Requirements | Paint Washout Systems

MEETING THE CHALLENGE

To help you better understand our license opportunity, we have listed the main criteria and steps required to be considered. Our licensees have to meet certain financial marks to ensure they have the financial wherewithal to develop and operate a specific market. All licensees must purchase our patent pending PWS boxes only from our authorized manufacturers.

Although this is a similar business to a franchise, there are distinct differences, both from a legal standpoint and how the business is operated. There are no start up fees, monthly fee based on a percentage of your gross revenue or marketing fee, as is common with most if not all franchises. We require a small license fee for use of our patent pending systems, our know-how, proprietary information and support. Each partner is required to purchase all of their own equipment such as is indicated below.

Financial Requirements
Net Worth:	$500,000
Cash (liquid):	$150,000
Cash or financing (minus cash on hand):	$350,000
License Fee:	$10 month/per container

Investment	Low	High
Operating Equipment PWS boxes, (1) flat bed trucks, vacuum trailer/truck, pressure washer, etc.	150,000	350,000
Office Equipment Computers, dispatching and invoicing software, phones, internet, furniture, etc.	10,000	15,000
Marketing / Promotional Materials Signage, sales and marketing literature, business forms, apparel, etc.	3,000	7,500
Property and Improvements Land lease, building and other improvements	5,000	15,000
Professional Services Accounting, legal, permits, licenses, etc.	3,500	10,000
Total	171,500	397,500

Administrative

The licensee must have considerable knowledge of the market proposed for development and be willing to commit their full time best efforts into meeting their obligations under the terms of the license agreement.

If you meet the minimum requirements, please begin by reviewing and completing the following:

Non Disclosure Agreement
PWS Application and Business Development Plan

Each partner or principle must complete the application and include a resume.

Complete business plan and financial forecasts.

Complete set of corporate financial statements if existing company.

Verification of sufficient capital to warrant the development of a market.

Evidence of meeting the minimum net worth requirement.

Once we have received the above information, we can move forward to the next steps of licensing you or your company. While we realize there are some questions you will not be able to answer at this time, the information will give us an insight into your plans, ability, and expectations in becoming a PWS Licensed Partner.