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Below is an in-depth analysis and side-by-side comparison of Maintenance Made Simple vs 360 Painting including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $35,300 - $64,800 | $99,125 - $139,500 |
Franchise Fee | $20,000 | $60,000 |
Royalty Fee | 6% | 6% |
Advertising Fee | 2% | 2% |
Year Founded | 2003 | 2006 |
Year Franchised | 2003 | 2006 |
Term Of Agreement | 5 years | 5 years |
Term Of Agreement | 5 years | 5 years |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/No | Yes/Yes |
Start-up Costs | No/No | -/Yes |
Equipment | No/Yes | -/Yes |
Inventory | No/No | -/Yes |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | 360 PAINTING offers the most comprehensive franchisee training program in the home services industry. The initial training is two weeks and covers all angles of running a home based business from initiating your marketing plan, completing estimates and finding the right painters to complete the projects. This also includes a full week in your territory with one of our support staff. Estimating Software Business Management Software Franchisee Resource Center Recruiting and Managing Employees and Sub-Contractors Marketing and Sales Paint Technology, etc. On-The-Job Training: 40 hours Classroom Training: 36 hours |
Support | Newsletter, Toll-free phone line, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Opening a business will present you with many new bridges to cross. As you implement the 360° PAINTING systems and grow your business, we are there to support you each step of the way. You will have access to support from our corporate staff who have years of experience in both supporting franchisees and the painting industry. Our franchisee to support staff ratio is the best in the business and we offer additional training programs throughout the year. 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 slicks, National media, Regional advertising | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
Operations |
Franchise can be run from home. International franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | No |
International Expansion | Yes | Yes |
Most of us already instinctively know what we spent over a year researching; specifically, that homeowners just aren't happy with home improvement companies. That's why Maintenance Made Simple was founded on the belief that home improvement shouldn't entail no-show repairmen, arbitrary pricing schemes, consistently dissatisfying experiences and a permeating absence of professionalism. We've built a new home maintenance industry from the ground up, with customer service, prompt service calls, reliable work and reasonable rates as our calling cards. And, surprisingly enough, it caught on fast. Now, Maintenance Made Simple is one of the fastest growing franchise systems in the home repair and remodeling industry. In fact, Entrepreneur Magazine just named the company as one of the top 500 franchises of 2008. Of course, with all this growth comes the need for quality franchisee candidates to carry on Maintenance Made Simple's tradition of excellence in home maintenance and repair. Which is why we're looking for entrepreneurial visionaries like you. Expand Your Network In areas that are franchised, Maintenance Made Simple develops strategic alliances with qualified contractors in every aspect of the home repair and remodeling industry.