What Are Operating Procedures of 360 Painting Franchise
Considering a franchise opportunity in the painting industry? Discover how the 360 Painting franchise model empowers owners with a proven system for success, from lead generation to project completion. If you're looking for a detailed roadmap to navigate this lucrative market, our 360 Painting Franchise Business Plan Template offers invaluable insights.
| # | Operating Procedure | Description |
|---|---|---|
| 1 | Sales and Marketing | Franchisees are supported by franchisor-led lead generation initiatives, including a national call center and guidance from an in-house marketing agency. A required local marketing spend ensures consistent brand presence and customer acquisition. |
| 2 | Production Management | The operational model focuses on managing production effectively, including project planning, scheduling, and quality assurance. Franchisees are trained on paint technology and application techniques to oversee subcontracted crews and ensure high-quality results. |
| 3 | Financial Management | The franchise system provides tools and training for financial planning and management. Franchisees are expected to manage their business operations with a focus on achieving profitability and return on investment. |
| 4 | Customer Service | Maintaining high customer satisfaction is a core component of the operating procedure. This involves clear communication, adherence to project timelines, and ensuring the quality of work delivered by crews. |
| 5 | Team Management | While the model is often described as an executive model, effective management of subcontracted painting crews is crucial. This includes hiring, training, and managing the performance of these teams to ensure service delivery excellence. |
What Training Is Provided for 360 Painting Owners
What training is provided for 360 Painting owners?
The initial training program for 360 Painting owners is a comprehensive multi-week experience designed to equip them for success. It begins with 40-50 hours of virtual, self-paced pre-training modules covering the foundational aspects of running a painting franchise business. This is followed by an intensive one-week in-person or live virtual training session held at the corporate headquarters. This phase delves into critical areas such as sales strategies, marketing implementation, production management, financial planning, and the utilization of proprietary software, all aimed at facilitating a strong business launch.
Furthermore, the training curriculum includes specialized modules focused on paint technology and application techniques. While owners are not expected to perform the painting themselves, this training ensures they possess the knowledge to confidently manage projects and uphold quality control standards when working with their subcontracted crews.
What ongoing support is available after launch?
Post-launch, 360 Painting offers robust ongoing support to its franchisees, ensuring continuous development and operational efficiency. Each new franchisee is paired with a dedicated business coach who provides support throughout the business's lifecycle. In the initial year, weekly coaching calls are standard practice to aid in the business launch and ramp-up phase, with an impressive participation rate of over 95% from new owners.
The franchisor also facilitates ongoing learning and collaboration through regional meetings, annual conventions, and weekly system-wide webinars. These sessions cover a wide array of topics, including advanced sales techniques, innovative marketing strategies, and operational best practices. Additionally, franchisees benefit from 24/7 access to an online portal that houses an extensive library of training materials, operational manuals, marketing assets, and a forum for connecting with fellow owners, fostering a strong sense of community and shared knowledge.
Evaluating the 360 Painting Franchise Opportunity
Is 360 Painting a good franchise to own?
For individuals possessing strong management capabilities and the necessary capital, 360 Painting presents a compelling franchise opportunity. This is largely due to its scalable executive model, the significant brand recognition it commands, and the comprehensive franchisor support systems in place within a resilient, multi-billion dollar industry. A notable advantage of a 360 Painting franchise is its low-overhead structure; operating as a home-based business eliminates the substantial costs associated with commercial leases, potentially saving franchisees an estimated $30,000 to $60,000 annually compared to traditional brick-and-mortar businesses.
When considering a painting franchise, validating the experience of existing franchisees is paramount. 360 Painting demonstrates high franchisee satisfaction rates, as evidenced by third-party surveys, and provides detailed financial performance representations within its Franchise Disclosure Document (FDD), offering strong positive indicators for potential investors.
How does it compare to other painting franchises?
