Start a Five Star Bath Solutions Franchise in 2024

2024 Franchise 500 Rank: #314 Ranked #427 last year

Initial investment: $126K - $266K

Units as of 2024: 209 221.5% over 3 years

Ah, the bathroom, a source of peace and recharge for anyone with a full bladder or in need of an escape. Naturally, everyone wants to feel comfortable in their bathroom. Five Star Bath Solutions, which was founded in 1996 and began franchising in 2008, may hold the solution to better bathrooms and showers as a remodeling company. Founded in Canada and since expanded into the U.S., they are one of the more well-known bathroom remodeling companies in the home remodeling industry. They are committed to designing and building dream bathrooms for all their clients.

There are over 40 Five Star Bath Solutions locations in the United States to go along with more than a dozen franchises in Canada.

Why You May Want to Start a Five Star Bath Solutions Franchise

If you love the idea of offering dream-worthy bathrooms to your community, then a Five Star Bath Solutions franchise could be for you. Their commitment to providing the best remodeling services may make them a favorite for potential franchisees, as well as customers. With a professional staff, an easy selection process, and quality assurance, they make remodeling as simple as possible for their clients. Their mission to be the top bathroom remodeling company pushes them to provide exceptional services to their customers.

With your Five Star Bath Solutions franchise, you have the potential to provide people with a safe, calm, and beautiful bathroom. A well-remodeled bathroom can be a source of serenity and help reduce stress, improving the quality of life for each individual who uses it.

What Might Make a Five Star Bath Solutions a Good Choice?

Five Star Bath Solutions is one of the larger franchise systems in the bathroom renovation industry. Their dedication to providing a quality experience to each of their customers has brought them a steady stream of clientele for years. Their success in the remodeling industry and their stellar reputation may be promising for people considering the prospect of opening a Five Star Bath Solutions franchise.

The perfect candidate for a Five Star Bath Solutions franchise is a self-starter with an entrepreneurial spirit, a strong desire to succeed, business management skills, and training experience. If you feel you fit these qualifications, opening a Five Star Bath Solutions franchise could be a great decision for you.

How To Open a Five Star Bath Solutions Franchise

As a Five Star Bath Solutions franchisee, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company's liquid capital requirements.

Once you have completed an official franchise application and signed on board, you will undergo a multi-day intensive training session in the existing corporate territory and learn all you need to run your franchise. As you begin the training process, you will get the opportunity to speak with other franchisees to learn through their experiences.

Get ready to make the bathroom your world. Five Star Bath Solutions wants to see your franchise grow, and the company is prepared to support you every step of the way.

Company Overview

About Five Star Bath Solutions

Industry	Home Improvement
Related Categories	Kitchen & Bath Remodeling, Building & Remodeling
Founded	1996
Parent Company	Five Star Franchising
Leadership	Dean Hartley, President
Corporate Address	761 West 1200 North, #200 Springville, UT 84663
Social	Facebook, LinkedIn, Instagram, YouTube

Business Overview

Franchising Since	2008 (16 years)
# of employees at HQ	11
Where seeking	This company is offering new franchises throughout the US. This company is offering new franchises in the following international regions: Canada
# of Units	209 (as of 2024)

Information for Franchisees

Here's what you need to know if you're interested in opening a Five Star Bath Solutions franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Definition: The initial fee paid to a franchisor to join their system What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.	$59,500
Initial Investment Definition: The total amount necessary to begin operation of the franchise What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.	$125,500 - $266,000
Net Worth Requirement Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.	$250,000
Cash Requirement Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.	$100,000
Veteran Incentives Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.	10% off franchise fee
Royalty Fee Definition: A ongoing fee paid to the franchisor on a regular basis. What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.	6%-5%
Ad Royalty Fee Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts. What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.	$350+/mo.
Term of Agreement Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.	10 years
Is franchise term renewable?	Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing	Five Star Bath Solutions has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training	24 hours
Classroom Training	15-20 hours
Ongoing Support	Purchasing Co-ops Newsletter Meetings & Conventions Toll-Free Line Grand Opening Online Support Security & Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform
Marketing Support	Ad Templates Regional Advertising Social Media SEO Website Development Email Marketing

Operations

Additional details about running this franchise.

Is absentee ownership allowed?	No
Can this franchise be run from home/mobile unit? Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.	Yes
Can this franchise be run part time? Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.	Yes
# of employees required to run	1-3
Are exclusive territories available? Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened. What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.	Yes