LIME Painting Franchise FDD, Costs & Fees (2024)
KEY FRANCHISE STATS
All you need to know about this franchise in a snapshot
Initial franchise fee
$60,000
Investment required
$126,000 - $201,000
LIME Painting: Redefining Excellence in High-End Home Painting Services
LIME Painting is a high-end painting franchise that was founded in 2014 in Denver, Colorado. The franchise offers a wide range of residential and commercial painting services, specializing in custom interior and exterior painting, as well as various home improvement and restoration services.
With a strong emphasis on quality craftsmanship and customer satisfaction, LIME Painting has positioned itself as a premium brand catering to an affluent clientele who seek exceptional quality and service.
LIME Painting began franchising in 2018, and since then, it has grown rapidly across the United States.
The company is headquartered in Greenwood Village, Colorado, and has established itself as the first and only high-end painting franchise in the industry. This differentiation sets LIME Painting apart from other painting companies by focusing on providing a high-quality experience, using the best materials and techniques, and delivering exceptional customer service.
Initial investment
Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
| Type of Expenditure |
Amount (Low) |
Amount (High) |
| Initial Franchise Fee |
$60,000 |
$60,000 |
| Initial On-Site Training Fee |
$7,000 |
$7,000 |
| Travel Expenses to Corporate Training |
$2,000 |
$3,000 |
| Start-Up Package |
$2,500 |
$3,500 |
| Mobile Unit and Vehicle Wrap Package |
$6,000 |
$8,500 |
| Initial Technology Package (including pre-opening Technology Fees) |
$10,000 |
$10,000 |
| Technology Fee(s) – 3 to 6 months post-opening |
$2,700 |
$5,400 |
| Initial Marketing Spend |
$10,000 |
$20,000 |
| Digital Marketing Requirement – 3 to 6 months post-opening |
$4,500 |
$9,000 |
| Licenses and Certifications |
$250 |
$675 |
| Insurance – Initial Premium(s) |
$3,500 |
$5,000 |
| Professional Fees |
$2,000 |
$4,000 |
| Additional Funds - 3 to 6 Months |
$15,250 |
$65,000 |
| TOTAL |
$125,700 |
$201,075 |
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Franchise Disclosure Document
Training
LIME Painting provides comprehensive training for its franchisees to ensure they are well-prepared to run a successful business.
- Sales Training: Franchisees are trained in relational sales tactics, customer communication, and follow-up techniques to effectively engage with clients and close deals.
- Management Training: This includes learning how to manage production schedules, supervise team members, and ensure quality control throughout the project lifecycle.
- Administrative Training: Franchisees receive instruction on essential business operations, such as administration, financial management, and the use of LIME's proprietary technology platform, LIMEWare, for efficient business management.
- Field Training: Hands-on experience in the field with existing franchise owners and the company founder, providing practical knowledge and skills necessary for running a LIME Painting franchise.
Territory Protection
LIME Painting franchise offers territory protection to its franchisees, ensuring that each franchisee has a designated and exclusive geographical area to operate within.
This exclusive territory is designed to prevent overlap between franchisees, allowing them to build their business without direct competition from other LIME Painting franchise owners in the same market.
The protected territory is based on a combination of market size and population density, tailored to maximize the business potential for each franchisee.
