LIME Painting Franchise FDD, Profits, Costs & Fees (2025)
LIME Painting, established in 2014 in Denver, Colorado, is a premium painting franchise that caters to both residential and commercial clients.
The franchise specializes in high-quality interior and exterior painting, as well as offering various home improvement and restoration services tailored to meet the needs of an upscale clientele.
Renowned for its commitment to superior craftsmanship and exceptional customer service, LIME Painting has built a reputation as a luxury brand in the painting industry, appealing to clients who prioritize quality and attention to detail.
In 2018, LIME Painting launched its franchising initiative and has since experienced significant growth across the United States.
Operating from its headquarters in Greenwood Village, Colorado, the company distinguishes itself as the first and only franchise focused exclusively on high-end painting services. By combining top-notch materials, advanced techniques, and a seamless customer experience, LIME Painting stands out from competitors in the market.
Initial Investment
How much does it cost to start a LIME Painting franchise? It costs on average between $126,000 – $201,000 to start a LIME Painting franchised facility.
This includes costs for supplies, equipment, initial inventory, and start-up operational expenses. The exact amount depends on various factors, including the size of the territory, the location, and whether the franchisee chooses to lease or purchase storage or office space.
Type of Expenditure | Amount |
---|---|
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 |
Average Revenue (AUV)
How much revenue can you make with a LIME Painting franchise? A LIME Painting franchised business makes on average $799,000 in revenue (AUV) per year.
Here is the extract from the Franchise Disclosure Document:
This compares to $486,000 yearly revenue for similar painting franchises.
Franchise Disclosure Document
Frequently Asked Questions
How many LIME Painting locations are there?
As of the latest data, LIME Painting operates over 30 franchise locations across the United States. This expansion reflects the company’s commitment to providing high-quality painting services nationwide. The majority of these locations are franchise-owned, with a few company-owned outlets.
What is the total investment required to open a LIME Painting franchise?
The total investment required to open a LIME Painting franchise ranges from $126,000 to $201,000.
What are the ongoing fees for a LIME Painting franchise?
LIME Painting franchisees pay a 7% royalty fee on gross sales for brand access and support. There is a local advertising requirement of at least $500 monthly and a digital marketing fee of $1,500 monthly. Currently, no national marketing fund contributions are collected from new franchisees.
What are the financial requirements to become a LIME Painting franchisee?
To become a LIME Painting franchisee, candidates should have a minimum net worth of $150,000 and at least $50,000 in liquid capital. These financial prerequisites ensure that franchisees are well-prepared to establish and operate their LIME Painting business effectively.
How much can a LIME Painting franchise owner expect to earn?
The average gross sales for a LIME Painting franchise are approximately $0.8 million per location. Assuming a 15% operating profit margin, $0.8 million yearly revenue can result in $120,000 EBITDA annually.
Who owns LIME Painting?
LIME Painting is a privately held company founded by Nick Lopez. It operates as a franchise system, with individual franchisees owning and managing their respective locations. The company remains under private ownership, with no public trading of its shares.
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