Business Description

This is a great opportunity for an investor to get into an established business that operates in the fast-growing Paint Protective Film (PPF) installation industry. This business is a franchise serving the booming Austin market which is experiencing a lot of growth in high-value cars such as luxury and electric vehicles where these car owners elect to protect their cars with durable protection such as PPF.

This business was taken over from the franchisor in December 2023 when it was an underperforming business. Since then, the current owner has transformed the business from losing money to now having a run-rate EBITDA of $128k/year on revenue of $781k. The owner is present at the business several days of the week. However, the business could operate with the existing staff with the new owner providing check-ins as well as the usual administrative/strategy support.

The service that the business currently provides is the installation of clear PPF, colored PPF, ceramic coating and window tint. Most of the installations are primarily aligned with one auto manufacturer (Tesla) whereby the business is well known and referred to by people related to Tesla.

This business is well positioned to continue to grow as the number of Tesla vehicles continue to grow in the Austin market plus the business is seeing growth in other high-end vehicles as the advertising expands to other manufacturers. Given this prospect for growth, the business being semi-passive and having a great margin, this is a great investment for someone at a purchase price of $400k.