Hey Empire Builders,
Welcome to this week’s Franchise Empire Newsletter, where we share specific franchise opportunities that we think are interesting, and examples of everyday folks building their empires.
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Today, in 5 minutes or less:
âś” $2.2M in average sales with very strong franchise brand*
âś” Resale showing $1.7M in last 12 month sales
âś” How a couple bought a resale doing $2M in sales
âś” Senior Care Franchise with $10M in Gross sales, & Resale for less than $200k
*Average revenue for franchisees in production for 25 months or more per 2024 FDD
For those of you who are struggling to find the right franchise, or maybe you’ve worked with a broker or consultant and haven’t had success…
We offer a two week trial in our proprietary Zero to Profitable Franchise™ system to help you get access to the most proven franchises and reduce your risk, so that you can buy a money making franchise with confidence and PROTECT YOUR ASSETS.Â
We help you with 3 things:
- Finding a quality franchise that aligns with your skills, budget and is available in your area.
- Due diligence to reduce your risk and protect your assets.
- Getting launched so you can get off to a fast start.
What’s the catch?Â
We don’t work with everyone, and you need to qualify.
The good news?
You can schedule a free consultation with our team to see if you qualify, and if we are the right fit to work with each other.
You can do that here https://www.franchiseempire.com/ztpf
Join Our Franchise Buyers Beta Course for
Aspiring Franchise Owners
FEATURED RESALE
Franchise resales possess many benefits for aspiring business owners – established cash flow, experienced employees, systems in place, and brand awareness to name a few.Â
This week, our featured resale comes from CertaPro Painters. Established in 1992, CertaPro has nearly 500 franchise units throughout the United States and Canada. They are the largest residential and commercial painting franchise in North America. Entrepreneur Magazine ranks the franchise #1 overall in the home services industry.
CertaPro Painters - Northern, Virginia:
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Started in 2003
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Loudon & Northern Fairfax, VA
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Asking price of $675,000
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Last 12 months revenue of $1.7M
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Cash flow – Available upon request
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Assets and team information provided upon request
Franchise Empire’s Take:
- No experience needed in painting or home improvement—this opportunity is about leading a team. Get support every step of the way with field and online training, technology resources and turnkey marketing campaigns.
- The CertaPro franchise system boasts a strong Item 19. Upon review, this particular resale has been around a long time. The Northern VA area is a very affluent area, with a lot of opportunity.
- CertaPro is one of the strongest home services franchises in the industry. They have a strong, hands-on training (five weeks) and support program for their zees, leading to a 90%+ retention rate amongst their network over the past 3 years.
- The #1 goal of CertaPro Painters is to help franchisees grow big, profitable businesses.
Curious to learn more about this particular franchise resale, or other resales available in your area?
🎉New Franchise Owner through Franchise Empire 🎉
Liz and Dean are a young couple, with no kids- and motivated to work really hard to build something epic.
Dean co-owned a few Jersey Mike locations and was still working in the day to day, and Liz wanted to leave that job and start her own franchiseÂ
Since they already had a lot of knowledge about franchises, having co-owned one, they knew what they liked and what they didn’t like about JM. Liz is also an introvert and doesn’t like doing sales.Â
They had worked with 3 different Franchise Brokers (aka Franchise Consultants) over the last 12-18 months, and were feeling frustrated, skeptical, guarded, and were running out of patience.
They took a leap of faith and joined our Zero to Profitable Franchise™ acquisition system.Â
Within a few weeks, our team found them a quality resale doing $2M in annual sales. We coached them through due diligence, and the overall transaction. They were able to put some money down and finance the rest through an SBA loan.
Dean sold his shares in Jersey Mike and is Full Time in the Certa Pro business.
Congratulations Dean and Liz!
We did a podcast episode with them where they dove deeper into their journey and acquisition process. You can watch that episode here.
Here are 5 Low Cost Franchises that make
$1,000,000 (Backed by Data)
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FRANCHISE OF THE WEEK
History:
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Established in 1971 in Ontario, Canada
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Went through a few name changes – used to be called College Pro’s and locations were entirely run by college students or college age individuals with assistance from College Pro.
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In 1991, expanded to full-service and changed names to CertaPro Painters and started franchising
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Parent company is FS Brands
Numbers:
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Corporate Owned Territories: 2
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Franchise Units: 324
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Franchise Fee: $65,000
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Royalty: 6%
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National Marketing Fee: 2-3%
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Total Investment Range: $171,000 – $246,000
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Term: 10 years
**Numbers according to their FDD released on March 25, 2024.
Description:
CertaPro Painters® is the largest residential and commercial painting company in North America. They offer interior and exterior painting along with many other services including brick painting and limewashing, cabinet refinishing and repainting, concrete staining and epoxy finish, crown molding, drywall repair, power washing, siding painting, wallpaper removal and light carpentry and repairs.
Financial Data:
Below tables taken from the CertaPro Painters 2024 Franchise Disclosure Document – Item 19, page 34.
AVERAGE REVENUE FOR FRANCHISEES
IN PRODUCTION FOR 12 AND 24 MONTHS
AVERAGE REVENUE FOR FRANCHISEES
IN PRODUCTION FOR 25 MONTHS OR MORE
Benefits for the Franchisee:
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National Brand Recognition – CertaPro has been around for over 30 years and is the most well-known brand name in the painting industry.
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Low Overhead/Quick Ramp Up – You do not need to have a physical office nor do you need to have a lot of inventory. You can get up and running within weeks of signing your franchise agreement.
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Resale Opportunities – With a brand that has been around for years in a stable industry, we often see really strong resale opportunities with CertaPro that give the new owners a six figure income on day 1 of taking over the business.
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Lead Generation – You’ll get assistance with pay per click advertising campaigns from corporate allowing you to hit the ground running. No cold calling necessary.
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Stable Industry – The paint industry is a $60 Billion Dollar industry. Painting will always be needed and it’s not something a lot of people like to DIY. Cannot be replaced by technology or AI.
To see if this franchise is available in your territory
OR
Check the availability of ALL franchises in your area
Episode #83: This Franchise Is ALREADY Making Money
In this episode we break down a few great franchise opportunities.
NOTE: All numbers in this video are pulled directly from the FDD provided by the franchisor OR numbers listed by the resale franchise.
We talk about a senior care franchise raking in millions in sales each year, plus an amazing low-cost franchise opportunity, we even break down why this ONE franchise is seeing such extreme success so rapidly.
If you’re looking for the right franchise opportunity, this is the perfect episode for you.
So sit back, relax, and enjoy the episode.
That’s a wrap for this week’s Franchise Empire newsletter.Â
Feel free to reply with any questions, or feedback. I appreciate and value your time and attention.
I’ll see you at the same time next week!
-Tariq and The Franchise Empire Team