How Much Does a Premium Painters Franchise Cost?
Data from the 2024 Franchise Disclosure Document
Investment Summary
Total Investment
$83K – $139K
Franchise Fee
$35K
Royalty
greater of (i) the Minimum Royalty Fee of $250 per month or (ii) 6% of Gross Sales on the first $1,500,000 in Gross Sales in each calendar year and 5% of Gross Sales over $1,500,000
Ad Fund
2.0%
Cost Breakdown
Initial Franchise Fee
The initial franchise fee for Premium Painters is $35K. This one-time payment covers the right to operate under the brand, access to proprietary systems, and initial training programs.
Total Investment Range
Opening a Premium Painters franchise requires a total investment of $83K – $139K. This range typically includes real estate or leasehold improvements, equipment and fixtures, initial inventory, signage, insurance, and working capital to sustain operations during the ramp-up period.
Working capital alone ranges from $10K to $15K.
Ongoing Costs
Beyond the initial investment, Premium Painters franchisees pay ongoing fees. The royalty structure is: greater of (i) the Minimum Royalty Fee of $250 per month or (ii) 6% of Gross Sales on the first $1,500,000 in Gross Sales in each calendar year and 5% of Gross Sales over $1,500,000. The advertising or brand fund contribution is 2.0% of gross sales. There is also a technology fee of $229.
Net Worth & Liquid Capital Requirements
Premium Painters requires working capital of $10K – $15K to cover initial operating expenses. This is the liquid cash you should have available beyond the franchise fee and buildout costs.
What Can You Earn?
Premium Painters does not disclose earnings data in Item 19 of its Franchise Disclosure Document. Not all franchisors choose to publish financial performance representations, though this is a data point many prospective franchisees consider important.
Next Steps
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