| ||||
Updated RecentlyPinot's Palette vs FamilyIQ Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Pinot's Palette vs FamilyIQ including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $96,800 - $246,700 | $179 - $1,495 |
| Franchise Fee | $22,500 - $27,500 | $179 - $1,495 |
| Royalty Fee | 6% | 0 |
| Advertising Fee | 2% | 0 |
| Year Founded | 2009 | 2001 |
| Year Franchised | 2010 | 2001 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | 50% of franchise fee | - |
Business Experience Requirements |
||
| Experience | "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 |
||
| 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 |
||
| 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 |
||
| US Expansion | Yes | Yes |
| Canada Expansion | Yes | Yes |
| International Expansion | Yes | - |
Company Overviews
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
!["Entrepreneur]("https://d3fg11dgb68kbp.cloudfront.net/assets/photos/franchise-badge-22686037fc120ba1bd59c2c9fd6e0fbf.png"){kind=icon}
About FamilyIQ
FamilyIQ began twenty years ago by offering state-of-the-art family skill building tools to treatment programs and therapists who wanted to improve family relationships. Over the last 2 decades, FamilyIQ has provided its content, tools and technology available to not only the therapeutic community, but also to large employers and wellness programs who likewise are dedicated to improving families. Today, after thousands have requested it our unique and proprietary content is now available directly to the public… to you. The FamilyIQ system consists of proprietary tools and technology that empowers parents and families to make dramatic and rewarding improvements while having fun together. We get our name from our nationally acclaimed assessment known as the FamilyIQ Test. This assessment measures nine key components of family functioning and provides you with a customized step-by-step plan to learn and build skills that will strengthen your family. Some of our tools are online courses, tests, articles, activity sheets, audio lectures, seminars, workshops, and the list goes on. We like to say, "It’s the manual for raising a family that you never received!”