Color World Housepainting
The total investment to open a Color World Housepainting franchise ranges from $112,000 to $150,000. The initial franchise fee is $49,500.
What is the Color World Housepainting franchise?
Color World Housepainting is a home services franchise offering painting, power washing, gutter installation, holiday lighting, and minor carpentry. Its operational roots date to 1993, and Tom Hodgson formally established the company in 1997 around residential and commercial painting. Headquartered in Powell, Ohio, the brand began franchising in 2016 and has expanded to 45 to 51 franchised locations across 11 states: Alabama, Colorado, Florida, Indiana, Kentucky, Michigan, North Carolina, Nebraska, New York, Ohio, and Texas. On January 12, 2022, Authority Brands, a home services company based in Columbia, Maryland and led by CEO Rob Weddle, acquired Color World Housepainting as its eleventh brand and its ninth acquisition since October 2018. Chris Ring is identified as CEO of Color World Painting after the acquisition. The global painting and wall covering contractors market reached $222.71 billion in 2023. These figures provide market context, but buyers must determine whether this brand can capture demand profitably and at scale.
The painting and wall covering contractors market grew from $216.31 billion in 2022 to $222.71 billion in 2023, a 3.0 percent compound annual growth rate. It reached $222.86 billion in 2024 and is projected at $229.73 billion in 2025, with a 3.1 percent compound annual growth rate, $237.54 billion in 2026, with a 3.4 percent compound annual growth rate, and $243.41 billion in 2027. Forecasts place the market at $266.01 billion by 2029 and $276.33 billion by 2030, with a 3.9 percent compound annual growth rate in that final period. The broader United States home improvement industry exceeds $110 billion annually. Consumer spending on home improvements is projected to rise by approximately 2 percentage points on average through 2025. Homeowners aging in place, remote and hybrid work, housing shortages, property values, and demand for improved living spaces support ongoing maintenance and renovation. The sector remains fragmented among sole proprietors and small regional operators, while demand is growing for eco friendly coatings, customized decorative finishes, energy efficient wall solutions, and compliance with changing health and safety standards. Color World Housepainting addresses this market through five revenue streams under one franchise operation.
The initial franchise fee is $49,500. Qualifying military veterans may receive a discount that reduces the fee to $34,650 to $46,200. Estimated initial investment ranges from $106,900 to $168,000, with a cited entry figure of $112,000 within that range. The home based format avoids traditional build out, real estate lease obligations, and related construction timelines. By comparison, the average service based home improvement franchise requires total initial investment well above $200,000 when location dependent formats are included. Minimum liquid capital is $40,000. Working capital is estimated at $20,000 to $50,000, and certain disclosure contexts reference an $80,000 liquidity threshold. Minimum net worth is $100,000. Ongoing fees include a 6 percent royalty and a 2 percent advertising fund contribution, for total fees of 8 percent of gross revenue before operating costs. The agreement lasts 10 years, with a renewal option for another 10 years. Authority Brands may support financing access through its scale and history across eleven home service brands, though PeerSense is not a lender and does not approve or provide loans. The home based structure and veteran discount may reduce some launch costs.
Franchisees manage the business rather than perform the field work, so prior painting experience is not required. Professionally vetted, background checked subcontractors handle painting, power washing, gutter installation, holiday lighting design and installation, and minor drywall and carpentry work. The owner estimates jobs, manages crews, maintains client relationships, and uses proprietary Customer Relationship Management software to prepare computerized estimates on site. Standard hours are Monday through Friday, 7:30 a.m. to 4:30 p.m. As volume grows, the model calls for one office support employee for every three to four full time crews. A national call center operates 24 hours a day, seven days a week to capture leads and schedule estimates. Training includes six weeks of online preparation and two weeks of in person instruction at corporate offices, combining classroom work with on the job experience. Corporate support covers search engine optimization, pay per click advertising, social media, websites, local listings, reputation management software, and a direct mail template for high end homeowners in the exclusive territory. Partnerships with Sherwin Williams and PPG provide product access and supplier marketing support. As of December 2025, 26 franchise owners collectively operated 85 territories.
Subcontractor labor often accounts for 40 to 55 percent of revenue in painting and home improvement businesses, depending on wage rates and job mix. Buyers should speak with current operators and request the current Franchise Disclosure Document before investing.