In the landscape of painting franchise opportunities, 360 Painting distinguishes itself through its strong emphasis on franchisor-driven lead generation, facilitated by its national call center, and a mandated local marketing spend managed by an in-house agency. The initial investment for a 360 Painting franchise falls within the mid-range for the industry. While some competitors might offer a lower entry cost, 360 Painting's initial fee encompasses a more comprehensive technology and marketing startup package, providing a more robust foundation for new owners.
Furthermore, the brand benefits from being part of Premium Service Brands, a multi-brand franchisor. This affiliation provides significant backend resources, opportunities for cross-promotional marketing, and enhanced buying power when compared to many standalone competitors. This corporate backing represents a considerable advantage for individuals seeking a painting franchise to acquire.
Key Takeaways
- The 360 Painting franchise operates on a home-based, executive model, focusing on sales, marketing, and project management, with franchisees managing teams of painters and utilizing proprietary software and established supplier relationships for potential paint cost savings of up to 40%.
- The total investment for a 360 Painting franchise ranges from $101,350 to $146,100 as of early 2025, including a $69,500 franchise fee, with potential discounts for veterans.
- In 2024, the average gross revenue for a 360 Painting franchise open for at least 12 months was $677,979, with top-quartile performers exceeding $1,250,000 in gross revenue.
- The initial steps to becoming a franchisee involve submitting an inquiry, introductory calls, reviewing the FDD, discovery and validation calls with existing franchisees, and a final 'Meet the Team Day.'
- Franchise ownership requires a minimum net worth of $250,000 and $75,000 in liquid capital, along with strong leadership, management, and sales skills, though prior painting experience is not necessary.
- Day-to-day operations focus on sales, marketing, customer relationship management, and project oversight, with franchisees using proprietary CRM software and coordinating with subcontracted painting crews.
- 360 Painting provides comprehensive marketing support through a multi-channel system funded by a 2% brand fund fee, including national digital campaigns, local SEO, a 'Marketing-in-a-Box' startup package, and ongoing support from an internal marketing agency.
What Is the 360 Painting Franchise Model?
The 360 Painting franchise business model is designed as a home-based, low-overhead operation. Franchisees in this painting franchise business act as executive managers, focusing on sales, marketing, and project oversight rather than performing the physical labor themselves. This approach allows for scalability within a defined, protected territory.
This franchise business model leverages a strong national brand presence, supported by proprietary business management software. As of 2025, established supplier relationships with major paint companies like Sherwin-Williams and PPG are in place, potentially offering franchisees significant paint cost savings, reportedly up to 40%.
A key component of the 360 Painting franchise opportunity is the national call center. This center handles inbound customer inquiries and schedules estimate appointments for franchisees. In 2025, this support system is projected to manage over 200,000 customer interactions, enabling owners to concentrate on closing deals and managing their local market operations.
Key Aspects of the 360 Painting Franchise Model
- Executive Management Focus: Franchisees manage teams and operations, not direct labor.
- Low Overhead: The home-based model minimizes initial operational costs.
- Scalable Growth: Designed for expansion within a protected territory.
- National Support: A call center handles lead generation and appointment setting.
- Supplier Discounts: Access to savings on paint through national partnerships.
For those considering how to buy a painting franchise, understanding the investment is crucial. The initial investment for a 360 Painting franchise typically ranges from $101,350 to $145,000. This includes an initial franchise fee of $65,000. Franchisees are also required to pay a royalty fee of 6% of gross revenue and a marketing fee of 2%.
The financial performance data indicates strong earning potential. The average annual revenue per unit was $597,781 in 2023, with a median of $495,633. This painting franchise business also boasts a rapid breakeven time of approximately 12 months and an investment payback period of around 24 months.
The franchise network has seen consistent growth, expanding from 124 franchised units in 2021 to 160 units by 2023, with no corporate-owned units reported during this period. This indicates a strong commitment to the franchise model and franchisee success.
When evaluating a painting franchise opportunity, it's important to consider the support provided. 360 Painting offers comprehensive training and ongoing support, covering everything from sales and marketing to operational management. This comprehensive support system is designed to help franchisees navigate the complexities of running their business effectively.
