Painter1Franchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A PAINTER1 franchise requires a total initial investment of $80K – $168K, including a $55K franchise fee and an ongoing 7.0% royalty[2]. Per the 2025 FDD, average unit revenue was $422K[2]. SBA 7(a) loans show a 50.0% charge-off rate across 14 loans[1]. Verdict grade: D. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $80K – $168K
- 21st pct Home Services
- Avg gross sales
- $422K
- 11th pct Home Services
- Royalty
- 7.0%
- 28th pct Home Services
- Units
- 42
- 36th pct Home Services
- SBA default
- 50.0%
- system-wide median varies by category
Quick verdict · Home Services · color = vs category peers
Green = >15% above Home Services avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Each dollar invested generates 3.4x in gross revenue, well above the typical 1.5-2.5x range.
50.0% of SBA loans charged off across 14 loans, above the 16% franchise average.
Franchised units fell from 42 to 36 over 3 years. Investigate why operators are leaving.
Bottom line
- Total investment $80K – $168K including a $55K franchise fee, 7.0% ongoing royalty.
- Average unit revenue of $422K/year (median $334K).
- Verdict D (Below Average) with a risk score of 75/100. SBA loan charge-off rate of 50.0% across 14 loans (well above the 16% franchise average, based on all SBA 7(a) franchise lending, 2010–2024).
- System growing at 16.7% CAGR over 3 years with 42 total units. Strong expansion trajectory.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- STRATIFY, LLC
- Parent company
- None
- Incorporated in
- UT
- HQ
- 105 N Main St., Spanish Fork, UT 84660
- Auditor
- Kezos & Dunlavy
- Audited financials
- Franchisor revenue
- $1.5M
- vs $1.7M prior year
Overview
About
PAINTER1 franchisees operate residential and/or commercial painting service businesses, managing crews, scheduling jobs, and handling customer relationships. Day-to-day activities include job estimation, quality oversight, crew management, and client communication. The model appears to be a service-based painting contractor operation with franchisor support for training, marketing, and operational systems.
- CEO
- Jason Leber
- Headquarters
- UT
- Founded
- 2015
- FDD year
- 2025
- States available
- 18
FDD Item 7 · 2025 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $55K | $55K |
| Working capital (3–6 mo) | $10K | $20K |
| Equipment, build-out, other | $16K | $94K |
| Total initial investment | $80K | $168K |
Source: PAINTER1 2025 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Single-unit · estimated
Returns at a glance
Indicative numbers using FDD Item 7 / Item 19 inputs and category-benchmarked cost ratios. Full single-unit, 25-unit portfolio, and LBO models (with every input editable to stress-test your own scenario) live on the financials page.
Store EBITDA · annual
$42K
10.0% margin
Unlevered ROIC
30%
EBITDA / total invested capital
Payback
3.3 yrs
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $80K – $168K
- Better than avg vs category
- Liquid capital req'd
- $10K – $20K
- Better than avg vs category
- Franchise fee
- $55K – $55K
- Near category avg vs category
- Royalty
- 7.0%
- percentage · typical 6–8%
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 9.0%
- 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 | $5K |
| Transfer fee | $5K |
| Renewal fee | $5K |
| Total fee load | 9.0% of rev |
Financial Performance
- Avg gross sales
- $422K
- Per unit, per year
- Median gross sales
- $334K
- Item 19 type
- gross_sales
- Sample size
- 38 units
- vs category median 25
- Range (low → high)
- $33K→$1.5M
- Cohort dispersion (min → max)
- Transparency tier
- revenue_only
- Categorical assessment of disclosure depth
- Transparency
- 4 / 5
- vs category median 4 / 5 · typical
Compared against 349 Home Services brands
vs Home Services averages
How Painter1 Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 42
- Opened
- 7
- Last reporting year
- Closed
- 3
- Turnover rate
- 7.1%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
- Net growth (yr3)
- +10.5%
- Net unit change last year
- 3-yr CAGR
- +16.7%
- Compounded over last 3 years
3-year detail · Item 20
- Transfers (3yr)
- 4
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 21 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator. Not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
- Total loans
- 14
- Loan volume
- $2.5M
- Median loan
- $120K
- 50th percentile
- Charge-off rate
- 50.0%
- rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- 50.0%
- 5-yr charge-off
- 50.0%
- Loans approved 2021+
- Active lenders
- 6
- Defaults
- 1
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into Painter1's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 6 lenders with concentration factor
- Per-state charge-off rates across 8 states
- Startup risk premium and job creation velocity
- 6-year lending trend
Instant access. No subscription.
A 50.0% charge-off rate means roughly 1 in 2 franchisees failed to repay their SBA loan. Investigate what changed.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
PAINTER1 presents meaningful risk due to undisclosed net income, going concern accounting warning, and modest growth trajectory—proceed only after thorough franchisee validation.
Litigation (Item 3)
0 case reference(s): 1 pending, 0 settled.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Kezos & Dunlavy
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Score breakdown · what drove the 75 / 100 rating
- 01MEDNet income not disclosed in Item 19 — impossible to validate actual profitability against $80K-$168K investment
- 02HIGHGoing Concern status is FALSE — suggests auditor raised substantial doubt about franchisor's ability to continue operations
- 03MEDModest unit growth of 10.5% YoY with only 42 total units indicates slow system expansion and limited brand momentum
- 04MINORHigh franchise fee ($54,500) represents 68% of minimum investment — aggressive upfront cost structure
- 05HIGHNo litigation disclosed may be incomplete; inability to verify franchisee satisfaction or dispute history
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 5 years |
| Territory type | zip codes |
| Protected territory | Yes |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| Termination notice | 30 days |
| Termination groundsℹ | 2 |
| Mandatory arbitration | Yes |
| Jury trial waiver | Yes |
| Governing law | Utah |
| Litigation count | 0 |
View Item 3 litigation summary
0 case reference(s): 1 pending, 0 settled.
Items 10, 11
Training & Operations
- Classroom training
- 18 hrs
- On-the-job training
- 47 hrs
- Training location
- On-site and corporate
- Site selection
- franchisee
- POS system
- Client Tether
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Client Tether
Item 20 · call current owners
Franchisee Contacts
25 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
PAINTER1 · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a PAINTER1 franchise?
The total investment to open a PAINTER1 franchise ranges from $80K – $168K, with an initial franchise fee of $55K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do PAINTER1 franchise owners earn?
According to Item 19 of the PAINTER1 FDD, the average gross sales per unit is $422K. The median is $334K. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is PAINTER1's franchise failure rate?
Based on SBA 7(a) loan data, PAINTER1 has a charge-off rate of 50.0% across 14 loans, meaning 50.0% of franchise loans were charged off. Charge-off rates are one proxy for franchise risk, though they do not capture all closures. This data comes from FOIA-sourced SBA lending records.
How many PAINTER1 franchise locations are there?
As of their most recent FDD filing, PAINTER1 has 42 total units in the United States, including 42 franchised units and 0 company-owned units. 7 new units were opened in the latest reporting year.
Is PAINTER1 a good franchise to buy?
FranchiseVerdict rates PAINTER1 as a D-grade franchise with a risk score of 75 out of 100, 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?
If you represent PAINTER1, you can request corrections or provide updated information.
Claim this brandOther Home Services franchises
Compare similar franchise opportunities in the Home Services category
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.