A composition for applying to a variety of surfaces to impart dry erase properties to a substrate surface. A single component paint applied to a substrate surface by aerosol spray, brush, or roller. Currently factory applied, baked on finishes and two-part coating systems are available, but a standard single component paint formulated to withstand the penetration of dry erase markers and cleaners is not in use. Further, an endless number of colors can be produced through the addition of the appropriate pigment to the dry erase paint formulation.