For those interested in exploring similar opportunities, it's beneficial to understand the broader landscape. What Are Some Alternatives to the 360 Painting Franchise? This can provide valuable context for making an informed decision about how to start a painting business.
How Much Does A 360 Painting Franchise Cost?
When considering a painting franchise business, understanding the initial investment is crucial. For a 360 Painting franchise, the total investment can range from approximately $101,350 to $146,100, as of early 2025. This figure encompasses various essential components needed to launch your business.
A significant part of this upfront cost is the franchise fee, which stands at $69,500. This fee is your gateway to the brand's established systems, comprehensive training programs, and a defined operational territory. It's worth noting that for those who have served in the military, a discount of up to 15% on this franchise fee may be available, making the 360 Painting franchise opportunity more accessible.
Beyond the franchise fee, other key expenses contribute to the overall painting franchise investment. As detailed in the 2025 Franchise Disclosure Document (FDD), you should budget for vehicle acquisition, which could range from $2,000 to $5,000 for a down payment or wrap. Initial marketing efforts are also a significant consideration, typically falling between $10,000 and $15,000. Additionally, having sufficient working capital for the first three months of operation, estimated at $15,000 to $30,000, is vital for smooth day-to-day management.
Key Investment Components to Consider
- Franchise Fee: $69,500
- Vehicle Costs (Down Payment/Wrap): $2,000 - $5,000
- Initial Marketing Spend: $10,000 - $15,000
- Working Capital (3 Months): $15,000 - $30,000
For those exploring how to buy a painting franchise, understanding these financial benchmarks is a critical first step in evaluating the 360 Painting franchise operations. Exploring the pros and cons is also essential, and you can learn more about that here: What Are the Pros and Cons of Owning a 360 Painting Franchise?
What Is The Profit Potential For 360 Painting?
When considering a 360 Painting franchise opportunity, understanding the profit potential is crucial. Based on the 2024 Franchise Disclosure Document (FDD), locations open for at least 12 months reported an average gross revenue of $677,979. This figure provides a solid benchmark for evaluating the financial performance of a painting franchise business.
Profitability in this franchise business model is significantly influenced by how effectively an owner manages key operational aspects. This includes labor costs, marketing spend, and overall operational efficiency. For context, the painting industry typically sees gross profit margins ranging from 45% to 55%. This means that a substantial portion of revenue remains after accounting for the direct costs of providing painting services.
The scalability of the 360 Painting franchise is further highlighted by the performance of its top-quartile franchisees. In 2024, these top performers reported average gross revenues exceeding $1,250,000. These higher figures underscore the potential for growth and increased earnings for franchisees who excel in their operations and market penetration.
Several factors can impact the profit potential for any given 360 Painting franchisee. These include the specific demographic and economic conditions within their designated territory, the effectiveness of their local marketing strategies, and their ability to recruit and retain a reliable team of subcontractors. Additionally, it's important to factor in the ongoing fees associated with the franchise model. The ongoing royalty fee is 6% of gross revenue, and there's a 2% brand fund fee that supports national marketing initiatives.
For those interested in the financial details of owning a 360 Painting franchise, resources like How Much Does a 360 Painting Franchise Owner Make? offer a deeper dive into franchisee earnings. It's also worth noting that the initial investment for a 360 Painting franchise typically ranges from $101,350 to $145,000, with a franchise fee of $65,000.
Key Factors Influencing Profitability for a Painting Franchise:
- Territory Analysis: Thoroughly research the economic health and demographic makeup of your potential territory. A strong local economy and a population that values home improvement can significantly boost revenue.
- Marketing Acumen: Develop and execute a robust local marketing plan. Effective digital and traditional marketing can drive customer acquisition and build brand recognition within your service area.
- Team Management: Building and retaining a skilled team of painters is paramount. A well-managed, reliable team ensures quality service, which leads to repeat business and positive reviews.
- Operational Efficiency: Streamline your processes, from quoting and scheduling to project completion and invoicing. Efficient operations reduce costs and improve customer satisfaction.
Steps To Starting A 360 Painting Business
What are the initial steps to becoming a franchisee?
