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Jason Rager is President of Franchise Analyzer.

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Friday
Apr302010

Paint Medic Franchise

Vehicle paint touch-up services

Start-up Costs & Franchises Fees

What is the total cost to open a Paint Medic Franchises?

Total Cost: $70,000 USD
Total Franchise Fees: $25,000 USD
Ongoing Royalty Fees: 5%
Ongoing Advertising Fees:
Term of Agreement: 5 years

Contact Information for Paint Medic

Paint Medic
3111 Walden Ave.
Depew, NY
14043

Toll Free: (866)446-2277
Fax Number: (905)788-1939

Franchise Homepage:

Paint Medic In the Press

No results at this time.

Historical Expansion

In what year did Paint Medic begin operations? 1990
When did Paint Medic begin selling franchises? 1995

Year United States Canada International Corporate
2004 5 25 0 2
2003 1 19 0 2
2002 3 30 0 3
2001 0 15 0 0
2000 0 0 0 0

Franchise Financing Information

Cost In House Financing Available? 3rd Party Financing Available?
Franchise Fee No No
Initial Start-up Capital No No
Plant, Property, and Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Training & Support

Support
Meetings, Toll free phone number, Internet referrals, Safety and Security procedures, Field support and site evaluation

Franchise Operation Restrictions

This franchise can be run as a home based business franchise.

40% of all franchise business owners own more than one franchise location.

Number of employees needed to run franchised unit: 5 - 12

Absentee ownership of this franchise business is not available to new franchisees. (100% of current franchise business owners are owner/operators)

Qualifications & Business Experience

Business Experience:
  • General business experience
  • Sales & marketing experience
  • Franchise Analyzer Professional's Inside Information

    Can you buy this franchise for no money down? Yes
    What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
    Can you negotiate lower royalties during start-up? Yes
    Can you purchase multiple franchises for a discounted franchise fee? Yes
    Can you receive lower advertising fees? Yes
    Will I know when the franchise break even? Yes
    Will my personal assets including my home be safe in case my franchise business fails? Yes
    Please note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.