Large Rochester Painting Business

Description

New painting franchise territory available for a buyer interested in building a residential and commercial service business. This is a new franchise award rather than the resale of an existing operating location.

Investment and buyer requirements

• Total estimated investment: $171,000 to $246,000
• Minimum net worth: $250,000
• Applicants must be U.S. or Canadian citizens
• No prior painting experience required

Actual startup costs, fees and financial requirements should be confirmed in the current Franchise Disclosure Document before making an investment decision.

Services

• Interior painting
• Exterior painting
• Commercial painting
• Specialty painting services

The franchisee manages sales, customer relationships and operations rather than performing painting work personally. Depending on the territory and operating structure, projects may be completed using subcontracted crews instead of employees.

Operating model

No retail storefront or significant inventory is required. The model is designed to keep fixed overhead relatively limited while allowing additional crews and projects to be added as sales increase.

The business is primarily operated Monday through Friday, although actual schedules will depend on customers, crews and individual projects.

Training and franchise support

• Two weeks of initial training
• Ongoing operating support
• National advertising
• National account opportunities
• Established estimating and management systems
• Relationships with Sherwin-Williams and Benjamin Moore

The franchisor also provides marketing resources aimed at residential and commercial customers. The listing states that cold calling is not part of the standard customer-acquisition model.

Customer mix

The seller states that approximately 38% of current system revenue comes from commercial work and reports a 98% customer referral rate. Buyers should confirm exactly how these figures are defined and whether they represent system-wide results rather than results expected from a new territory.

Territory development

This opportunity is intended for a new franchisee developing the brand in an available market. Because there is no existing operating business being transferred, the buyer should expect to build the local customer base, contractor network and revenue after opening.

Franchise review

No earnings are guaranteed. Historical results from other franchisees or the broader franchise system should not be treated as a forecast for a new location.

Before proceeding, buyers should review the current Franchise Disclosure Document, initial and ongoing fees, territory boundaries, advertising obligations, subcontractor requirements, insurance, required software, renewal terms and termination provisions with appropriate legal and financial advisers.