Embarking on the journey to become a franchisee for this painting franchise business begins with a straightforward inquiry. You'll submit an initial form, followed by a conversation with a franchise development representative. This is where you’ll receive and thoroughly review the Franchise Disclosure Document (FDD), which details the entire painting franchise investment. As of 2025, a significant majority, over 90%, of candidates who proceed to the next stage engage in discovery calls with the support team and validation calls with existing franchisees. Speaking with at least three current owners is a common practice to gauge their satisfaction and performance.
The culmination of these initial steps involves attending a 'Meet the Team Day,' which can be virtual or in-person. This is your opportunity to meet the leadership team, ensuring a mutual fit before committing to the franchise agreement. This thorough vetting process is fundamental to understanding how to become a 360 Painting franchisee.
What are the requirements to own a franchise?
To qualify for this 360 Painting franchise opportunity, candidates must meet specific financial prerequisites. A minimum net worth of $250,000 is required, along with at least $75,000 in liquid capital. These figures are in place to ensure you have the necessary resources for the initial investment and to comfortably manage the business during its early stages. The FDD outlines the total initial investment ranging from $101,350 to $145,000.
Beyond financial stability, the ideal candidate possesses strong leadership, management, and sales acumen. Prior painting experience is not a prerequisite, as the franchise business model is designed to be executive-led. A background in business management is highly valued. Candidates must also successfully pass a background check and demonstrate a commitment to adhering to the franchisor's established systems and processes. This ensures you are well-equipped for understanding the 360 Painting franchise operations and leveraging the brand's proven success.
| Financial Requirement | Amount |
|---|---|
| Minimum Net Worth | $250,000 |
| Liquid Capital Required | $75,000 |
Key Considerations for Franchisees
- Financial Readiness: Ensure you meet the net worth and liquid capital requirements to cover the initial painting franchise investment, which typically falls between $101,350 and $145,000.
- Business Acumen: While no painting experience is needed, a solid foundation in management and sales is crucial for success in this executive-focused franchise business model.
- Due Diligence: Thoroughly review the Franchise Disclosure Document (FDD) and conduct validation calls with existing franchisees to understand the 360 Painting franchise operations and potential ROI.
Understanding the financial landscape is vital when considering a 360 Painting franchise opportunity. The franchise fee alone is $65,000. Once operational, franchisees contribute a royalty fee of 6% of gross sales and a 2% marketing fee. With average annual revenues per unit reported at approximately $597,781, prospective owners can begin to assess the potential profitability. Many franchisees find that their investment payback occurs within 24 months, with breakeven often achieved around 12 months.
The growth trajectory of the brand is also noteworthy, with franchised units increasing from 124 in 2021 to 160 in 2023, indicating a healthy expansion and market demand for this painting franchise business. For a deeper dive into the specifics of this opportunity, explore What Are the Pros and Cons of Owning a 360 Painting Franchise?
| Financial Metric | Average Amount ($) | Percentage of Revenue (%) |
|---|---|---|
| Average Annual Revenue | $597,781 | 100% |
| EBITDA | $233,243 | 39% |
| Franchise Fee | $65,000 | N/A |
| Royalty Fee | 6% | 6% |
| Marketing Fee | 2% | 2% |
Understanding 360 Painting Franchise Operations
When considering a 360 Painting franchise opportunity, understanding the day-to-day operations is crucial for assessing if this painting franchise business aligns with your entrepreneurial goals. The franchise business model here is designed to leverage your management and sales skills rather than your painting expertise.
What does the day-to-day operation involve?
As a franchisee, your daily focus will be on the strategic aspects of running the business: sales, marketing, customer relationship management, and overseeing projects. You won't be picking up a paintbrush yourself. Instead, you'll be utilizing the company's proprietary CRM software to efficiently manage leads, schedule estimates, and keep track of project progress. A typical day involves following up on leads generated by both the national call center and your local marketing efforts. You'll also be performing in-home or on-site estimates, and coordinating with your subcontracted painting crews. For context, in 2024, franchisees were conducting an average of 8-12 estimates per week.
