Large Springfield Painting Business For Sale

Description

Painting franchise opportunity for a new territory. This is not the resale of an existing operating business.

The franchise provides residential and commercial painting services. The owner’s role is primarily sales, scheduling, customer service and managing projects rather than performing painting work personally.

Services

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

No storefront or large inventory is required. Depending on the territory and local rules, projects may be completed using subcontractors rather than a full in-house painting crew.

The franchisor provides two weeks of initial training along with ongoing operating and marketing support. National advertising and national account programs are also part of the franchise system.

The listing states that approximately 38% of system revenue comes from commercial work and reports a 98% customer referral rate. Buyers should confirm how these figures are calculated in the current Franchise Disclosure Document.

The franchise also has relationships with Sherwin-Williams and Benjamin Moore. Buyers should review current supplier terms and any purchasing requirements associated with these relationships.

The business is generally operated during weekday hours, although project schedules, estimates and customer needs may occasionally require evening or weekend work.

This is a new franchise territory, so the buyer should not assume that existing customers, revenue or cash flow are included with the purchase.

Buyers should review the current Franchise Disclosure Document and confirm the total initial investment, franchise fee, royalties, advertising charges, territory boundaries, working capital requirements, national account terms, subcontractor policies and renewal provisions.

Painting and contracting requirements vary by location. Buyers should also confirm any contractor licenses, registrations, insurance, permits and subcontractor rules that apply in the selected territory.