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Below is an in-depth analysis and side-by-side comparison of Color World Housepainting vs WOW 1 DAY 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 | $83,910 - $166,850 | $67,000 - $129,500 |
Franchise Fee | $49,500 | $46,000 |
Royalty Fee | 6% | 6% |
Advertising Fee | 2% | 2% |
Year Founded | 1997 | 2010 |
Year Franchised | 2008 | 2011 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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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 |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | Provided | 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 | Provided | Field operations, call center, online booking system, accounting, IT, public relations |
Marketing | - | Co-op advertising, Ad slicks, National media, Regional advertising |
Operations | - | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | Yes |
International Expansion | - | - |
Five Business Opportunities for one Franchise charge - $25,000!
*Private and Commercial Painting
*Eavestrough Installation
*Occasion Lighting
*Control Washing
*Minor Carpentry and Minor Drywall Repair
Encounter every one of the advantages of owning an establishment. In case you're searching for a work of art establishment, this is the open door for you. You'll get your own nearby, custom site, neighborhood professional reference, notoriety administration programming to help you deal with your online leads, and web-based social networking. Since you'll offer more than simply painting, you'll offer a bigger number of occupations than contending painting administrations in your general vicinity.