Financial management is another significant component of your daily routine. This includes managing payroll for any direct employees you might have, ensuring subcontractors are paid promptly, meticulously tracking job profitability, and monitoring key performance indicators (KPIs) through the provided business software. This operational structure allows franchisees to focus on growth and customer satisfaction.
What is the territory like for a 360 Painting franchise?
The territory granted with a 360 Painting franchise is a protected, exclusive area. It's defined by specific zip codes and typically encompasses a population of 150,000 to 200,000 people. This exclusivity is a significant benefit, ensuring you won't face competition from other 360 Painting locations within your designated area.
The franchisor carefully maps out these territories using demographic and market data. The goal is to target areas with a high density of single-family homes, usually around 30,000 target households, and strong economic indicators that support home improvement spending. The quality and potential of the territory are indeed critical factors when finding a painting franchise to buy. The 360 Painting franchise model is built to ensure each territory has sufficient potential to support and scale the business effectively.
Tips for Evaluating Franchise Operations
- Focus on Lead Generation: Understand how leads are generated and qualified. The system's ability to consistently provide leads is vital for revenue.
- Subcontractor Management: Assess the franchisor's guidelines and your responsibilities in managing and vetting subcontractors. Quality crews are essential for reputation.
- Technology Utilization: Ensure the provided CRM and business management software are user-friendly and robust enough to handle daily operations efficiently.
| Initial Investment Range | $101,350 - $145,000 |
| Franchise Fee | $65,000 |
| Royalty Fee | 6% of revenue |
| Marketing Fee | 2% of revenue |
| Average Annual Revenue per Unit | $597,781 |
| Median Annual Revenue per Unit | $495,633 |
| EBITDA Margin | 39% |
| Breakeven Time | Approximately 12 Months |
| Investment Payback | Approximately 24 Months |
For a deeper dive into the specifics of this particular franchise, you might want to explore What Are the Pros and Cons of Owning a 360 Painting Franchise?. Understanding these operational details is a key step in how to evaluate a painting franchise opportunity.
How 360 Painting Handles Marketing For Franchisees
Understanding how a franchise system supports its owners is crucial when evaluating a franchise business model. For those looking into a painting franchise business, the marketing support offered by the franchisor can significantly impact a franchisee's success. The 360 Painting franchise provides a robust, multi-faceted marketing strategy designed to drive local business and build brand recognition.
What marketing support is provided?
The franchisor's marketing approach for its franchisees is comprehensive and funded through the 2% brand fund fee. This system is designed to create both national brand awareness and strong local market penetration. Key components include:
- National-level digital marketing campaigns that cast a wide net.
- Search engine optimization (SEO) efforts focused on increasing local visibility for each franchise.
- Management of the corporate website, serving as a central hub for brand information and lead capture.
To kickstart operations, franchisees receive a valuable 'Marketing-in-a-Box' startup package. This initial investment, valued at over $15,000, covers essential local marketing elements such as:
- Local website development, tailored to the franchisee's specific territory.
- Initial pay-per-click (PPC) campaigns to drive immediate traffic.
- Social media setup and initial content strategy.
- Branded marketing collateral to ensure a consistent brand image.
Beyond the startup phase, ongoing support is provided through an internal marketing agency. This team assists franchisees in planning and executing their local marketing budgets. They offer:
- Creative asset development for various marketing channels.
- Recommendations for trusted marketing vendors.
- Performance analytics to help franchisees optimize their marketing spend and ensure a strong return on investment (ROI).
How are leads generated for the business?
Lead generation for the 360 Painting franchise is a dual effort, combining national initiatives with localized franchisee strategies. In 2024, approximately 40% of all leads were generated through centralized channels, highlighting the effectiveness of the franchisor's national reach. These primary sources include:
- The national call center, which handles initial inquiries and pre-qualifies potential customers.
- The corporate website, which captures leads and directs them to the appropriate local franchise.
