About Lime Painting Franchise
Lime Painting is a premium residential and commercial painting franchise that has been franchising since 2018, backed by LIME Holdings, LLC.
The brand distinguishes itself by focusing on high end painting, staining, and coating services for luxury homes and upscale commercial properties.
Lime Painting emphasizes meticulous preparation, premium materials, and exceptional customer service to deliver a superior finished product.
Lime Painting Franchise Cost & Fees
Minimum Investment
$125K
Average Investment
$144K
Maximum Investment
$162K
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $60,000 | One-time payment upon signing |
| Royalty Fee | Greater of 7% of Gross Sales or minimum Royalty ($1,500/month after 6 months, $3,000/month after 19 months) of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | Fund Contribution: Up to 3% of Gross Sales (currently not collected from new franchisees); Digital Marketing Requirement: $1,500/month (or $375 per week); Local Advertising Requirement: Minimum $500/month | National brand fund |
| Total Investment Range | $124,700 – $162,375 | Includes build-out, inventory, working capital |
The investment range of $125K–$162K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (Greater of 7% of Gross Sales or minimum Royalty ($1,500/month after 6 months, $3,000/month after 19 months)) and marketing fee (Fund Contribution: Up to 3% of Gross Sales (currently not collected from new franchisees); Digital Marketing Requirement: $1,500/month (or $375 per week); Local Advertising Requirement: Minimum $500/month) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | 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 | $1,500 | $3,000 |
| 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 Months following Initial Launch/Opening | $2,700 | $2,700 |
| Initial Marketing Spend | $10,000 | $20,000 |
| Digital Marketing Requirement – 3 Months following launch/opening of Business | $4,500 | $4,500 |
| Licenses and Certifications | $250 | $675 |
| Insurance Premium - first 3 months of operation | $3,500 | $5,000 |
| Professional Fees | $2,000 | $3,000 |
| Additional Funds - 3 Months | $15,250 | $35,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $10,000 per undeveloped franchise |
| Renewal Fee | $10,000 |
| Technology Fee | $900/month |
| Audit Fee | Actual cost of Audit |
| Call Center Fee(s) | Varies based on usage. Currently, $250/month plus $18 per appointment setup |
| Client Project Analysis and Proposal Preparation Services | Currently, $25/hour |
| LIME OUTREACH™ Program Management Fee | $500 per year |
| Annual Conference Registration Fee | Currently, $1,000 to $2,000 |
| Training Fee(s) | $1,000/day for additional Initial Training; $2,500 for complete salesperson training; $500/day for all other training |
| Relocation Fee | $1,000, plus the costs and expenses incurred |
| New Product or Supplier Testing | Actual costs incurred |
| Violation in Connection with Mystery or “Secret” Shopper Program and/or other Quality Control or Quality Assurance Program | Currently, $175 to $350 per evaluation |
| Interest | Greater of 1.5% per month (18% per year) or highest commercial contract interest rate applicable laws permit |
| Collection Charges | Varies |
| Attorneys’ Fees and Costs | Will vary according to circumstance |
| Fees on Default and Indemnity | Attorneys’ fees, costs, interest, audit costs, default fees |
| Indemnification | Will vary according to circumstance |
| Insurance | Will vary according to circumstance |
| Non-Sufficient Fund (NSF) or Dishonored Check Charge | $100 |
| Late Reporting Fee | $200 per delinquent report |
| Non-Development Fee (Development Agreement only) | $2,500 per month (30-day period) |
| Warranty Claim and Customer Complaint Costs and Expenses | Varies according to loss |
| Management Fee | Up to 8% of the Gross Sales |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | Initial Training Program (Remote Training + Corporate Training + On-Site Training). Corporate Training is typically 4-5 days. On-Site Training is 2-3 days per session (2 sessions). |
| Classroom Training | Corporate Training: 40 hours; Remote Training: 48 hours |
| On-the-Job Training | 0 |
| Training Location | Corporate Training: Denver, Colorado or other designated training location; On-Site Training: Franchisee's home office or other location within territory; Remote Training: Online/webinar |
| Additional Training | Franchisor may offer and require additional training programs/refresher courses (up to 5 days annually at headquarters or other designated location) for a fee ($500 per day plus expenses). Remedial training may also be required. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Non-exclusive Designated Territory |
| Exclusive Territory | No |
| Territory Size | Varies, based on location and demographics |
| Description | Typically a radius or other area surrounding approved Premises, described by zip codes, streets, landmarks, or county lines. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 10 years |
| Renewal Term | Two (2) additional, consecutive 10-year periods |
| Renewal Fee | $10,000 |
| Renewal Conditions | Timely notice (6-12 months prior), cure all defaults, complete maintenance/renovation, satisfy monetary obligations, execute then-current franchise agreement (may have different terms), pay renewal fee, sign general release, remain in possession of premises. |
| Transfer Fee | $10,000 per undeveloped franchise |
