That 1 Painter FDD – Franchise Information, Costs and Fees
Type of Business
The franchisee will operate a residential and commercial painting and cosmetic repair service business under the “That 1 Painter” trademarks.
Corporate Information
That 1 Painter Franchising, LLC was formed as a limited liability company in the State of Texas on November 18, 2020. Their principal business address is 12357-C Riata Trace Parkway, Suite 150-200, Austin, Texas 78727. They began offering franchises on May 28, 2021.
Investment
The total investment necessary to begin operation of a That 1 Painter franchise varies depending upon whether you use subcontractors or employee
painters in your That 1 Painter business.
The total investment necessary to begin operation of a That 1 Painter franchise (Subcontractor Model) ranges from $113,000 to $142,000. This includes $80,500 to $87,000 that must be paid to the franchisor or its affiliates.
The total investment necessary to begin operation of a That 1 Painter franchise (Employee Model) ranges from $139,750 to $189,000. This includes $80,500 to $87,000 that must be paid to the franchisor or its affiliates.
The total investment necessary to begin operation of a That 1 Painter multi-unit development business (Subcontractor Model) ranges from $162,000 to $269,000. This includes $108,000 to $186,000 that must be paid to the franchisor and/or its affiliate(s). The low end of the estimate assumes a development fee for two start-up Businesses. The high end of our estimate assumes a development fee for four start-up Businesses.
The total investment necessary to begin operation of a That 1 Painter multi-unit development business (Employee Model) ranges from $188,750,000 to $316,000. This includes $108,000 to $186,000 that must be paid to the franchisor and/or its affiliate(s). The low end of the estimate assumes a development fee for two start-up Businesses. The high end of our estimate assumes a development fee for four start-up Businesses.
The total investment necessary to begin operation of five That 1 Painter franchises ranges from $512,750 to $693,500. This includes $290,000 to $349,000 that must be paid to the franchisor or its affiliate(s).
