Market Leading Painting Company (RA 102)
|Market Leading Painting Company (RA 102)|
A well-established, profitable, Grand Rapids commercial and residential, interior and exterior franchise painting business, with a talented and
energetic general manager. The current owner is not involved in day to day sales or production operations. This is an ideal opportunity for a person
who has always wanted to own his own business and control his own destiny. The acquirer can accelerate growth as owner and CEO in sales or
The franchisor was ranked #1 in franchisee satisfaction in the Franchise Business Review home service category for the past three years. Franchisee
training includes a combination of classroom, video, online and field learning and there is no need for prior painting business experience. Support
for owners and their associates includes national and regional events designed to facilitate peer to peer interaction for franchise owners and team
members. The franchisor maintains a comprehensive data system that enables owners and their team to manage marketing programs, leads,
ales, production, subcontractors and finances.
Commercial and residential painting is a large, vibrant category in West Michigan. It’s one of the fastest and most economical ways to improve
the look and protect the integrity of home and business properties. Established in 2003, this business has strong brand name recognition and
a solid base of past customers in the Grand Rapids area who recommend the company to others and represent recurring business.
Commercial. Take advantage of accelerated growth opportunities on the commercial side of the business. Across North America, most of the owners
of this painting franchise earn more than 20% of their sales from the fast-growing commercial sector with some earning 50% or more. The Company
earned 6% of revenue from the commercial sector in 2016 representing a significant growth opportunity for 2017 and beyond.
Field salesperson. The general manager performs the majority of estimates. A new owner could power additional growth by contributing to the field
sales effort or hiring a field salesman on commission.
Production capacity. Additional sales will be supported and enabled by additional painting sub-contractors. The sub-contractor model is a proven
winner taking advantage of a variable cost, revenue sharing model that motivates top quality and creates consistent gross margin performance.
2016 Revenue: $888,000
2016 SDE: $181,000
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