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 2022

Background

15 Revenue Streams: The services we provide are not just paint based, we are also experts in various coatings, stains, drywall repair, restoration, carpentry, and gutters. Our revenue streams include everything a high-end homeowner or business would need to maintain the perfect interior and exterior.

Strong Economics: Our concept offers unlimited potential to generate strong returns. In 2017, our average Gross Revenue was $2,168,435 with a Gross Profit of $455,897! Additionally, we have seen an average of 60% year-over-year sales increases since inception due to our turnkey business model.

Low Cost, Low Overhead, Quick Ramp-Up: Franchise Owners can start their business for $90,000 and initially do not need employees as all jobs are completed by subcontracted crews. These crews supply all inventory including paint and equipment keeping overhead to a minimum. Also, we are a home-based business, allowing for a quick ramp-up time of 30-90 days after signing an agreement!

Subcontractor Partnership Model: No need for our Owners to wrestle with the hassles of employees. We teach them how to qualify, partner, onboard, and retain subcontractors through our proven and effective subcontractor partnership training.

Niche Market: The high-end, luxury painting and the contracting market are extremely underserved. Our affluent clientele own custom, high-end homes, and businesses that are valued at $1 Million or more. Meaning, we follow strict project minimums and only use high-quality products while offering the best customer service.

10-Step Production Model: Our production model is designed to create a consistent and reliable service with an easy, enjoyable, and refreshing customer experience. Not only does this simplify the business for the Franchise Owner, but it also allows them to build loyalty with their customers and generate strong profits from their referrals and repeat business.

State-Of-The-Art Sales Software: Our technology platform, LIMEWare, creates a hub for all things related to owning and operating a LIME franchise. With LIMEWare, Franchise Owners can rely on a centralized mobile-based platform to gain insight and manage the ins and outs of their business. This encompassing CRM includes everything an Owner would need in terms of production and subcontractor management, estimating and pricing custom scopes of work, completing sales, and more!

Company Details

Established: 2014
First Unit Franchised: 2018
Franchised Units: 15
Company Owned Units: 2
States Registered In: We are currently registered in all states aside from SD, ND, WA
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: N/A
Co-Operative Advertising: N/A

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.

2022 Franchise Requirements Needed to Own a LIME Painting Franchise.

What does a LIME Painting Franchise Cost?

LIME Painting franchise fees for 2022:

  • Cash Investment: $50,000
  • Total Investment: $124,700 -$162,375 
  • Minimum Net Worth: $125,000
  • Franchise Fee: Single Territory- $60,000
  • Royalty: 7%
  • Ad: 1%
  • Average Number of Employees: 0
  • Item 19: Yes
  • Visa Candidates: No
  • Passive Ownership: Yes
  • Home Based: Yes
  • B2B: Yes
  • Master Franchise Opportunities: Yes
  • Veteran Discount: No

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?

No. LIME Painting franchise does not 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.

Additional Information

Additional Categories

Home Services, Maintenance, Repair & Restoration

Number of Units Open

50-100 UNITS

Cash Required

$25,000 - $50,000

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

No

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.