Richard's Painting

Painting
FREE Franchise Guide!
2024 Franchise 500 Rank
#321 Not ranked last year
See the Full List
Initial investment
$60K - $107K
Units as of 2024
21 Increase 320.0% over 3 years

Richard's Painting specializes in interior and exterior residential and commercial painting as well as pressure washing services. The company boasts what it believes to be a solid business model, laser-focused techniques, unmatched customer service, and technology that simplifies transactions for clients. Above anything, Richard's Painting promises top-notch results by painting with integrity. 

Richard Gould founded the company in 1999 in an attempt to provide the market with painters who won't cut corners when no one's looking and will perform their jobs correctly each time, with pride. From its humble beginnings in Salisbury, North Carolina, Richard's Painting started franchising in 2019. There are now multiple Richard’s Painting locations in the United States.

Why You May Want To Start a Richard's Painting Franchise

If you are looking for an opportunity that feels like a personal calling as much as a business, you might want to open a Richard's Painting franchise. Unlike some others, Richard's Painting attempts to invest by attaching a face to their name. They like to shake hands with their clients, give sincere professional advice, and make them feel like family.

You don't need any business experience to be a Richard’s Painting franchisee, but you have to be committed. Richard's Painting offers full support from the ground up, so you may be poised for success as you go. They will help with operations, marketing, purchasing, accounting, legalities, research, and development. With the executive team’s decades of experience in the industry, you may be able to trust that you're in expert hands.  

What Might Make a Richard's Painting Franchise a Good Choice?

Strategy is one of the most vital attributes of Richard's Painting. They have a solid but straightforward operating model proven to work for over two decades. They're well differentiated in the market, and according to existing franchisees, a fairly tight-knit bunch. 

Opening a Richard's Painting franchise may offer a more predictable outcome than investing in a completely new brand that could struggle to thrive in an already crowded and competitive industry.

To be part of the Richard's Painting franchise team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising fees and royalty fees. 

How To Open a Richard's Painting Franchise

As you decide if opening a Richard's Painting franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a Richard's Painting franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.

Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the Richard's Painting franchising team questions. 

If awarded a franchise, franchisees receive a great deal of support from the Richard's Painting brand throughout the franchising process. In addition to pre-opening training, franchisees receive support through brand awareness, marketing, research, and more.

Find Your Perfect Franchise

Company Overview

About Richard's Painting

Industry Home Improvement
Related Categories Painting
Founded 1999
Parent Company RPG Franchising LLC
Leadership Richard Gould, President
Corporate Address 112 E. Council St.
Salisbury, NC 28144
Social Facebook, Twitter, LinkedIn, Instagram, YouTube

Business Overview

Franchising Since 2019 (5 years)
# of employees at HQ 4
Where seeking

This company is offering new franchises throughout the US.

# of Units 21 (as of 2024)

Information for Franchisees

Here's what you need to know if you're interested in opening a Richard's Painting franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Information Circle
$39,950
Initial Investment Information Circle
$60,150 - $106,500
Veteran Incentives Information Circle
25% off franchise fee
Royalty Fee Information Circle
5%
Ad Royalty Fee Information Circle
1%
Term of Agreement Information Circle
10 years
Is franchise term renewable? Yes
Take Our Free Franchise Quiz!

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

In-House Financing Richard's Painting offers in-house financing to cover the following: franchise fee
Third Party Financing Richard's Painting has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training 38 hours
Classroom Training 36 hours
Ongoing Support
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed? No
Can this franchise be run from home/mobile unit? Information Circle
Yes
Can this franchise be run part time? Information Circle
No
Are exclusive territories available? Information Circle
Yes
Take our quick quiz to find your ideal franchise

Franchise 500 Ranking History

Compare where Richard's Painting landed on this year's Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where Richard's Painting ranked on other franchise lists? Find out below.

Sign Up for Our Franchise Newsletter

Stay up to date on the latest news and trends affecting the franchise industry.

Related Franchises

Are you eager to see what else is out there? Browse franchises that are similar to Richard's Painting.

Decorating Den Interiors

description
Interior design and decorating services and products

McAlister's Deli

description
Sandwiches, salads, baked potatoes

Fresh Coat Painters

description
Residential and commercial painting

ServiceMaster Restore

description
Commercial/residential disaster restoration

Related Franchise Content

Catch up on the latest franchise news, trends, and more.

Franchise

School of Rock Taps Latin America Master Franchisor for United Kingdom Expansion

The music educator is taking a new step in its international expansion with a master franchise agreement in the UK — and a familiar face is leading the venture.

Franchise

Know The Franchise Ownership Costs Before You Leap

From initial investments to royalty fees to legal costs, take stock of these numbers before it's too late.

Franchise

What Franchising Can Teach The NFL About The Impact of Private Equity

The NFL is smart to take a thoughtful approach before approving institutional capital's investment in teams.

Franchise

Use These 3 Steps to Find The Perfect Franchise Opportunity For You

Once you've decided to buy, here are three steps for finding the franchise that's right for you.

Franchise

For Small Business Week, President Biden Sided With Labor Bosses Over More Than 5,300 Franchise Owners

With the president's veto of a bipartisan Congressional Review Act (CRA) resolution that would have overturned the expansion of the joint employer rule, the Biden Administration showed that it cares more about special interests than small business owners.

Franchise

McDonald's Introduces a New Dessert Inspired By 'Grandmacore' Trend

McDonald's will launch the "Grandma McFlurry," a limited-time dessert blending syrup, vanilla ice cream and candy pieces, as a tribute to comforting grandmotherly treats — and a nod to a TikTok trend.

See more franchise content
Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022