Fresh Coat
Yes, we actively support the inclusion and development of minority-owned franchises in the Fresh Coat system.
Fresh Coat 10700 Montgomery Rd., # 300
Cincinnati, OH 45242
800#: (800) 317-7089 Tel: (513) 587-4974 Fax: (513) 563-2691
E-mail: inquiry@freshcoatpainters.com
Web Site: www.freshcoatpainters.com
Contact: Mr. Ralph Martin, President
All over America, homeowners spend millions of dollars everyday on painting kitchens, family rooms…every room in the house. And FRESH COAT has captured a niche within the industry that is taking the market by storm. As a franchisee, you build your business through proven marketing, expertise and a system exclusive to FRESH COAT. This business is about building an organization and managing people. No painting required. In fact, we prefer you don't own a brush.
Franchisor Background
Established: 2004
First Franchise: 2005
Franchise Units: 17
Company-Owned Units: 1
Total Units: 18
Distribution:
> North America -- Operations in 14 States
> States/Provinces with Greatest Density: 2 in CA, 2 in NY, 2 in VA
Units Owned by Minorities:
>African-American: 4
>Hispanic:
>Asian-American: 1
>Native American:
>Other: 3
Average Number of Employees: 1 FT (FT = Full Time, PT = Part Time)
Space Needs: NA SF; NA
(for abbreviations click here)
Financial Requirements
Cash Investment: $17.9K
Total Investment: $36.1-62.7K
Average Total Investment: $49K
Minimum Net Worth: $10K
Fees
>Franchise: $18.9K
>Average Franchise Fee: $18K
>Royalty: 6%
>Advertising: $100/Mo.
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10/10/10
Passive Ownership: Discouraged
Area Development Agreements:Yes
Sub-Franchising Contracts: No
Expand In Territory:NR
Franchisor Support and Training Provided
Site Selection Assistance:NA
Lease Negotiation Assistance: NA
Cooperative Advertising: NA
Franchisee Assoc. / Member: No
Size Of Corporate Staff: 27
On-Going Support: B,C,E,F,G,H,I (for an explanation click here)
Training: 5 Days in Cincinnati, OH.
Specific Minority Program(s) in Place: Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.
Franchisor's Specific Expansion Plans
U.S.: All United States
Note: NR = No Response by Franchisor.
For a sample questionnaire click here.
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