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“Paint and sip” is one of the fastest growing franchise categories this year. In these workshops, you and your friends can paint, create and party. Brush up on what these top studios have to offer and get involved!
Bottle & Bottega
Bottle & Bottega is “all about friends, a canvas and a bottle of wine.” Rather than an art class, this studio hosts art parties where people can celebrate, relax, try something new and create a masterpiece. Entrepreneur Magazine’s No. 42 best new franchise of 2015, Bottle & Bottega has a total investment ranging from $62,200 to $125,600 and an initial franchise fee of $20,000. The ongoing royalty fee is 6 percent and the term of franchise agreement is renewable after 10 years. Bottle & Bottega requires a net worth of $250,000 and $75,000 of available liquid cash. The company also provides training at headquarters and online.
Painting with a Twist
Ranked No. 1 in the paint and sip category on Entrepreneur Magazine’s 2015 Franchise 500, Painting with a Twist offers step-by-step instruction for patrons while they celebrate birthday parties, bridal showers, or just a night out. This BYOB studio has a startup fee of $25,000 and a total investment of at least $94,300. The ongoing royalty fee is 6 percent and the franchise contract is 7 years and renewable. Painting with a Twist requires a $150,000 net worth and $50,000 of liquid cash available. However, the company does permit absentee ownership.
Pinot’s Palette offers regular painting classes as well as private, corporate and mobile events. This studio, too, encourages you to open a bottle of wine as you open your paint can. To start a Pinot’s Palette, there is a franchise fee of $25,000. The total investment cost falls between $74,200 and $173,500 with an ongoing royalty fee of 10 percent. The financial requirements for franchisees are a net worth and available liquid cash each valued between $80,000 and $100,000. Absentee ownership is not allowed, but the company does provide training both at headquarters and at the franchisee’s location.
Wine and Design
True to its name, this studio welcomes corkscrews, cups and canvases. Wine and Design hosts individuals, groups and even a kids summer camp. The total investment for opening a Wine and Design franchise unit ranges from $35,800 to $83,000 and the initial franchise fee is 6 percent. The term of franchise agreement is the shorter than the previous studios: 5 years and renewable. Franchisees are required a net worth of $25,000 as well as $25,000 in liquid assets. Only 2 employees are needed to run each unit and absentee ownership is allowed.
If you’re considering a franchise investment or just have questions, feel free to contact one of our franchise specialists to learn more about the process and all the different franchise opportunities by completing our request form or calling 1-877-650-5551.
By Erin Cizek
Auto accidents seem to happen every minute, but they can be fixed just as quickly with the help of excellent car care. Because they provide essential service, automotive franchises are here to stay. Here are the top five auto repair and maintenance franchises to consider buying into to get your business career in full gear:
Batteries Plus Bulbs offers an impressive selection of batteries, light bulbs, and associated products and services. Listed on Entrepreneur Magazine’s Franchise 500 for 17 straight years, Batteries Plus Bulbs is also recognized by Forbes Magazine as the #4 franchise for mid-range investment in America. The franchise fee is $37,000 and the total investment ranges from $208,450 to $385,750. A net worth of $350,000 and $100,000 in liquid assets are required. The term of franchise agreement is 10 years with an ongoing royalty fee of 5 percent. All of the current franchisees are owner/operators and can run the franchise from home.
Glass Doctor provides not only automotive, but residential and commercial glass repair and replacement. Glass Doctor has nearly 40 years of franchising experience and is looking to expand more within North America and start up in Europe. With an initial franchise fee of $28,000, the total investment falls between $108,800 and $289,000. The term of franchise agreement is 10 years and renewable with an ongoing royalty fee of 5-7 percent. Glass Doctor requires a net worth of $50,000 and $45,000 – $50,000 in available liquid cash.
Maaco Franchising Inc. has been ranked in Entrepreneur Magazine’s Franchise 500 for five consecutive years, as it is a leader in the automotive paint and collision repair industry. The total investment for opening a franchise of “America’s Bodyshop” varies between $364,054 and $471,054. The franchise fee is $35,000 and the ongoing royalty fee is 8 percent. To financially qualify as a franchisee, a net worth of $300,000 and $90,000 in liquid assets are required. All current franchisees are owner/operators, however Maaco does not permit absentee ownership.
Meineke Car Care Centers is an automotive franchise specializing in exhaust, brake, oil and lube service as well as other maintenance such as front-end alignment. This company has consistently appeared in America’s Top Global franchise list and was most recently named #52 in Entrepreneur’s Franchise 500. The initial fee is $30,000 and the total investment tops out between $173,450 and $452,405. Meineke’s ongoing royalty fee is 3-8 percent and the term of franchise agreement is 15 years. This company also requires a net worth of $200,000 and $75,000 of liquid cash. Unlike most franchises on this list, Meineke allows absentee ownership.
Ziebart offers many automotive services and products, from detailing and window tinting to glass repair and vehicle accessories. Founded by a German mechanic over 50 years ago, Ziebart currently has 77 U.S. locations, 84 Canadian, and 200 international. The total investment for starting a Ziebart franchise ranges from $331,000 to $1,720,000. The franchise fee is $30,000, but the fee is waived for veterans. Ziebart charges 5-8 percent as an ongoing royalty fee and requires franchisees to have a net worth of $250,000 and $100,000 in available liquid assets.
By Erin Cizek