Established
1997
Franchise Units
41
Minimum Investment
$106,900
Franchise Fee
$49,500
Total Investment Range
$168,000
Home Based
No
Description
Color World Housepainting is a leading home services franchise that offers a comprehensive suite of residential and commercial services, including interior and exterior painting, power washing, gutter installation, minor drywall and carpentry work, and holiday lighting. Founded in 1997 by Tom Hodgson in Powell, Ohio, the company began franchising in 2016 and has since expanded across the United States. In January 2022, Color World Housepainting was acquired by Authority Brands, a Maryland-based company that provides home services in over 1,900 territories operated by more than 1,000 franchisees.
Color World Housepainting stands out in the residential and commercial painting industry because it offers many revenue streams to franchisees: power washing, gutter installation, minor drywall and carpentry work, and holiday lighting.This diverse service offering allows franchisees to generate multiple revenue streams year-round, enhancing customer satisfaction and providing increased earning potential and business stability.
Why Invest in this Franchise?
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Diverse Revenue Streams: The "five-in-one" business model allows franchisees to offer a variety of services, increasing customer retention and revenue potential.
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Low Initial Investment: With a total investment ranging from $106,900 to $168,000, Color World Housepainting offers a cost-effective entry into the home services industry.
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Comprehensive Training and Support: Franchisees receive extensive training and ongoing support in areas such as marketing, operations, and technology, ensuring they have the tools needed for success.
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Strong Brand Reputation: With over two decades of experience and a commitment to quality service, Color World Housepainting has established a trusted brand in the industry.
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Veteran and Minority Discounts: The company offers a 30% discount on the first franchise fee for honorably discharged American and Canadian veterans, as well as for minorities and women, promoting diversity and inclusion in franchising.
Background
Color World Housepainting was founded in 1997 by Tom Hodgson in Powell, Ohio. Tom Hodgson, a former firefighter and paramedic, started the company with a vision to provide high-quality, reliable painting services to homeowners and commercial clients.
The company began offering franchise opportunities in 2016, aiming to expand its footprint across the United States. Since then, it has grown steadily, helping entrepreneurs leverage the established brand and proven business model.
Established Year: 1997
Franchising Since: 2016
Founder: Tom Hodgson
Total Franchised Units: 41
Total Franchise Locations: 16
Company-Owned Units: 0
Parent Organization: Part of the Authority Brands family
Expansion Status: Actively seeking franchisees across the United States
Registration Availability: Registered in all states except Hawaii (HI), Maryland (MD), Virginia (VA), and Washington (WA)
Canada Franchises: Not available
International Franchises: Not available
Category: Home Improvement – Painting and Surface Coating
Support Training
Support & Training Provided
Ideal Candidate
- The Business Manager: Someone with a background in management, sales, or corporate leadership who understands how to follow a system and manage teams.
The Growth Mindset: Investors who are interested in multi-unit ownership and want to dominate a specific geographic territory.
The Community Connector: Individuals who are outgoing, friendly, and enjoy building relationships with local homeowners and business owners.
Veterans & First Responders: Color World is a supporter of veteran initiatives, offering significant discounts on the franchise fee to those with a military or first responder background.
Financial Detail
Required Cash Investment: $81,700
Estimated Total Investment: $106,900 to $168,000
Minimum Net Worth Requirement: $130,000
Franchise Fee Structure:
1 Unit: $49,500
2 Units: $84,500
3 Units: $108,405
Royalty Fee: 6%
Advertising Fee: 2% of monthly gross sales
Average Number of Employees: 0 to 2
Item 19 Available: Yes
Visa Candidates Accepted: Yes, E2 friendly
Passive Ownership Allowed: No
Home-Based Operation: Yes, no office required
B2B and B2C Opportunity: Yes
Master Franchise Opportunities Available: No
Veteran Discount Offered: Yes, 30% off the $49,500 franchise fee for the first unit
Diversity Discount Offered: $5,000 off the franchise fee for the first unit