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Updated RecentlyPainting with a Twist vs Waterway Co-op Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Painting with a Twist vs Waterway Co-op including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $120,500 - $260,000 | $100,000 - And Up |
| Franchise Fee | $25,000 | $30,000 |
| Royalty Fee | 6% | 0 |
| Advertising Fee | 2% | 0 |
| Year Founded | 2007 | - |
| Year Franchised | 2009 | - |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | You must have an interest in the fire-fighting industry. Ideally be a career or volunteer fire-fighter or know someone with that background who can participate. Should be able to find funds for the one time franchise fee of $30,000, which gives you the rights to the custom built Waterway testing system, the marketing and advertising designs, network support and training, the 24 hour software test record program.. and 20 years of experience! Plus a further $30,000 for all the hose and ladder testing equipment- the pump, adaptors, hose rolling tables, ladder testing tools... everything you need to get started. This EXCLUDES the trailer which will need to be purchased separately for approx $6,000. You should allow for a further $15,000 - $25,000 to cover 'soft' costs such as insurance, admin, crew clothing, working capital etc. |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/Yes | -/- |
| Start-up Costs | -/Yes | -/- |
| Equipment | -/Yes | -/- |
| Inventory | -/Yes | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | On-The-Job Training: 46 hours Classroom Training: 40 hours | - |
| Support | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | - |
| Marketing | Co-op Advertising Ad Templates National Media Social media SEO Website development Email marketing Loyalty program/app | - |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 4 - 6 | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | Yes | - |
Company Overviews
About Painting with a Twist
Painting With A Twist is a new concept, artistic painting as entertainment. Although the basic idea has been around for years, only recently has it has been formatted to be the basis for a successful business formula.
The Painting with a Twist advantage
If you love art, and would love to introduce people to their creative side, this is the business for you. It is fun, low investment, and simple to run. Your customers will enter into a pleasurable, innovative environment, where they will experience first hand the excitement of creating their own work of art.
All of our art is produced and copyrighted in our corporate offices. We have staff artists whose sole occupation is creating new art for our franchises. Our paintings are interesting and have stood the test of customer satisfaction.
Based in Mandeville, Louisiana, Painting with a Twist is the franchise arm of Corks N Canvas, LLC. The concept is so popular that the owners Cathy Deano and Renee Maloney opened their first Corks N Canvases in November 2007, and by March 2009 they had three company owned stores, and by July 2009 they had sold four franchises. People love it!
Cathy and Renee believe this is a recession proof business. For the cost of $35.00 or $45.00, a person can have an evening of entertainment and leave with a painting to hang on their wall or give as a gift. There is also a good chance they will leave feeling better about themselves than when they arrived.
When you own a franchise you have many significant advantages over the person who chooses to go into business on their own. As a franchise owner you are part of an already successful business "family" with a proven track record. You receive training at the corporate offices, you have access to over 1000 copyrighted works of art. You are assisted in hiring your staff and have access to all the information needed to open a store. You are given a comprehensive manual which takes you through each step in opening and operating a successful business.
We also do the demographic research for your area.
Our corporate office will send an artist and a team member from the corporate office for your opening night. The artist will conduct your first class and our staff member will see that your first night runs smoothly.
You will have access to a state of the art online computer program that will allow you to manage your own business from wherever you have internet access.
Our approved vendors give you the best products for the most economical price.
The Painting With A Twist concept gives the franchise owner a career that does not necessitate a huge capital outlay, is exciting to operate, and is a welcome addition to any community.
Veteran Incentives 20% off franchise fee
#213 in Franchise 500 for 2020.About Waterway Co-op
Waterway is the fastest growing fire-hose testing company in the USA through its rapidly expanding franchise network. In most States, no formal competition anywhere means you can build your given territory your way. State of the art equipment means most efficient system for Fire Departments and virtual guarantee of repeat business. You can benefit from 30 years of experience and trade secrets. Profit opportunities from numerous services and products lead to highly lucrative returns. Low risk, steady growth and relatively low investment costs. Recession proof.. hose testing is an annual NFPA requirement. On going training and franchise support always available.. you're IN business yourself but not BY yourself. Build your own financial future with a proven business model and the experience of 30 years in the business.