadian Provinces
International:00%In 0 Foreign Countries
 
Total:
73
100.0%
 
 
North America:
States/Provinces with the largest number of operating units:
DensityUnits

Registered in Following Registration States: California, Florida, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, Virginia, Washington, Wisconsin

Financial Requirements

Investment:
Minimum Net Worth: $15.9K
Cash Investment:$7-27.9K
Total Investment:$36.4-58.9K
Average Total Investment:$42K
 
Fees:
Initial Franchise Fee:$27.9K
Average Franchise Fee:$28K
On-Going Royalty:6%
Average Royalty:6%
Advertising Fee:$200/Mo.
 
Average Number of Employees: 2 Full-time, 0 Part-time

Space Needs (in square footage):

Preferred Sites:

Other Sites:

Encourage Conversions? Yes

Earnings Claims Provided?: No

Franchisee Qualifications
 
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:3
General Business Experience:4
Specific Industry Experience:1
Formal Education:2
Psychological Profile:2
Personal Interview(s):4
 
Terms of Contract
 
Term of Initial Contract:10/10/10 Year(s)
Term of Renewal Period: Year(s)
Passive Ownership:Allowed
Area Development Agreements?Yes, for 1 Year(s)
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?Yes
 
Support and Training
 
International Franchise Association:Yes
Canadian Franchise Association:No
Franchisee Association/Member:No
Size of Corporate Staff: 50
Site Selection Assistance?Not Applicable
Lease Negotiation Assistance?Not Applicable
Financial Assistance?Yes, Direct
 
Marketing Support:
Co-Op Advertising:No
National Advertising:Yes
Regional Advertising:Yes
Local Advertising:Yes
Marketing Materials:Ad Slicks, Brochures, Coupons/rebates, Direct Mailers, Promotional Items, Trade Show Exhibits
Additional Services:Newsletter, Online Extranet
Other Marketing Support:Op. Supp, PR, Web, Boot Camp, Conf. Call, Intranet
 
On-Going Support:
Central Data Processing:Not Applicable
Central Purchasing:Not Applicable
Field Operation Evaluation:Included in Fees
Field Training:Not Applicable
Initial Store Opening:Not Applicable
Inventory Control:Not Applicable
Franchisee Newsletter:Included in Fees
Regional or National Meetings:Included in Fees
800 Telephone Hotline:Included in Fees
 
Training:
1. Cincinnati, OH5 Days
 
Expansion Plans
 
Projected New Units Over Next 12 months: 60

U.S.:

Yes, All United States
Canada:Yes, All Canada
Overseas:Yes, All Countries
Submit an online form to receive information from Fresh Coat.