LIME Painting

Love. Integrity. Mission. Excellence. is where we get our name and what makes us a unique custom paint company that does way more than just painting! We are a values-based, high-end, custom painting and contracting service provider that aims to set the standard high in client relations by consistently delivering exceptional services and a flawless customer experience.

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LIME Painting

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LIME Painting Franchise Cost and Requirements for 2024

Background

LIME Painting is a luxury painting, surface restoration, and home service franchise that serves residential and commercial properties.  We are a values-based, high-end painting and contracting service provider that aims to set the standard high in client relations by consistently delivering exceptional services and a flawless customer experience.
 
As we grow nationwide, our Franchise Owners are drawn to our vibrant culture, comprehensive business model, affordability, and potential for substantial returns. Our average job ticket is $26,921, significantly higher than the industry's average of $4,500, enabling our Owners to undertake 75% fewer projects than standard painting businesses.  This, along with 5x the average ticket size, recurring business, and a minimal-employee model, simplifies and scales the operation of a LIME Painting franchise.
 
The painting franchise market may be crowded, but we stand apart.  We exclusively target the upper 30% of the market, focusing on high-end homes and businesses. High-end properties often require more than just painting, so we provide over 40 unique services, educating our clients on enhancing their investment value. Our approach to luxury is defined by detailed preparation, processes, and product choices, all tailored to each project and client, ensuring long-lasting results.
 
Key Benefits:
  • High-end {niche} market with $26,921 average ticket, 5x industry average
  • Diverse Revenue Streams: Luxury Painting, Coatings, & Surface Restoration
  • 40+ Residential & Commercial services offered
  • Technology-driven business with our unique Visual Reality Consultation (VRC)
  • Corporate offers in-house estimating and proposal-building services
  • Values-driven culture with robust "give back" initiatives.
  • Utilizes subcontractor models with recruitment assistance
  • Owner-operator & Semi-Absentee models are available.
  • Operates as a home-based business
 
Competitive Advantages:
  1. Diverse Revenue Streams: Our services extend beyond painting to encompass coatings, stains, drywall repair, restoration, carpentry, and gutter work. With 40+ distinct services, we cater to the needs of high-end homeowners and businesses for both interior and exterior maintenance.
  2. Strong Financials: Our franchise model boasts impressive returns. In 2024, our Item 19 shows an AVG Annual Sales of $1,095,451, with an AVG Adjusted Earnings of 20%. This same year, our AVG Project Value is $26,921.
  3. Cost-Effective Setup: Franchise Owners can launch their business with an initial low investment ranging from $126,700 to $227,075 without needing immediate hiring as projects are executed by subcontracted crews. This setup minimizes overhead costs. Additionally, our home-based business model allows for a rapid ramp-up period of 30-90 days post-agreement signing.
  4. Subcontractor Partnership: We simplify operations for Owners by providing comprehensive training on subcontractor partnerships, eliminating the need to handle employee-related issues.
  5. Untapped Market: The luxury painting and contracting market is underserved, particularly among affluent clientele owning custom, high-end properties. We tap into this lucrative segment by maintaining high project standards and offering superior customer service.
  6. Streamlined Production Model: Our 10-step production model ensures consistency, reliability, and a seamless customer experience, fostering loyalty and generating profits from referrals and repeat business.
  7. Cutting-Edge Sales Software: LIMEWare, our state-of-the-art technology platform, is a centralized hub for franchise operations. From managing production and subcontractors to estimating and completing sales, Franchise Owners can rely on this mobile-based CRM for efficient business management.

Company Details

Established: 2014

First Unit Franchised: 2018

Franchised Units: 98

Company Owned Units: 2

Currently registered in all states, except: CA, MD, ND, SD, WA

Registration Pending:  HI, IL, IN, MN, NY, RI, VA, and WI

Canada Franchises: No

International Franchises: No

Support and Training Offered By LIME Painting

Financial Assistance Provided: Third party 
Site Selection Assistance: N/A
Lease Negotiation Assistance: N/A
Recruiting Assistance: Very Robust Support
Co-Operative Advertising: Where applicable

Training: LIME Elite Academy is our two-phase initial training program. Phase one is held at our headquarters in Denver, Colorado and consists of 4 business days where we review estimating, contracts, customer service, production, reporting, the sales process, subcontractors partnerships, marketing, and leadership. The second phase is done entirely online and is a fully comprehensive review of everything taught during phase one. Phase two must be completed within 60 days of the business opening.

2024 Franchise Requirements Needed to Own a LIME Painting Franchise.

What does a LIME Painting Franchise Cost?

LIME Painting franchise fees for 2024:

  • Total Investment: $126,700- $227,075
  • Minimum Net Worth: $150,000
  • Cash Investment: $50,000
  • Franchise Fee: Single Territory- $60,000
  • Royalty: 7% to 4%
  • Ad: Not Implemented Yet
  • Average Number of Employees: 2
  • Item 19: Yes
  • Visa Candidates: No
  • Passive Ownership: No
  • Semi-Passive Ownership: Yes 
  • Home Based: Yes
  • B2B: Yes
  • Master Franchise Opportunities: Yes
  • Veteran Discount: YES, $5,000 off initial franchise fee

Is LIME Painting a Semi Absentee Franchise with a Passive Ownership Opportunity?

Yes. LIME Painting is a semi absentee franchise and allows passive ownership. A semi-absentee franchise is a business you could start and run while still maintaining a job or other obligation.

Is LIME Painting a Home Based franchise?

Yes. LIME Painting is a home based franchise opportunity.

What Do LIME Painting Franchise Owners Make?

Click here to find out how much LIME Painting franchisees make. LIME Painting offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is LIME Painting a Master Franchise Opportunity?

Yes. LIME Painting is a master franchise opportunity. A master franchisee is responsible to recruit, train and support franchisees in their territory.

Does LIME Painting Offer a Veteran Discount?

Yes. LIME Painting franchise does offer a veteran discount.

Does LIME Painting Work with E2 Visa and EB-5 Visa Candidates?

Yes. LIME Painting franchise does work with E2 Visa and EB-5 Visa candidates.

Is LIME Painting Looking for Franchisees in Canada?

No. LIME Painting franchise is not looking for Canada franchisees.

Is LIME Painting Looking for International franchisees?

No. LIME Painting franchise is not looking for International franchisees.

Where can I see LIME Painting's FDD (Franchise Disclosure Document)?

Buying a Franchise Guide: What is a Franchise Disclosure Document?

When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.

Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.

Additional Information

Additional Categories

Home Services, Maintenance, Repair & Restoration, Non Food Franchises

Number of Units Open

50-100 UNITS

Cash Required

$50,000 - $100,000

Master Franchise

Yes

Passive Franchise

Yes

Home Based Franchise

Yes

Item 19 Franchise

Yes

Veteran Discount

No

B2B

Yes

Franchise Opportunities in Canada

No

International Franchise Opportunities

No

E2 Visa Franchise

Yes

LIME Painting Franchises for Sale

Click Here to inquire about existing LIME Painting franchises for sale. We may have LIME Painting franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.