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- RE: Painting Franchise Resale With 15k Savings
- Contact: Pete Rodriguez
Quick Facts
Asking Price: | $40,000 | |
Annual Revenue: | Not Disclosed | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2019 | |
Employees: | Not Disclosed | |
BBN Listing #: | 106862804 | |
Broker Reference #: | 041621-917906 |
Business Overview:
The total investment necessary to begin operation of a new territory in this franchise ranges from $66,150 to $96,250. This owner put in two solid years of work to build the brand of the franchise locally, but ended up moving out of state. Revenues ramped up quick to about $200k in the first year, then COVID hit. The seller then moved and ceased the business in Illinois as of August 2021 but continues to pay franchise fees to keep the affluent territory active within the franchise system. Get into a painting franchise territory for a significantly reduced price. The owner is willing to include the $15k transfer fee in her listing price! The current franchise fee is $55k so you're immediately saving $15k on the asking price of this territory. It's a win for someone that wants to put the work and effort into this type of service based business. There are franchisees in the area doing over $1M in gross sales. Call today for more details and an NDA to receive the Executive Summary with more details. A decent amount of marketing and networking to spread the brand name has taken place.
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Market Competition and Expansion:
Expansion: Unlimited as you're working with zero again, but within an excellent affluent suburban southside territory.
Reason for Selling:
moved out of state
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Relevant Links:
- View more Illinois businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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