How is the 360 Painting franchise fee typically paid?
360_Painting Franchise · 2025 FDDAnswer from 2025 FDD Document
EM 5: INITIAL FEES**
Franchise Fee
The initial franchise fee ("Franchise Fee") for a 360 Painting Business is $65,000. The Franchise Fee is payable by wire transfer and generally must be paid in one lump-sum upon execution of the Franchise Agreement. If you obtain third-party SBA financing, the terms of that financing may require that you pay a portion of the Franchise Fee (typically $15,000) upon execution of the Franchise Agreement and the remainder (typically $50,000) be paid after receiving funding. The Franchise Fee is fully earned when paid and is not refundable.
Discount Offered
We offer two different discount options on the Franchise Fee. The discounts may not be combined.
First, we offer a 10% discount on the Franchise Fee for honorably discharged U.S. military veterans and individuals working in rescue, emergency services and policing who purchase a new Franchised Business.
Second, we offer a 10% discount on the Franchise Fee if you already own and operate an existing franchise in a franchise system owned by us or one of our affiliates and you are in compliance with the terms of your franchise agreement.
During our last fiscal year, we sold franchises for a Franchise Fee that ranged from $0 to $65,000.
Source: Item 5 — INITIAL FEES (FDD page 18)
What This Means (2025 FDD)
According to 360 Painting's 2025 Franchise Disclosure Document, the franchise fee is $65,000. Payment is generally made via wire transfer in one lump sum upon the execution of the Franchise Agreement. However, if a franchisee obtains third-party SBA financing, the payment terms may differ.
Specifically, the SBA financing terms might require an initial payment of $15,000 upon signing the Franchise Agreement, with the remaining $50,000 due after the franchisee receives funding. It is important to note that the franchise fee is considered fully earned by 360 Painting upon payment and is non-refundable.
360 Painting also offers certain discounts on the franchise fee. Honorably discharged U.S. military veterans, individuals working in rescue, emergency services, and policing, who purchase a new franchise business may be eligible for a 10% discount. A 10% discount is also available to individuals who already own and operate an existing franchise within a franchise system owned by 360 Painting or its affiliates, provided they are in compliance with their current franchise agreement. During the last fiscal year, the franchise fees for 360 Painting ranged from $0 to $65,000.