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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-$1300/mo local advertising management + $650-$1000/mo technology fee
Financial Performance
Item 19 Financial Performance
Data Based On: 56 franchised businesses operating in 202 Territories open for 12 or more months as of December 31, 2025, that responded to our survey.
* Weighted average gross revenue calculated from 56 franchised units across three segments: (18 units * $1,652,128 + 19 units * $788,606 + 19 units * $410,495) / 56 total units = $937,878.98. Revenue top quartile is the average of the Top Third segment ($1,652,128). Revenue bottom quartile is the average of the Bottom Third segment ($410,495). Median gross revenue is the median of the Middle Third segment ($789,315). Weighted average gross profit margin calculated from 56 franchised units across three segments: (18 units * 52% + 19 units * 46% + 19 units * 37%) / 56 total units = 44.88%. Average gross profit calculated as weighted average gross revenue * weighted average gross profit margin: $937,878.98 * 0.4488 = $420,873.19. Best guess profit range (low and high) estimated by applying the lowest (37%) and highest (52%) segment average gross profit margins to the overall weighted average gross revenue: Low = $937,878.98 * 0.37 = $347,015.22, High = $937,878.98 * 0.52 = $487,697.07. This range represents the Gross Profit given the available data, as no further operating expenses or net income figures are provided for franchisees.
Extracted Item 19 Section
Avg. Revenue: $937,879
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Unlock financial performance dataHow That 1 Painter Compares
Key Insights
- #3 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 | $97K – $137K | $59K | 6.0% | 315 |
| BUDGET BLINDS | $101K – $211K | $20K | 3.5% | 1,355 |
| 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 | $141K – $252K | $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 (2025)
Outlets by state across the United States
+22 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
123 franchisee contacts on file from official FDD filings.
123 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 $96,500 to $137,000. This includes a franchise fee of $59,000. Ongoing royalty fees are 6.0% of gross sales.
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