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Five Star Painting

71

FSI

Cash Required

$25,000 - $50,000

Total Startup Investment

$69,700 - $179,250

Net Worth Required

$25,000 - $50,000

Year Founded

2002

Franchising Since

2005

US/Canada Franchise Units

170

Franchise Owner Reviews

Reviewed by 120 franchise owners (75% of owners)

Verified Five Star Painting Owner Reviews

Bryce, Overall Brand Rating: 71 FSI

Multi-Unit Owner, Major Metro (500,000+)

“It is a good system. Some disconnect between call center and franchisee needs. Overall, it is a great business.”- Bryce, Five Star Painting Franchise Owner

Mike, Overall brand Rating: 93 FSI

Multi-Unit Owner, Major Metro (500,000+)

“The best value the system has is their willingness to listen to successful franchisees and figure out ways to incorporate those ideas system wide, including making system wide modifications. I feel they are very good at this.” - Mike, Five Star Painting Franchise Owner

Five Star Painting Expert Review

Five Star Painting is owned by Neighborly, formerly known as The Dwyer Group. Neighborly owns 19 franchise brands and is one of the world’s largest parent companies of home service brands, acquired by Harvest Partners, LP, a New York based private equity firm.

Five Star Painting is a good option for current or former independent painting business owners who are looking to convert their current business or who are interested in getting back into business ownership, but with the backing of a franchise team. Of course, it is not required that you have previous experience in the painting space to start your own Five Star Painting business, but you should have solid technical and customer service skills as well as the dedication required to learn a new business and get it off the ground.

Current Five Star Painting franchise owners rate the brand highly when it comes to core values and community, but say that Neighborly could provide better support and training. Franchisees note that the greatest challenges they face as Five Star Painting owners are hiring and marketing, both of which are common struggles for most business owners across industries.

Our Bottom Line: If you have experience as a business owner in the home services space and don’t need extensive support and training from corporate, Five Star Painting is a solid option and top-rated brand.

Five Star Painting Franchisee Profile

Tenure - 81% of Five Star Painting owners have been open and operating 5 years or less (39% - less than 2 years, 44% - 2-5 years)

Units/Territories - 78% of Five Star Painting owners own/run a single unit/territory

Location - 44% of Five Star Painting owners are located in the South

Market Size - 36% of Five Star Painting owners operate in markets with 100,000 - 249,999 population (Medium Market)

Work Hours - The majority of Five Star Painting owners work 40+ hours/week

Work Weekends - 86% of Five Star Painting owners state they work weekends a "couple times a month" or "almost always" (43% - a couple times/month, 43% - almost always)

Flexibility - 42% of Five Star Painting owners state their work schedule is flexible

Work-Life Balance - 50% of Five Star Painting owners say they have a balanced work-life

Age Group - 45% of Five Star Painting owners are 55 years or older

Sex - 87% of the respondents to our FBR survey are male

Awards and Recognition

- Top 200 Franchises (2008-2013, 2017, 2019)

- Top Low-Cost Franchise (2011-2013, 2019)

- Top Franchise for Veterans (2012, 2016-2017)

Next Steps

Download Free Report

Download the franchisee satisfaction report on Five Star Painting absolutely free

Download Free Report

Download the franchisee satisfaction report on Five Star Painting absolutely free

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Corporate Contact Information

Five Star Painting

1010 University Parks Dr.
Waco, TX 76707

Gary Sipes
Phone: 254.759.5890
Email: [email protected]

franchise.fivestarpainting.com

Franchisee of the Year

 

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