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Before opening

CertaPro Painters

Table of Content
1. Franchise Snapshot
2. Franchise Overview
3. Performance and Metrics
4. Our take
5. Additional Resources

1. Franchise Snapshot

Why this franchise?
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Franchise Status
Active
Basic Information
Industry
Home & Building Services
Category
Other
Investment Range
$171,000 - $246,000
Total US Locations
326
Franchise Units
324
Founding Year
1991
Started Offering Franchises
1992
Management Capacity
Owner Operator
Job Count
7
Prior E2 Investors?
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Prior Visa Franchise Clients?
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Royalty Fee
5%
Marketing Fee
3%
Franchise Fee
$65,000
Headquarters (City, State)
Audubon, PA
Square Footage
N/A - N/A
Retail Location?
No
Agreement Term Length
10 Years
Video

In these videos you will learn about the company firsthand. And they will also tell you in a short form about the financing of the enterprise.

2. Franchise Overview

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Overview

CertaPro Painters is the biggest franchise for painting homes and businesses in North America. They have more than 350 locally owned and run branches in the United States and Canada. CertaPro transforms houses and workplaces, making them look better through their skilled services and a proven way of doing things. This gives customers more time to enjoy their favorite spaces without worries. Their promise is all about Certainty, making sure customers have an easy and stress-free experience improving their property. CertaPro Painters has worked for many years to earn the trust of customers and is now the most recommended painting company in North America.

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Management team / founders

In 1992, CertaPro Painters began with the vision of making residential and commercial painting services easier and more convenient for homeowners and business owners. From the beginning, their promise has been that of certainty, aiming to reassure customers of their quality and expertise. While today they are the largest residential painting contractor in North America, their locally owned and operated franchises take pride in bringing personalized service to customers in every region, allowing them to focus on what matters most.

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Focus of owner for daily business operations

As a CertaPro Painters owner, the main facets of the business entail: 1. Managing day-to-day bookings; 2. Interacting with clients, being the face of the company; 3. Hiring and managing staff; 4. Marketing and advertising locally; 5. Making sure safety standards and protocols are being met

3. Performance & Metrics

Franchisor Fees | Item 6
Franchise Value
Industry Median
All Franchises Median
Royalty Fee
5%
6%
6%
Marketing Fee
Franchise Fee
$65,000
Total Investment Cost | Item 7
Type of Expenditure
Low Amount
High Amount
When due
Initial Franchise Fee
$3,376
$7,749
Due when you sign the Franchise Agreement.
Advertising & Marketing
$3,376
$7,749
Typically within the first 3 months of commencing operations
Commercial Services Fee
$3,376
$7,749
Due when you sign the Franchise Agreement.
Commercial Services Fee
$3,376
$7,749
Before opening.
Equipment
$3,376
$7,749
Before opening
Office Equipment
$3,376
$7,749
Before opening
Vehicle
$3,376
$7,749
Before opening
Contractor License
$3,376
$7,749
Before opening
Computer System and Proprietary Software Solution
$3,376
$3,376
Before training
Travel and Living Expenses While Training
$3,376
$7,749
During training
Real Estate and Improvements
$3,376
$7,749
Within the first 3 months of commencing operations.
Additional Funds (3-6 months of operation)
$3,376
$7,749
As incurred
Total
$3,376
$7,749
$3,376
$7,749
$3,376
$7,749
$3,376
$7,749
$3,376
$7,749
$3,376
$7,749
Outlets and Franchisee Information | Item 20
Outlet type
Year
Outlets at the start of the year
Outlets at the end of the year
Net change
2021
-1
342
341
Franchised
2022
341
341
-6
2023
341
324
-6
2021
1
1
-6
COMPANY-OWNED
2022
1
1
0
2023
1
2
+1
2021
342
342
0
2022
342
331
-11
2023
331
326
-5
Total Outlets
-
-
-
-
-
-
-
-
Net Unit Growth (Recent year)
Net Unit Growth (Recent year)
Franchise Health Metrics
Franchise Value
Growth Rate
1 year / 3 years
Failure Rate
1 year / 3 years
Franchise for Sale Rate
1 year / 3 years
0
0
0
0
0
0
0
0
Franchise Health Metrics
Franchise Historical Loan Metrics
10 Year Cumulative Charge Offs by $ of Loans
0,99%
10 Year Cumulative Defaults
5,71%
3 Year Predicted Default Rate
4,85%
*Please note the information provided here is sourced from Lumos. We do not guarantee its accuracy or completeness. For verification, please refer to Lumos directly.
Item 19 – Financial Performance Representations
Historical financial performance representations
Franchise Financials
Historical financial performance representations
Litigation & Bankruptcies
% of Franchisees Undergoing Litigation
0
% of Franchisees with Completed Litigation
0
Number of Bankruptcies Disclosed
0
*The litigation information displayed has been reviewed by our Product Development team. Franchises featured on this platform have been thoroughly assessed. However, Visa Franchise strongly recommends consulting with your own legal counsel for further guidance.

4. Our Take

*The litigation information displayed has been reviewed by our Product Development team. Franchises featured on this platform have been thoroughly assessed. However, Visa Franchise strongly recommends consulting with your own legal counsel for further guidance.