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№ 01Buying & Selling a Business · Franchise Resale · Ontario

Buying a CertaPro Painters franchise

CertaPro Painters units run on a production calendar as much as a P&L — crews, subcontracted painting teams, and preferred-supplier paint accounts all have to keep moving through a resale without missing the busy season. Alongside the franchisor's consent process, a buyer's diligence usually focuses on how much of the business is subcontracted labour, how the paint-supplier account is structured, and whether the current production schedule survives the change of ownership intact.

№ 01.1The Resale, End to End

From offer to ownership

CertaPro Painters resales follow the franchisor's own approval process on top of the usual purchase mechanics — here's how the two run together.

Getting approved

01

Conditional offer

The offer is conditioned on franchisor consent, a review of the current production schedule and estimator pipeline, and confirmation of the unit's subcontracted-crew and supplier arrangements.

1–3 weeks
02

Franchisor application & consent

The franchisor reviews the incoming owner's background and financial standing, and typically holds a right of first refusal it can exercise before the transfer proceeds.

3–6 weeks
03

Disclosure considerations

A resale still sits inside the Arthur Wishart Act framework — Ontario courts read the resale exemption narrowly, so we confirm early whether disclosure applies to your specific transfer rather than assuming it doesn't.

runs alongside consent

Getting to closing

04

Premises assignment

Most units operate from a small office or storage space for equipment and materials rather than a public storefront; landlord consent to assign is confirmed where a lease is involved.

2–4 weeks
05

Training, crews & supplier handover

Franchisor operational training runs alongside confirming which painting crews and subcontractors continue with the new owner, and re-establishing the unit's preferred-supplier paint account under the buyer's name.

2–4 weeks
06

Closing

Funds, the franchise agreement, and the current job pipeline change hands together, with deposits already collected on booked jobs allocated between seller and buyer.

1 day, once conditions are met
Timelines vary by franchisor approval speedWe track every deadline so nothing lapses.
№ 01.2About the System

About the CertaPro Painters system

CFA listing confirms an active Canadian franchise network.

Ontario locations within its Canadian franchise network.

№ 01.3Deal Structure

Asset sale or share sale?

This is the first real decision in a CertaPro Painters resale — and it changes what you're buying, what you're taking on, and how the franchise agreement moves.

QuestionAsset purchaseShare purchase
What you buyEquipment, vehicles, the active job pipeline and estimator relationships, goodwill and the franchise agreement.The shares of the corporation that holds the franchise agreement, including its history and existing liabilities.
The franchise agreementAssigned to the buyer with franchisor consent, usually alongside a new or amended agreement.Generally stays with the corporation, but the franchisor must consent to the ownership change.
Painting crews & subcontractorsEach crew or subcontractor relationship is reviewed and individually confirmed to continue with the buyer.These relationships typically continue automatically, since the contracting corporation doesn't change.
Lease or premisesNeeds landlord consent to assign, where the unit leases office or storage space.Usually stays in place unless the lease has its own change-of-control clause.
Tax angleBuyer gets a stepped-up cost base on the assets purchased; an HST election may apply to the sale.Seller may access the lifetime capital gains exemption on qualifying shares.
Typical useThe more common structure for a single-territory CertaPro resale.Occasionally preferred where a large commercial or property-management contract would otherwise be difficult to reassign.
What you buy
Asset sale

Equipment, vehicles, the active job pipeline and estimator relationships, goodwill and the franchise agreement.

The franchise agreement
Asset sale

Assigned to the buyer with franchisor consent, usually alongside a new or amended agreement.

Painting crews & subcontractors
Asset sale

Each crew or subcontractor relationship is reviewed and individually confirmed to continue with the buyer.

Lease or premises
Asset sale

Needs landlord consent to assign, where the unit leases office or storage space.

Tax angle
Asset sale

Buyer gets a stepped-up cost base on the assets purchased; an HST election may apply to the sale.

Typical use
Asset sale

The more common structure for a single-territory CertaPro resale.

We tell you which structure fits — before you sign anything.

№ 01.5Costs & Fees

You'll know the number before we start

No open-ended hourly surprises — the cost is confirmed in writing before any work begins.

Type of workFeeHow it's confirmed
Straightforward purchase or saleStarting from $3,388.87
Our charges · taxes included
Confirmed in writing once we see the agreement.
Larger or more complex dealQuoted to scopeShort call → fixed written quote before any work begins.
Searches, filings & third-party feesAt costItemized on your invoice, not marked up.
Franchisor transfer/application fees, landlord consent costs, and a broker's success fee if the deal was listed — all confirmed once we see your agreement.
Most deals start here

An owner-run business

A single CertaPro territory changing hands between an existing owner and an incoming buyer, with the current crews, subcontractors and paint-supplier account continuing largely as-is.

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A bit more involved

A larger or more complex deal

A territory built around a significant commercial or property-management painting contract, a franchisor requiring rebranding or equipment upgrades as a condition of consent, or a deal timed around the production season with a substantial in-progress job pipeline.

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Not sure which you are? That's our job to figure out, not yours. As a rough guide, most deals under a couple of million dollars are the first kind — above that, you're usually in Mergers & Acquisitions territory.

№ 01.6Before You Ask

Common questions

How much of a CertaPro business is subcontracted crews versus employees?

It varies by unit, and it matters a great deal to your diligence — subcontracted crews carry different continuity and liability considerations than employees do. We review the current crew structure and confirm which relationships are expected to continue before you commit to a price.

Does the seasonal nature of painting affect the closing timeline?

It can. Buyers and sellers often prefer to close either well before or well after the peak season rather than mid-schedule, and the current job pipeline and any deposits already collected need to be accounted for carefully whenever the deal lands.

What happens to the preferred-supplier paint account?

Purchasing accounts and any associated pricing terms are typically tied to the franchisee, not the physical business, so they need to be actively re-established under the buyer's name rather than assumed to carry over automatically.

We already know each other from the same franchise system — do we still need disclosure?

Possibly, yes. Ontario courts have read the Arthur Wishart Act's resale exemption narrowly, so familiarity between the parties doesn't settle the question — we confirm whether disclosure applies to your specific transfer.

How long does a CertaPro Painters resale typically take?

Most single-territory resales run about 45 to 90 days, shaped mainly by the franchisor's consent review and by timing the closing around the production season rather than in the middle of it.

Related

Where we close franchise resale deals

Treadstone Law is an independent law firm. We act for buyers and sellers of franchise businesses. We are not affiliated with, endorsed by, or retained by CertaPro Painters or its franchisor.

Ready to begin?

Tell us about your CertaPro Painters resale — we'll point you the right way and confirm the cost in writing before any work begins.

Prefer to talk first? Call 1-844-900-1070 — it’s free.
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