360 Painting vs My Destination Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of 360 Painting vs My Destination including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
360 Painting Franchise
My Destination Franchise
Investment $99,125 - $139,500$20,000 - $50,000
Franchise Fee $60,000N/A
Royalty Fee 6%500/month
Advertising Fee 2%-
Year Founded 2006-
Year Franchised 2006-
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements
 
360 Painting Franchise
My Destination Franchise
Experience --

Financing Options
 
360 Painting Franchise
My Destination Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees Yes/Yes-/-
Start-up Costs -/Yes-/-
Equipment -/Yes-/-
Inventory -/Yes-/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
360 Painting Franchise
My Destination Franchise
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 --

Expansion Plans
 
360 Painting Franchise
My Destination Franchise
US Expansion Yes-
Canada Expansion No-
International Expansion YesYes

Company Overviews

About 360 Painting

A 360 Painting franchise offers opportunities in the $100 Billion home improvement industry. We provide you with the knowledge, systems and support to run your own business. In today's market, where people are constantly remodeling and redecorating their homes and businesses, the painting industry continues to grow. While no business is recession proof, home services businesses are countercyclical. Instead of moving into newer or bigger homes, people tend to stay put and improve the home they are in. Homeowners are expected to increase their spending on home improvement projects to over $300 billion within the next seven years. With a 360 Painting franchise you can tap into this growing market. It's a matter of trust and revamping a home or business can be an exciting yet stressful time for an owner.
The 360 Painting franchise sales and estimating techniques help to take the stress out of the process and allow you to capitalize on the market. Our proprietary technology and procedures help to establish a trusting relationship with the customer. When you gain trust, you gain positive references, a solid reputation in your community and repeat business.
* Homeowners spent $198.5 billion on home improvements in 2004
* Expected spending is $309.3 billion in 2013
* Less than 12% of Homeowners moved in 2008
At 360 Painting Franchise owners can expect to achieve the following:
* Grow your Business - The 360 Painting franchise marketing techniques allow you to enter the market and take control of it quickly.
* Get off on the Right Foot - With a low initial investment, you can get your business started without going deep into debt.
* Control - This is your business. You can control how quickly and efficiently your business grows.
* Generate Wealth and Equity - When you're ready to retire there is more waiting for you than a cake and a pat on the back. As a business owner you can sell your business and be rewarded for what you have built! When you become a 360 Painting franchisee, you have an immediate advantage over "Pete the Painter." You have access to the training and support of our experienced staff along with Sherwin-Williams, the worlds largest paint company.
Veteran Incentives  20% off franchise fee
#255 in Franchise 500 for 2020.

About My Destination

At My Destination we pride ourselves on creating a franchise structure that is not only very supportive but also great fun to be a part of. In general we are in contact with our franchisees on a daily basis, helping each other to maximise the potential of each individual site as well as the mydestinationinfo.com network. We also see our franchise network as more of a partnership, each person bringing new things that all of us in the network can benefit from thanks to everyone's backgrounds and skills. By taking advantage of this we are able to continually improve and diversify the business in ways that an individual on their own could not do. My Destination is focused on providing websites that offer unrivalled levels of local information; everything a traveller could want to know and all in one place! Developed with the latest internet technologies to embrace the power of 'Social Media' and 'Visitor Interaction'...and combining these with online booking engines....each My Destination site brings the best of the internet to the destination. One of the most important factors that has lead to the overwhelming success of My Destination is the partnerships in each destination with local residents; individuals and organizations whom are passionate and enthusiastic about their destination and are well placed within the community to help promote all of the tourist companies in the destination to the thousands of potential tourists whom will use the site. If this sounds like an exciting opportunity to you then please contact us.