360 Painting
The total investment to open a 360 Painting franchise ranges from $112,350 to $196,000. The initial franchise fee is $65,000. Ongoing royalties are 6% plus a 2% advertising fee.
What is the 360 Painting franchise?
360 Painting is a residential and commercial painting franchise serving the painting and wall covering contractors industry. The company was founded in 2005 by Paul Flick, who remains CEO. Its headquarters are listed in Charlottesville, Virginia, although some records identify Coppell, TX. 360 Painting is the flagship brand of Premium Service Brands, or PSB, a parent company that supports multiple home services franchises. The brand began franchising in 2006, with some reports citing 2007. Its 2025 Franchise Disclosure Document reports 211 US franchises. Other recent sources cite 200 total units, over 160 locations, more than 150 locations, and 143 total units. PeerSense's independent database records 62 total units and 94 franchised units. The company emphasizes quality, professionalism, and customer service. Services include interior and exterior painting, garage floor coatings, concrete staining, wallpaper removal, and drywall repair. It also mentions PPG Paints and Benjamin Moore in connection with product access and technology. The US painting and wall covering contractors market generates approximately $25 billion annually across around 35,000 establishments. 360 Painting has been recognized as the number one paint franchise for two consecutive years. It moved 115 spots on Entrepreneur magazine's Franchise 500 list, reaching No. 265 overall in 2019 and 2020. PeerSense provides independent analysis for buyers assessing the brand, its market, and its operating model.
The global painting and wall covering contractors market was estimated at $222.86 billion in 2024. It is projected at $229.73 billion in 2025, reflecting a compound annual growth rate, or CAGR, of 3.1%. The market is projected to reach $237.54 billion in 2026 at a CAGR of 3.4%, $266.01 billion by 2029 at a CAGR of 3.7%, and $276.33 billion by 2030 at a CAGR of 3.9%. The house painting and decorating contractors segment was valued at $18.6 billion in 2022 and grew 3.8% from 2017 to 2022. Painting is part of the broader home services industry, valued at $506 billion, and the home improvement industry, estimated at $300 billion. The paints and coatings market is projected to reach $196.6 billion by 2026, with a CAGR of 5.1% from 2021 to 2026. The global wall covering market is forecast to reach approximately $55 billion by 2033, growing at a CAGR of 3.61% from 2025 to 2033. Demand is supported by residential renovation, aesthetic interior improvements, and expanding wall covering choices. Commercial use of decorative finishes, eco friendly wall materials, customized decorative coatings, advanced application technologies, large commercial refurbishment projects, and durable, low maintenance wall solutions are also cited as growth factors. Construction and real estate activity, home remodeling, changing design preferences, property maintenance, and demand for new housing support the need for professional contractors. The market includes many smaller establishments, while national recognition, professional systems, consistent service quality, health and safety practices, digital marketing, online presence, innovative application methods, energy efficient coverings, and home refurbishments may help organized franchise systems compete.
The initial franchise fee is $65,000. Older information from 2019 listed a $60,000 fee. Military veterans and first responders receive a 10% discount on the initial fee. Recent FDDs report an estimated initial investment from $101,350 to $145,000. Other reported ranges include $125,000 to $196,000 based on the 2025 FDD, $112,350 to $196,000 updated December 2025, and $103,850 to $147,500. PeerSense's independent database reports an initial investment range from $102,100 to $268,200. The investment covers the franchise fee, equipment, initial marketing, and working capital. The reported range is below the sub sector average maximum of $173,668. Franchisees must show at least $50,000 in liquid capital, while some sources cite $50,000 to $75,000. The stated net worth requirement is $150,000. Ongoing fees include a royalty of 6% of gross sales and a minimum weekly royalty of $150. The investment is described as a mid tier opportunity with lower capital requirements than premium, high overhead concepts. PSB provides corporate support, resources, and strategic guidance. The fee discount for veterans and first responders may also be relevant when reviewing financing options.
The operating model is designed for owners who manage sales, marketing, clients, and the business while subcontractors perform the painting work. Prior painting experience is therefore not required. The model is structured around low overhead and may be launched from a home based operation, reducing real estate and facility costs. Initial training generally lasts three weeks and includes onboarding, virtual sessions, and a hands on week at the Charlottesville, Virginia headquarters. Training covers sales techniques, recruiting employees and subcontractors, marketing, daily operations, vendor relationships, painter relations, and product knowledge. The stated goal is to prepare owners to launch and grow their businesses from the start. Ongoing support includes corporate back office assistance, operational, sales, and marketing guidance from PSB, proprietary business management software, cost and supply estimating tools, and recruiting guidance. The system also provides a national branding strategy, a dedicated contact center, and a national advertising fund. Franchisees can work with experienced business coaches and contact the home office or assigned coach for support. Each franchisee receives an exclusive territory intended to prevent another 360 Painting location from opening nearby. In 2019, CEO Paul Flick described a strategic focus on multi unit expansion. The model is suited to an owner operator with management and sales experience who delegates the physical labor.
Another source citing that FDD reported $597,781, compared with a sub sector average of $702,994. PeerSense's Loan Activity Score is 62, classified as Moderate.
