Five Star
Cherry Franchise Broker
Total investment:
$ 69,700
Franchise fee:
$ 40,000
Royalty fee:
6%
Marketing fee:
$ 0
Number of franchises
Return
Time period
Revenue:
$ 12 000*
* Calculator calculations are provisional, not guaranteed
MAIN INFORMATION
Year founded: 2002
Franchise since: 2007
Company owned units:
Franchise owned units: 191
Total number of units:
Number of employees per unit: 4
Contract period: 60 month
FRANCHISE ONLINE
WEBSITEFive Star Painting offer both interior and exterior painting services for residential and commercial customers. The company was founded in 2004 by two friends who painted houses to pay their way through college. In January 2015, Five Star Painting was acquired by Neighborly® — a community of home service franchise businesses with 21 brands and 3,300 franchise locations across the globe. As of 2018, Five Star operates 175 franchises in the United States.
On-The-Job Training: 8-40 hours
Classroom Training: 70.25 hours
Additional Training: Weekly teleconferences; employee-training DVDs; annual convention; training manual
Absentee Ownership Allowed
Ad Royalty Fee: 2%
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