Go Painting
Home Services · Painting Services
- Active units
- 0
- Avg unit volume
- $7.9M
- Royalty
- 7.0%
Franchised, year-end 2023
of weekly Net Sales
About Go Painting
GO Painting is a brand that stands out in the industry due to its unique approach and exceptional service. With 15 years of experience, we have built a solid foundation focused on providing outstanding results and customer satisfaction. Our expertise lies in large-scale, exterior rehabilitation projects with existing residents or tenants. What sets us apart is our Go Approach. We prioritize communication, ensuring that you have direct access to our team throughout the entire project. We offer a custom portal that keeps you updated on project progress, allows you to submit questions or requests, and facilitates direct communication with our team. This streamlines the process and reduces the need for multiple phone calls or intermediaries. Customer service is of utmost importance to us. We go above and beyond to earn your trust and become your valued partner. Our brand values compassion, trust, gratitude, and accountability. We genuinely care about your needs and strive to improve your experience. Whether it's painting your properties or providing reliable resources for the future, GO Painting is here to exceed your expectations.
Key terms
- Franchise fee
$60k
- Brand fund
2.0% of Net Sales
- Local advertising
1.0% of Net Sales
- Footprint
300 – 500 sq ft
- Veteran discount
10.0% off franchise fee — 10% reduction for first/initial Operating Territory under VetFran
Brand Percentile Rankings
Growth
- Total locations0
Franchised units open at year-end
- New openings0
Gross new units opened during the calendar year
- 1-year unit growth rate—
Net unit growth versus prior year
- 3-year unit CAGR—
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio0.0×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)$7.9M
Average revenue computed across the three affiliate locations listed for 2023: (14,205,705 + 5,530,463 + 3,895,903) / 3.
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate—
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$129k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open2 months
Midpoint of average time from agreement to opening
↓ Lower is better - Royalty rate7.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio61.1×
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.