March 26, 2008 // Franchising.com // - SPRINGVILLE, Utah – Five Star Painting Inc, a leading painting franchise system today announced that Jacob and Kristin Coldwell have purchased and a new location in the Hollis, Maine market. Five Star Painting is now one of the fastest growing, and second largest, painting franchises in North America with operations from California to Florida, and now Maine! Five Star Painting is international located as well with franchisees in Canada and Mexico. Five Star Painting is seeing phenomenal expansion from current and new franchisees in order to meet the growing demand of its clients across North America.
Jacob and Kristin Coldwell are native to the area of Hollis and are venturing out into the business world as dynamic, experienced and hard working new franchisees. Jacob has experience in the painting industry and saw an opportunity to leverage his experience along with Five Star's model. "We are excited about the great system in place and the variety of great people on their team to help us. I think we can be very successful using the Five Star system and our background."
Jacob has an extensive background in the financial services sector and has held managerial and leadership positions throughout his career. Kristin has a BS in Accounting and was also a financial services executive specializing in audits. Together they have complimentary experience and knowledge that combined with the strength of the Five Star Painting system will make for a well run business in Maine. Jacob and Kristin will build a strong business and plan to be a significant contributor to the growth of the Five Star Painting franchise system.
Scott Abbott, CEO of Five Star Painting commented on Jacob and Kristin and their new franchise purchase "Jacob and Kristin are really great people. They are smart, and they took their time and did their homework before deciding to venture out and start a franchise business. They are a fit for our entry into the northeastern tip of the USA. They know the people and the market very well. They really are a superb team with complimenting business, marketing and accounting experience. We are grateful and excited that they chose to join the Five Star family over the other franchise choices they considered."
Formed in 2000, Utah-based Five Star Painting Inc has grown to 47 franchises in North America, with operations in the USA, Canada and Mexico. Five Star Painting offers its Franchisees access to customized software, a 24/7call center, online and offline marketing expertise, extensive training and ongoing management support. Customers of a Five Star Painting Franchise receive a Five Star job without a five star price. As one of the fastest growing franchises in the service industry Five Star Painting works with industry leaders to deliver business opportunities to entrepreneurs committed to a high level of customer service. To learn more, please visit: www.fivestarpaintingfranchise.com.