Franchise Database (Updated ) | FranChimp

360 Painting

Premium Service Brands

Company Information

630 Peter Jefferson Parkway, Suite 200Charlottesville, VA 22911

[email protected]

360 PAINTING, LLC is a limited liability company formed in the State of Delaware on April 1, 2013. Their principal place of business is 630 Peter Jefferson Parkway, Suite 200, Charlottesville, VA 22911. They are 100% owned by Premium Service Brands, LLC, a Delaware entity formed on January 20, 2015. They and their predecessor 360 Painting Inc. have offered franchises since September 2006.

360 PAINTING, LLC grants Unit Franchises to qualified individuals and business entities to establish and operate businesses in conjunction with the service mark “360 Painting” and certain other logos and trademarks (collectively referred to as the “Marks”). We refer to the 360 PAINTING business you will operate as a Unit Franchisee as the “Franchised Business.” We and our predecessor 360 Painting Inc. have offered franchises since September 2006. We do not offer and have not previously offered franchises in any other line of business. Furthermore, we do not operate or own any businesses similar to the Franchised Business. From August 2007 to December 2010, we granted Regional Development Rights to qualified individuals and business entities to solicit and recruit Unit Franchisees for the 360 PAINTING System. The Unit Franchise opportunity is the sole business opportunity offered pursuant to this Disclosure Document and is referred to herein as a “360 PAINTING business.” 360 PAINTING Unit Franchises are businesses that provide residential and commercial painting services. The prototypical 360 PAINTING Unit Franchise offers a full range of painting, decorating and wall finishing services for both exterior and interior portions of residences and “light commercial” buildings. 3 Each 360 PAINTING business must operate in accordance with our “System”. The distinguishing characteristics of the System include among other things, uniform standards and procedures for business operations and management, procedures and strategies for marketing, advertising and promotions, signage, vehicle wrapping, inventory and materials; methods and techniques for painting and wall finishing, methods and techniques for inventory and cost control, the Marks, the Manual, uniform standards, specifications and procedures; record keeping, accounting, billing, collections and account management; all of which are designed to enhance the business and managerial aspects of residential and commercial painting business. We reserve the right to offer special incentive programs at any time in the future which may decrease any of the fees listed in Items 6 and 7 of this Disclosure Document. Generally, these incentive programs will be conditioned upon you executing a Franchise Agreement or opening your Store by a specified date and may only be available for specific Stores or in specified markets which we determine in our sole discretion. We may alter or discontinue these programs at any time in our sole discretion without notice to you. These incentive programs may not be combined with any other offer or program unless indicated by us in writing. Furthermore, if you have executed a Franchise Agreement before the dates specified for the incentive programs, acquired a 360 Painting location from an existing franchisee via a transfer, or are renewing an existing Franchise Agreement, you are not eligible to receive the incentive program.

6 Ongoing Lawsuits

FDD Effective Date Action

Franchise Rating

Franchimp Summary Rating

7/10

Earning Transparency

7/10

Investment Accessibility

6/10

Summary of potential earnings

Average Revenue Per Unit

$433,123 / unit

Average Revenue During 2020
Franchise Type:

Decorating & Home Design

$427,974

Industry Low

$2,682,512

Industry High

Franchise System Development

Year Units at Start of Year Units Opened Units Terminated Non-Renewals Re-Acquired by Franchisor Ceased Operations Units at End of Year

Distribution of 360 Painting Franchisee

Employee Contact Database

# Name Position Email Phone

Summary of Investment Costs

Upfront Franchise Fees

Minimum: $70,000 Maximum: $70,000

Upfront franchise fees are the one-time payments required to secure rights to operate under an established brand, typically ranging from $20,000 to $100,000+ depending on brand value.

These fees grant access to proprietary business systems, training programs, intellectual property rights, and often territorial exclusivity—essentially purchasing the blueprint for a proven business model.

While separate from ongoing royalties, investors should evaluate these fees against expected returns, comparing fee-to-earnings ratios across opportunities and assessing how effectively franchisors reinvest these funds into system improvements.

Total Investment Costs

Minimum: $101,350 Maximum: $145,000

Ongoing Fees

Ongoing franchise fees, typically structured as royalties ranging from 4-8% of gross sales, represent the continuous payments franchisees make to maintain brand affiliation and support services.

These recurring fees fund the franchisor's operational assistance, marketing initiatives, technology updates, and continued brand development—creating a partnership where the franchisor's revenue grows alongside the franchisee's success. In addition to royalties, franchisees often contribute to national advertising funds (usually 1-3% of sales) and may incur technology fees, supply chain markups, or renewal fees depending on the franchise agreement.

Investors should carefully analyze these ongoing costs within their financial projections, as they directly impact profit margins and cash flow throughout the entire franchise relationship.

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