Everline Coatings and Services Franchise
Audited FinancialsRisk Score
Pending analysis
Investment Range
$185,034 - $319,831
Franchise Fee
$53,550
Min Cash Required
$50,000
Total US Locations
80
Business Summary
EverLine Coatings and Services offers and provides commercial, industrial, residential, public, and private exterior and interior line pavement marking, painting of parking lots, park-ades, offices, and industrial areas. The business also provides related parking lot and pavement maintenance services to clients at their properties.
Corporate History
EverLine Franchising US, Inc. was established as a Texas corporation on September 16, 2021, and began offering franchises in December 2021. The company is a direct subsidiary of EverLine Holdings Aggregator, LLC, which acquired control of EverLine Franchising US, Inc. in September 2024, placing it under the indirect control of investment funds affiliated with Red Iron Group. Its Canadian affiliate, EverLine Franchising Ltd., founded in Alberta, Canada in 2016, owns the proprietary marks used by EverLine Franchising US, Inc. and had 22 franchised businesses operating in Canada as of December 31, 2024. Another affiliate, EverLine Asset Management US, Inc., identifies National Accounts and subcontracts work to franchisees, while TBL Durables US Inc. serves as an approved supplier for optional equipment.
Financial Overview
Investment Range
$185,034 - $319,831
Franchise Fee (Low)
$53,550
Franchise Fee (High)
$59,500
Minimum Cash Required
$50,000
Royalty %
6%
Marketing %
2%
Equipment Costs (Low)
$18,457
Equipment Costs (High)
$89,012
Working Capital
$65,000
Audited Financials
Yes
Offers Financing
No
Audit Opinion
Unqualified opinion
Financial Health Notes
EverLine Franchising US, Inc.'s financial statements indicate that its liabilities exceed its assets, resulting in negative equity. This raises concerns about the franchisor's financial capacity to provide the necessary services and support to its franchisees, as noted in the risk factors and the Hawaii Addendum.
Financing Details
EverLine Franchising US, Inc. does not offer any direct or indirect financing options to its franchisees. The franchisor also does not guarantee any notes, leases, or obligations for franchisees.
Performance Metrics
Total US Locations
80
Franchised Units
80
Corporate Units
0
Avg Square Footage
1,000
Franchising Since
2021
Legal & Compliance Analysis
Recent Litigation
Yes
Bankruptcy
No
Litigation Count
1
Litigation Summary
EverLine Franchising US, Inc. is currently involved in one lawsuit. In September 2024, a former franchisee, Five Two Enterprises, LLC, filed a lawsuit against EverLine Franchising US, Inc., alleging wrongful termination of their franchise agreement and seeking over $525,000 in damages. EverLine Franchising US, Inc. has filed counterclaims for approximately $250,000, asserting that the termination was proper due to the franchisee's multiple breaches, including failure to maintain System Standards, use required systems, and operate within their designated territory. The case is ongoing and currently in the discovery phase.
Bankruptcy History
EverLine Franchising US, Inc. has no bankruptcy history to report.
Agreement Terms
Initial Term
10 years
Renewal Term
10 years
Renewal Conditions
To renew their franchise agreement for two additional, consecutive 10-year terms, EverLine Franchising US, Inc. franchisees must provide notice between 6 to 12 months before the current term ends. They must ensure all required maintenance, refurnishing, renovating, and remodeling of the Mobile Unit(s), Sales Vehicle(s), and business premises are completed to the franchisor's satisfaction. Franchisees must not be in default of the Franchise Agreement or any other agreements with the franchisor or its affiliates, and must have complied with all system standards and operating procedures. All monetary obligations owed to EverLine Franchising US, Inc. or its affiliates must be satisfied. Additionally, franchisees are required to sign the then-current form of franchise agreement (which may have different terms), pay a renewal fee of $10,000 per Designated Territory, and sign a general release subject to state law. They must also remain in possession of the franchised business premises.
Training & Support Program
Franchisor Assistance
EverLine Franchising US, Inc. provides comprehensive assistance to its franchisees, beginning with pre-opening support that includes defining the home office or approved premises and the designated territory. Franchisees receive online access to the confidential Operations Manual, which outlines proprietary methods and standards, and lists approved products and suppliers. The franchisor also reviews and approves the design of the premises and equipment. Initial training is a multi-component program, featuring a 12-week remote self-study module, a one-week on-site or virtual pre-opening training, and 2-3 days of post-opening in-field support within the franchisee's territory. After opening, EverLine offers and may require additional and refresher training courses, provides ongoing consultation and advice on management and operations (often remotely), and may offer on-site assistance for a fee. The franchisor approves all advertising and marketing materials, administers a brand development fund for system-wide promotion, and lists franchisee contact information on its brand website. It maintains a System Site for updates, training webinars, and marketing templates. EverLine also conducts inspections and audits to ensure compliance and continuously researches and develops new products and services for the system.
Initial Training Hours
135
Training Location
A combination of remote instruction, a designated training facility in Houston, TX, or other locations, and on-site training within the franchisee's designated territory.
Ongoing Support
After opening, EverLine Franchising US, Inc. provides ongoing support through several key services. This includes offering and potentially requiring franchisees and their Designated Managers to attend Additional Training programs and refresher courses, up to five days annually. The franchisor offers continuous consultation and advice on business management and operations, delivered remotely via phone, fax, intranet, or video conferencing, subject to personnel availability. On-site assistance and training can also be provided upon request, though a fee may apply. EverLine is responsible for reviewing and approving all advertising and marketing materials used by franchisees and administers a brand development fund for system-wide brand promotion. Franchisees' business contact information is displayed on EverLine's official brand website, provided they remain in compliance with the agreement. The franchisor maintains a System Site, which serves as a central hub for updates, webinars, and marketing templates. Additionally, EverLine conducts regular inspections and audits of franchised businesses to ensure adherence to system standards and continuously researches and develops new services, products, and equipment to enhance the overall System.
Franchise Requirements
Industry Experience Required
No
Management Experience Required
No
Sales Experience Required
No
Technical Skills Required
No
Operational Details
Location Type
Hybrid
Owner Participation
Supervisory
Territory Type
Non-Exclusive
Territory Size Requirements
EverLine Franchising US, Inc. defines its typical Designated Territory as a geographical area with a population of approximately 350,000 people. While the standard offering assumes this size, the franchisor may award larger territories. In such cases, an additional territory fee is calculated at approximately $0.14 per person for the population of the awarded additional territory.
Staffing Notes
EverLine Franchising US, Inc. requires that at least one individual who has successfully completed the entire Initial Training Program must manage the Franchised Business at all times. This trained manager, or the franchisee themselves, is responsible for conducting training classes for all other employees on various operational aspects, including sales, advertising, maintenance of the premises, the POS and computer system, as well as other information relevant to each individual's role, ensuring compliance with the franchisor's standards. While the franchisor recommends personal participation in day-to-day operations, franchisees may hire a Designated Manager. If a Designated Manager is engaged, the franchisor suggests, but does not require, that the franchisee or principal owners spend at least ten hours per week supervising the business.