| ||||
Updated RecentlyWOW 1 DAY PAINTING vs LIME Painting Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of WOW 1 DAY PAINTING vs LIME Painting including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $67,000 - $129,500 | $124,700 - $162,375 |
| Franchise Fee | $46,000 | $45,000 |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 2% | 4% |
| Year Founded | 2010 | 2014 |
| Year Franchised | 2011 | 2018 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| 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 | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
||
| Training | 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. | On-The-Job Training: 4 hours Classroom Training: 45 hours |
| Support | Field operations, call center, online booking system, accounting, IT, public relations | Ongoing Support Purchasing Co-ops Newsletter Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | - | Absentee Ownership Allowed Number of Employees Required to Run: 3 |
Expansion Plans |
||
| US Expansion | Yes | Yes |
| Canada Expansion | Yes | - |
| International Expansion | - | - |
Company Overviews
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.
![""]("https://www.my30minutehit.com/imgs/fbr_top_50_2018_half.png")
In Franchise Business Reviews Top 200.
About LIME Painting
!["LIME]("https://fddexchange.com/wp-content/uploads/2019/03/LIME-Painting.png")
By focusing solely on high-end homes and businesses within the market, LIME has created a niche that does not compete with other painting franchise options.
With 15 different revenue streams,LIME Painting Franchise Owners have the ability to generate higher revenues on each job.
LIMEWare technology platform provides a centralized mobile-based platform to gain insight and manage the ins and outs of our Franchise Owners' home improvement business.
Build a solution-driven model with LIME Painting!
Reasons why LIME Painting Franchise stands above other painting companies & franchise opportunities:
1.
15 Revenue Streams
Our multiple revenue streams include everything a high-end homeowner would need to maintain and perfect the interior and exterior of their homes.
2.
Low Cost, Quick Ramp-Up
Franchise Owners are able to start and own their business for around $90,000. LIME Painting is also a home-based business which helps allow for a quick ramp-up time of only 30-90 days!
3.
Proprietary Software
The technology platform, LIMEWare, creates a hub for all things related to owning and operating a LIME Painting franchise. LIMEWare offers a competitive advantage over other painting companies.
4.
Strong Economics
With our 15 different revenue streams, our Franchise Owners are provided with unlimited potential to generate strong returns. In 2017, our average Gross Revenue was $2,000,737 with a Gross Profit of $458,753!
5.
No Competition
LIME Painting Franchise Owners typically have no competition. Our clients own custom properties or businesses that are valued within the top 5% of their markets.
6.
Giving Back
LIME Light Outreach was created to empower the local youth in our markets through the use of fundraisers, networking, and by building awareness around faith, family, patriotism, and prosperity.