What is the range of the flat fee that 360 Painting may receive from vehicle lease providers?
360_Painting Franchise · 2025 FDDAnswer from 2025 FDD Document
heir use of designated or approved suppliers.
As of the date of this Disclosure Document, we have approved vendor relationships for the provision of paint and painting accessories, pursuant to which we receive rebates based on sales to our franchisees (currently between 2.5% and 5% of franchisee purchases depending on the amount of franchisee purchases), as well as two vehicle lease providers from which we may receive a flat fee (ranging from $250 to $500 per vehicle depending on size and whether new or used), and lead aggregator rebates that range from a startup fee to 15%. We may modify these financial arrangements and/or have other similar financial
Source: Item 8 — RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES (FDD pages 23–26)
What This Means (2025 FDD)
According to 360 Painting's 2025 Franchise Disclosure Document, 360 Painting has relationships with two vehicle lease providers from which they may receive a flat fee. This fee ranges from $250 to $500 per vehicle. The specific amount depends on the size of the vehicle and whether it is new or used.
This arrangement means that 360 Painting benefits financially from franchisees leasing vehicles through their approved providers. While this doesn't directly impact the franchisee's lease costs, it's important to be aware of these financial incentives. Franchisees should compare lease options from various providers to ensure they are getting the best possible terms, regardless of 360 Painting's potential flat fee.
It is also important to note that 360 Painting may modify these financial arrangements or establish similar arrangements with other vendors in the future. Franchisees should stay informed about any changes to vendor relationships and the associated financial implications. This highlights the importance of ongoing communication with 360 Painting to understand any potential conflicts of interest or biases in vendor recommendations.
While the FDD mentions that 360 Painting may receive rebates from paint and painting accessories vendors, and lead aggregator rebates, the flat fee from vehicle lease providers is the only specific range provided in this section.