CertaPro Painters are an international painting and decorating business. Via their network of franchised contractors they provide building improvement services to residential and commercial customers. The company claims a 2% share of a US and Canadian painting market that’s worth $60 billion per year.
Founded in Canada in 1992 and with headquarters in Audubon, Pennsylvania, CertaPro have offered franchise opportunities since inception. With a core focus on providing painting services to residential and commercial customers, CertaPro also provide other home and business improvement services – including drywall repairs, brick painting, concrete staining, light carpentry and stucco repairs. The company claims to be the largest residential and commercial painting company in North America, with more than 450 franchise locations across the US and Canada.
CertaPro Painters at a glance:
You’ll need $85k in liquid cash and a net worth of a quarter of a million dollars. You’ll also face a hefty franchise fee and marketing and other admin costs. Other than that, CertaPro say you do not need previous experience in the painting and decorating industry, although a history of running your own business would be helpful. CertaPro expect franchisees to operate their business using self-employed contract labor. You can also appoint a designated manager to oversee daily operations. This makes a CertaPro Painters franchise suitable for passive investment.
Start-up costs for a CertaPro Painters franchise range from $155,000 to $302,000 which ranks as low to moderate. CertaPro services are delivered via mobile painting crews. If you have the space at home for vehicles and materials storage you could run this franchise as a work-from-home opportunity and avoid the extra expense of a commercial office or depot.
The franchise fee is $65,000. Military veterans may be eligible for a 20% discount off this cost.
After opening, you are required to pay an array of ongoing fees and charges. They include:
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Key Costs Guide | Low | High |
---|---|---|
Franchise fee | $65,000 | $65,000 |
Advertising and Marketing | $40,000 | $45,000 |
Commercial services fee | $10,000 | $10,000 |
Miscellaneous operating costs | $2,000 | $5,000 |
Equipment | $1,000 | $3,000 |
Office equipment | $500 | $5,000 |
Vehicle | $2,500 | $10,000 |
Contractor license | $250 | $2,500 |
Technology and software licenses | $9,000 | $11,500 |
Travel and living expenses during training | $2,350 | $5,000 |
Insurance | $5,000 | $7,500 |
Additional costs – first three months | $19,500 | $52,500 |
Yes. Average gross revenue per CertaPro franchise in 2021 was $1,848,000 and typical income for CertaPro franchise owners is $50,000 to $100,000 per year, with some owners collecting $200,000 or more, This ranks as moderate to good.
The failure rate for a CertaPro Painters franchise is 3% in year one rising to 11% by year three. This ranks as moderate to high.
Franchisees receive an exclusive territory with the size and configuration of the territory based on households, income levels and number of residential dwellings. The geographic boundaries of the franchise territory are set by natural and artificial boundaries and town lines. Franchisees may not sell or offer any services outside the boundaries of their territory, except as provided in their franchise agreement. CertaPro Painters will not grant other residential services franchises in the territory without the franchisee’s permission. Franchisees do not receive an exclusive territory to sell commercial painting or decorating services.
CertaPro Painters support for franchisees includes:
A huge market, low to moderate start-up costs and the potential for good annual income make owning a CertaPro franchise a viable opportunity. However, potential franchise owners could face stiff competition for customers – there were many painting and decorating businesses in Canada in 2023 – and they should be aware of CertaPro’s high marketing fees – up to 15.5% in year one and 11.5% thereafter – and a recurring commercial fee of $10,000 per year.
It begins with an application. Start the process today.
Starting a new franchise can be an exciting opportunity, but it’s easy to get lost in a maze of business loan applications that can make funding your new painting and decorating business like too much hard work. Instead, cut out the hassle and cut to the chase. Swoop has the best lenders for the best franchises across Canada. Just tell us what you need and leave the rest to us.
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