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Rates
2024 FDD ON FILEFlooring Contractors
Wise Coatings

Wise Coatings

Franchising since 2020 · 6 locations

The total investment to open a Wise Coatings franchise ranges from $72,000 - $185,500. The initial franchise fee is $50,000. Ongoing royalties are 5%. Wise Coatings currently operates 6 locations (6 franchised). PeerSense FPI health score: 66/100. Data sourced from the 2024 Franchise Disclosure Document.

Investment

$72,000 - $185,500

Franchise Fee

$50,000

Total Units

6

6 franchised

FPI Score
Medium
66

Proprietary PeerSense metric

Strong
Capital Partners
4lenders available

Active capital sources verified for Wise Coatings financing

SBA

7(a) Eligible

21d

Avg Funding

P+2.25%

Best Rate

No retainers · Referral fee at closing

FPI Score Breakdown

Emerging (3-9 loans)

Medium Confidence
66out of 100
Strong

SBA Lending Performance

SBA Default Rate

0.0%

0 of 7 loans charged off

SBA Loans

7

Total Volume

$0.9M

Active Lenders

4

States

6

What is the Wise Coatings franchise?

The decision to invest in a franchise is one of the most significant entrepreneurial choices, often fraught with the challenge of identifying a robust business model within a dynamic market, a problem Wise Coatings aims to solve for ambitious entrepreneurs. Wise Coatings, a rapidly expanding floor coating franchise, offers a comprehensive business model within the booming home services sector, specializing in premium residential and commercial floor coating solutions. The company provides durable and aesthetically pleasing epoxy and polyurea coatings for diverse applications, including garages, patios, basements, warehouses, and showrooms, directly addressing the growing consumer demand for high-quality, long-lasting surface enhancements. Founded by successful entrepreneurs who identified a significant gap in the floor coatings industry concerning premium service, professional operations, and customer-first experiences, Wise Coatings has rapidly carved out a distinctive market position. While some sources indicate the company was established in 2020, others suggest 2021, with franchising also commencing in either 2020 or 2021. The co-founders are Whitney White, who serves as the CEO, and Brandon Bond, with Brandon Vaughn also recognized as a founder instrumental in scaling the business. Headquartered in Lake Mary, Florida, Wise Coatings has demonstrated a significant growth trajectory since its inception, quickly expanding from a single location. In its early days, the company grew to eight franchises across the USA in just over a year and has since expanded to over 20 partners. As of November 2024, Wise Coatings reported 25 franchises across 19 states, with additional locations in development, while another report from 2024 indicates a total of 27 units, with 11 new units opened in 2024. A July 2024 source states an even higher figure, reporting 75 locations with over 30 more in development, building on earlier 2020 data that showed 1 US franchise and 2 operating units; the brand maintains ambitious growth plans, aiming to reach 50 franchises by the end of 2024 and currently operates exclusively within the United States. This rapid expansion, supported by a strong FPI Score of 66, underscores its growing presence as a significant franchise opportunity in the Flooring Contractors category, positioning it as a compelling option for investors seeking to capitalize on a specialized service market with high demand.

