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.

Today, in 5 minutes or less:

✔ Franchise with Median sales of $4.9M (Top Franchisee did $33Million!)*

✔ High Cash Flow Resale with $914k in Annual Revenue

✔ If you are ready to quit your job, check this out…

✔ Increase Your Income, Impact, and Change The World | Podcast with Bedros Keuilian

*Numbers according to their FDD released on May 6, 2024.

Big Update for Franchise Buyers!

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 now offer complimentary access 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. 

This is exclusively available for franchise buyers that want to work with our team in a brokerage capacity to find, vet and launch a money making franchise.

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

Franchise resales possess many benefits for aspiring business owners – established cash flow, experienced employees, systems in place, and brand awareness to name a few. 

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.

• Started in 2003

• Asking price of $550,000

• Rolling 12 months revenue of $914k

• Cash flow – Available upon request

• 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.
• 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 CertaPro franchise system boasts a strong Item 19. . Average All (1 year+) = $2,086,740 (2024 Franchise Disclosure Document)
• The #1 goal of CertaPro Painters is to help our franchisees grow big, profitable businesses.

Jerry has been in an operations role for 25 years. He started in the mail room and worked his way up. He knew that he could work that hard on his own business and was ready to quit once he found the right fit. He wanted something with no lease, had blue collar employees and allowed him to build a team. He also wanted a franchise that had room to grow. He ended up buying 5 territories of a very proven service based franchise business. He was impressed with their marketing and advertising and knew he could be successful in that specific niche.

Congratulations Jerry!!

• Started in 1961 in Kansas City

• Been operating franchises since 2001

• No parent companies or predecessors 

• Corporate Owned Territories: 3

• Franchise Units: 91

• Franchise Fee: $70,000

• Royalty: 5%

• National Marketing Fee: 1% 

• Total Investment Range: $173,620 – $372,000

• Term: 10 years
  **Numbers according to their FDD released on May 6, 2024.

City Wide offers commercial janitorial services, carpet cleaning, window washing, and maintenance services for commercial and retail buildings. As the owner, you’ll start your day by reviewing the previous day’s performance and preparing for your morning meetings with your staff. As you lead your team, you’ll be responsible for managing inventory, analyzing data, and problem-solving to ensure that each client’s facilities are running smoothly.

Below tables taken from the City Wide 2024 Franchise Disclosure Document – Item 19, page 48.

Introduction to Table No. 1

The figures below in Table No. 1 represent the average Gross Sales (“Average Gross Sales”) generated by the sale of CITY WIDE services made by the franchisees that satisfied the Average Gross Sales Reporting Criteria (defined below) during the twelve month periods ending December 31, 2022, and December 31, 2023.

TABLE NO. 1

AVERAGE GROSS SALES FOR 2022 AND 2023

TABLE NO. 2

FIRST QUARTILE

Table No. 2(a)

Monthly Gross Sales and Net Royalties in Specific Time Frames at December 31, 2023

Benefits for the Franchisee:

• Proven Business Model – City Wide has been successful for over 60 years in the industry. This gives franchisees the confidence to invest in a brand that has a proven track record and long standing history.
• Strong Support System – You’ll have a strong support system, including training, marketing, and ongoing support.
• Multiple Revenue Streams – With more than 20 different services to open doors and generate income from, City Wide is the ultimate flywheel business.
• National Accounts – Most markets in the US have existing national accounts that are being run by corporate if there is no franchise in that market. They are immediately awarded to any new franchisee who takes over these markets.
• Extremely High Gross Sales – The majority of franchisees are lucky to get to over 1 million in gross sales but not for City Wide franchisees. The average revenue is right around 8 million.

Episode #97: Increase Your Income, Impact, and Change The World | Podcast with Bedros Keuilian

A little over a year ago I asked Bedros Keuilian to be on my podcast and here we are.

I’ve been a fan of Bedros for a long time, invested in his coaching, and have looked up to the empire he’s built.

So it was an honor to sit down with him and chat about his journey as an entrepreneur.

Whether you’re a seasoned business owner or new to entrepreneurship, this episode has something for everyone.

So sit back, relax, and enjoy the show.

Watch on YouTube

Listen on Podcast Platforms

That’s a wrap for this week’s Franchise Empire newsletter. 

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

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