Franchisees are also required to invest in their local marketing efforts to supplement these national leads and build their own customer base. Successful strategies that have proven effective as of 2025 include:
- Implementing local SEO to rank higher in search results for relevant local terms.
- Running targeted digital ads on platforms like Google and Facebook to reach specific demographics.
- Utilizing direct mail campaigns to connect with homeowners in their service area.
- Building strategic relationships with local realtors and property managers, who can serve as valuable referral partners.
A significant driver of sustained growth for established franchisees is the focus on repeat and referral business. This organic growth can account for over 30% of revenue for well-performing units. The brand's commitment to delivering a '5-Star' customer experience is fundamental to fostering this loyalty and encouraging word-of-mouth referrals, which are often the most cost-effective leads.
| Marketing Support Component | Initial Value/Contribution | Ongoing Support |
|---|---|---|
| Brand Fund Fee | 2% of Revenue | Funds national campaigns, SEO, corporate website management |
| Startup Package | Over $15,000 | Local website, PPC, social media setup, collateral |
| Internal Marketing Agency | N/A | Budget planning, creative assets, vendor recommendations, analytics |
Tips for Maximizing Marketing ROI
- Track everything: Utilize the provided analytics to understand which marketing channels are delivering the best results for your specific territory.
- Leverage referrals: Actively encourage satisfied customers to leave reviews and refer new business. Consider a referral incentive program.
- Localize national efforts: While national campaigns provide a baseline, always tailor your local marketing efforts to the unique characteristics and needs of your community.
For those considering this 360 Painting franchise opportunity, understanding the depth of marketing support is key. It’s a significant benefit of the franchise business model that can help new owners establish a strong presence quickly. To learn more about the specifics, exploring What Are the Pros and Cons of Owning a 360 Painting Franchise? can provide further insights into the overall operational landscape.
What Training Is Provided for 360 Painting Owners
What does the initial training program cover?
Embarking on your journey as a 360 Painting franchise owner begins with a robust initial training program. This comprehensive, multi-week program is designed to equip you with all the necessary knowledge to launch and manage your painting franchise business successfully. It starts with 40-50 hours of virtual, self-paced pre-training modules. These modules lay the groundwork, covering the essential aspects of operating a painting franchise business.
Following the pre-training, you'll attend a week-long, intensive in-person or live virtual training session held at the corporate headquarters. This critical phase dives deep into key business areas, including sales strategies, marketing techniques, production management, financial planning, and the effective use of proprietary software. The goal is to ensure you are thoroughly prepared for a strong business launch.
Moreover, the training curriculum includes specialized modules focused on paint technology and application methods. While you won't be performing the painting yourself, this knowledge is vital. It empowers you to confidently manage projects, oversee quality control, and effectively communicate with your subcontracted crews, ensuring high standards are met across all jobs.
What ongoing support is available after launch?
The support doesn't end once your 360 Painting franchise is up and running. Each new franchisee is paired with a dedicated business coach who provides guidance throughout the life of their business. In the crucial first year, weekly coaching calls are standard. These sessions are instrumental in assisting with the business launch and ramp-up phase, with a remarkable over 95% of new owners actively participating.
The franchisor also offers continuous support through various channels. This includes regional meetings, annual conventions, and weekly system-wide webinars that address a wide range of topics. You can expect to gain insights into advanced sales techniques, innovative marketing strategies, and methods for improving operational efficiency, all contributing to the growth of your painting franchise business.
Furthermore, franchisees have 24/7 access to an extensive online portal. This resource hub contains a rich library of training materials, detailed operational manuals, ready-to-use marketing assets, and a dedicated forum. This platform fosters a strong collaborative support network, allowing you to connect with and learn from other franchise owners. For those interested in the specifics of launching, exploring How to Start a 360 Painting Franchise in 7 Steps: Checklist can provide a clear roadmap.
Key Takeaways for New Franchise Owners
- Structured Training: The initial training is extensive, covering both business fundamentals and operational specifics.
- Personalized Coaching: Dedicated business coaches provide ongoing support, especially critical in the first year.
