Lime Painting

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.

79
Locations
Since 2018
Franchising
ServicesGreenwood Village, COLIME Holdings, LLCwww.LIMEpainting.comDisclaimer

Franchise Costs


Franchise Fee
$60,000
Item 5 of FDD
Initial Investment Range
N/A
Item 7 of FDD
Royalty Rate
7.00%
of gross sales
Brand Fund
3.00%
Item 6 of FDD
Fixed Monthly Fees
$2,900 – $2,900
Item 6 of FDD

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

Average Gross Revenue
$0
Median Gross Revenue
$0
EBITDA Margin
0%
Top Quartile Revenue
$0
Bottom Quartile Revenue
$0
Average Net Income
$0
Average Net Profit
$0
Average Gross Profit
$0

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


FranchiseInvestmentFeeRoyaltyLocations
Lime Painting
Current
N/A$60K7.0%79
BUDGET BLINDS$101K – $211K$20K3.5%1,366
Koala Insulation$195K – $242K$50K6.5%333
CERTA PROPAINTERS$171K – $321K$65KN/A303
FCI$184K – $249K$55K5.0%288
That 1 Painter$113K – $189K$59K6.0%265
Home Improvement Average
63 franchises
$139K – $246K$51K6.2%

* 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

Top States
1TX
14
2IL
8
3NJ
5
4AZ
5
5NC
5
6OH
5
7CA
4
8CO
4
9ID
4
10GA
3
11TN
3
12MA
3
13FL
3
14MO
2
15OK
2

+6 more states

SBA Loan History


Historical SBA 7(a) loan data for Lime Painting franchisees (20192025)

Total Loans
30
Average Loan
$127,983
Total Volume
$3.8M
Default Rate
6.7%

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.

NameSBA 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)

Franchisee Cases0
No litigation involving franchisees reported

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
0
Non-Renewals
0
Reacquired
1
Ceased Ops
0
Transfers
7
Sold to Franchisees
0
Projected New
3

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.

Unlock Full FDD Access

Download Lime Painting's complete FDD plus 1,700+ other franchise documents — all with one plan.

Unlimited FDD downloads (1,700+ franchises)
AI research assistant trained on every FDD
Franchisee contact information

Secure checkout with Stripe · Cancel anytime

Also includes FDDs for

THE UPS STORE (TRADITIONAL)
THE UPS STORE (TRADITIONAL)
AMERIPRISE FINANCIAL SERVICES LLC
AMERIPRISE FINANCIAL SERVICES LLC
JACKSON HEWITT TAX SERVICE
JACKSON HEWITT TAX SERVICE
SERVPRO (UNIT)
SERVPRO (UNIT)
H&R BLOCK
H&R BLOCK
+1,700 more