Franchising Status
Eligibility for SBA Loan

Overall Rating

Franchise Summary

Description
As a franchisee you will perform professional painting services for both residential and commercial customers and other related services and products
Company Background
Fivestar Painting is a franchise program that provides painting services for both residential and commercial customers. Fivestar Painting's mission is to provide high-quality, professional work at an affordable price. A family-owned company with over 50 years of experience in the painting industry, Fivestar Painting has become one of America's most trusted brands for paint projects large or small. With more than 1,500 franchises across North America and Canada, Fivestar Painting has grown into the largest chain of full service painting companies in the world. FIVESTARPAINTING
Franchise Opportunity
Painting a home, apartment or office building can be a tedious and time-consuming process. Our franchisees are able to provide professional painting services for both residential and commercial customers. We have been in business since 1983 with over 3,000 franchisees across the country, each providing exceptional customer service along with high quality workmanship at an affordable price. Five Star Painting has developed a proven system that allows our franchisees to operate their businesses efficiently while providing excellent customer service. We use proprietary technology for scheduling your jobs quickly and easily so you spend more time doing what you love -- painting! With over three decades of experience we know exactly how to get the job done right every time. And if we don't do it right? You won't pay us until you're satisfied!
Corporate Structure
Five Star Painting, Inc. is a Delaware limited liability company. They were incorporated in Nevada in 2007 as “Five Star Franchising, Inc.” They changed their name to “Five Star Painting, Inc. on June 17, 2010. Effective January 1, 2016, they were converted from a Nevada corporation to a Delaware limited liability company. They maintain their principal place of business at 1010-1020 North University Parks Drive, Waco, Texas 76707. They have offered franchises since September 2007.
Investment and Franchisee Fees
The total investment necessary to begin operation of a FIVE STAR PAINTING® franchise ranges from $69,700 – $179,250. This includes $41,250 ($40,000 Minimum Initial Franchise Fee plus $1,250 Software System enrollment fee) that must be paid to the franchisor and its affiliates. It does not include fees for additional territory (beyond 150,000 – 200,000 population), for which we charge $200.00 per 1,000 population.
Royalties and Marketing Fees

Royalties : 6.0% of revenue

Employee Contact Database

# Name Position Phone Number Email Address

Franchise Disclosure Documents

FDD Effective Date

Franchisee Financial Performance

Average franchisee revenue and gross profit relative to industry peers

Accessibility

Net wealth and liquid capital requirements relative to industry peers

Franchisor Reputation

Number of lawsuits and bankruptcies relative to industry peers

Franchisor Financial Health

Revenue and cash of franchisor relative to industry peers

Franchise System Health

Franchisee termination and cessation rate relative to industry peers

Affordability

Investment and franchise fees relative to industry peers

Distribution of Five Star Painting Franchisees

Five Star Painting Franchise System Development in 2017

Historical Franchisee Revenue

Average Franchisee Revenue vs. Professional Services in 2018

FAQ

How much investment do I need to start my own Five Star Painting business?
Franchisees typically require at least $61,600 to $136,150 investment to get their Five Star Painting business started
What are the initial franchise fees for Five Star Painting?
Franchisees typically need to pay at least $40,000 in fees directly to Five Star Painting in order to earn the right to launch their business
How much money can I make with a Five Star Painting franchise? What are the average revenues for a typical Five Star Painting business?
We haven’t done the math on how much revenue a typical Five Star Painting brings in each year. We estimate that other franchisees in the Professional Services industry generate $727,232 revenue, so we would expect Five Star Painting to generate a similar amount
How long do I need to commit to running a Five Star Painting unit? What is my contractual commitment?
Five Star Painting franchisees are typically required to sign up to a 10 year contract initially. The renewal length is 10 years. You can of course exit early but don’t expect to get any refund!

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