Repair & Restoration Franchise Review
Repair & Restoration Franchise Opportunity - Repair & Restoration Franchise Business for Sale
Protect Painters
Professional 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:
Desired skills of franchisee:
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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