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That 1 Painter
That 1 Painter franchises operate residential and commercial painting and cosmetic repair service businesses under proprietary trademarks, systems, and standards. Franchisees can choose between a subcontractor model, outsourcing services, or an employee model, hiring painters directly, with multi-unit development options available. The target market includes homeowners, property managers, real estate contractors, and commercial clients seeking painting and repair services.
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Franchise Costs
6% royalty + 2% brand fund + $650-$1,000/mo technology fee + $650-$1,300/mo local advertising management fee
Financial Performance
Item 19 Financial Performance
Data Based On: 36 franchisees operating in 88 Territories that have been open and operating in their first Territory for 10 or more months as of December 31, 2024.
* Calculated weighted average gross revenue using 12 franchisees from Top Third ($1,089,346.76), 12 franchisees from Middle Third ($588,693.21), and 12 franchisees from Bottom Third ($320,120.20): (12 * $1,089,346.76 + 12 * $588,693.21 + 12 * $320,120.20) / 36 = $666,053.39. Median gross revenue is taken from the 'Median' column of the Middle Third segment.
Extracted Item 19 Section
Avg. Revenue: $666,053
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Unlock financial performance dataThat 1 Painter Franchise Analysis
Picture a painting franchise born in the booming Austin market, offering franchisees the freedom to scale via subcontractors or direct hires amid surging demand for home refreshes. With Item 19 laying bare actual revenue performance and a trail of SBA loans signaling strong lender confidence, this system's trajectory raises eyebrows. Can a newcomer from 2021 truly deliver the explosive returns its rapid footprint suggests?
Item 7 outlines an initial investment of $113,000 to $189,000, including a $59,000 franchise fee, making entry relatively accessible for service brands. Ongoing fees hit 6% royalty plus 2% brand fund, layered with $650-$1,000 monthly tech fees and $650-$1,300 for local ad management—positioning total outflows around 8-10% of sales. Item 19 shines brightly: average gross revenue clocks $666,053, median $555,678, implying solid top-line potential even for mid-tier operators, especially with flexible models targeting homeowners, property managers, and commercial gigs.
System vitality screams opportunity, jumping from 63 locations in 2023 to 271 in 2024—a staggering 330% surge—with 90 projected new units and just 1 termination amid 9 transfers. Backed by 41 SBA loans averaging $212,146, financing hurdles look low, and 6 corporate spots anchor stability under ResiBrands. For buyers eyeing home services, these metrics flag high scalability, but dig into local market saturation, subcontractor reliability, and multi-unit paths to gauge if that revenue holds in your territory.
Analysis based on the 2025 Franchise Disclosure Document. All figures should be independently verified before making investment decisions.
How That 1 Painter Compares
Key Insights
- Top 10 largest franchise system in Home Improvement
- One of the lowest SBA loan default rates in Home Improvement
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
That 1 Painter Current | $113K – $189K | $59K | 6.0% | 265 |
| BUDGET BLINDS | $101K – $211K | $20K | 3.5% | 1,366 |
| Koala Insulation | $195K – $242K | $50K | 6.5% | 333 |
| Five Star Bath Solutions | $162K – $334K | $60K | 6.0% | 306 |
| CERTA PROPAINTERS | $171K – $321K | $65K | N/A | 303 |
| FCI | $184K – $249K | $55K | 5.0% | 288 |
Home Improvement Average 64 franchises | $139K – $246K | $51K | 6.2% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 64 Home Improvement franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2024)
Outlets by state across the United States
+20 more states
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Unlock location growth dataSBA Loan History
Historical SBA 7(a) loan data for That 1 Painter franchisees (2022 – 2025)
Loans by Year
SBA 7(a) loan activity over time
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
41 SBA loans on record
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Unlock SBA loan historyFranchisee Contacts
24 franchisee contacts on file from official FDD filings.
24 Contacts Available
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Unlock contactsDue Diligence
Litigation (Item 3)
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
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Unlock due diligence reportsFrequently Asked Questions
The total initial investment to open a That 1 Painter franchise ranges from $113,000 to $189,000. This includes a franchise fee of $59,000. Ongoing royalty fees are 6.0% of gross sales.
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