Lime Painting is the ONLY painting franchise that focuses solely on high-end homes and businesses that are valued within the top 30% of the market. They do both interior and exterior. Typically, high-end properties need more than just a coat of paint, which is why they offer 40+ distinct services all while educating clients on options to maximize the value of their investment. Their luxury approach revolves around our meticulous prep, process and product selection which are unique to each project and client as we execute a tailor-made result that lasts the test of time. Lime actually stands for Love, Integrity, Mission, and Excellence.
History
Founded in 2013
Started Franchising in 2018
No parent companies
Numbers
Corporate Owned Territories: 3
Franchise Units: 79
Franchise Fee: $60,000
Royalty: 7%-4%, sliding scale down
National Marketing Fee: up to 3%, but could be less depending on your sales
Total Investment Range: $126,700 - $227,075
Term: 10 years
**Numbers according to their FDD released on April 29, 2024.
Benefits for the Franchisee
Multiple Revenue Streams: In addition to painting, they also can do various coatings, stains, drywall repair, restoration, carpentry, and gutters.
Low Cost, Low Overhead, Quick Ramp-Up: All projects are completed by subcontracted crews. These crews supply all inventory including paint and equipment keeping overhead to a minimum. Also, they are a home-based business, allowing for a quick ramp-up time of 30-90 days after signing an agreement!
Semi-Absentee Ownership - While they have only been franchising for about 5 years, they have had owners start as semi-absentee on day 1 and be successful.
High Ticket Projects - The average job is over $25K and the highest one was almost $200K!
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