- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$106K - $156K
- Units as of 2021
-
4 100.0% over 3 years
Teaberry Painting is a residential and commercial painting franchise headquartered in Galveston, Texas. After over 20 years in the industry, the company has expanded its list of services to include drywall repairs, carpentry services, gutter cleanouts, and window washing. Teaberry Painting began franchising in 2020.
Teaberry Painting began with the founder Glen Morrison as he left the U.S. Marine Corps, where he served for six years. During this time, Morrison earned his bachelor’s and master’s degrees in business from Colorado State University. Morrison then joined a Fortune 50 company and learned about accounting, marketing, software, and management. Putting that knowledge to work, Morrison built Teaberry Painting, which now completes over 300 paint jobs a year.
Why You May Want To Start a Teaberry Painting Franchise
If you’re looking for a business opportunity that combines personal fulfillment and exceptional customer service, Teaberry Painting could be one of your better options. Existing franchisees report that the brand is not all about painting, but also operations management and result-oriented performance. This is all part of a strategy that has worked for the company since its founding in 2005.
Opening a Teaberry Painting franchise may offer a more predictable outcome than investing in a completely new brand that could struggle to thrive in an already crowded and competitive industry. Home interior and exterior painting are undoubtedly some of the most common home improvement jobs Americans are willing to pay for. Teaberry Painting is looking to take advantage of this market and provide much-needed services to various communities.
What Might Make a Teaberry Painting Franchise a Good Choice
The Teaberry Painting corporate office provides full support to franchisees, including territory selection, initial training, and proprietary software, among others. You can also take advantage of the brand’s buying power, thanks to its established pool of approved vendors for key supplies and services. You may also be given a dedicated team to help you market your new business and operate your new business as you move forward.
To be part of the Teaberry Painting team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.
How To Open a Teaberry Painting Franchise
As you decide if opening a Teaberry Painting franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a Teaberry Painting franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.
Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the Teaberry Painting franchising team questions.
Company Overview
About Teaberry Painting
| Industry | Home Improvement |
|---|---|
| Related Categories | Painting |
| Founded | 2005 |
| Leadership | Glen A. Morrison, President |
| Corporate Address |
527 21st St., #89 Galveston, TX 77550 |
| Social |
Business Overview
| Franchising Since | 2020 (4 years) |
|---|---|
| # of employees at HQ | 4 |
| Where seeking |
This company is offering new franchises in the following US states: Arizona, Colorado, Kansas, Nebraska, New Mexico, Oklahoma, Texas |
| # of Units | 4 (as of 2021) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Teaberry Painting franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
|
Initial Franchise Fee
|
$49,500 |
|---|---|
|
Initial Investment
|
$105,875 - $156,265 |
|
Cash Requirement
|
$70,000 |
|
Veteran Incentives
|
10% off franchise fee |
|
Royalty Fee
|
5% |
|
Ad Royalty Fee
|
2% |
|
Term of Agreement
|
5 years |
| Is franchise term renewable? | Yes |
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
| On-The-Job Training | 8 hours |
|---|---|
| Classroom Training | 40 hours |
| Ongoing Support |
Purchasing Co-ops
Meetings & Conventions
Online Support
Security & Safety Procedures
Field Operations
Franchisee Intranet Platform
|
| Marketing Support |
Co-op Advertising
Ad Templates
Regional Advertising
SEO
Website Development
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | Yes |
|---|---|
|
Can this franchise be run from home/mobile unit?
|
Yes |
|
Can this franchise be run part time?
|
No |
| # of employees required to run | 3 |
|
Are exclusive territories available?
|
Yes |
Sign Up for Our Franchise Newsletter
Stay up to date on the latest news and trends affecting the franchise industry.
Related Franchises
Are you eager to see what else is out there? Browse franchises that are similar to Teaberry Painting.
N-Hance Wood Refinishing
- description
- Cabinet and floor refinishing and color changes, cabinet door replacement, organizational solutions
Related Franchise Content
Catch up on the latest franchise news, trends, and more.
From Pups to Profits — These Are The Top Pet Franchises For 2024
From dog training to traditional grooming to swanky pet spas, explore the highest-ranking pet franchise opportunities and tap into the thriving pet industry.
These 5 Bad Habits Are Hurting Your Business — Here's How to Break Them
When you develop these negative habits, it can severely impact work performance and, because the behavior has become so routine, you may not even realize the harm you're causing. Here's how to tackle these 5 bad business habits head-on.
Franchising Is Not For Everyone. Explore These Lucrative Alternatives to Expand Your Business.
Not every business can be franchised, nor should it. While franchising can be the right growth vehicle for someone with an established brand and proven concept that's ripe for growth, there are other options available for business owners.
How Investing in This Unorthodox Business Strategy Can Produce Strategic Results
Going against the grain of conventional thinking can often lead to significant business wins. At Anago Cleaning Systems, leaning into one factor during economic downturns has proven a sucessful long-term strategy.
Transforming Your Passion Into Impact — Discover the Top 15 Franchises Shaping Children's Futures
Looking to make a real impact in kids' lives while running a successful business? Check out the top 15 children's franchises, according to the 2024 Franchise 500.
Are Franchises in the Clear After the Expanded Joint Employer Rule Was Struck Down? Industry Experts Answer 2 Critical Questions About What's Next.
Despite franchise industry successes in Congress and federal court, the expanded Joint Employer Rule is not completely dead. The IFA will outline its current status in a webinar on April 23.
