Source: FranopolisFive Star Painting
The Business
SourcesThe franchisor is a direct, wholly-owned subsidiary of Neighborly Assetco LLC.
2026 FDD · PDF Page 2 · Item 1 · View Source
Read More About The Business
The franchisor is F IVE S TAR P AINTING SPV LLC, a Delaware limited liability company organized on November 13, 2020.
2026 FDD · PDF Page 1 · Item 1 · View Source
Read Source Excerpts
We are a direct, wholly-owned subsidiary of Neighborly Assetco LLC (“Parent”).
Source NotesThe franchisor is F IVE S TAR P AINTING SPV LLC, a Delaware limited liability company organized on November 13, 2020.
What It Costs
SourcesWhere Your Startup Money Goes
| Cost | Disclosed Amount | Source |
|---|---|---|
| Totals | $82,200 to $194,600 | 2026 FDD · PDF Page 38 Totals 11 $82,200 (Does not include real estate costs) $194,600 + any additional franchise fee + any real estate costs |
| Vehicle | $5,000 to $40,000 | 2026 FDD · PDF Page 38 Vehicle 2 $5,000 $40,000 |
| Advertising & Promotional and Local Marketing Spending | $15,000 to $50,000 | 2026 FDD · PDF Page 38 Advertising & Promotional and Local Marketing Spending 5 $15,000 $50,000 |
| Software System Fee | $1,250 | 2026 FDD · PDF Page 38 Software System Fee $1,250 $1,250 |
| Deposits, Permits & Licenses | $500 to $1,750 | 2026 FDD · PDF Page 38 Deposits, Permits & Licenses 7 $500 $1,750 |
| Insurance | $4,000 to $10,000 | 2026 FDD · PDF Page 38 Insurance 4 $4,000 $10,000 |
| Professional Fees | $250 to $5,000 | 2026 FDD · PDF Page 38 Professional Fees 8 $250 $5,000 |
| Equipment, Supplies & Inventory | $2,400 to $11,550 | 2026 FDD · PDF Page 38 Equipment, Supplies & Inventory 3 $2,400 $11,550 |
| Call Center Fee | $350 to $450 | 2026 FDD · PDF Page 38 Call Center Fee $350 $450 |
| Additional Funds - 6 Mo. | $6,200 to $10,600 | 2026 FDD · PDF Page 38 Additional Funds - 6 Mo. 9 $6,200 $10,600 |
| Training, Travel, Lodging & Food | $1,500 to $4,000 | 2026 FDD · PDF Page 38 Training, Travel, Lodging & Food 6 $1,500 $4,000 |
| Real Estate | $0 to $6,000 | 2026 FDD · PDF Page 38 Real Estate 10 $0 $6,000 |
Line items are shown as disclosed. Some costs overlap or apply to different formats; do not add them together without reviewing the source.
SourcesKey Franchise Fees
- Initial Franchise Fee
View Disclosed Terms
The initial franchisee fee you must pay to us is $45,000 (the “Minimum Initial Franchise Fee”) for a population of 150,000 - 200,000, plus $230 per each additional 1,000 population in your territory.
