The painting franchise industry is thriving, and in this article, we'll uncover the top 5 painting franchises in 2023, delving deeper into their business models, unique selling propositions, drawbacks, and their strength as franchise opportunities.

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That 1 Painter: Progressive Innovation in Painting Franchise

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Overview

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  • Locations open: 50
  • Started franchising: in 2021
  • Ownership Type: Semi-absentee‍
  • Initial investment: $85,750 - $116,000

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Business Model
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Specializing in interior and exterior residential and commercial painting, That 1 Painter offers a holistic approach that includes scheduling, marketing, SEO, web design, and content creation, all handled by their parent brand, ResiBrands.

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What differentiates them
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Harnessing the power of ResiBrands, That 1 Painter provides franchisees with comprehensive support, allowing them to focus on customer experience and local networking.

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Any drawbacks
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Being a younger franchise compared to competitors, the brand still needs to establish itself more robustly in the market.

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Why a strong franchise
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Its leadership's commitment to franchisee success and strong reported financials make this painting franchise a promising venture.

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Lime Painting: A Luxury Approach to Painting Franchise

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Overview
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  • Locations open: 77
  • Started franchising: 2018
  • Ownership Type: Semi-absentee‍
  • Initial investment: $125,700-$201,075

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Business Model

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Lime Painting operates like the “Uber Black” of the painting franchise world, catering to high-end clients who seek quality craftsmanship and exceptional service, all backed by local artisans.

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What differentiates them

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Lime Painting's average ticket of around $10,000 allows owners to focus on fewer but more profitable projects, standing out in the painting franchise industry.

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Any drawbacks

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A strict focus on luxury painting may limit the revenue streams and market reach compared to other more versatile painting franchises.

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Why a strong franchise

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Strong financials, fewer projects needed, and repeat business make Lime Painting a strong franchise choice.

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CertaPro Painting: The Time-Tested Painting Franchise

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Overview

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  • Locations open: 450+
  • Started franchising: 1992
  • Ownership Type: Owner-operator
  • Initial investment: $155,750 - $302,500

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Business Model

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CertaPro is built on the need to paint North America’s aging housing stock every three to seven years, becoming the largest painting franchise nationwide.

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What differentiates them

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CertaPro's long-standing experience and growing revenue from commercial painting, along with national marketing exposure, differentiate them in the painting franchise landscape.

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Any drawbacks

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Limited available territories and full-time working requirements may deter some investors from this painting franchise opportunity.

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Why a strong franchise

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With the largest brand presence, strong financials, and low overhead costs, CertaPro remains a strong franchise investment.

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WOW 1 Day Painting: Disrupting the Painting Franchise with Speed

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Overview

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  • Locations open: 69
  • Started franchising:  2011
  • Ownership Type: Semi-absentee‍
  • Initial investment: $67,000-$134,500

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Business Model

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WOW 1 Day Painting promises quality painting in a single day, focusing on projects that can be completed quickly without compromising on quality.

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What differentiates them

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Backed by experienced brand builders, WOW 1 Day Painting is reinventing the industry with professionalism and an efficient system that delivers timely results.

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Any drawbacks

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Focusing only on one-day projects may limit opportunities for larger, more lucrative contracts within the painting franchise market.

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Why a strong franchise

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Offering the lowest initial investment, and backed by O2E Brands (parent to 1-800-GOT-JUNK?), WOW 1 Day Painting offers an innovative entry into the painting franchise industry.

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Groovy Hues: A Technologically Advanced Painting Franchise

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Overview

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  • Locations open: 69
  • Started franchising: 2022
  • Ownership Type: Semi-absentee‍
  • Initial investment: $254,943 - $465,897

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Business Model

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Groovy Hues leverages technology, such as 3D software and a color visualizer, to revolutionize customer experience and project execution in the painting franchise industry.

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What differentiates them

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Their investment in backend systems, marketing, and technology differentiates them from traditional painting franchises, providing robust support to local locations.

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Any drawbacks

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Being the youngest franchise with the highest initial investment might pose challenges, especially for first-time franchisees.

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Why a strong franchise

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Backed by Horsepower Brands and offering room for growth across other brands, Groovy Hues presents an opportunity for those looking to invest in a modern painting franchise.

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The painting franchise industry offers diverse opportunities for aspiring entrepreneurs. Understanding the unique aspects, potential drawbacks, and reasons for strength within these top painting franchises can guide investors to make informed decisions that align with their goals. Whether appealing to luxury markets or embracing technological innovation, these painting franchises provide versatile and promising paths to success in 2023.

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