Graffiti Removal Service is a mobile franchise that specializes in removing graffiti from walls, surfaces, bricks, and concrete without causing damage. They use a combination of pressure washing techniques that effectively eliminate graffiti while protecting the building and the environment.
| Company Name | Graffiti Removal Service | |
| Founder | Paul Watts | |
| Founded | 2000 | |
| Product | Graffiti Removal mobile franchise | |
| Asked For | $350k for 15% equity | |
| Final Deal | No Deals | |
| Shark | No Sharks | |
| Episode (Shark Tank USA) | S1 E4 | |
| Air Date | Aug 30th, 2009 | |
| Business Status | In Business | |
| Website | Visit Website | |
| Headquarters | Citrus Heights, California, USA | |
| Lifetime Worth (Sales) | $3.5M *estimated | |
| Buy and Watch | Buy Now | Amazon Prime |
Another Shark Tank Pitch
Who Is The Founder Of Graffiti Removal Service?
Paul Watts is the founder and CEO of Graffiti Removal Service, which operates on a mobile franchise model. A painter by profession, Watts started the business in 2004.
How Was The Shark Tank Pitch of Graffiti Removal Service?
After entering Shark Tank, founder Paul Watts requested $350,000 for 15% equity in his mobile franchise business, Graffiti Removal Service. During his pitch, he explained the business model, but noted that he had not yet sold a single franchise.
The company, based in Sacramento, generates an annual income of $230,000, with a net profit of only $75,000.
Watts stated that the lowest cost for a GRS franchise is $60,000. Kevin O’Leary questioned the $2.3 million valuation, suggesting that he should own 110% of the business for the $350,000 investment.
Barbara Corcoran expressed that she did not see the potential in the business, while Kevin Harrington felt the franchise concept would not succeed, leading them both to decline.
Robert Herjavec and Kevin O’Leary then teamed up, offering $350,000 for 75% equity, but Watts declined their offer.
| Sharks | Offers |
|---|---|
 Barbara Corcoran | No Offer |
 Kevin O’Leary | No Offer |
 Robert Herjavec | No Offer |
 Daymond John | No Offer |
 Kevin Harrington | No Offer |
| Founder’s (Countered) | No Offer |
| Final Deals | No Deals |
Graffiti Removal Service Shark Tank Update
Barbara Corcoran, Kevin Harrington, and Daymond John declined to invest in Graffiti Removal Service, but Robert Herjavec and Kevin O’Leary offered Paul Watts $350,000 for 70% equity. Watts stated that he could not afford to give up that much equity.
In 2024, the business has been operating for 24 years, but Watts is still working to scale it. If he had accepted the Sharks’ deal, he would have received valuable support to grow his business.
Following the airing of the Shark Tank episode, the graffiti removal business gained increased visibility and a temporary boost in interest. However, Watts has continued to focus on the franchise model, which has yet to materialize.
What Is Graffiti Removal Service’s Net Worth?
Graffiti Removal Service’s net worth is estimated at $1 million. The industry faces significant competition, with many graffiti removal businesses operating in the United States. As a result, it can be challenging to earn substantial profits in this market.
Annual Revenue by Years
Note: This report is based on our research and data so far. In this, we are only estimating the annual revenue.
| Years | Annual Revenue |
| 2000-24 | $3.5M *estimated |
Funding Reports to Date!
| Years | Funding Amount | Investor |
| N/A | N/A | N/A |
Yes, Graffiti Removal Service is Still in business as of 2024.
