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Below is an in-depth analysis and side-by-side comparison of 360 Painting vs Woody's Wood Shops including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $99,125 - $139,500 | $85,000 - $185,000 |
Franchise Fee | $60,000 | $22,000 |
Royalty Fee | 6% | 6% |
Advertising Fee | 2% | 2% |
Year Founded | 2006 | 1978 |
Year Franchised | 2006 | 1980 |
Term Of Agreement | 5 years | 15 years +15 |
Term Of Agreement | 5 years | 15 years +15 |
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/Yes | -/- |
Start-up Costs | -/Yes | -/- |
Equipment | -/Yes | -/- |
Inventory | -/Yes | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
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 | 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 Templates National Media Regional Advertising Social media SEO Website development Email marketing | - |
Operations | - | Average Number of Employees: 1 Full-time, 4 Part-time Passive Ownership: Allowed, But Discouraged |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | Yes |
International Expansion | Yes | - |
WOODY'S WOOD SHOPS offer instruction and use of virtually all shop tools in a fully outfitted wood shop. After detailed instruction and testing, members have full use of shop and related facilities. Open 15 hours/day, 7 days/week. Also sell small tools and all power equipment at cost plus 5%. Members pay front-end fees plus dues.