Why Painting is the Best Niche in the Home Improvement Industry
A quick look around in any given neighborhood makes one thing obvious: the home improvement industry is booming. From landscaping projects aimed at improving curb appeal, to paint touch-ups, to huge home extensions and remodels, the common drive to update and upgrade the home is undeniably widespread. It only makes sense that many individuals are now on the lookout for a home improvement opportunity to invest in.
While the entire home improvement industry is growing by the day, it’s difficult to find a home improvement opportunity as lucrative as the painting niche. Not only does painting fall within the fast-growing home improvement industry, but it’s also in demand among business owners and facilities managers who are looking to improve the appearance of their commercial space. With impressive sales projections and widespread demand, the painting industry offers an excellent home improvement opportunity where you can find the growth and flexibility you’ve been dreaming of.
Take advantage of a lucrative home improvement opportunity with a painting franchise.
Lowest Franchise Fee
Starting at $49,500
Declining Royalties
5% / Declining
Lowest Brand Development Fund
2% national brand development fund
Powerful Software
On-site quoting software, automated sales processing included
Built-In CRM
Automated communications / reporting
No Local Restrictions
No exclusivity on territories
And best of all....
Franchise System Ownership
When you become part of the Painter1 family, you own a piece of the franchise system overall!
The Home Improvement Industry
Painting falls within the extremely lucrative and quickly-growing home improvement industry . A $405 billion industry, home improvement saw huge escalation between 2010 and 2020, with even further accelerated growth since the onset of COVID-19. With the real estate market booming and the competition in many areas keeping people from seeking upgraded homes, or settling for older houses, many homeowners have found renewed motivation for improving their own homes.
From DIY projects and new gardening hobbies to large renovations, individuals across the nation have spent time and money updating and upgrading their homes in the last few years at amazing rates.
Working within the home improvement industry provides the fulfillment of knowing you’re improving your community, one building or home at a time. Refreshing the look and feel of a business or helping a family personalize their new home can have tremendous positive impacts.
We'll help you achieve success, gain your freedom, find more time and grow your financial security within your own home improvement opportunity.
Step into a thriving industry with the best branding, marketing materials, coaching, software, tools and technologies available.
Step into a thriving industry with the best branding, marketing materials, coaching, software, tools and technologies available.
Painting
Between the years 2010 and 2020, the painting industry saw ongoing demand that drew an expected 38.5% growth in painting professionals 1 . Since then, the industry has continued to steadily grow, with demand fueled by both homeowners and commercial specialists. Home and business improvement projects of all sizes almost always include painting:
- A family looking for a low-budget way to make their new home feel like their own,
- a business owner is working to update their space,
- an individual is completely flipping a house.
…Each of these projects require a high-quality paint job.
Commercial painting is highly in-demand as workers begin to return to offices and storefronts see higher traffic than the last few years have brought. Business owners know the economic benefits of keeping their storefronts and main offices looking fresh and professional, and in some areas, this requires fairly frequent repainting. Both external and internal painting is crucial for a competitive edge.
In addition to a healthy level of demand, painting is a wise home improvement opportunity because of the relatively low overhead and minimal up-front costs. For example, becoming a Franchise Owner with Painter1 requires a franchise fee of only $49,500 with a declining royalties model and a 10% Franchise Owner equity pool.
With no need for a physical office or store space, ongoing overhead remains extremely low. With a great business plan and the right support, running a painting business can be a fulfilling and financially rewarding home improvement opportunity.
Franchising with Painter1
The home improvement industry is booming, and painting is one of the most lucrative home improvement opportunities available. However, starting a painting business can still come with its own set of risks and require substantial trial and error without the right preparation and business planning. Especially for those who haven’t run their own business before or who seek a bit more structure and support, becoming a Franchise Owner can be a wonderful path for taking advantage of this smart home improvement opportunity .
Becoming a Franchise Owner with Painter1 takes the guesswork out of investing in the painting industry. With up-front training from experienced and successful Franchise Owners, you’ll begin your business journey with the applicable knowledge you need:
- Receive ongoing support in the form of marketing materials, a mentorship program and cutting-edge software
- Work efficiently with a built-in CRM to streamline your communications and reporting
- Utilize powerful software for on-site quoting and automated sales processing.
Together with the Painter1 dedication to your fulfillment, you’ll be set up to make the most of this home improvement opportunity.
Ready to invest in the thriving painting industry? Inquire to learn more!