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2022 Franchise 500 Rank
#468 Not ranked last year
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Initial investment
$125K - $162K
Units as of 2021
25 1,150.0% over 3 years

Company Overview

About LIME Painting

Industry
Home Improvement
Related Categories
Painting
Founded
2014
Leadership
Alexis Owens, Marketing Coordinator

Franchising Overview

Franchising Since
2018 (4 years)
# of employees at HQ
9
Where seeking

This company is seeking new franchisees throughout the US.

# of Units
25 (as of 2021)

Franchisor Information

Corporate Address
5910 S. University Blvd 18, #220
Greenwood Village, CO 80121

Information for Franchisees

Here’s what you need to know if you’re interested in opening a LIME 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
$60,000
Initial Investment
$124,700 - $162,375
Net Worth Requirement
$150,000
Cash Requirement
$50,000
Veteran Incentives
$5,000 off franchise fee
Royalty Fee
7%
Term of Agreement
10 years
Is franchise term renewable?
Yes
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Financing Options

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

Third Party Financing
LIME 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
40 hours
Classroom Training
40 hours
Ongoing Support
Newsletter
Meetings & Conventions
Online Support
Field Operations
Proprietary Software
Marketing Support
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
Yes
Can this franchise be run from home/mobile unit?
Yes
Can this franchise be run part time?
Yes
# of employees required to run
2
Are exclusive territories available?
Yes
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Franchise 500 Ranking History

Compare where LIME Painting landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021