Paint Corps Franchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
Analysis by FranchiseVerdict Research · Methodology
Paint Corps is a home services franchise offering residential and commercial interior and exterior painting. Franchisees run local operations, managing sales estimates, painting crews, and customer accounts.
FranchiseVerdict summary · 2026
A PAINT CORPS franchise requires a total initial investment of $131K – $182K, including a $50K – $75K franchise fee and an ongoing 7.0% royalty[2]. The 2025 FDD does not disclose unit-level revenue (no Item 19). FranchiseVerdict grade: B (Above average), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2025 FDD issuance
Overview
- Investment
- $131K – $182K
- 50th pct Home Services
- Avg gross sales
- N/A
- Royalty
- 7.0%
- 34th pct Home Services
- Units
- 11
- 20th pct Home Services
- SBA charge-off
- N/A
Quick verdict · Home Services · color = vs category peers
Green = favorable by >10% vs Home Services avg · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $131K – $182K including a $50K franchise fee, 7.0% ongoing royalty.
- RETURNSFor fiscal year ending December 31, 2024, franchisor received $66,995 in rebates from franchisee purchases, representing 18% of its total revenue.
- RISKVerdict B (Above average), verdict score 51/100 (higher is better).
- DATANo Item 19 financial performance representation. Without franchisor-disclosed revenue data, you'll need to gather unit economics directly from existing franchisees.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- PAINT CORPS Franchise Group LLC
- Parent company
- Veteran Franchise Group LLC dba Veteran Service Brands
- CEO title
- Chief Executive Officer and Co-Founder
- Burgess Perry
- Incorporated in
- NH
- HQ
- 13 Columbia Drive, Suite 19, Amherst, New Hampshire 03031
- Auditor
- Penchansky & Co. PLLC
- Audited financials
- Franchisor revenue
- $219K
- vs $366K prior year
Overview
About
- CEO
- Burgess Perry
- Headquarters
- NH
- Founded
- 2021
- FDD year
- 2025
- States available
- 5
Can you afford it, and what does the money buy?
Entry cost runs 30% below the typical home services franchise.
Source: FDD 2025 · Items 5–7
FDD Item 7 · 2025 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $50K | $50K |
| Working capital (3–6 mo) | $36K | $45K |
| Equipment, build-out, other | $45K | $87K |
| Total initial investment | $131K | $182K |
Source: PAINT CORPS 2025 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $131K – $182K
- Middle of category vs category
- Liquid capital req'd
- $36K – $45K
- Bottom third — review vs category
- Franchise fee
- $50K – $75K
- Middle of category vs category
- Royalty
- 7.0%
- tiered · typical 6–8%
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 7.5%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 7.0% of gross sales |
| Marketing / ad fund | 2.0% of gross sales |
| Technology fee | $495 |
| Transfer fee | $15K |
| Renewal fee | $5K |
| Inventory (initial) | $500 – $2K |
| Total fee load | 7.5% of rev |
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
PAINT CORPS did not disclose financial performance in FDD Item 19. The ROIC and return models require Item 19 revenue. Without it all inputs are estimates. You can still run the calculator with your own assumptions by entering an expected revenue figure.
Returns model · single-unit ROIC
What would one PAINT CORPS unit return on the cash you put in?
Unlevered ROIC · per unit
Estimated return on your total franchise investment, before any debt financing.
38%
Within the 30–60% "attractive franchise" band
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2025 FDD
Financial Performance
For fiscal year ending December 31, 2024, franchisor received $66,995 in rebates from franchisee purchases, representing 18% of its total revenue.
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Fee burden
Total ongoing fee load of 7.5% — below the Home Services average of 8.9%.
Disclosure
Franchisor chose not to disclose financial performance representations. You will need to gather unit economics directly from existing franchisees.
Operator retention
System expanding at 14.3% CAGR over 3 years across 11 units — operators are staying and new ones are joining.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Home Services averages
How Paint Corps Compares
Is the system healthy?
