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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.
✔ 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…
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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
Curious to learn more about this particular franchise resale, or other resales available in your area?
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
To see if this franchise is available in your territory
OR
Check the availability of ALL franchises in your area
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.
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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