- BizOp or Franchise: Franchise
- Name: CertaPro Painters
- Category: Home Improvement
- Subcategory: Painting
- Net Worth Requirement: $200,000 USD
- Home-based: No
- Veteran discount: Yes
Overall Rating (95 out of 100)
WHAT IS THE PRODUCT OR SERVICE THEY OFFER THE CONSUMER?
Incorporated in the United States in 1991 in the category of residential and commercial property painting, CertaPro Painters has become the largest nationwide painting company with over 480 franchise locations in the US and Canada. The company’s market potential is built upon the aging of the housing stock of North America and the need to paint it every three to seven years. CertaPro Painters is a subsidiary of First Service Brands, which also owns other home/commercial service brands such as California Closets, Paul Davis Restoration, Pillar to Post, and Floor Coverings International.
Dull/Normal – not rocket science and not going away
- Very fragmented and weak competition
They are the 800 pound gorilla with no close second
They have doubled in size in the past 5 years and plan to do so again in the next 5.
Their franchisees are positive, profitable, and great validators.
WHAT DO THEY OFFER THE BUSINESS OWNER?
Support & Training Provided
Financial Assistance Provided: Yes
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Co-operative Advertising: In specific major markets
Training and support program details: 3 weeks classroom; field support ongoing
Average number of employees required: 1-3 with subs
WHO ARE THEY LOOKING FOR?
- proven track record of success in sales, marketing, or project management.
- assertive leader
- desire to build something big
Franchise Fee: Single: $57,500
Total investment range: $134,000 – $169,500
Cash Investment: $80,000
Net worth requirement: $200,000
VetFran program: YES – 10% off franchise fee
FRANCHISEE SATISFACTION REPORT
Franchise Business Review knows how important it is to get feedback from franchisees. To expedite this process, FBR conducted an independent survey of CertaPro Painters® franchisees on their satisfaction.
All active franchisees were invited to participate in the survey. 226 franchise owners elected to participate (68%). The survey was completed in January 2017 and you can see the results below of the overall report.
For more information, please don’t hesitate to contact me.