2026 FDD · PDF Page 24 · Item 5
Review Fee Sources
Fees And Payment Terms
| Fee | Disclosed Terms | Source |
|---|---|---|
| Booked Appointment Fee | Call Center Services Fees Current fees: $349.99 to $449.99/month (depending on the third-party vendor NCS is able to use) plus $15 per booked appointment. | 2026 FDD · PDF Page 29 |
| Additional Training Fee | Additional Training Fee The then-current fee, currently $125 per hour. | 2026 FDD · PDF Page 32 |
| Initial Marketing Spend Requirement Year 1 | you must spend $60,000, for local marketing during the first year of the operation of your Business | 2026 FDD · PDF Page 34 |
| Call Center Services Fee | Call Center Services Fees Current fees: $349.99 to $449.99/month (depending on the third-party vendor NCS is able to use) plus $15 per booked appointment. | 2026 FDD · PDF Page 29 |
| QuickBooks Online Fee | If you obtain QuickBooks Online through ZorWare, you will pay an additional fee of $30 to $220 per month depending on the license tier that you select. | 2026 FDD · PDF Page 28 |
| Failure to Attend Reunion Fee | Franchisees who do not attend or participate in the Reunion may be charged $2,000 for failure to attend or participate in the Reunion on a pro-rata basis. | 2026 FDD · PDF Page 30 |
| Late Fee on Software System Monthly Fees | Late Fees (on Software System Monthly Fees) $25 per month or the maximum amount allowed under the law, whichever is less. | 2026 FDD · PDF Page 29 |
| Key Accounts / Management Fee | Key Accounts/ Management Fee 5 Up to 5% of total Gross Sales related to Key Account work | 2026 FDD · PDF Page 33 |
| Initial Franchise Fee | The initial franchisee fee you must pay to us is $45,000 (the “Minimum Initial Franchise Fee”) for a population of 150,000 - 200,000, plus $230 per each additional 1,000 population in your territory. | 2026 FDD · PDF Page 24 |
| Amendment Fee | Amendment Fee 1 $300 | 2026 FDD · PDF Page 31 |
| Transfer Fee | Transfer Fee 1 The greater of (i) $7,500 or (ii) 5% of the transfer sales price. | 2026 FDD · PDF Page 30 |
| Local Marketing Groups | Local Marketing Groups 1, 2, 3 Not to exceed 3% of Gross Sales. | 2026 FDD · PDF Page 28 |
| Dishonored Check or ACH Draft Fee | Dishonored Check or ACH Draft 1 $50 | 2026 FDD · PDF Page 31 |
| Audit Noncompliance Fee | Audit Noncompliance Fee $500 per document (up to $2,500 per audit) that you fail to timely make available to us in connection with an audit | 2026 FDD · PDF Page 31 |
| Renewal Fee | Renewal Fee 1 $5,000 | 2026 FDD · PDF Page 31 |
| Training Fee under Buyer Commitment Agreement | Training Fee as part of Buyer Commitment Agreement 1 $14,900 | 2026 FDD · PDF Page 30 |
| Annual Convention | Annual Convention (“Reunion”) Fees 1 The then-current fee. Currently $1,000, plus travel, lodging, meals and other expenses. | 2026 FDD · PDF Page 30 |
| Software System Monthly Fees | Software System Monthly Fees 4 Currently, $333.25 per month | 2026 FDD · PDF Page 28 |
| Additional Territory Fee | You may purchase additional territory, if available, at $230 per 1,000 population. | 2026 FDD · PDF Page 24 |
| Software System Enrollment Fee | The amount of the enrollment fee is currently $1,250 per license granted to you. | 2026 FDD · PDF Page 27 |
| Minimum Local Marketing Spending | Minimum Local Marketing Spending equal to the greater of: (a) $20,000 or (b) 8% of your Gross Sales for the previous year. | 2026 FDD · PDF Page 34 |
| Initial Marketing Spend Requirement Year 2 | and $75,000 in the second year of the operation of your Business | 2026 FDD · PDF Page 34 |
| Interest | Interest 1 12% on unpaid balances | 2026 FDD · PDF Page 31 |
Some fees apply only to a specific event or service. These are not all monthly expenses.
SourcesTraining & Support
SourcesAfter Phase I Training has been completed, you will attend Phase II training, which generally will last 4 – 6 days.
2026 FDD · PDF Page 58 · Item 11 · View Source
Read Source Excerpts
Source NotesAfter Phase I Training has been completed, you will attend Phase II training, which generally will last 4 – 6 days.
Franchisor Financing
SourcesThe franchisor has no obligation to provide you any financing, but the franchisor may agree to finance a portion of the initial franchise fee for qualified prospective franchisees under specified terms and conditions.
2026 FDD · PDF Page 39 · Item 10 · View Source
Read Source Excerpts
Source NotesWe have no obligation to provide you any financing, but we may agree to finance a portion of the initial franchise fee for qualified prospective franchisees under specified terms and conditions.
