Averan Painter1 Opening Package Offer
Averan Advisors gets the books and financial systems for a new Painter1 location ready before opening day, so your first month closes on time. The setup follows Painter1’s 2026 FDD and your franchise agreement.
The Painter1 opening package
Painter1’s 2026 FDD puts the cost to open one location at $80,270 to $168,380.
Averan helps Painter1 franchisees get their books and financial systems ready before opening, with a dedicated home improvement specialist.
- QuickBooks set up for Painter1’s reporting requirements.
- Build-out spending tracked against Painter1’s Item 7.
- Loan draw packages prepared for your lender.
- Scheduling, invoicing, payroll and bank feeds connected and tested before opening.
Book a 30-minute call to talk through your opening.
Owners who are already open can use the Painter1 conversion package.
What the Painter1 opening package includes
QuickBooks file
We build a QuickBooks file for your Painter1 location and connect every bank account and card to it.
Reporting format
We set up the chart of accounts so the books produce the monthly report Painter1 asks its owners for.
Analytics package
Each month we compare your results with the figures in Painter1’s 2026 FDD.
Budget tracker
We turn Painter1’s Item 7 estimate into your opening budget and record every opening cost against its line.
Loan draw packages
We prepare a file for each loan draw your lender asks for, including SBA loan draws.
Systems connected
We connect the job scheduling and invoicing system that Painter1 requires and your payroll to the books.
Tested before opening
Before your Painter1 location opens, we run one test day of invoices and one test payroll through the books.
Handoff to monthly
Your Painter1 royalty, brand fund and report due dates go on one calendar for the monthly close.
Timeline
- 1Kickoff5 business days
We hold a kickoff call and send the list of documents we need.
- 2Setup10 business days
We build the QuickBooks file and connect your accounts.
- 3Build-outEach month
We tag every payment to a line of Painter1’s Item 7 and prepare each loan draw.
- 4Systems45 days before opening
We test the point of sale, the other systems and payroll.
- 5Opening dayYour opening date
We match each day of sales to the deposits that follow it.
Painter1 figures from the FDD
Painter1’s 40 franchise outlets that operated at least six months of 2025 averaged $430,490 of gross sales, with a median of $329,416, according to Item 19 of Painter1’s 2026 FDD, issued 24 April 2026. Fees paid to Painter1 come to about 7.81%* of the average. A Painter1 franchise costs $80,270 to $168,380 to open.
The Painter1 initial franchise fee is $54,500, which is part of the Painter1 Item 7 estimate, according to Painter1’s 2026 FDD.
At the end of the last year that Item 20 reports, Painter1 had 1 franchise agreement signed for a location not yet open.
Send us to start
- Your signed Painter1 franchise agreement.
- Painter1’s current FDD.
- The Painter1 monthly report format and the software it uses.
- Your entity documents and EIN letter.
- Your lease, contractor bid and loan agreements.
Access we need
- Your payroll processor.
- The job scheduling and invoicing system.
- The Painter1 reporting portal.
- Your invoice and expense software.
- View access to your bank accounts and credit cards, with no power to move money.
Questions from Painter1 owners
Does Averan Advisors work with Painter1 owners?
Averan Advisors sets up and keeps the books for Painter1 owners, and the Averan franchise library has a breakdown of Painter1’s 2026 FDD with its fees, cost to open and Item 19 figures.
How does the Painter1 royalty show up in the books?
The Painter1 royalty is 7% of sales, according to Painter1’s 2026 FDD. We record it on its own line, so each month’s charge can be checked against your sales.
What does it cost to open a Painter1 franchise?
Painter1’s 2026 FDD estimates in Item 7 that opening one Painter1 location costs $80,270 to $168,380. We turn those Item 7 lines into your opening budget and track each payment against them.
What happens after my Painter1 location opens?
Your Painter1 books move to the Monthly Close, which closes each month and sends a profit and loss, a balance sheet and the royalty reconciliation. The QuickBooks file stays yours.
* Averan Advisors calculation from the figures in Painter1’s 2026 FDD.
Where to next
Talk to us about your Painter1 opening
Send the short form for the Painter1 opening package, or book a 30-minute call about your Painter1 location and your opening date.
Request the opening package → Book a 30-minute call