| Transfer Conditions | Franchisor's prior written consent, all monetary obligations satisfied, cure all existing defaults, transferor signs general release, transferee meets qualifications, transferee signs then-current franchise agreement, transferee completes all required training, transfer complies with bulk sales legislation, lessors consent (if applicable). |
| Termination for Cause | Yes, various causes listed in Section 15(A) and 15(B) of the Franchise Agreement, including insolvency, misrepresentation, underreporting gross sales, unauthorized transfers, repeated defaults, failure to open, misuse of marks/confidential info, failure to meet minimum royalty, etc. |
| Non-Compete Period | During term of franchise; 2 years after termination/expiration |
| Non-Compete Details | During term: Franchisee, principals, owners, guarantors, immediate family cannot own, manage, be employed by, or have interest in a competing business (painting, substrate, ancillary home maintenance services) or offer/grant licenses for such. Cannot solicit employees. After term: Same restrictions for 2 years within Designated Territory, 25-mile radius of Designated Territory, or 25-mile radius of any LIME franchised business. Also prohibited from soliciting former customers or franchisor's suppliers/employees. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | Yes |
| Participation Details | Franchisee must personally participate in the direct management operation of the Franchised Business on a full-time basis, unless Franchisee engages a Designated Manager that Franchisor approves in writing to manage the day-to-day operations of the Franchised Business when Franchisee is not present. |
| Required Suppliers | Franchisor or its Affiliate (for starter/opening kit, uniforms, branded merchandise, initial equipment package, Computer System components, Required Software, call center, Project Materials, ongoing digital marketing, local advertising) |
| Supply Restrictions | Franchisees must purchase required items/services from Approved Suppliers designated by the franchisor. Franchisor may also be an Approved Supplier. Franchisees need prior written approval to use alternate suppliers or non-approved products/services. |
| Franchisor Revenue from Suppliers | Neither we nor our affiliates/parent have generated any revenue based on our franchisees’ required purchases in the past fiscal year. |
Lime Painting Franchise Earnings — Item 19
Average Revenue
$634K
Median Revenue
$523K
Revenue Range
$419K – $1.1M
Sample Size
5 units
Past financial performance does not guarantee future results. Individual results will vary.
Lime Painting Litigation & Risk Flags
Clean Litigation RecordLime Painting has no pending litigation actions listed in their FDD. There is also no bankruptcy history disclosed.
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Lime Painting System Growth
Total Units
18
Franchised
16
Company-Owned
2
Lime Painting currently operates 16 franchised locations and 2 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2019 | 1 | 0 | 1 |
| 2020 | 2 | 0 | 3 |
| 2021 | 13 | 0 | 16 |
Transfers: 0 | Closures: 0
State Registrations
Registered in 10 states: California, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, Virginia, Washington, Wisconsin
Franchisor Financials (Item 21)
Revenue
$1.3M
Net Income
$105K
Total Assets
$2.3M
Audited by DRDA, PLLC for year ending December 31.
Lime Painting Franchise — FAQ
The total investment to open a Lime Painting franchise ranges from $124,700 to $162,375, per their Franchise Disclosure Document. This includes the initial franchise fee of $60,000. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
Lime Painting charges a royalty fee of Greater of 7% of Gross Sales or minimum Royalty ($1,500/month after 6 months, $3,000/month after 19 months) of gross sales, plus a Fund Contribution: Up to 3% of Gross Sales (currently not collected from new franchisees); Digital Marketing Requirement: $1,500/month (or $375 per week); Local Advertising Requirement: Minimum $500/month contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the Lime Painting Franchise Disclosure Document free on this page. The FDD is a public document filed with state franchise registries. Always also request the current FDD directly from Lime Painting to ensure you have the most up-to-date version.
According to the Item 19 financial performance representation in their FDD, Lime Painting franchise owners report average revenue of $634K and median revenue of $523K. This is based on a sample of 5 units. Past performance does not guarantee future results.
Lime Painting has been franchising since 2018. The FDD shows an investment range of $124,700-$162,375, a Greater of 7% of Gross Sales or minimum Royalty ($1,500/month after 6 months, $3,000/month after 19 months) royalty, and includes an Item 19 earnings disclosure. There is no pending litigation. Review the full FDD and contact current franchisees listed in Item 20 before making any investment decision.
The franchise fee is $60,000 and the total investment ranges from $124,700 to $162,375 depending on location size and market. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.
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Data Source & Disclaimer: This website is for informational purposes only. It is not an offer to sell or buy a franchise. This profile is based on publicly available FDD data sourced from state franchise registry filings. All information is for research purposes only and does not constitute legal, financial, or investment advice. Data may be outdated or contain errors. Always obtain the current FDD directly from Lime Painting and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with Lime Painting or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com