InvestmentInfo

Investment Info

Invest in the future you’ve always wanted. REQUEST INFO

Investment Info

The cost of a Spray-Net franchise.

Why our exterior painting franchise costs more than the average.

The typical Spray-Net customer is a homeowner who actually isn’t looking for a painting service. The typical Spray-Net customer is a homeowner who first looks into replacing their siding, doors and windows. The cost of our exterior painting franchise is a reflection of that. We don’t offer homeowners a paint job. We offer them a factory finish that serves as a real alternative to replacement.

  • We’re equipment heavy: You can’t provide the next generation of exterior painting with a brush and roller. Our technical and specialized solution requires the use of equipment at the forefront of the paint and coatings industry.
  • Marketing is now a part of your initial investment: Yes, it’s technically an operating cost, but we put it up front and center within your initial investment. As the owner of a new, niche concept, it’s a substantial amount you’ll need to spend at the outset. No surprises.
Franchise Fee:$50,000
Initial Training & Travel:$21,500 - $23,000
One Year Insurance Premiums:$5,000 - $7,000
Legal & Accounting Fees:$1,500 - $3,000
Opening Marketing:$50,250 - $70,250
Equipment:$5,000 - $60,000
Starter Kit:$7,500 - $10,000
Cash Flow:$5,000 - $15,000
Software:$1,500 - $3,100
Vehicle:$1,000 - $3,500
Total Investment:$148,250 - $244,850
Directly into your businessFranchisee fee & other costs
Required liquidity$100,000
Required net worth$300,000

† All investments are based on year 1. Capital reinjection may be required for year 2. 

OUR ROYALTY FEE ALLOWS US TO PROVIDE YOU WITH:

Research & Development

Proprietary Coatings

Business Coaches & Mentors

In-House Call Center

How can I pay for my Spray-Net franchise? 

  • Financing makes starting a business more affordable than you think. Our proven business model and financial structure are pre-approved by major banks, which helps secure a business loan.
  • Our franchise recruitment team will also help you evaluate different financial options.

Where is my investment going, exactly?

  • Franchise Fee: This is what gives you the exclusive right to operate a business under the Spray-Net brand and access our proprietary products and technologies.
  • Starter Kit: includes all the apparel, marketing materials, business cards and everything else you need to meet your customers as an official Spray-Net partner.
  • Training & Travel: covers your travel and lodging during the first initial phase of your training, which takes place at our head office.
  • Equipment: all of it, from your spray guns, power tools and even our mobile spray booth
  • Accounting & Legal Fees: starting a business is sort of a big deal, so you’ll need a lawyer to look through your franchise contract and an accountant to crunch the numbers.
  • Opening Marketing: aka, your grand opening plan. This is the strategic marketing plan we create to generate leads and start building brand awareness in a new Spray-Net territory.
  • Inventory: The minimum level of stock needed to complete your first set of jobs.

 

How much can I expect to make?

Apart from how many territories you purchase and how you structure your business, your financial results will depend on where you are in the Learn, Optimize, Apply & Scale trajectory.

  • LEARN: year 1 is your learning year. You’ll climb the initial learning curve and start building a team, creating a network of referrals with other local contractors and ranking organically online.
  • OPTIMIZE: in year 2, you and your team will put your newfound knowledge and experience into full gear. You’ll get referrals from the jobs you completed in year 1 and you’ll have a bunch of beautiful revamps to show your new potential customers. Both of which can potentially help in boosting your sales ratio.
  • APPLY: by year 3, you’ll have built a solid team and you’ll be ready for local Spray-Net domination! You’ll start to create clusters of revamps in different neighbourhoods, which will help fortify brand-awareness in your territory. At this point, you’re much more confident in your sales and on-site production game.
  • SCALE: you’re pretty much a pro now and depending on your goals, you can scale your operations across multiple Spray-Net territories.

A franchise is still a business!

A franchise is a business with support, but it’s still a business. While our team is there to support you, your financial success is directly attributed to your own personal grit. Our franchisees understand that there’s a shared responsibility to make their businesses successful, which is why regardless of how much support we offer, they’re hands-on owner operators who get their hands dirty!