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Fresh Coat

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Fresh Coat
10700 Montgomery Rd., # 300
Cincinnati, OH 45242
800#: (800) 317-7089
Tel: (513) 587-4974
Fax: (513) 563-2691
E-Mail: [email protected]
Web Site: www.freshcoatpainters.com
Contact: Mr. Ralph Martin, President


All over America, homeowners spend millions of dollars everyday on painting kitchens, family rooms�every room in the house. And FRESH COAT has captured a niche within the industry that is taking the market by storm. As a franchisee, you build your business through proven marketing, expertise and a system exclusive to FRESH COAT. This business is about building an organization and managing people. No painting required. In fact, we prefer you don't own a brush.




Franchisor Background


Established: 2004
First Franchise: 2005
Franchise Units: 17
Company-Owned Units: 1
Total Units: 18

Distribution:
U.S. -- 18; Canada -- 0; International -- 0
-North America -- Operations in 14 States
-States/Provinces with Greatest Density: 2 in CA, 2 in NY, 2 in VA

Projected New Units Over Next 12 months: 60
Franchisee Qualifications: 3, 4, 1, 2, 2, 4
(Click here for an explanation)

Registered in Following Registration States: All States (Click here for an explanation)
Average Number of Employees: 1 FT (FT = Full Time, PT = Part Time)
Space Needs: NA SF; NA (Click here for abbreviations)
Encourage Conversion: Yes


Financial Requirements

Cash Investment: $17.9K
Total Investment: $25.4-42.9K
Average Total Investment: $34.2K
Minimum Net Worth: $10K

Fees:
-Franchise: $17.9K
-Average Franchise Fee: $17.9K
-Royalty: 6%
-Average Royalty: 6.0%
-Advertising: $100/Mo.

Provide Earning Claim Statement: No


Terms of Contract

Term of Contract (Years): 10/10/10
Passive Ownership: Discouraged
Area Development Agreements: Yes
Sub-Franchising Contracts: No
Expand In Territory: NR


Franchisor Support and Training Provided

Site Selection Assistance: NA
Lease Negotiation Assistance: NA
Financial Assistance: Yes(D)
Cooperative Advertising: NA
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 27
On-Going Support: B,C,E,F,G,H,I (Click here for an explanation)
Training: 5 Days in Cincinnati, OH.


Franchisor's Specific Expansion Plans

U.S.: All United States
Canada: All Canada
Overseas: All Countries

Note: NR = No Response by Franchisor.
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