Source: FDD 2025 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 11
- Opened
- 2
- Last reporting year
- Closed
- 0
- Terminated
- 0
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 0.0%
- Company-owned
- 3
- Corporate units in the system
- % franchised
- 73%
- vs corporate-owned
- Net growth (3-yr)
- +14.3%
- Net unit change over 3 years
- 3-yr CAGR
- +14.3%
- Compounded over last 3 years
3-year detail · Item 20
- Opened (3yr)
- 2
- Closed (3yr)
- 0
- Terminated (3yr)
- 0
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 0
- Reacquired (3yr)
- 1
- Franchisor bought back
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 12 · 5 states reported
The Territory Map
FDD Item 12 reports the state count, but the specific list isn't in our current data. The map will appear once we re-extract from the FDD or enough franchisee contacts are available.
5
states with franchisees (per FDD Item 12)
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA loan disclosures. This brand has only 1 7(a) loan on file; statistical reliability is limited below 10 loans.
- Total loans
- 1
- Loan volume
- $150K
- Median loan
- $150K
- 50th percentile
- Charge-off rate
- N/A
- limited sample (1 loan) — rate not shown below 10
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- N/A
- 5-yr charge-off
- N/A
- Loans approved 2021+
- Active lenders
- 1
- Defaults
- N/A
Explore lender portfolios on Bank Reports or regional data on State Reports.
What could kill this investment?
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
Early-stage painting franchise with minimal operational transparency, no financial benchmarks, questionable franchisor financial health, and insufficient unit density to validate the business model.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Penchansky & Co. PLLC
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 51 / 100 verdict
- 01MINORNo average revenue or net income disclosure (Item 19) — cannot validate ROI claims or benchmark performance
- 02MEDOnly 11 units system-wide with modest 14.3% YoY growth — indicates nascent/struggling system with limited operational data
- 03HIGHGoing Concern status is False — suggests potential financial instability at franchisor level
- 04MINORHigh initial investment ($130,950–$182,400) relative to tiny unit base creates elevated franchisee risk
- 05MED7-year term with protected territory may lock franchisees into underperforming locations with limited exit options
- 06MINORTiered royalty structure (7%→6%→5%) incentivizes franchisees to reach $500K+ revenue quickly or face higher percentage cost burden
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 7.5% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2025 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 7 years |
|---|---|
| Renewal term | 7 years |
| Allowed renewalsℹ | 1 |
| Territory type | protected |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory population | 500,000 |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 15 mi |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 10 days |
| Curable defaultsℹ | 8 |
| Mandatory arbitration | Yes |
| Arbitration location | Hillsborough County, New Hampshire |
| Jury trial waiver | No |
| Governing law | NH |
| Litigation count | 0 |
Items 10, 11
Training & Operations
- Classroom training
- 24 hrs
- On-the-job training
- 40 hrs
- Training location
- Tampa, Florida and at-home online
- Ongoing training
- Required
- Time to open
- 3 mo
- From signing to launch
- Site selection
- franchisee with franchisor approval
Items 5 & 11
Franchisor Support
Item 20 · call current owners
Franchisee Contacts
13 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
PAINT CORPS · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a PAINT CORPS franchise?
The total investment to open a PAINT CORPS franchise ranges from $131K – $182K, with an initial franchise fee of $50K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do PAINT CORPS franchise owners earn?
PAINT CORPS does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is Item 19 in the PAINT CORPS FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the PAINT CORPS FDD and qualifies whose outlets they describe.
What is PAINT CORPS's franchise failure rate?
SBA 7(a) loan charge-off data is not available for PAINT CORPS (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many PAINT CORPS franchise locations are there?
As of their most recent FDD filing, PAINT CORPS has 11 total units in the United States, including 8 franchised units and 3 company-owned units. 2 new units were opened in the latest reporting year.
Is PAINT CORPS a good franchise to buy?
FranchiseVerdict rates PAINT CORPS as a B-grade franchise with a verdict score of 51 out of 100 (higher is better), based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
Are you the franchisor?
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.