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Updated Recently360 Painting vs Gift Card Monkey Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of 360 Painting vs Gift Card Monkey 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 | $10,950 - $27,600 |
| Franchise Fee | $60,000 | $9,900 |
| Royalty Fee | 6% | - |
| Advertising Fee | 2% | - |
| Year Founded | 2006 | - |
| Year Franchised | 2006 | - |
| Term Of Agreement | 5 years | - |
| Term Of Agreement | 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/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 | Training is conducted prior to opening your business and it is conducted by our professional team, which may consist of both corporate-based trainers and Regional Trainers. The initial training is typically conducted at our headquarter location in Miami, Florida and is free of charge to you. You are responsible for your travel expenses. We also offer free ongoing refresher trainings which will continue to help you become familiar in modern sales and marketing techniques. When you complete the initial training you are ready to start your business and through this training you have acquired the skills to: Be completely ready to open and operate your store. Be ready to hire and manage employees for your business. Be comfortable with people management. Manage your inventory. Perform effective advertising and marketing campaigns, public relations strategies in order to establish and grow your business. Perform and handle the day to day operations of your business. Command the computer and hardware/software and POS systems needed to operate your business. Implement new sales and merchandising strategies to improve and maximize sales. Understand Gift Card Monkey business reporting & requirements. |
| 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 | At Gift Card Monkey, we are extremely proud of our franchisee support. Our philosophy is extremely simple. Our franchisee's success translates into our success and their failure translated into our failure. It is therefore to our best interest to support our franchisees without any restrictions or boundaries. One of the main advantages of purchasing a franchise and a main reason why most franchises succeed as compared to individual businesses is the support you will receive from the headquarters. You will never feel that you are alone. You will consider us your partner in this endeavor, every day. As our franchise network grows, with every new franchisee you have gained yourself a new partner. We all go to work every day and we all share the same goals and the same ambitions. Our goal is to grow the Gift Card Monkey brand, constantly provide new products and services and ultimately make the business more profitable for all of our partners (franchisees). There is absolutely no limitation in the amount of available support. You can call us for any reason including advertising consulting, technical help, additional training or sales support. As you contact us, you are always priority. Once again your success directly translates into our success and we take this very seriously. |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | *Vehicle rear window decal *Promotional banners personalized for you *An on-line vault for information sharing with other franchisees *Email marketing *Direct mail campaign *Text message campaign *In-store LCD and LED promotional products *Balloons, banners, yard signs, etc. And much more� |
| Operations | - | - |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
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 Gift Card Monkey
Gift Card trading business is a very exciting business in a very rapidly growing market. It does not target a particular demographic; it targets everyone at any age. Your customers are kids, teenagers, adults, men, women and even the elderly. Gift cards are the most popular form of gift giving today. In fact, according to the National Retail Federation, seventy-seven percent of holiday shoppers in 2010 purchased at least one gift card to give as a present to their loved ones. However according to consumer experts, receiving a card to a store you have no interest in is actually the number one complaint about gift cards. Gift Card Monkey provides an opportunity for people of all ages who have received gift cards that they don't need, or people that have gift cards with partially used balances to exchange their gift cards for cash or other gift cards of their choice. Did you know? The total volume of gift cards purchased in 2008 was close to $91 billion. It is estimated that the percentage of unused gift cards is currently 10% of all gift cards purchased and this percentage is growing every year. If you're ready to become your own boss at a very low start-up cost and run your own business in one of the most unique, exciting and fastest growing fields in the industry, then gift card monkey is the answer for you. For just a small investment, you can become a part of an extremely unique franchise program that offers you the guidance, training, marketing, brand and technology you need to achieve and surpass your business and personal goals.