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.

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…

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We help you with 3 things:

1. Finding a quality franchise that aligns with your skills, budget and is available in your area.
2. Due diligence to reduce your risk and protect your assets.
3. Getting launched so you can get off to a fast start.

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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.

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Today, in 5 minutes or less:

✔ Interesting Franchise Shows Sales of $3.1M with $497k in Adjusted Profit

✔ Resale with $1.24M in Last 12 Months Revenue

✔ Former software manager leaves corporate for franchise business

✔ This Low Cost Franchise Averages 7-Figures In Sales**
*According to FDD issued 2024

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 2017
• Asking price of $550,000
• Last 12 months revenue of $1.24m
• Cash flow – Available upon request
• Assets and team information provided 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)

• Charleston’s growing population, robust economy, and high median household income contribute to the demand for quality home services. The city’s mix of historic homes and modern developments offers ample opportunities for residential and commercial painting projects.

• The #1 goal of CertaPro Painters is to help our franchisees grow big, profitable businesses.

Curious to learn more about this particular franchise resale, or other resales available in your area?

Britt was a former software product manager. She was looking for a simple, service-based business model with recurring revenue potential. She also wanted something that had a strong brand presence and marketing. A home service business with recurring revenue and BOLD branding was a perfect fit for Britt, and she felt as though it was a great culture fit as well.

• Originally started in 2017 as a non franchise business.

• They started franchising in 2022

• Corporate Owned Territories: 2

• Franchise Units: 38+ awarded 

• Franchise Fee: $59,500

• Royalty: 6%

• Brand Fund: No brand fund year 1 – 2% year 2+

• Total Investment Range: $218,600 – $305,250

• Required Net Worth $200k

• Required Liquid Capital $75,000
  **Numbers according to their FDD released on April 23, 2024.

Cabinet IQ is a high-tech cabinet and countertop company revolutionizing a sleepy, fragmented, outdated industry. We are the only full-service cabinet and countertop company, bringing a 5-star experience to kitchen and bath remodeling, from design to installation. 

Today, most companies in the home remodeling industry have low-tech systems, outdated showrooms, poor communication, and subpar installation. Cabinet IQ was born to fill that

gap! We do this by focusing on the customer, the nuances of their project, and delivering on the quality we promise.

Owner-operators are hands-on daily in the business and they can choose to focus on either sales and design or operations. 

Ideal Franchise Candidate:

No design or home-service background required! We are looking for individuals with the following characteristics:

-Sales management experience

-Passionate about providing 5-star experience

-Process-oriented

-Ability to lead a team

Below tables taken from the Cabinet IQ  2024 Franchise Disclosure Document – Item 19. 

Table 1 provides Gross Revenues, Gross Profit, Disclosed Expenses, and Adjusted Profit for our Affiliate’s two Businesses located in Cedar Park, Texas and Austin, Texas from January 1, 2023 to December 31, 2023. See Item 1 for more information regarding our Affiliate and these Businesses.

Benefits for the Franchisee:

• Subcontractor Based Business Model– This helps to keep the business simple and the investment lower. No design or home-service background is required, you’ll need 2 employees to start and no equipment or inventory.

• Innovative A.I. Design Technology– First to market design technology to bring the customer’s vision to life with 2D and 3D renderings.

• Corporate Support & Call Center – Outbound call center will assist with lead generation and setting appointments with homeowners, contractors, builders and interior designers. The corporate office team designs the showroom.

To see if this franchise is available in your territory

OR

Check the availability of ALL franchises in your area

Episode #91: This Low Cost Franchise Averages 7-Figures In Sales**

In today’s episode we break down a ton of different franchise opportunities.

** All sales/numbers mentioned in this video are either pulled directly from the FDD provided by the franchisor or from the resale listing

We’re going to cover…

A low-cost franchise that shows an average sales of over $1 million

A resale business out of Maryland that pays the owners $190k

How this couple saved a MILLION dollars by avoiding this common mistake

How much one guy makes from owning 13 juice bar locations

And much, much more.

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

Here are 5 Low Cost Franchises that make
$1,000,000 (Backed by Data)

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