WOW 1 DAY PAINTING offers professional painting services for both commercial and residential properties. Known for quick turnaround times, this franchise requires an initial investment of $96,050 to $189,200. Operates in the home improvement and painting industry.
The total initial investment necessary to begin operation is between $96,050 and $189,200. This includes an initial fee ranging from $40,000 to $60,000, plus additional costs for subterritories at $20,000 each [p.1].
The initial franchise fee is a minimum of $40,000, which includes $20,000 for the first subterritory plus $20,000 for one additional subterritory. This fee is payable in a lump sum upon signing the Franchise Agreement and is not refundable except after one year if specified revenue targets are not met in the first year of operations. [p.10, p.153]
The franchisee pays a continuing royalty fee equal to 6% of their Gross Revenue during the Term and any Renewal Term. Additionally, during the first four full fiscal quarters of operating the Franchised Business, at least 12% of Gross Revenue must be spent on local advertising and promotions, reducing to at least 7% in subsequent quarters. [p.29]
This isn't specified in the excerpts.
According to the FDD, you can sell or transfer your franchise only with good cause as determined by the franchisor [p.211]. Good cause includes but is not limited to situations where you sell or lose possession of all or a substantial part of the assets used in the Franchised Business [p.92].
The franchisor can terminate the agreement on any grounds available by law [p.216]. Additionally, if the franchisee continues to operate after the term or any renewal term without exercising an option to renew, the franchise agreement may be terminated by the franchisor at any time with ten (10) days' written notice [p.98].
You must submit an annual financial statement and current personal net worth statement to show your financial ability [p.33]. Additionally, you are required to maintain sufficient capital to operate the Franchised Business, with a potential minimum amount specified by the franchisor as backup working capital or a contingency fund [p.89].
Yes, you receive a non-exclusive but assigned and protected territory [p.31]. This means you will not face competition from other WOW 1 DAY PAINTING franchises within your designated area as long as you comply with the terms of your Franchise Agreement [p.31]. However, this exclusivity can be removed if you are in default under the agreement [p.31].
The franchisor provides an initial training program for the franchisee's Principal Operator and any other required individuals, which must be completed to the franchisor's satisfaction [p.24]. This includes pre-opening and initial training obligations as specified in the Franchise Agreement or Franchise Disclosure Document [p.82]. Additionally, the franchisor offers periodic refresher training, service training, management training, and other courses at its discretion [p.27]. Ongoing support includes business coaching and access to a national Sales Center for scheduling appointments, maintaining client databases, and providing detailed reports [p.7].
As of the end of the last fiscal year, there were a total of 48 franchised outlets (34 in the U.S. and 14 in Canada) that were open and operating through at least the last 12 months of the year ending December 31, 2025 [p.41]. Additionally, during the last fiscal year, there were no franchisees who have not communicated with the company within 10 weeks of the date of this disclosure document, and 23 outlets were terminated, not renewed, reacquired, or ceased operations for other reasons [p.49].
The franchisor does not make any financial performance representations except for providing actual records of an existing outlet if you are purchasing one. [p.46] However, they may supplement the information provided in Item 19 under certain conditions. [p.41] It is important to conduct an independent investigation into costs and expenses.
You are restricted to selling only the goods and services approved by the franchisor [p.20, p.35]. You must purchase or lease certain items from the franchisor's approved suppliers or meet their specifications for other items [p.20]. This includes paint and painting supplies, vehicles, signage, uniforms, credit and debit card processing services, communications equipment, and marketing materials [p.20].