Franchise Investment Costs

A major benefit of investing in a franchise is getting the acumen of the entire franchise family. You get to receive the benefit of skipping passed mistakes made by previous business owners and get right to business. A Harding’s Franchise Partner is part of the #DitchtheDiY revolution family. It’s a support network like none other and it’s part of your painting franchise investment.

Harding’s works with you to achieve the lowest possible opening cost. After all,  it is about making you profitable, there is no need to bloat your opening costs on unnecessary capital costs. We get you where you need to be efficiently, so you can start making money as soon as possible.

START UP COSTS*

Franchise Fee:

A Harding’s Franchise Fee starts at $25,000.00 CAD for standard territory of up to a population base of 250,000 people and increases to $35,000.00 CAD for population bases greater than 250,000 people.

$25,000 – $35,000

Pre-Opening / Grand Opening Expense:

A marketing fee is attributed to your initial marketing campaign to promote your new business in your community and is based on your market size. The fee is used for digital, visual and direct marketing within your territory.

$5,000 – $15,000

Training:

Costs may vary based on your territory location and travel costs. There is no fee charged by Harding’s for Training. the estimate provided is your hard costs for the training period for your travel, accommodation and food allowance.

$2,000 – $4,000

Vehicle Acquisition Cost:

There a a few options available with your vehicle. All must meet Harding’s professional and colour criteria: Implement a current vehicle you already own, Finance a truck or van for use with your company or lease a truck or van for use with your company.

$0.00 – $65,000

Vehicle Wrap / Graphics:

The estimate to decal and/or wrap your company vehicle with Harding’s branded decals

$500 – $3,500

Equipment:

This estimate is to include such items as a computer or tablet to work from and complete estimates with, your cell phone, printer and other office equipment you may require. *Of course, you may choose to utilize equipment you may already have on hand.

$500 – $3,500

Insurance, Permits & Professional Fees:

This estimate is to include such items as Insurance, required Permits & Licenses and Professional Fees for legal and accounting.

$4,500 – $14,500

Total Start Up Estimate:

$37,500 – $140,500

*NOTE: These are estimated costs for an individual only, showing a low to high range of investment. Harding’s Services Inc. cannot guarantee the exact costs of opening each individual painting franchise. Multiple franchises purchased together will vary in cost. Estimates are compiled using previous Harding’s licenses or franchises. Your franchise may vary based on, the present-day economy and various other factors beyond Harding’s Services Inc. control. Regardless, payments are made weekly but may be changed to adjust for such things as holidays and/or month end dates.