- Community & Resources: Access to a network of peers and a comprehensive online portal aids continuous learning and problem-solving.
| Initial Training Duration | 40-50 hours virtual pre-training + 1 week intensive |
| Key Training Areas | Sales, Marketing, Production, Finance, Software, Paint Technology |
| Ongoing Support | Dedicated Business Coach, Regional Meetings, Webinars, Online Portal |
| Coach Availability | Weekly calls in the first year for over 95% of new owners |
Understanding the comprehensive training and support structure is crucial when evaluating a 360 Painting franchise opportunity. It highlights the franchisor's commitment to franchisee success, aiming to provide the tools and guidance needed to thrive in the painting franchise business sector. With an average annual revenue per unit reported at $597,781, the investment in training and support is a key component of the franchise business model.
Evaluating The 360 Painting Franchise Opportunity
Is 360 Painting a good franchise to own?
For individuals possessing strong management capabilities and the necessary capital, a 360 Painting franchise presents a compelling business opportunity. Its executive model is designed for scalability, supported by a recognized brand and robust franchisor assistance systems within the stable, multi-billion dollar painting industry.
A significant advantage of the 360 Painting franchise is its low-overhead business model. Operating as a home-based business eliminates the substantial expense of a commercial lease, potentially saving franchisees between $30,000 and $60,000 annually compared to traditional brick-and-mortar establishments.
When considering any painting franchise, validating the experience of existing franchisees is paramount. 360 Painting demonstrates high franchisee satisfaction rates, as indicated by third-party surveys. Furthermore, the detailed financial performance data provided in their Franchise Disclosure Document (FDD) offers strong positive indicators for potential owners.
How does it compare to other painting franchises?
When evaluating options for how to buy a painting franchise, 360 Painting stands out due to its focus on franchisor-driven lead generation. This is managed through a national call center, complemented by a mandatory local marketing spend that is expertly guided by an in-house agency.
The initial investment for a 360 Painting franchise falls within the mid-range for the industry. While some competitors might offer a lower entry cost, the 360 Painting initial fee includes a more comprehensive package for technology and marketing startup.
Being part of Premium Service Brands, a multi-brand franchisor, provides substantial backend resources, opportunities for cross-promotional marketing, and greater purchasing power than many independent competitors. This corporate backing is a considerable asset when searching for a painting franchise to acquire.
| Initial Investment Range | $101,350 - $145,000 |
| Franchise Fee | $65,000 |
| Royalty Fee | 6% |
| Marketing Fee | 2% |
| Cash Required | $101,350 - $145,000 |
| Net Worth Required | $100,000 - $200,000 |
The franchisor's support extends to marketing, with franchisor-led lead generation and a guided local marketing spend. This structured approach can significantly ease the burden on new franchisees. Understanding the operational aspects is key; the franchise business model leverages a system designed for efficiency.
Key Considerations for a 360 Painting Franchise Opportunity
- Franchisee Validation: High franchisee satisfaction rates are a positive sign for anyone looking to buy a painting franchise.
- Financial Performance: Reviewing the FDD for detailed financial performance representations is crucial.
- Brand Strength: A strong brand recognition within the painting franchise business can be a significant advantage.
- Support Systems: Evaluating the franchisor support, including marketing and operational guidance, is essential.
The average annual revenue per unit reported is $597,781, with a median of $495,633. This financial data is vital for understanding the potential of a 360 Painting franchise opportunity. For a deeper dive into earnings potential, consider reviewing How Much Does a 360 Painting Franchise Owner Make?
The company has seen steady growth in its franchised units, expanding from 124 units in 2021 to 160 units in 2023. This indicates a growing network and market presence for the 360 Painting franchise.
| Financial Metric | Amount ($) | Percentage of Revenue (%) |
|---|---|---|
| Average Annual Revenue | 597,781 | 100% |
| Operating Expenses | 364,538 | 61% |
| EBITDA | 233,243 | 39% |
The breakeven time is estimated at 12 months, with an investment payback period of around 24 months. These metrics are important for assessing the financial viability of a painting franchise business.