The Franchise Network
SourcesReported At Year-End 2023
| Year | Franchised At Year-End | Company-Owned At Year-End | Source |
|---|---|---|---|
| 2022 | — | 0 | 2026 FDD · PDF Page 77 · Item 20 |
| 2023 | 234 | — | 2026 FDD · PDF Page 76 · Item 20 |
These are reported outlet counts, not available territories or a measure of profitability. A dash means a count is not available in this record.
Review The Source Figures
Inside The FDD
SourcesPlain-language summaries of the available FDD information. Each summary links to its source, with original excerpts available to review.
Sources
The Franopolis report provides the source research. FDD page references identify the supplied excerpts when available.
01The Business And Its Ownership
The franchisor is a direct, wholly-owned subsidiary of Neighborly Assetco LLC.
2026 FDD · PDF Page 2 · Item 1 · View Source
The franchisor is F IVE S TAR P AINTING SPV LLC, a Delaware limited liability company organized on November 13, 2020.
2026 FDD · PDF Page 1 · Item 1 · View Source
Read Source Excerpts
We are a direct, wholly-owned subsidiary of Neighborly Assetco LLC (“Parent”).
Source NotesThe franchisor is F IVE S TAR P AINTING SPV LLC, a Delaware limited liability company organized on November 13, 2020.
02The Leadership Team
The leadership team listed in the FDD includes Grayson Brown (Secretary of Manager and Franchisor, and EVP, General Counsel and Secretary of Neighborly).
2026 FDD · PDF Page 12 · Item 2 · View Source
Read Source Excerpts
Source NotesSecretary of Manager and Franchisor, and EVP, General Counsel and Secretary of Neighborly: Grayson Brown
08Suppliers And Required Purchases
The franchisor reserves the right to require that you only use approved products, inventory, supplies, uniforms, tools, equipment, signs, telephone and internet equipment and service, advertising materials, and other items.
2026 FDD · PDF Page 32 · Item 8 · View Source
The franchisor’s affiliate ZorWare is currently the sole supplier of the Software System.
2026 FDD · PDF Page 33 · Item 8 · View Source
Read Source Excerpts
We reserve the right to require that you only use approved products, inventory, supplies, uniforms, tools, equipment, signs, telephone and internet equipment and service, advertising materials, and other items.
Source NotesOur affiliate ZorWare is currently the sole supplier of the Software System.
10Financing Offered By The Franchisor
The franchisor has no obligation to provide you any financing, but the franchisor may agree to finance a portion of the initial franchise fee for qualified prospective franchisees under specified terms and conditions.
2026 FDD · PDF Page 39 · Item 10 · View Source
Read Source Excerpts
Source NotesWe have no obligation to provide you any financing, but we may agree to finance a portion of the initial franchise fee for qualified prospective franchisees under specified terms and conditions.
11Support, Training And Advertising
After Phase I Training has been completed, you will attend Phase II training, which generally will last 4 – 6 days.
2026 FDD · PDF Page 58 · Item 11 · View Source
Read Source Excerpts
Source NotesAfter Phase I Training has been completed, you will attend Phase II training, which generally will last 4 – 6 days.
17Renewal, Transfer And Ending The Agreement
The initial franchise agreement lasts 10 years.
2026 FDD · PDF Page 69 · Item 17 · View Source
Read Source Excerpts
Source NotesInitial term is 10 years.
20Franchise Locations
At the end of 2023, the FDD reports 234 franchised locations. These are reported locations, not a count of territories available to buy.
2026 FDD · PDF Page 76 · Item 20 · View Source
Read Source Excerpts
Source NotesFranchised 2023 230 234 +4
Find The Right Business For The Life You Want.
You don’t have to compare every brand on your own. A franchise consultant can help narrow your options and work through what ownership would ask of you.
Bring your questions about this brand, your priorities and the kind of business you want to run.
Your Role
Understand the hours, sales and people responsibilities behind the ownership model.
Your Shortlist
Spend less time sorting through brands and more time on options worth exploring.
Your Market
Check territory options with franchisors and identify the next questions to ask.
Keep Exploring
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