Richard’s Painting Franchise FDD, Profits & Costs (2025)
Richard’s Painting is a well-regarded franchise known for delivering top-notch residential and commercial painting services. Established in 2000 in the United States, the company has grown into a prominent name in the painting industry. Based in Phoenix, Arizona, Richard’s Painting began offering franchise opportunities in 2007 to expand its reach.
This growth strategy has enabled the franchise to bring its superior painting solutions to a wider audience. Richard’s Painting stands out in the competitive market with its unwavering focus on quality craftsmanship and ensuring customer satisfaction.
The franchise provides a full spectrum of painting services, including interior and exterior painting, wallpaper installation, and personalized color consultations. Its edge lies in its dedication to using high-quality materials and employing expertly trained painters who undergo comprehensive preparation to meet the company’s high standards.
Initial Investment
How much does it cost to start a Richard’s Painting franchise? It costs on average between $60,000 – $110,000 to start a Richard’s Painting franchised center.
This includes expenses for equipment, materials, marketing, and initial operating costs. The exact investment varies based on several factors, such as the size and scope of the painting business, the location, and whether the franchisee opts to lease or purchase a workspace.
| Type of Expenditure | Amount |
|---|---|
| Initial Franchise Fee | $39,950 |
| Storage Unit | $0 – $300 |
| Lease Deposits – Three Months | $0 – $3,000 |
| Furniture, Fixtures, and Equipment | $500 – $1,000 |
| Initial Inventory | $500 – $1,000 |
| Printing, Stationery, and Office Expenses | $1,000 – $1,750 |
| Computer, Software, and Business Management System | $1,000 – $2,000 |
| Service Vehicle | $700 – $20,000 |
| Start-Up Marketing | $2,500 – $5,000 |
| Insurance Deposits – Three Months | $750 – $1,500 |
| Travel for Initial Training | $2,000 – $6,000 |
| Professional Fees | $1,000 – $2,500 |
| Licenses and Permits | $250 – $500 |
| Additional Funds – Three Months | $10,000 – $25,000 |
| Total Estimate | $60,150 – $109,500 |
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Frequently Asked Questions
How many Richard’s Painting locations are there?
As of the latest data, Richard’s Painting operates 26 locations across the United States, with 25 being franchise-owned and one company-owned.
What is the total investment required to open a Richard’s Painting franchise?
The total investment required to open a Richard’s Painting franchise ranges from $60,000 to $110,000.
What are the ongoing fees for a Richard’s Painting franchise?
Richard’s Painting franchisees are required to pay a royalty fee of 5% of their gross sales, which grants them access to the franchisor’s established systems, ongoing support, and brand recognition.
Additionally, franchisees contribute 1% of their gross sales to a marketing fund dedicated to promoting the brand and supporting local marketing initiatives
What are the financial requirements to become a Richard’s Painting franchisee?
To qualify as a Richard’s Painting franchisee, candidates must have a minimum net worth of $80,000 and at least $40,000 in liquid capital. These financial prerequisites ensure that franchisees possess the necessary resources to effectively establish and operate their business.
Who owns Richard’s Painting franchise?
Richard’s Painting franchise is owned by Richard Gould.
Disclaimer
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