360 Painting began franchising in 2006, although some sources cite 2007. In 2019, the network had 85 franchisees across 34 states and two Canadian provinces. That year, 48 new owners joined and 46 new locations opened, bringing the network to more than 121 franchises across the United States and Canada by 2020. The 2025 FDD reports 211 US franchises. Other sources report 200 total units, over 160 locations, more than 150 locations, and 143 total units. PeerSense's database records 62 total units and 94 franchised units. Paul Flick expected 40 new franchisees by the end of 2019 and described multi unit expansion as a strategic priority. The brand was named the number one paint franchise for two consecutive years. It also moved 115 spots on Entrepreneur magazine's Franchise 500 list after debuting in 2017, receiving the No. 1 painting franchise designation and a No. 265 overall ranking in 2019 and 2020. It appeared on Franchise Times' Top 200 list for three consecutive years, recognizing growth over an 18 month period. Its customer first model centers on quality, professionalism, and customer service. Product relationships involving PPG Paints and Benjamin Moore are described as providing access to products, technology, and pricing. Low overhead, a home based launch option, national branding, a contact center, a national advertising fund, and exclusive territories support the operating model. Those territories typically include at least 30,000 households with incomes above $75,000 and a population of at least 300,000. As PSB's flagship brand, 360 Painting receives corporate support, shared resources, and strategic guidance across multiple home services franchises.
The intended franchise owner is generally a business manager focused on sales, marketing, client relationships, operations, and team development. Subcontractors perform the painting work, so hands on painting experience is not required. No specific multi unit requirement is stated, although Paul Flick's 2019 strategy emphasized multi unit expansion and encouraged successful owners to grow their portfolios. 360 Painting accepts inquiries from Alabama, Alaska, Arizona, Arkansas, Colorado, Connecticut, Delaware, District Of Columbia, Florida, Georgia, Idaho, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Vermont, Virginia, West Virginia, Wisconsin, and Wyoming. The broad availability creates opportunities for development in varied regions. A franchisee receives an exclusive territory generally containing at least 30,000 households with incomes above $75,000 per year and a population of at least 300,000, providing a defined customer base and limiting nearby internal competition.
Loan Activity Score
62/100
SBA Default Rate
13.0%
Active Lenders
19
According to its Franchise Disclosure Document or public business records, 360 Painting has 153 locations, all owned by franchisees. Public SBA loan records show 19 lenders made 108 loans to franchisees of 360 Painting. PeerSense calculates 360 Painting's score as 62 out of 100, using public SBA loan performance and recent lending activity. Cost figures are based on the 2026 Franchise Disclosure Document.
Franchising since 2005 · 153 locations
$112,350 to $196,000
$65,000
153
153 franchised
Proprietary PeerSense metric
ModerateDistinct lenders in public SBA records for 360 Painting
108
Total SBA loans
$162K
Average loan size
Source: public SBA 7(a) and 504 loan records through December 31, 2025
Referral fee at closing
SBA Lending Activity for 360 Painting
Loan Activity Score Breakdown
Major Brand (100+ loans)
Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.
Blended default rate (recent + all time) compared to NAICS sector peers.
Quality lenders actively backing this brand, with penalty for lender pullback.
FDD availability, Item 19 disclosure, and overall data completeness.
Geographic spread of SBA funded locations across states.
SBA Lending Performance
SBA Default Rate
13.0%
vs 7.0% peer avg
SBA Loans
108
Total Volume
$17.5M
Active Lenders
19
5 selective
States
35
vs. SBA Sector Average
SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for 360 Painting based on SBA lending data
SBA Default Rate
13.0%
6.0% above peer avg
SBA Loan Volume
108 loans
Across 19 lenders
Lender Diversity
19 lenders
Avg 5.7 loans per lender
Investment Tier
Mid range investment
$112,350 to $196,000 total
360 Painting: Deep SBA Data
Brand specific metrics derived directly from SBA 7(a) approval records: peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.
Peak SBA Year
2020
23 approvals. The best year on record for 360 Painting.
Top SBA State
Texas
18 SBA financed 360 Painting locations, the densest operator footprint.
Average Loan Size
$162K
Median $150K. Use as a sizing anchor when modeling your own 360 Painting unit.
Lender Concentration
84.3%
Concentrated
Share of 360 Painting approvals captured by the top 3 SBA lenders.
360 Painting's SBA lending pipeline peaked in 2020 (23 approvals). The last five fiscal years account for 48% of cumulative volume ($9.9M approved). Operator density is highest in Texas with 18 SBA financed locations. Average funded ticket sits at $162K, with the median at $150K. Lender mix is concentrated: the top three SBA lenders account for 84.3% of approvals. Credit decisions concentrate with a small group of incumbents.
Payment Estimator
Estimated Monthly Payment
$1,163
Principal & Interest only
Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.
Locations
360 Painting, unit breakdown
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Page Review
Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense
- PeerSense is a capital advisory firm that places commercial financing with direct capital sources; it does not lend, fund, or approve loans, and the capital source sets final terms.
- Edward L. Freeman founded PeerSense in January 2020.
- He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
- His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
- In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page
Last reviewed LinkedIn profileAbout Edward Freeman