The floor coatings industry, particularly the epoxy and polyurea segments, represents a substantial and growing market for franchise investment, driven by a confluence of consumer and industrial trends. The global epoxy floor coating market alone was valued at $4,690 million USD in 2024 and is projected to grow from $4,890 million USD in 2025 to $7.5 billion USD by 2035, exhibiting a Compound Annual Growth Rate (CAGR) of approximately 4.3% during this period. North America's epoxy floor coating market contributes significantly to this growth, valued at $1,600 million USD in 2024 and projected to reach $2,550 million USD in 2035, highlighting a robust regional demand. The broader global floor coatings market was valued at $2,687.7 million USD in 2019 and is projected to reach $4,734.9 million USD by 2027, growing at a CAGR of 7.8% during the forecast period from 2020 to 2027. Specifically, the U.S. floor coatings market was estimated at $1.91 billion USD in 2025, growing to $1.99 billion USD in 2026, and is projected to reach $2.43 billion USD by 2031, with a CAGR of 4.12% over 2026-2031, with one projection for the U.S. market reaching $648.0 million USD by 2027. The global industrial floor coatings market, a key segment for Wise Coatings, was valued at $6.1 billion USD in 2025, expected to grow from $6.6 billion USD in 2026 to $12.3 billion USD in 2035, at a CAGR of 7.2%, with the manufacturing & industrial segment dominating with an approximate share of 24.7% in 2025 and an expected growth at a CAGR of 6.8% by 2035. Epoxy coatings held approximately 38% of the total floor coatings market share in 2025 globally, and commanded an even higher 41.70% of the U.S. floor coatings market share in 2025, underscoring Wise Coatings' specialization in a dominant product category. Consumer trends driving this demand include a booming home improvement industry and strong homeowner investment in property improvement and functional upgrades, alongside a rising demand for durable and low-maintenance flooring solutions across residential, commercial, and industrial sectors. Technological advancements, such as the development of eco-friendly and low-VOC (volatile organic compounds) epoxy coatings, are transforming product offerings and attracting environmentally conscious consumers, while increasing infrastructure investments, rapid industrialization, and a growing focus on sustainable construction practices further fuel market expansion. The demand for aesthetic decorative coatings in the residential remodeling market, with homeowners preferring low-maintenance surfaces that replicate natural materials, combined with specific demand from healthcare and food processing industries for antimicrobial, seamless, and hygienic floor coatings, creates a resilient and diverse market opportunity for Wise Coatings franchise owners.

Investing in a Wise Coatings franchise involves a structured financial commitment, positioning it as a mid-tier investment within the franchise landscape. The minimum franchise fee is $50,000, with a veteran's fee offered at $45,000, and one source also listing the franchise fee as $49,500, indicating a standardized entry cost. The total initial investment required to open a Wise Coatings franchise varies across different reports, reflecting potential differences in territory size, market conditions, and build-out requirements. Reported ranges include $114,550 to $133,650, and also $102,957 to $122,007, while another source provides a broader range of $150,000 to $300,000, which aligns with the PeerSense database's initial investment range of $72,000 to $185,500. For a territory containing between 175,000 and 225,000 households, the investment range is stated as $174,840 to $199,625, which comprehensively includes 3rd party professional advisory fees, insurance, and three months of working capital, covering essential startup costs like the franchise fee, marketing expenses, licenses and permits, equipment, and training. Prospective franchisees need a minimum of $50,000 in liquid capital, though another source suggests a minimum cash required ranging from $90,000 to a higher figure, influenced by factors like location and build-out costs, indicating the need for robust financial planning. Beyond the initial investment, franchisees are required to pay ongoing fees, including a royalty fee of 5.0% of collected gross revenue, though one source reported a royalty fee of 6% of gross sales, reflecting standard industry practice for ongoing operational support. An ad fund fee of 2.0% of gross revenues is also required, sometimes referred to as a marketing fee of 2% of gross sales, which contributes to brand-wide marketing and lead generation efforts. The structure of these fees, coupled with the comprehensive initial investment, suggests a transparent financial model designed to support sustained growth and profitability for the Wise Coatings franchise owner.

