360 Painting Franchise FDD, Costs & Fees (2024)
KEY FRANCHISE STATS
All you need to know about this franchise in a snapshot
Initial franchise fee
$65,000
Investment required
$101,000-$145,000
360 Painting: Redefining Standards in Residential and Commercial Painting
360 Painting is a prominent franchise in the home improvement industry, known for its residential and commercial painting services. Founded in 2005 by Paul Flick, the company started franchising a year later in 2006. Its headquarters is located in Charlottesville, Virginia. The franchise has grown significantly over the years, with locations across various states and Canadian provinces as of the most recent count.
The company offers a comprehensive range of painting services including interior and exterior residential painting, commercial painting, deck and fence staining, and concrete staining. 360 Painting differentiates itself through its strong strategic partnerships with industry leaders like Sherwin-Williams and PPG Paints, which provide franchisees with access to high-quality products and the latest painting technologies.
360 Painting's success in the fragmented home improvement market is attributed to its focus on customer satisfaction and high-quality service delivery, making it a strong contender in the industry and an attractive opportunity for potential franchisees looking to invest in a recession-resistant business model.
Initial investment
Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
| Type of Expenditure | Amount |
| Franchise Fee | $65,000 |
| Vehicle | $1,500 - $5,000 |
| Real Estate and/or Leasehold Improvements | $0 - $3,000 |
| Equipment & Supplies | $1,250 - $4,500 |
| Insurance | $2,000 - $5,000 |
| Signage | $3,000 - $4,000 |
| Technology Fee | $5,000 |
| Grand Opening | $2,500 - $5,000 |
| Training Expenses | $2,000 - $4,000 |
| Licenses/Bonds | $100 - $1,500 |
| Professional Fees | $1,500 - $3,000 |
| Additional Funds (3 months) | $17,500 - $40,000 |
| TOTAL | $101,350 – $145,000 |
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Franchise Disclosure Document
Training
360 Painting provides a comprehensive training program designed to ensure the success of its franchisees. The training includes both initial and ongoing support:
- Initial Training: Franchisees undergo a 36-hour training program at the company’s headquarters in Charlottesville, Virginia. This training covers various aspects of running a 360 Painting franchise, including business management, sales techniques, and operational procedures.
- Business Management Software: Franchisees are trained to use specialized software for managing their business operations, which includes cost and supply estimation, scheduling, and customer management.
- Sales and Marketing: The training program includes extensive instruction on sales strategies and marketing techniques. This helps franchisees attract and retain customers, leveraging both local and national marketing campaigns to drive business growth.
- Recruitment and Team Management: Franchisees receive guidance on recruiting and managing employees and subcontractors. This includes training on best practices for hiring, training, and maintaining a productive and motivated workforce.
- Painting Techniques and Technology: Although franchisees do not need prior painting experience, the training covers the latest painting techniques and technologies. This ensures that franchisees can offer high-quality services to their clients.
- Ongoing Support: After the initial training, franchisees have access to continuous support through an online platform. This includes field operations support, purchasing co-ops, and regular updates on industry trends and best practices.
Territory Protection
The 360 Painting franchise offers robust territory protection to its franchisees, ensuring that each franchisee operates within an exclusive area. This territory is typically defined to include a minimum of 30,000 households with annual incomes exceeding $75,000 and a population of at least 300,000.
By providing this exclusive territory, 360 Painting ensures that franchisees do not compete with other franchisees within the same brand, allowing them to focus on building their business without the concern of internal market saturation.
