What is the franchise fee for a 360 Painting franchise, and how must it be paid?
360_Painting Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of | Amount | Method of | When Due | To Whom |
|---|---|---|---|---|
| Expenditure | Payment | Payment is Made | ||
| Franchise Fee(1) | $65,000 | Wire | Upon Signing | Us |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 21–23)
What This Means (2025 FDD)
According to 360 Painting's 2025 Franchise Disclosure Document, the initial franchise fee is $65,000. This fee must be paid via wire transfer at the time of signing the franchise agreement.
It is important to note that this franchise fee is part of the total estimated initial investment, which ranges from $132,350 to $196,000. This broader investment covers various other expenses such as vehicle costs, real estate, equipment, insurance, signage, technology, grand opening expenses, training, licenses, professional fees, marketing, and additional funds for the first six months of operation.
Prospective franchisees should be aware that the franchise fee is generally non-refundable, as noted in Item 7. Therefore, careful consideration and due diligence are essential before signing the agreement and transferring the funds. Understanding the full scope of the initial investment and the terms of the franchise agreement is crucial for making an informed decision about investing in a 360 Painting franchise.