Established Painting Company For Sale
Asking Price: | $475,000 |
Gross Revenue: | $1,300,000 |
Cash Flow: | $159,000 |
This business is part of the largest and most successful franchise system in the painting industry. The franchisor was started in 1991 and now has over 500 locations in the US and Canada. The industry’s market potential is built upon the aging of the housing stock in North America and the need to paint it every three to seven years along with the well known fact that most homeowners have little interest in DIY painting.
Revenue is generated from both B2B and B2C clientele (Resident, Commercial, Interior, and Exterior). The franchise has excellent support and training in place for all franchisees. They have spent decades focusing on customer service with a special attention to professionalism which has long been rare in the painting industry. This approach has allowed them to acquire numerous national accounts and build a commercial business that accounted for 42% of system business in 2023. In fact their National Accounts team negotiates contracts with major accounts to do their commercial painting, and this work is typically performed by our franchisees. The 2023 Franchise Disclosure Document shows an extremely attractive EBITDA for the system as a whole.
As an owner, you will never be expected to pick up a brush. The majority of owners are former business executives who see the potential in a service business which can be home based, has limited overhead and can often uses highly vetted subcontractors to control labor costs.
In summary this business has:
• A 60 billion dollar marketplace
• Extremely attractive system financial performance
• National accounts and national advertising on TV, radio and digital
• Ongoing training and support
• Low Overhead
• Very scalable
• B2B and B2C customers
• A simple business model
The market is huge. All structures commercial and residential need periodic painting and maintenance. Competition is generally smaller independent sole proprietors who do not have the marketing power and expertise of this established franchisor
This business is located in a high income densely populated area with ample opportunity for growth in both the residential and commercial sectors.
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