The Wise Coatings operating model is designed for efficiency and franchisee success, described as turnkey with simple operations, low overhead, and high margins, a compelling proposition for those exploring a franchise opportunity. The core of the operation involves delivering premium residential and commercial floor coating solutions using durable epoxy and polyurea materials. For new franchisees, the journey begins with a comprehensive training program consisting of a week of hands-on training in Orlando, Florida, which covers not only technical aspects of floor coating application but also crucial business operations, financial coaching, and growth strategy. This foundational training is supplemented by extensive training libraries, available for everything from technician onboarding to advanced sales techniques, ensuring continuous skill development across the Wise Coatings franchise network. The corporate headquarters provides robust, extensive back-end support, handling key services such as marketing, lead generation, call answering, and appointment setting, significantly reducing the operational burden on franchisees. This centralized support extends to business coaching, bookkeeping, CRM systems, Facebook and Google Ads management, SEO, and other vital backend resources, allowing franchisees to focus on service delivery and local sales. Ongoing support from experts assists with grand openings and initial jobs, providing practical guidance during critical startup phases. Furthermore, the company provides a detailed 12-month budget plan to help franchisees manage finances and growth effectively, and utilizes an integrated tech stack to ensure seamless operations from lead generation to job completion. Brandon Vaughn’s company, Conquer, also offers personalized mentorship and training programs, aiming to help business owners systemize and scale, inspiring a balanced entrepreneurial life through systems and coaching, which benefits the Wise Coatings franchise network. Wise Coatings offers wide-open territories across the country, with exclusive territories still available for new franchisees, ensuring market exclusivity. Ideal locations for a Wise Coatings franchise are typically middle to upper-middle-class suburban communities characterized by high homeownership rates exceeding 65% and aging housing stock built 15+ years ago, indicating a strong potential for renovation and upgrade services. These areas should also have median household incomes above $75,000 and sufficient population density to support regular service demands, with areas experiencing residential growth or active HOA communities being particularly attractive markets; a typical territory is described as containing between 175,000 and 225,000 households, providing a substantial customer base.

When evaluating a Wise Coatings franchise investment, prospective owners often scrutinize financial performance representations to gauge potential returns. Item 19 financial performance data is not disclosed in the current Franchise Disclosure Document, which is a key consideration for investors relying solely on official FDD disclosures. However, Wise Coatings does provide financial performance representations (FPRs) in its FDD under Item 19, which includes affiliate performance and sales history with a gross profit model to help prospective franchisees evaluate revenue potential, as reported in various public sources. These reported figures offer insights into the brand's operational effectiveness and revenue-generating capabilities. The average gross revenue reported for Wise Coatings franchises is $498,595, a figure from a relatively early stage of the franchise's establishment in 2020, suggesting strong early-stage performance. Based on these figures, estimated earnings for a Wise Coatings franchise are reported to be between $59,832 and $74,790, providing a tangible projection for owner profitability. Wise Coatings aims for a target profit margin of 20-25%, a healthy range for a service-based business, with Brandon Vaughn, a founder, having previously scaled a service business to nearly $500,000 a month in revenue with profit margins up to 25%, demonstrating a track record of achieving high profitability in similar ventures. The company itself scaled from a single location to eight franchises, generating over $500,000 in monthly revenue back in 2022, and has since grown to pull in $9 million per year, indicating robust corporate growth and a scalable business model. The estimated franchise payback period is between 2.2 and 4.2 years, which is a relatively quick return on investment for a business of this scale, signifying the potential for rapid capital recovery for a Wise Coatings franchise owner. This combination of reported average gross revenue, estimated earnings, and targeted profit margins, even without explicit Item 19 disclosure in the current FDD, points to a strong financial foundation and attractive unit economics for this franchise opportunity.

The growth trajectory of Wise Coatings demonstrates a dynamic expansion within the specialized floor coatings market, underscoring its competitive positioning as a leading franchise opportunity. Since its inception, the company quickly expanded from a single location, showcasing its scalable model. In its early days, Wise Coatings grew to eight franchises across the USA in just over a year, and has since expanded to over 20 partners, indicating consistent growth. As of November 2024, Wise Coatings reported 25 franchises across 19 states, with additional locations in development, reflecting broad geographic penetration. Another report from 2024 indicates a total of 27 units, with 11 new units opened in 2024, highlighting recent accelerated expansion. A July 2024 source states an even higher figure, reporting 75 locations with over 30 more in development, suggesting a substantial pipeline for future growth. Earlier data from 2020 showed 1 US franchise and 2 operating units, providing a clear benchmark for its rapid climb in unit count. The company maintains ambitious growth plans, aiming to reach 50 franchises by the end of 2024, a testament to its confidence in the market and its operational model. The competitive moat for Wise Coatings is built upon several pillars: its specialization in premium residential and commercial floor coating solutions using durable and aesthetically pleasing epoxy and polyurea coatings, which caters to a high-demand segment. The business model is described as turnkey, with simple operations, low overhead, and high margins, providing a structural advantage. Furthermore, the extensive back-end support from the home office, covering marketing, lead generation, call answering, appointment setting, and business coaching, significantly enhances franchisee operational efficiency. The availability of comprehensive training libraries for technician onboarding and sales techniques, along with ongoing expert support for grand openings and initial jobs, ensures consistent service quality across the Wise Coatings franchise network. The offering of exclusive territories, typically between 175,000 and 225,000 households, provides franchisees with a protected market. The strong FPI Score of 66 (Strong) further validates its robust operational and financial health. The brand is effectively adapting to current market conditions by capitalizing on the booming home improvement industry, the rising demand for durable and low-maintenance flooring, and the increasing preference for aesthetic decorative coatings, while also embracing technological advancements like eco-friendly and low-VOC epoxy coatings.

