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  Home  >>  Maintenance Services  >>  Interior Products and Services

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Fresh Coat

With Fresh Coat painting services, every client can expect premium service and quality workmanship provided at an affordable price and in a professional and timely manner. With experienced business owners and professional painters, Fresh Coat offers services in more than 100 major cities across North America. Valuing quality customer service, Fresh Coat strives to meet and exceed the expectations of their home and business owners’.  Fresh Coat carefully screens and hires only experienced professional painters who are bonded and insured.  Featured in Entrepreneur magazine’s "Top 100 Home Based", Fresh Coat is a promising franchise opportunity in the $100 billion home services industry.

 

Operating Units

12/31/2006

12/31/2007

12/31/2008

Franchised

30

40

57

% Change

--

33.3%

42.5%

Company-Owned

1

1

0

% Change

--

0.0%

-100.0%

Total

31

41

                       57

% Change

--

32.3%

39.0%

Franchised as % of Total

96.77%

97.56%

100.00%

 

Investment Required

The fee for a Fresh Coat franchise is $27,900 if paid upfront and $33,900 if a portion is financed.  An additional $200 must be paid for every 1000 persons if the territory population exceeds 175,000. 

 

Fresh Coat provides the following range of investments required to open your initial franchise. The range assumes that all items are paid for in cash. To the extent that you choose to finance any of these expense items, your front-end investment could be substantially reduced.

 

Item

Established Low Range

Established High Range

Franchise Fee

$27,900

$33,900

Training Expenses

$500

$1,500

Initial Rent, Telephone, Bank and Other Deposits

$0

$2,000

Computer Hardware and Software

$1,000

$3,000

Equipment and Furniture

$0

$1,000

Opening Advertising

$3,000

$3,000

Monthly Office Rental

$0

$500

Insurance

$2,000

$4,000

Additional Funds (3 months)

$2,000

$10,000

Total Investment

                           $36,400

                        $58,900

 

On-going Expenses

Fresh Coat franchisees pay royalties equal to 6% of gross revenues with a weekly minimum of $75.  Other fees include a national branding fee of $200 per month and a local cooperative advertising contribution equal to 3% of gross revenues. 

 

What You Get—Training and Support

A five-day initial training program will be provided for two employees at corporate headquarters in Cincinnati, OH.  Training will cover the areas of database management, human resources, financial management, hiring, scheduling, equipment, customer services and marketing.

 

Fresh Coat will maintain a website, provide assistance with finding suppliers and offer ongoing assistance with marketing and promotional materials.  Fresh Coat will also hold franchise meetings to discuss sales techniques, proven strategies and introduce new management tools and marketing programs. 

 

Territory

Fresh Coat grants protected territories.