That 1 Painter franchise
2026 filing · May 1, 2026GrowingShares sales figures
That 1 Painter at a glance
A residential painting business handling interior, exterior and cabinet painting. At the end of 2025 there were 323 That 1 Painter locations in the US, 315 franchised and 8 company-owned.
The business
- Franchisor
- THAT 1 PAINTER FRANCHISING LLC
- The company that sells the franchises
- Franchising since
- 2021
- 5 years of selling franchises
- Franchisor based in
- Austin, Texas
What you pay
- Cost to open
- $97K–$137K
- One territory
- Franchise fee
- $59,000
- Paid once, when you sign
- Royalty
- 6%
- 6% of gross revenue or a minimum of $461 per territory per week, whichever is greater
- Brand fund
- 2%
- 2% of gross revenue, paid weekly; it can rise to 3%
- Agreement length
- 10 years
- Territory
- Limited
- Limited protection
- Franchisor financing
- None offered
Where it is
- US locations, 2025
- 323
- Franchised and company-owned
- Franchised
- 315
- Company-owned
- 8
- Change in 2 years
- +287
- Franchised locations, 2023–2025
- States
- 36
- Most in Texas, Florida and Colorado
Support and records
From THAT 1 PAINTER FRANCHISING LLC’s 2026 filing; revenue and net income from its audited financial statements, page 140; SBA status from the SBA Franchise Directory, October 28, 2026.
Franchisor revenue is the company that sells the franchises (royalties, fees and anything else it earns), not what a location makes.
Where it ranks
That 1 Painter among all franchises with the same figure.
| Figure | That 1 Painter | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $116,750 | Costs less than 84% of franchises |
| Franchise feePaid once, when you sign | $59,000 | Higher than 85% of franchises |
| RoyaltyShare of sales paid to the franchisor | 6% | Higher than 35% of brands with a set rate |
| US locationsFranchised and company-owned | 323 | More than 91% of franchises |
How much a That 1 Painter franchise costs
Opening one territory costs an estimated $96,500 to $137,000. That covers the franchise fee and everything else needed to open, through the first months of working capital. It is one of the low-cost franchises.
The biggest costs are initial franchise fee ($59,000) and additional funds (3 months) ($12,500 to $30,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $59,000 | ||
| Your Training Expenses | $3,000 | $5,500 | |
| Vehicle Lease and Wrap | $2,250 | $4,500 | |
| Business Licenses and Permits | $250 | $3,000 | |
| Computer System and Setup | $500 | $1,000 | |
| Uniforms and Branded Materials | $2,500 | $4,000 | |
| Office Equipment and Supplies | $500 | $2,500 | |
| Professional Fees | $500 | $2,500 | |
| Marketing Development Fee | $5,000 | ||
| Grand Opening Advertising/Marketing | $9,000 | $15,000 | |
| Insurance | $1,500 | $5,000 | |
| Equipment | $0 | ||
| Real Estate | $0 | ||
| Additional Funds (3 Months) | $12,500 | $30,000 | |
| Total | $96,500 | $137,000 | |
Source: THAT 1 PAINTER FRANCHISING LLC, 2026 filing, page 21
That 1 Painter franchise fee
The franchise fee is $59,000. You pay it when you sign the franchise agreement.
Source: THAT 1 PAINTER FRANCHISING LLC, 2026 filing, page 12
Royalty and ongoing fees
| Royalty | 6% of gross revenue or a minimum of $461 per territory per week, whichever is greater. |
|---|---|
| Brand or marketing fund | 2% of gross revenue, paid weekly; it can rise to 3%. |
| Additional Training | $500 per day and a half of training, plus expenses |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: THAT 1 PAINTER FRANCHISING LLC, 2026 filing, pages 13 and 14
Other fees as filed, from page 16. The filing lists every fee, including late fees and audit costs.
