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Established North Shore Painting Franchise Territory

Gloucester, MA, USA
Listed 18 days ago

Established residential and commercial painting franchise serving Gloucester, Cape Ann and Massachusetts’ North Shore. The business generated $705,000 in revenue over the last 12 months with Seller’s Discretionary Earnings of $99,040, representing an SDE margin of approximately 14%. This established franchise combines residential and commercial work across an extensive coastal North Shore territory. The operation follows an owner-led sales and management model, allowing the incoming owner to focus on leading operations and developing the customer base rather than carrying out painting work. The business operates with a lean structure comprising one employee, one wrapped company vehicle and an office location. It is backed by a national painting franchise network with more than 300 locations and established marketing systems. The $275,000 asking price includes the operating business and franchise territory and represents approximately 2.8x reported SDE. The current owners are focusing on other businesses they already own and are seeking a new owner-operator to take the territory forward.

Location

The franchise serves Gloucester, Cape Ann and the Massachusetts North Shore, including Gloucester, Rockport, Manchester, Beverly, Marblehead, Salem, Peabody, West Peabody, Danvers, Topsfield, South Hamilton and the wider Cape Ann and North Shore area. The extensive coastal territory supports a mix of residential and commercial painting work across multiple established communities.

Employees

1 employee

Lease Terms

The business operates from an office location.

Real Estate

Lease

Franchise Terms

Established residential and commercial painting franchise territory backed by a national network of more than 300 locations. The $275,000 asking price is for the operating business and territory. Transfer is subject to franchisor approval, and the franchisor does not permit absentee ownership, making this an owner-operator opportunity. The franchise brand is confidential and will be released during the discovery process.

Management Type

This business is owner operated.

Premises Details

The business operates from an office location and follows a lean operating model supported by one employee and one wrapped company vehicle.

Support & Training

The business is backed by a national painting franchise network with more than 300 locations and established marketing systems. Franchise transfer is subject to franchisor approval, with the brand identity and full business information available during the discovery process.

Expansion Potential

The broad service territory, established mix of residential and commercial work and national franchise marketing systems provide an incoming owner-operator with an existing platform for developing sales across multiple North Shore communities.

Competition / Market

The business has an established presence across Gloucester, Cape Ann and the North Shore, serving both residential and commercial customers and benefiting from the marketing systems of a national franchise network with more than 300 locations.

Franchise Opportunity

Franchise Resale

Reason for Selling

Focusing on other businesses already owned.

Financials

Asking Price
$275K
RevenueMost Recent Year
$705K
Earnings (SDE)Last Reported
$99K
Assets Value
Undisclosed
Seller Financing
Not available

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