The ideal Wise Coatings franchise candidate is an entrepreneur seeking a proven business model within the thriving home services sector, demonstrating a commitment to professional operations and customer-first experiences. While specific prior industry experience is not explicitly stated as a prerequisite, the comprehensive training program and extensive support structure suggest that individuals with strong business acumen, management skills, and a drive to scale will thrive. The brand's rapid growth and expansion to over 20 partners, with ambitious plans to reach 50 franchises by the end of 2024, indicate a strong potential and expectation for multi-unit ownership within the Wise Coatings franchise system. The company actively offers wide-open territories across the country, with exclusive territories still available for new franchisees, providing ample opportunity for expansion. Ideal markets for a Wise Coatings franchise are typically middle to upper-middle-class suburban communities, characterized by high homeownership rates exceeding 65% and aging housing stock built 15+ years ago, which naturally drives demand for renovation and upgrades. These areas should also possess median household incomes above $75,000 and sufficient population density to support regular service demands, ensuring a robust customer base. Furthermore, areas experiencing residential growth or with active HOA communities are particularly attractive markets, signaling ongoing demand. A typical territory is described as containing between 175,000 and 225,000 households, offering a substantial geographical and demographic scope for a Wise Coatings franchise owner to build a successful business. The week of hands-on training in Orlando, Florida, provides a clear initial timeline for operational readiness, covering technical, business, financial, and growth strategies, preparing franchisees for a prompt market entry.

For investors evaluating a franchise opportunity in the burgeoning home services sector, Wise Coatings presents a compelling investment thesis, combining a specialized service with a scalable business model. The brand capitalizes on secular tailwinds within the global floor coatings market, projected to reach $4.7 billion USD by 2027, and the epoxy floor coating market, expected to hit $7.5 billion USD by 2035, driven by homeowner investment, industrial demand for durability, and aesthetic preferences. With reported average gross revenues of $498,595 and estimated earnings between $59,832 and $74,790, coupled with a target profit margin of 20-25%, the unit economics suggest strong profitability potential and a relatively quick estimated payback period of 2.2 to 4.2 years. The comprehensive training, extensive back-end support covering marketing, lead generation, and business coaching, and the provision of exclusive territories, mitigate common entrepreneurial risks and position the Wise Coatings franchise for sustained growth. PeerSense provides exclusive due diligence data including SBA lending history, FPI score, location maps with Google ratings, FDD financial data, and side-by-side comparison tools, offering an unparalleled level of independent analysis. Explore the complete Wise Coatings franchise profile on PeerSense to access the full suite of independent franchise intelligence data.

FPI Score

66/100

SBA Default Rate

0.0%

Active Lenders

4

Key Highlights

Low SBA default rate (0.0%)

Data Insights

Key performance metrics for Wise Coatings based on SBA lending data

SBA Default Rate

0.0%

0 of 7 loans charged off

SBA Loan Volume

7 loans

Across 4 lenders

Lender Diversity

4 lenders

Avg 1.8 loans per lender

Investment Tier

Mid-range investment

$72,000 – $185,500 total

Payment Estimator

Loan Amount$58K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$745

Principal & Interest only

Locations

Wise Coatingsunit breakdown

Total Units
N/A
Franchisee Owned
System Owned
Closed

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2 FDDs Available for Wise Coatings

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Wise Coatings