Sales and earnings
Shares figures That 1 Painter publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
- Average revenue
- $937,879
Yearly figures for 2025, per franchisee, 56 franchisees running 202 territories, open before 2025. The filing gives an average for each third rather than one overall figure; this is the overall average worked out from those and each one's number of locations.
Sales are what the business takes in before rent, payroll, royalties and other costs, not what its owner keeps.
Source: THAT 1 PAINTER FRANCHISING LLC, 2026 filing, pages 46–47
SBA loans to That 1 Painter franchisees
Lenders approved 40 SBA 7(a) loans for That 1 Painter franchisees from 2023 to 2026, $8.18M in all. One has been paid in full; none was charged off. The other 39 haven’t ended yet.
A charged-off loan is one written off as uncollectible. See SBA franchise loans for how 7(a) and 504 loans work.
Source: SBA 7(a) and 504 loan data, as of September 30, 2026
How That 1 Painter compares
Of the 22 painting franchises on this site, That 1 Painter is the 12th cheapest to open and the largest by number of locations.
| Figure | That 1 Painter | Typical painting brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $97K | $96K | $222K |
| Cost to open, high end | $137K | $165K | $477K |
| Franchise fee | $59K | $50K | $40K |
| Royalty | 6% | 6% | 6% |
| Brand fund | 2% | 2% | 2% |
| US locations | 323 | 42 | 21 |
| Closed or left per year | 17.5% | 13.2% | – |
| Change in franchised locations, 2 yrs | +1025% | +20.2% | – |
| Shares earnings figures | Yes | 16 of 22 | 2,147 of 3,352 |
Typical is the median across the 22 brands in painting franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2021 | 0 (0) | 4 | – | – |
| 2022 | 28 (+28) | 4 | – | – |
| 2023 | 62 (+34) | 12 | +42 | −8 |
| 2024 | 271 (+209) | 6 | +213 | −4 |
| 2025 | 315 (+44) | 8 | – | – |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: franchise failure rates.
Over 5 years, from the start of 2021 to the end of 2025, franchised locations went from 0 to 315 (+315). The earlier years come from the brand's 2024 filing.
Source: THAT 1 PAINTER FRANCHISING LLC, 2026 filing, page 50
2021–2022: THAT 1 PAINTER FRANCHISING LLC, 2024 filing, page 63
Where That 1 Painter locations are
At the end of 2025, That 1 Painter had locations in 36 states. The most are in Texas, Florida and Colorado.
- Texas52
- Florida28
- Colorado18
- New Jersey16
- Pennsylvania16
- Ohio15
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| Texas | 44 | 8 | 52 |
| Florida | 28 | 0 | 28 |
| Colorado | 18 | 0 | 18 |
| New Jersey | 16 | 0 | 16 |
| Pennsylvania | 16 | 0 | 16 |
| Ohio | 15 | 0 | 15 |
| Arizona | 14 | 0 | 14 |
| Minnesota | 14 | 0 | 14 |
| North Carolina | 14 | 0 | 14 |
| Virginia | 14 | 0 | 14 |
All 36 states
Source: THAT 1 PAINTER FRANCHISING LLC, 2026 filing, page 53
Who owns That 1 Painter?
That 1 Painter franchises are sold by THAT 1 PAINTER FRANCHISING LLC.
From THAT 1 PAINTER FRANCHISING LLC’s 2026 filing.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: THAT 1 PAINTER FRANCHISING LLC, 2026 filing, litigation on page 12, bankruptcy on page 12
That 1 Painter filings
A franchisor files a new disclosure each year it sells franchises. The figures on this page come from THAT 1 PAINTER FRANCHISING LLC’s 2026 filing, issued May 1, 2026; the earlier ones below are on record with the Minnesota Department of Commerce and fill in older location counts.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2026 filing | May 1, 2026 | Minnesota | Costs, fees and locations, 2023–2025 |
| 2024 filing | – | Minnesota | Locations, 2021–2022 |
Each link opens the filing as a PDF. See the newest filings across all brands.
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