Painter1 logo

Painter1

Residential and commercial painting
Investment
$80,270
Initial Franchise Fee
$54,500
Units
50
Growth Rate
+16.3%

Overview

Industry
Home Improvement
Founded
2012
Franchising Since
2016
Parent Company
Painter1 Franchise
Leadership
Jason Leber, Managing Partner
# of Employees at HQ
10

Units and Growth Chart

About Painter1

Painter1 is a commercial and residential painting business started by two business friends, Jason Leber and Conrad Kolba. The company prides itself on renewing spaces by using registered and skillful painters to bring a room to life with paint. Their company slogan is "Renew Your Space. Renew Your Life." They try to live by this adage in every job that they handle.

Why You May Want to Start a Painter1 Franchise

Colors may enhance an individual's mood by inspiring creativity, increasing productivity, and creating a relaxing ambiance. Painter1 customizes its professional painting services to meet the requirements of both commercial and residential spaces. The company also offers complete painting services from color selection to the final project, including an inspection. 

The founders of Painter1 are passionate about bringing customers' homes and business premises to life with color. The company uses professional, licensed painters to liven up a room or building. 

A Painter1 franchisee should be driven and passionate about business. Additionally, you will be part of a team, making team spirit an excellent quality to have. A Painter1 may also help to give you the much sought-after freedom that running a business can promise.

What Might Make a Painter1 Franchise a Good Choice?

The Painter1 franchise may give franchisees a portion of the 10% equity pool, co-owned by all franchisees. Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the company's franchising team questions. 

Opening a Painter1 franchise may offer a more predictable outcome than investing in a completely new brand that could struggle to thrive in an already crowded and competitive industry.

To be part of the Painter1 team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. 

Painter1 may offer in-house financial help covering the franchise fee. They also have partnered with third-party lenders that may help cover the franchise fee and startup costs if you qualify.

How To Open a Painter1 Franchise

As you decide if opening a Painter1 franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a Painter1 franchise would do well in your community.

Painter1 takes its painting business seriously. Every new franchisee receives a solid foundation of training from one of its successful franchisees. Painter1 wants to ensure they are not simply churning out franchisees, but equipping you with adequate training to help you reach your financial and business goals.

Once you complete your training, the franchisor will set you up with their latest technology to help you run your marketing and day-to-day business operations. This may include painting estimates. Furthermore, the franchisor has cloud-based software that franchisees can access for the everyday running of their business. 

Investment Details

Initial Franchise Fee
$54,500
Initial Investment
$80,270 - $168,380
Net Worth Requirement
$150,000
Cash Requirement
$80,000
Royalty Fee
7%
Ad Royalty Fee
0
Technology Fee
0
Term of Agreement
10 years
Is Franchise Term Renewable?
Yes
Financing
Third Party
Veterans Incentive
10% off franchise fee

Available Territories

Franchising opportunities available in the following regions

United States

States

Alaska Alabama Arkansas Arizona Colorado Connecticut District of Columbia Delaware Florida Georgia Iowa Idaho Illinois Indiana Kansas Kentucky Louisiana Massachusetts Maryland Maine Michigan Minnesota Missouri Mississippi Montana North Carolina New Hampshire New Jersey New Mexico Nevada Ohio Oklahoma Oregon Pennsylvania South Carolina Tennessee Texas Utah Virginia Vermont Washington Wisconsin West Virginia Wyoming

Training & Support Programs

Comprehensive training and ongoing support to help you succeed

Training

On the Job Training
30-57 hours
Classroom Training
9-18 hours

Ongoing Support

Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Proprietary Software
Franchisee Intranet Platform

Marketing Support

Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations & Requirements

Key operational details and requirements for running this franchise

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
Yes
Can this franchise be run part time?
No
# of employees required to run
0-5
Are exclusive territories available?
No

Ranking History

Painter1 performance in the Franchise rankings over recent years

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022