360 Painting vs WOW 1 DAY PAINTING Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of 360 Painting vs WOW 1 DAY PAINTING including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$99,125 - $139,500 | $67,000 - $129,500 |
Franchise Fee |
$60,000 | $46,000 |
Royalty Fee |
6% | 6% |
Advertising Fee |
2% | 2% |
Year Founded |
2006 | 2010 |
Year Franchised |
2006 | 2011 |
Term Of Agreement |
5 years | - |
Term Of Agreement |
5 years | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | We are looking for candidates that have a desire to be a leader and the confidence to manage multiple crews. We look for people with a passion for sales, marketing, and brand building. And, most importantly, people with a track record of success and a competitive spirit that wants to win, all the time.
To be successful in this franchise, you must have sufficient capital to launch, operate and grow the business. The initial
investment ranges between $90K and $140K, depending on a few variables. It’s important that Franchise Partners live in
(or are willing to relocate to) the region they own and service. |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
Yes/Yes | -/- |
Start-up Costs |
-/Yes | -/- |
Equipment |
-/Yes | -/- |
Inventory |
-/Yes | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
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
| All new Franchise Partners will go through an extensive training program made up of 5 phases. The entire program will take approximately 10-14 weeks, depending on the timing of classroom training dates at our head office in Vancouver, BC .
Franchise Partners will work with a Start-up Manager, who will coach them through the start-up process - which typically takes between 6 to 12 months. During the training program, Franchise Partners learn the proven systems and techniques required to run a successful franchise - including how to conduct customer estimates, how to find and manage paint crews, how to generate new business, how to produce profitable paint jobs and, of course, how to WOW their customers.
|
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
| Field operations, call center, online booking system, accounting, IT, public relations |
Marketing |
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social media
SEO
Website development
Email marketing
| Co-op advertising, Ad slicks, National media, Regional advertising |
Operations |
- | - |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
No | Yes |
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 WOW 1 DAY PAINTING
Why should you consider partnering with WOW 1 DAY PAINTING?
- One day and done! Our
unique service offering differentiates us from other painting
companies. We are experts in interior, exterior, commercial
and residential painting.
- This franchise opportunity has a low initial investment, low overhead, is highly scalable, and can be run from the comforts of your home.
- Franchise owners are awarded exclusive territories based on households. The minimum size of a franchise is 200,000 households, or roughly 500,000 in population.
- Your customers book with ease! Our
world class Sales Center responds to all customer inquiries (phone,
email and social media) and handles the administrative functions for
you. Customers can also book estimates online, in real time.
- We are the part of O2E Brands, the
parent company to 1-800-GOT-JUNK?, WOW 1 DAY PAINTING, You Move Me and
Shack Shine, which means you benefit from resources, knowledge, systems
and support of a $200+ million company.
- Our award winning public relations teamconsistently
lands national media hits for our franchise partners. WOW 1 DAY
PAINTING has been featured in Forbes, Inc Magazine, Entrepreneur
Magazine, CNBC’s Power Pitch, Yahoo! Finance, CNN Money, Washington
Post, Undercover Boss and, most recently, on HGTV’s ‘Love it or List’
television series.
- You do not need to be a painter.
In fact, we are not looking for painters. We’re looking for business
leaders that have a passion for marketing and brand building.
In Franchise Business Reviews Top 200.