Detail information about the listing

 

Teaberry Painting is a full-service paint contracting organization engaging both the residential and commercial repaint markets. Our name and operations are well-established in the Colorado Front Range area, and This is a great opportunity for anyone wanting to acquire a solid operation in this market.

 

Painting is a multi-billion dollar essential service industry which offers excellent gross margin, good cash flow, sustained demand, and scalability with little-to-no investment in inventory.

 

Despite these qualities, the industry is resistant to large corporation domination. The lack of dominators and small disjointed competitors creates tremendous opportunities for entrepreneurs looking for growth.

 

Rather than new construction, Teaberry targets existing homes, townhomes, and light commercial work which offers better margins, faster payment, and lower receivables in a diversifiable revenue base.

 

Business operations are more accurately described as a mobile-based. All business operations can be done in the field from a vehicle, and usually are. Contracts, work orders, paint orders, invoices, and bills are all exchanged electronically. Crews can move efficiently from one job to the next with minimum down time, generating maximum per-man-hour revenue. This design offers maximum flexibility and efficiency with minimal overhead.

 

There are several Denver area, corporately-owned operating territories available for sale, ranging in annual sales from the tens of thousands to the hundreds of thousands.  Each area is correspondingly priced, ranging from  50,000 to  395,000, subject to change based on current sales, but will be locked in at time of contracting. Additionally, there several established but unoperated territories from Ft. Collins to Colorado Springs. There is no purchase price for one of these territories but entry into the franchise system is still required. A buyer of any territory will be required to enter into the Teaberry Painting franchise system, which has a separate contractual agreement and a franchise fee of  49,500. Buyers will be provided a copy of the Franchise Disclosure Document (FDD) and agreement in advance of any purchase.

 

Teaberry Painting offers a custom-built software operating platform that offers capabilities found nowhere else in the industry. Utilizing a proprietary smart-object system, it provides power, speed, and addresses all functional aspects of production operations. Further, the system provides internet agility for independent estimation in disconnected locations, estimation feedback for improved front-end accuracy, and business intelligence for overall management. Teaberry’s established workflow processes and passion for innovation are purposed to efficiently drive incoming sales to bottom line profits.

Additional Details

  • State:CO
  • Asking Price:$80,000
  • Cash Flow:N/A
  • Established:2006
  • Support & Training:Available territories offer a range of growth options for an interested buyer, from unoperated to recently opened to well-established.
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  • Reason For Leaving:An extensive Operations Manual, a well-documented software operating system, and a week-long training seminar covering such topics as:• The PUPS software operating system• Estimation• Contracting• Sales• ProductionThere are also one-on-one training sessions, guidance and support setting up all software integrations, on-site visitation, and ongoing mentoring.
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