Waterway Co-op vs Pinot's Palette Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Waterway Co-op vs Pinot's Palette including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
	Waterway Co-op Franchise	Pinot's Palette Franchise
Investment	$100,000 - And Up	$96,800 - $246,700
Franchise Fee	$30,000	$22,500 - $27,500
Royalty Fee	0	6%
Advertising Fee	0	2%
Year Founded	-	2009
Year Franchised	-	2010
Term Of Agreement	-	10 years
Term Of Agreement	-	10 years
Renewal Fee	-	50% of franchise fee
Business Experience Requirements
	Waterway Co-op Franchise	Pinot's Palette Franchise
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.	"We like people that are outgoing, bubbly. Our big thing is characters with character." - Haley Connor, consumer marketing *Has a passion for wine and entertaining people *Likes to network and is a mover and shaker in the community *No art experience required
Financing Options
	Waterway Co-op Franchise	Pinot's Palette Franchise
	In-House/3rd Party	In-House/3rd Party
Franchise Fees	-/-	Yes/No
Start-up Costs	-/-	No/Yes
Equipment	-/-	No/Yes
Inventory	-/-	No/Yes
Receivables	-/-	No/Yes
Payroll	-/-	No/Yes
Training & Support
	Waterway Co-op Franchise	Pinot's Palette Franchise
Training	-	On-The-Job Training: 71-81 hours Classroom Training: 68-113 hours Additional training as needed
Support	-	*Brand strategy definitions and Operations *Site selection*Lease negotiation *Target customer profiles *Media buying theory, industry definitions *Pinot's Palette PR Toolkit *Grand opening media relations support *National partnerships with respected brands in your area *Social media and email marketing content and strategy *Designed creative for media placements at your fingertips *Build-out drawings, opening roadmap, benchmarking reports *P&L reports, payroll reports, calendar planning reports *Artist training, bar training, preferred pricing for supplies *Strategy Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing	-	Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations	-	Number of Employees Required to Run: 6
Expansion Plans
	Waterway Co-op Franchise	Pinot's Palette Franchise
US Expansion	Yes	Yes
Canada Expansion	-	Yes
International Expansion	-	Yes

Company Overviews

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.

About Pinot's Palette

Pinot’s Palette (formerly Pinot & Picasso) opened for business on May 6, 2009. Being a new concept to Houston, we started small, with the hopes of having class three nights a week. Before long, word spread, and we now have Pinot's Palette as a pioneer of the paint and sip experience - a revolutionary way to enjoy art and wine, meet new people and bond with friends. With more than 100 locations across 32 states and Canada, and new locations popping up monthly, Pinot's Palette is the world's fastest growing paint and sip franchise. Guests enjoy a no-experience-required art class "all supplies included" directed by trained, local artists, who guide guests step-by-step through a featured painting. The Pinot's Palette culture is the engine for the company's long term success. By focusing on innovation, customer excellence, and providing a fun, entertaining atmosphere, Pinot's Palette is well-equipped to meet customer demand in today's marketplace and in the future. By bringing fun, modern and creative ideas to their events, Pinot's Palette curates a unique, rewarding experience while providing a worthwhile contribution to the community. Every franchise partner in the system and each member of the headquarters team is selected for their passion and commitment to furthering the mission and values of the organization. The Pinot's Palette culture, often described as Team Pinot, is integral to every facet of the business. Pinot's Palette looks for franchisee partners that have good people skills and values that fit comfortably within the Team Pinot culture. The prime candidate will also have the ability to provide leadership in his or her studio and generate good will in the community. Artistic background is not required, and the owner's primary role is strategic management of the business. Franchisees have as much fun as the customers. "It's a business that markets fun. The business is unique and thriving.

Veteran Incentives  20% rebate on franchise fee

#323 in Franchise 500 for 2020.