Listing Number: 041621-917906
Description
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. There are three other franchisees in the Chicagoland area with this brand. MOTIVATED SELLER!!
Listing Details
- Price: $ 40,000
- Down Payment: $30,000
- Sellers Discretionary Earnings: $ 0
- Total Sales: $ 0
- Location: Cook County, Illinois
- Inventory: $ 0
- FF&E: $ 0
- Employees:
- Year Established: 2019
- Reason for Selling: moved out of state
- Category: Construction
