Graffitti Removal Services
Graffitti Removal Services is a business from Sacramento, CA, that... well... removed graffitti! This company is looking to expand via franchise and has entered the tank looking for a shark to help with this.
Graffitti Removal Services uses a bio-degradeable and non-toxic wash to remove the graffitti it's called to fix. Unfortunately, this is not proprietary as the wash was created by someone else. However, this doesn't phase the entrepreneur because it's apparently not sold in retail.
Graffitti Removal Services was approved to start franchising six weeks before this deal was filmed. The entrepreneur expects that a new franchisee would needed about $60,000 to set up a franchise.
But, even though the business carries no debt, the lack of a proprietary wash, and the fact that the company only earned $230,000 in the prior year proves to be too much for the sharks and Graffitti Removal Services leaves without a deal.