Five Star Bath Solutions Franchise FDD, Costs & Fees (2024)
KEY FRANCHISE STATS
All you need to know about this franchise in a snapshot
Initial franchise fee
$59,500
Investment required
$126,000 - $266,000
Five Star Bath Solutions: Redefining Affordable Luxury in Bathroom Remodeling
Five Star Bath Solutions is a specialized franchise focused on providing high-quality, affordable bathroom remodeling services. Founded in 1996 in Ontario, Canada, the company quickly recognized a widespread need for efficient and affordable bath and shower solutions.
Their success in meeting this demand led to expansion, and they began franchising to bring their services to new communities across North America. Headquartered in Ontario, Five Star Bath Solutions differentiates itself from the competition through its commitment to fast, affordable, and customized bathroom transformations.
They are known for completing projects in just 1-2 days, a significant reduction from the industry average of several weeks. Their use of high-quality, easy-to-maintain materials and a focus on customer satisfaction has earned them a stellar reputation, including a 99.9% customer satisfaction rating.
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 |
| Initial Franchise Fee | $59,500 |
| Quick Start Package | $25,000 |
| Annual Conference Registration Deposit | $1,000 |
| Marketing | $25,000 to $50,000 |
| Contractor License/Licenses and Bonds | $0 to $1,500 |
| Lease and Utilities Deposits and Payments | $0 to $1,500 |
| Franchise Premises Rent | $0 to $7,500 |
| Supplies, Inventory, and Equipment | $7,500 to $30,000 |
| Office Set-up | $0 to $1,000 |
| Computer Equipment and Software | $1,500 to $3,500 |
| Travel and Living Expenses to Attend Training | $1,500 to $3,000 |
| On-Site Installer Training Cost/Tuition | $1,000 to $2,000 |
| Vehicle/Trailer | $0 to $30,000 |
| Insurance | $1,000 to $2,000 |
| Professional Services | $0 to $1,500 |
| Miscellaneous Opening Costs | $2,500 |
| Working Capital (Additional Funds and Living Expenses – 3 Months) | $0 to $50,000 |
| TOTAL | $125,500 to $266,000 |
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Franchise Disclosure Document
Training
Five Star Bath Solutions provides comprehensive training to ensure that their franchisees and their teams deliver high-quality bathroom remodeling services.
- Product and Installation Training: Franchisees and their teams receive in-depth training on the proprietary products used by Five Star Bath Solutions. This includes understanding the unique features of these products and mastering the specific installation techniques required to deliver high-quality bathroom remodels efficiently.
- Customer Service Training: Emphasizing the importance of customer satisfaction, this program focuses on training franchisees in best practices for customer interaction, ensuring a seamless experience from consultation to project completion.
- Business Operations Training: This includes instruction in essential business management skills such as sales, marketing, and customer relationship management. Franchisees are taught how to effectively manage their franchise, optimize operations, and grow their business.
Territory Protection
Five Star Bath Solutions offers territory protection to its franchisees, which ensures that each franchise owner operates within an exclusive territory. This protection is crucial as it prevents other franchisees from competing within the same geographic area, thereby safeguarding the business potential and customer base within the assigned region.
Franchisees are awarded territories based on their location preferences, and once a territory is purchased, it remains exclusive to that franchisee. This means that future expansion within that territory is secured for the owner, allowing them to grow their business without the concern of internal competition from other franchise locations.
