Lime Painting
Lime Painting franchises allow owners to operate businesses that offer project management services for high-end painting, substrate restoration, and ancillary home maintenance services like gutter cleaning and power-washing, using third-party licensed subcontractors rather than performing the work themselves. The business model involves marketing to clients, securing contracts, and managing projects to completion within a designated territory from a home office or approved premises, with a branded mobile unit. Target markets include owners and managers of high-end residential properties such as duplexes, townhomes, condos, and vacation homes, plus select low-rise commercial facilities.
Franchise Costs
7% royalty (tiered to 4% on higher sales) + up to 3% brand fund + $900/mo technology + $1,500/mo digital marketing + $500/mo local advertising
Financial Performance
Item 19 Financial Performance
Data Based On: Data for 14 Franchise Owners operating in 30 Territories during the 2023 calendar year (Measurement Period).
* 1. `average_gross_revenue`: Taken directly from the "Projects Sold" table, "All (14)" row, "Average Amount" of $1,095,451. 2. `median_gross_revenue`: Taken directly from the "Projects Sold" table, "All (14)" row, "Median Amount" of $734,675. 3. `revenue_top_quartile`: Taken directly from the "Projects Sold" table, "Top 25% (3)" row, "Average Amount" of $2,577,944. 4. `revenue_bottom_quartile`: Taken directly from the "Projects Sold" table, "Bottom 25% (4)" row, "Average Amount" of $381,523. 5. `average_gross_profit`: Calculated by multiplying `average_gross_revenue` ($1,095,451) by the "All (14)" average "Gross Profit Margin" (46% or 0.46) from the "Gross Profit Margin" table. Result: $1,095,451 * 0.46 = $503,907.46. 6. `average_net_profit`: Calculated by multiplying `average_gross_revenue` ($1,095,451) by the "All (14)" average "Adjusted Earnings Margin" (20% or 0.20) from the "Adjusted Earnings Margin" table. This margin is defined as Gross Profit minus Certain Marketing and Operation Expenses. Result: $1,095,451 * 0.20 = $219,090.20. 7. `average_net_income`: Assumed to be equivalent to `average_net_profit` ($219,090.20) based on the "Adjusted Earnings Margin" being the closest provided metric to a net income/profit, and the introductory text on page 1 mentioning "Adjusted Net Income". 8. `ebitda_margin_pct`: Set to the "All (14)" average "Adjusted Earnings Margin" (20% or 0.20), as it represents an operating margin (Gross Profit less certain operating expenses) and is the closest available proxy to an EBITDA margin. No explicit EBITDA was provided. 9. `best_guess_profit_low`: Calculated by multiplying `average_gross_revenue` ($1,095,451) by the "Low Amount" of "Adjusted Earnings Margin" (7% or 0.07) from the "Adjusted Earnings Margin" table. Result: $1,095,451 * 0.07 = $76,681.57. 10. `best_guess_profit_high`: Calculated by multiplying `average_gross_revenue` ($1,095,451) by the "High Amount" of "Adjusted Earnings Margin" (43% or 0.43) from the "Adjusted Earnings Margin" table. Result: $1,095,451 * 0.43 = $471,043.93.
Extracted Item 19 Section
How Lime Painting Compares
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
Lime Painting Current | N/A | $60K | 7.0% | 79 |
| BUDGET BLINDS | $101K – $211K | $20K | 3.5% | 1,366 |
| Koala Insulation | $195K – $242K | $50K | 6.5% | 333 |
| CERTA PROPAINTERS | $171K – $321K | $65K | N/A | 303 |
| FCI | $184K – $249K | $55K | 5.0% | 288 |
| That 1 Painter | $113K – $189K | $59K | 6.0% | 265 |
Home Improvement Average 63 franchises | $139K – $246K | $51K | 6.2% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 63 Home Improvement franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2023)
Outlets by state across the United States
+6 more states
SBA Loan History
Historical SBA 7(a) loan data for Lime Painting franchisees (2019 – 2025)
Loans by Year
SBA 7(a) loan activity over time
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
15 franchisee contacts on file from official FDD filings.
| Name | SBA Loan |
|---|---|
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
15 Contacts Available
Unlock all Lime Painting franchisee contacts with verified contact information
Due Diligence
Litigation (Item 3)
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
According to the 2024 FDD, the average gross revenue for a Lime Painting franchise is $1,095,451. The median revenue is $734,675.
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