What is the minimum royalty fee per week for a 360 Painting franchise?

According to 360 Painting's 2025 Franchise Disclosure Document, franchisees must pay a royalty fee of 6% of gross sales, with a minimum of $150 per week. This royalty fee is due every Tuesday and is based on the previous week's gross sales. Gross Sales are defined as the total of all monies and receipts you derive in connection with the Business, but does not include promotional allowances or rebates, sales, use, merchants' or other taxes measured on the basis of the gross revenues of the Business imposed by governmental authorities directly on sales or use and collected from customers, if the taxes are added to the selling price of your goods and services and are in fact paid by you to the appropriate governmental authorities; or the value of any coupons duly issued and approved by you, or any bona fide discounts or customer refunds approved by us.

In practical terms, this means that even if 6% of a franchisee's gross sales is less than $150 in a given week, they are still obligated to pay the $150 minimum. This ensures that 360 Painting receives a baseline royalty payment from each franchise unit, regardless of its weekly revenue. For a prospective franchisee, this represents a fixed weekly cost that must be factored into their financial projections and business planning.

It is important to note that 360 Painting reserves the right to modify the amount, manner of payment and/or timing for payment for all fees payable to them or their affiliates, except that they will not modify the amount of the Royalty Fee or the Market Fund contribution you pay to them during the initial term of your Franchise Agreement. The current amounts, manner of payment and timing for payment of all fees and costs shall be described in their Brand Standards Manual. This means that while the royalty fee structure is fixed during the initial term, other fees could potentially change, impacting the overall cost of operating the franchise. Franchisees should carefully review the Brand Standards Manual and seek clarification on any potential fee adjustments to fully understand their financial obligations.