360° Painting Named ”Best of the Best” by Entrepreneur Magazine
May 24, 2018 // Franchising.com // CHARLOTTESVILLE, Va. – 360° Painting, one of the nation's fastest-growing residential and commercial painting franchises, was recently featured in Entrepreneur's Best of the Best list, an annual celebration of the top franchise companies in their respective industry categories, according to the magazine's Franchise 500 rankings.
360° Painting claimed the No. 287 spot on Entrepreneur magazine's 2018 Franchise 500 list.
”It is truly an honor to appear on the Best of the Best Franchises list in such a competitive year,” says 360° Painting CEO Paul Flick. ”Our continued growth is a testament to our proven business model and hardworking franchisees. We are passionate about serving our local communities with honest and professional home improvement services.”
The 2018 Franchise 500 rankings are determined by an evaluation of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability.
”More than 1,000 companies applied for this year's Franchise 500, making it one of our most competitive rankings ever,” says Jason Feifer, Entrepreneur's editor in chief. ”So for these companies to not only rank but land at the top of their respective categories is quite an achievement.”
Today, 360° Painting has more than 90 locations open and operating throughout the United States and Canada. The company also has a total active franchise pipeline that stands at 20 locations, all of which are slated to open over the next couple of months. Company plans call for nearly doubling its national footprint by the end 2018.
Including a franchise fee of $60,000, the initial investment to open a 360° Painting franchise ranges from $76,655 to $123,700. Each franchisee owns an exclusive territory with a minimum of 30,000 households with incomes over $75,000 per year and at least 300,000 in population.
To view 360° Painting in the full listing, visit https://www.entrepreneur.com/franchise500/2018. The list can also be seen in the May issue of Entrepreneur.
About 360° Painting
Founded in 2005 and franchising since 2006, 360° Painting is one of the nation's fastest-growing residential and commercial painting franchises with more than 90 locations open and operating throughout the United States and Canada. For more information, visit www.360painting.com.
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SOURCE 360° Painting