1-800-STRIPER Franchise FAQ
1-800-STRIPER Franchise Frequently Asked Questions
What experience do I need to have to become a 1-800-STRIPER franchise owner?
We seek franchise owners who are interested in the building maintenance, paving, striping or service industries. A good design-eye is needed to visualize and create efficient parking and pedestrian line designs. Franchise owners need to be personable, professional and able to create relationships with partnerships in their communities. Any qualified individual eager to start their own business, operate it from home, and follow our well-developed and proprietary systems is encouraged to learn more about the programs and start-up packages we offer.
What is provided as part of the 1-800-STRIPER franchise system?
Five days of initial franchise training will be provided for up to three individuals in Rochester, New York or other designated location. Our team will send at least one representative to assist you with onsite training for up to three days during the first 60 days that you are open for business. Our team is available for ongoing assistance with everything from equipment to operations to marketing. There are ample opportunities for ongoing industry education as well. Franchise owners will benefit from startup packages, branded vehicle wrap specs, technology tools, local marketing campaign assistance, and a confidential operation manual, which details important procedures, reporting, equipment maintenance, marketing, and more.
How much will the franchise investment cost me?
The total initial investment necessary to begin operations ranges from $205,806-326,678 for a single location. This includes a $49,500 initial franchise fee (1-800-STRIPER will offer a discount of 15% of the initial franchisee fee for qualified veterans). As with any new venture, it’s important to have adequate capital to fund the initial business growth stages.
What is the term of the franchise agreement?
The initial term of your franchise agreement is ten years, with two additional successor agreement options of five years each.
Are there ongoing fees paid to the franchisor?
We charge a royalty fee equal to 7% of gross revenue paid on a monthly basis and there are fees charged for access to various approved technology platforms (please refer to our Franchise Disclosure Document for a full list of fees). These fees allow us to fund our ongoing support services and the continued development of product and supply channels, marketing tools, training programs, and systems upgrades.
Are there any advertising fees?
Owners must spend a minimum of $15,000 on initial launch marketing and promotions, within the first 5 months after signing the franchise agreement (10% of the initial launch marketing fund may be required to be spent on pay-per-click marketing). On an ongoing basis, Franchise owners are expected to spend the greater of $500/month or 3% of gross revenue on local marketing. Franchise owners are also required to contribute 2% of gross revenue to the System Marketing Fund, paid monthly. Collected funds will be used to develop marketing strategies to promote the 1-800-STRIPER brand and fund the creative costs to develop local franchise marketing materials and campaigns.
How large is a territory?
We create territories based on the number of businesses in an area. It is important to us that we ensure you are getting plenty of parking lots to market to and service. Most importantly, we give you a protected territory so that you are the only person who can market to and service leads and customers in your territory.
In some locations, this is a seasonal business; how can I make any money?
Enjoy the flexibility of the business. Parking lot striping is a business that clients value and our service is in great demand. When franchise companies slow down over the winter (depending on your location), you can focus on other aspects of the business or make time for the things that you enjoy during the off season.
Do I need to have experience in the parking lot striping industry?
No, you don’t need to have any prior experience in parking lot striping or running a franchise business. We’ll provide you with an in-depth training program and onboarding that teaches you the 1-800-STRIPER process. Once your initial training is completed, the support doesn’t stop there. Our corporate team will be working tirelessly to promote your success.