Color World Housepainting has grown since franchising began in 2016. At the Authority Brands acquisition in January 2022, the system had 20 franchise locations. The 2024 Franchise Disclosure Document reported 45 franchised locations, while other figures showed 46 total units and 51 units in active operation. In 2023, 12 new units opened. As of December 2025, 26 franchise owners operated from New York to California across 85 active territories, making territory count a more useful measure of the revenue footprint than owner count. The Southern region led with 25 franchise locations. Authority Brands added centralized marketing, shared technology, executive experience across eleven home service brands, and national supplier negotiations. The five service model supports cross selling and per customer revenue opportunities. Other differentiators include color consultation, proprietary on site estimating software, partnerships with Sherwin Williams and PPG, and an 8 consecutive year Consumers Choice Award record. The Charlotte location held an A plus Better Business Bureau rating, with strong overall BBB standing. Corporate support also includes digital marketing, search engine optimization, and online reputation management.
The preferred candidate is a business manager, sales oriented operator, or entrepreneur with organizational and people management skills, rather than a painter. The owner directs subcontractors, manages clients, and grows the service business through established processes. Painting, construction, or home improvement experience is not required. Six weeks of online preparation and two weeks of in person instruction are intended to address operational gaps within an eight to twelve week period from signing to first revenue. Multi unit ownership is encouraged. The 26 owners operating 85 territories represent roughly 3.3 territories per owner, indicating a model built for territory expansion rather than only single unit operation. Current activity spans Alabama, Colorado, Florida, Indiana, Kentucky, Michigan, North Carolina, Nebraska, New York, Ohio, and Texas, with the Southern region holding the highest concentration. The agreement provides an initial 10 year term and a renewal option for another 10 years, creating a potential 20 year operating period in an exclusive territory. Buyers should assess housing density, median home values, and local competitors before selecting a territory.
Color World Housepainting merits structured due diligence for buyers considering the home services sector. The opportunity combines a market projected to reach $276.33 billion by 2030, a home based model with estimated initial investment of $112,000 to $168,000, Authority Brands support, an average of roughly 3.3 territories per franchise owner, 141 percent revenue growth in 2020, 12 new units opened in 2023, and five service offerings. Its Loan Activity Score is 39, categorized as Fair. PeerSense offers independent franchise research, including SBA lending history, Loan Activity Score, location maps with Google ratings, FDD financial data, and comparison tools. Buyers can use that information alongside franchisee interviews, territory analysis, and review of the current Franchise Disclosure Document.
Loan Activity Score
39/100
SBA Default Rate
35.0%
Active Lenders
6
According to its Franchise Disclosure Document or public business records, Color World Housepainting has 11 locations, all owned by franchisees. Public SBA loan records show 6 lenders made 20 loans to franchisees of Color World Housepainting. PeerSense calculates Color World Housepainting's score as 39 out of 100, using public SBA loan performance and recent lending activity. Cost figures are based on the 2023 Franchise Disclosure Document.
Franchising since 2023 · 11 locations
$112,000 to $150,000
$49,500
11
11 franchised
Proprietary PeerSense metric
FairDistinct lenders in public SBA records for Color World Housepainting
20
Total SBA loans
$140K
Average loan size
Source: public SBA 7(a) and 504 loan records through December 31, 2025
Referral fee at closing
SBA Lending Activity for Color World Housepainting
Loan Activity Score Breakdown
Growing (10 to 24 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
35.0%
vs 9.4% peer avg
SBA Loans
20
Total Volume
$2.8M
Active Lenders
6
1 selective
States
11
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 Color World Housepainting based on SBA lending data
SBA Default Rate
35.0%
25.6% above peer avg
SBA Loan Volume
20 loans
Across 6 lenders
Lender Diversity
6 lenders
Avg 3.3 loans per lender
Investment Tier
Mid range investment
$112,000 to $150,000 total
Color World Housepainting: 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
2019
6 approvals. The best year on record for Color World Housepainting.
Top SBA State
Texas
4 SBA financed Color World Housepainting locations, the densest operator footprint.
Average Loan Size
$140K
Median $150K. Use as a sizing anchor when modeling your own Color World Housepainting unit.
Lender Concentration
80%
Concentrated
Share of Color World Housepainting approvals captured by the top 3 SBA lenders.
Color World Housepainting's SBA lending pipeline peaked in 2019 (6 approvals). The last five fiscal years account for 45% of cumulative volume ($1.2M approved). Operator density is highest in Texas with 4 SBA financed locations. Average funded ticket sits at $140K, with the median at $150K. Lender mix is concentrated: the top three SBA lenders account for 80% of approvals. Credit decisions concentrate with a small group of incumbents.
Payment Estimator
Estimated Monthly Payment
$1,159
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
Color World Housepainting, unit breakdown
Explore Funding for Color World Housepainting
Our business financing consultants help connect you with the right lending partners. Referral fee paid at closing.
Or get an instant analysis
Scan Your Deal Instantly1 FDD Available for Color World Housepainting
Review franchise fees, investment ranges, royalties, Item 19 financial data, and year over year trends. Request complimentary access through your PeerSense funding advisor.
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