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Repair & Restoration Franchise Review

Repair & Restoration Franchise Opportunity - Repair & Restoration Franchise Business for Sale

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Repair & Restorations

Protect Painters

protectpainters1_0409.JPGProfessional exterior/interior painting franchise that focuses on quality, service and value in a fragmented industry dominated by unreliable independents. Franchisee will own and manage the business; sub-contractor painting crews will do the work. The service is in high demand even when the economy is down, and it meets all of your key model criteria: franchisee will be able to build an equity business that is scalable, and achieve the lifestyle goals that they’ve set. Owner will join a team of professionals who care about one another, and who are passionate about their work.

Features of Business:

  • Huge market - $30 Billion plus spent annually
  • High demand - easy to find customers with very high referral rates
  • Recession resistant: Necessary spending rather than discretionary spending
  • Affordable investment level
  • Strong income potential
  • Flexible schedule: family-friendly freedom
  • Minimal inventory
  • Few or NO employees
  • Cash business: limited accounts receivable
  • Limited competition: fragmented market
  • Affordable investment (~ $100,000)

    • Desired skills of franchisee:

  • Management background, strong interpersonal and communication skills; the ability to connect with people.
  • Energetic self-starter willing to dedicate full-time best efforts to the business.
  • Customer service and detail oriented.
  • Ready to manage and lead people.
  • Do not paint. Hire sub-contractors to perform actual work.

    • Background

    Established: 1994
    1st Franchised: 1995
    Franchised Units: 14 US
    Company Owned Units: 0
    Projected New Units (12 Months): 20
    Registered: all 50 states
    Availability in Canada: No
    States, from which Broker Referrals are being accepted: All 50

    Financial / Terms (Single Units)

    Liquid Capital: $30,000
    Total Investment: $97,000 (includes working capital)
    Minimum Net Worth: $250,000
    Franchise Fee: $35,000
    Vet Fran: $2,500 off franchise fee
    Royalty: 7% of Gross Sales
    Ad Fund: 2% of Gross Sales
    Sales and Technology Fund (24/7 call center/website/intranet/software/accounting software, etc.): 3% of Gross Sales
    Average # of Employees: 0; we use sub-contractors
    Passive Ownership Allowed: No
    Earnings Claims: Yes - Item 19 FPR reports: 2008 Average Net Sales of franchises open at least 2 years is $450,926 with the largest franchise generating more than $839,000. Item 19 FPR reports the average revenue per job in 2008 was $3,756.

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