What is the technology fee for a 360 Painting franchise, and when is it due?
360_Painting Franchise · 2025 FDDAnswer from 2025 FDD Document
an>ITEM 7: ESTIMATED INITIAL INVESTMENT
| Type of | Amount | Method of | When Due | To Whom |
|---|---|---|---|---|
| Expenditure | Payment | Payment is Made | ||
| Franchise Fee(1) | $65,000 | Wire | Upon Signing | Us |
| Vehicle(2) | $1,500 - $5,000 | As Arranged | Before Opening | Lessor |
| Real Estate and/or |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 21–23)
What This Means (2025 FDD)
According to 360 Painting's 2025 Franchise Disclosure Document, franchisees must pay a one-time technology fee of $5,000 to the company before opening their business. This fee is intended to cover the costs associated with the technology infrastructure and support provided by 360 Painting. The method of payment is arranged between the franchisee and 360 Painting.
As this is a one-time fee, franchisees should budget accordingly during their initial investment phase. It is important to note that this fee is separate from any ongoing technology-related expenses that may arise during the operation of the franchise. Franchisees should clarify with 360 Painting what specific technology resources and support are covered by this fee to fully understand its value.
Prospective franchisees should also inquire about any potential future technology upgrades or changes that may require additional investment. Understanding the long-term technology roadmap of 360 Painting can help franchisees plan their finances and ensure they remain competitive in the market. This up-front technology fee is relatively common in the franchise industry, as it helps franchisors maintain consistent technology standards across all locations.