This is a Fresh Coat Franchise that was operating at about $300,000 a year almost absentee and with no adverting that is up for sale at the same price as the original Franchise fee. This is a fantastic business model that comes with corporate training, web site, and all the tools for estimating and making sure a buyer will be successful you do not need any experience. The business can be run from home or a small office and does not require a yard or lots of employees. Most painters are subcontractors as well as the estimators or salespeople that go and get the jobs can be part-time or full time or if the owner likes this type of work they can do it themselves. The seller or holder of the franchise will pay the handover fee of $12,500 so that the buyer can go to the franchise school and receive a total education in the retail painting business as well as an insight into the commercial side of the painting industry. The seller is currently not operating at this time as he has a sick mother in another State that he must look after. The territory is Central Florido or anywhere that is an area that is not being operated by an active Franchisee.
Financing is readily available including working capital to a buyer with good credit and can possibly be 100 %.
This is not a rinkey dink franchise but a franchise that is well run, organized and supports your business with every tool and marketing avenue possible to make you a successful business person.
This franchise is ideal for an E-2 or L-1 applicant.
It can be run by anyone, man or woman and you do not have to be a painter or do any painting, you do not have to be a super sale person or even go to see the customer if you do not want too, estimators and painters are available on a contract basis if you just want to be an overseer or total business person!.
Retail is by far the best side of the business as you get paid up front and when the job is done. The commercial side is very good but you need more working capital but financing is readily available.
About the Business
Number of Employees:
This business can be run from home or a small office.
Nobody but nobody can match this business model in quality, marketing, estimating and controlling this segment of the painting industry at the retail level
Seller has family health problems out of State & cannot run the business in FL.
Training at the franchise school is first class and comes with all of the software/ advertising, web site and everything a business could possibly require to be successful.
Financing is running from 10% down to 100% Depending on credit score
Ad Detail Views:
Asking Price: $45,000 Gross Revenue: $300,000Cash Flow: $120,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Fresh Coat painting Franchise Florida with 100 % Financing possible ?
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