Business & Franchise Opportunity Portal

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:

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.