Looking for a business opportunity that allows you to manage from the comfort of your home while still offering immense growth potential? That 1 Painter is one of the fastest-growing painting franchises in the nation, offering semi-passive ownership options and a home-based business model that allows entrepreneurs to thrive in the home improvement industry without the need for a physical storefront.
Founded in 2011 by CEO Steven Montgomery, this franchise has built a reputation for delivering happiness to its customers and unmatched value to its franchisees. By leveraging the power of parent company ResiBrands, which provides comprehensive in-house support through ResiConnect and ResiCreative, the franchise offers a turn-key solution for owner-operators and semi-absentee investors. In this article, we’ll explore the investment details, operational benefits, and why this business model may be the perfect fit for you.
What Makes This Franchise Unique?
That 1 Painter has set itself apart from competitors by integrating comprehensive in-house support through ResiConnect and ResiCreative. These services handle everything from appointment scheduling to marketing, website design, and social media, allowing franchisees to focus on providing exceptional customer service and networking within their local communities.
Franchisees benefit from an efficient, community-driven business model that can be operated from home. With no need for a physical storefront, franchise owners have lower overhead costs and more flexibility in managing their business. The franchise’s culture emphasizes a strong sense of community, offering extensive coaching, support, and connections to an entrepreneurial network, ensuring you’re never alone in your business journey.
Furthermore, That 1 Painter is deeply committed to giving back through its “Paint it Forward” initiative, encouraging franchisees to engage in local community projects. This socially responsible approach adds to the franchise’s appeal, making it a rewarding business not just financially but also in terms of community impact.
Investment Breakdown and Financial Considerations
Before you dive into any franchise opportunity, it’s essential to have a solid understanding of the financial requirements. That 1 Painter offers two operational models for franchisees: the Subcontractor Model and the Employee Model, each with its own cost structure.
Here’s a detailed look at the financial breakdown:
Estimated Initial Investment for the Franchise
Type of Expenditure | Subcontractor Model Amount* | Employee Model Amount* |
Initial Franchise Fee | $59,000* | $59,000* |
Training Expenses | $3,000* – $5,500* | $3,000* – $5,500* |
Vehicle Lease and Wrap | $2,250* – $4,500* | $6,750* – $18,000* |
Master Class | $5,000* | $5,000* |
Business Licenses and Permits | $250* – $3,000* | $3,500* – $8,000* |
Computer System and Setup | $500* – $1,000* | $500* – $1,000* |
Uniforms and Branded Materials | $2,500* – $4,000* | $2,500* – $4,000* |
Office Equipment and Supplies | $500* – $2,500* | $1,500* – $5,000* |
Marketing Development Fee | $5,000* | $5,000* |
Grand Opening Advertising/Marketing | $10,000* – $15,000* | $10,000* – $15,000* |
Insurance | $2,500* – $5,000* | $7,500* – $13,000* |
Equipment | $0* | $3,000* – $8,000* |
Additional Funds for First 3 Months | $22,000* – $30,000* | $32,000* – $40,000* |
The estimated initial investment for a That 1 Painter franchise ranges from $113,300* to $189,000*, depending on your chosen model. The initial franchise fee is $59,000*, while other expenses like training, advertising, and equipment will vary depending on your business setup.
In addition to these initial costs, franchisees are responsible for ongoing fees that include royalties and advertising costs.
Ongoing Fees and Royalties
Fee Type | Amount* |
Royalty Fee | 6% of gross revenue* |
Local Advertising Fee | $3,000* per month or 4%* of revenue |
National Advertising Fee | 2%* – 3%* of weekly gross revenue |
The 6%* royalty fee on gross revenue and the local advertising fee, which is a minimum of $3,000* per month for the first year, ensure that your business remains visible in the local market while also contributing to the national brand’s growth.
Operational Flexibility and Support
One of the significant advantages of owning a That 1 Painter franchise is its operational flexibility. Whether you choose to operate as an owner-operator or semi-absentee owner, the franchise allows you to tailor your involvement based on your preferences and lifestyle.
- Subcontractor Model: In this model, franchisees can hire subcontractors to handle the painting jobs, allowing them to focus on sales, customer relationships, and business growth. This model is ideal for those who want a less hands-on approach.
- Employee Model: Franchisees opting for this model directly hire their painters, managing the day-to-day operations more closely. This model gives franchisees more control over the work quality and customer service, but it comes with higher upfront costs for payroll and equipment.
Regardless of your chosen model, you’ll have access to robust in-house support from ResiConnect and ResiCreative. This support system includes marketing assistance, appointment scheduling, web design, social media management, and content creation, allowing you to concentrate on building your local network and maintaining customer satisfaction.
The franchise also provides top-tier coaching and access to an entrepreneurial network, ensuring that you have all the tools and support necessary for long-term success.
Why This Franchise Stands Out
This franchise offers a range of benefits that make it an attractive investment. As the fastest-growing painting franchise in the nation, it provides unbeatable support and operational flexibility, making it suitable for both full-time owner-operators and semi-passive investors.
One of the standout features of the business is the “Paint it Forward” initiative, which allows franchisees to give back to their communities through charitable projects. This socially responsible business component not only adds to the brand’s appeal but also fosters goodwill in the local markets.
The ability to manage the business from home and the comprehensive in-house support provided by ResiBrands make this an ideal option for entrepreneurs looking for a low-overhead, flexible business model. Whether you’re seeking to grow a business full-time or manage it with a hands-off approach, this franchise offers the operational flexibility and support you need to succeed.
Your Colorful Path to Success.
In summary, the That 1 Painter franchise provides a unique opportunity for aspiring entrepreneurs to enter the home improvement industry with a flexible, home-based business model. With robust support systems, a strong community-oriented culture, and scalable investment options, the franchise offers everything you need to succeed.
The low operational costs, flexibility in ownership models, and the company’s mission to give back through initiatives like “Paint it Forward” make this franchise a highly attractive business opportunity. Whether you’re considering being an owner-operator or opting for semi-passive ownership, the tools for success are all in place.
If you’re ready to start your entrepreneurial journey and elevate your future with a thriving and colorful business, consider the That 1 Painter franchise as your next step. Explore this exciting opportunity today and take control of your financial future.
Ready to explore this exciting opportunity further? Connect with us to learn how you can become a part of this rapidly growing brand.
Whether you’re a first-time business owner or an experienced entrepreneur, our team at the Franchise Brokers Association is here to guide you through every step of the process. We’ll help you navigate the franchise landscape, ensuring you find the right fit and setting you up for long-term success.