LIME Painting

LIME Painting

Information based on 2024 FDD

Home Services · Residential Painting

Investment min
$127K
Total: $127K–$227K
Avg gross revenue
$1M
Unit-level, 2024
Franchise fee
$60K
Per current disclosure
Royalty
4% - 7%
Locations
79
Franchising since 2018

Description

What is LIME Painting?

LIME Painting has established itself as a premier provider of high-end residential and commercial painting services since 2014. Distinguished by their commitment to quality and exceptional customer service, LIME Painting specializes in delivering premium painting solutions that transform properties with meticulous attention to detail and superior craftsmanship.

What sets LIME Painting apart is their comprehensive approach to surface preparation and use of top-tier materials. Their services extend beyond traditional painting to include specialized treatments such as lime washing, stucco repair, cabinet refinishing, epoxy flooring, and various other custom finishing solutions. Each project is managed with precision, utilizing a systematic approach that ensures consistent, lasting results.

The franchise has earned a stellar reputation through their dedication to customer satisfaction, as evidenced by their impressive collection of positive reviews highlighting their professionalism, reliability, and outstanding workmanship. Their teams are known for their courteous demeanor, clear communication throughout projects, and maintaining clean, organized work sites.

LIME Painting franchisees benefit from a proven business model that focuses on the luxury residential and commercial markets, backed by comprehensive training and ongoing support. The brand's commitment to excellence is reflected in their use of premium products, detailed project management, and thorough quality control processes.

With a growing presence across the United States, LIME Painting continues to expand its footprint while maintaining the high standards and attention to detail that have become hallmarks of their brand. Their success is built on a foundation of integrity, quality workmanship, and a dedication to exceeding customer expectations in every project they undertake.
  • Full-service painting and restoration company
  • Premium custom home and commercial market focus
  • Carpenter support teams for comprehensive project delivery
  • Decade-long proven operational track record since 2014
  • Revenue performance 56% above residential painting sub-sector average
  • Quality prep work with premium products and custom finishes

Location Analysis

Where LIME Painting wins

LIME Painting demonstrates strong market presence across multiple states, showing strategic expansion from its Colorado roots. The franchise maintains notable concentration in its home state of Colorado, with growing presence across several markets including Illinois and North Carolina. The impressive 4.72 average rating across numerous customer reviews indicates consistent service quality across markets.

The franchise's geographic distribution suggests a deliberate expansion strategy targeting affluent suburban markets with high concentrations of premium homes, particularly in states with strong real estate values and high median household incomes. Colorado's strong presence showcases successful market penetration in the founding region, while strategic placement in states like New Jersey and New Hampshire indicates focus on high-income East Coast markets.

Ideal locations for LIME Painting franchises typically include upscale suburban areas with median home values above $400,000, high homeownership rates, and significant populations of luxury homes. The current geographic footprint reveals substantial expansion opportunities, particularly in underserved wealthy markets across the Northeast and West Coast. Success factors include proximity to affluent neighborhoods, strong local construction activity, and regions with high discretionary spending on home improvements.
Total US locations
82
Franchise units
79
Corporate locations
3
Avg. sq. footage
N/A

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Financial Analysis

The numbers behind LIME Painting

Avg gross revenue$1,095,451
Investment range$126,700 – $227,075
Investment midpoint$176,888
Brand fund1% - 3%
Royalty4% - 7%
Franchise fee$60,000
Min. net worth
Min. liquid capital
LIME Painting requires an investment of $126,700 - $227,075, positioning it in the mid-tier range for home services franchises. This investment level exceeds the residential painting sub-sector averages of $102,735 - $176,235, reflecting the brand's premium positioning and comprehensive service offerings beyond basic painting. The higher investment typically includes specialized equipment, premium materials inventory, and extensive training for advanced restoration techniques.

The investment premium is validated by exceptional revenue performance, with LIME generating $1,095,451 in gross revenue - an impressive 56% above the sub-sector average of $702,994. This superior financial performance demonstrates the effectiveness of LIME's premium positioning strategy and comprehensive service model targeting custom homes and commercial properties.

Established in 2014 with 82 units, LIME demonstrates solid system maturity and measured growth trajectory within the home services sector. This unit count suggests established operational systems while maintaining growth potential in underserved markets. The decade-long operational history provides franchisees with proven business models and refined support infrastructure.

The investment structure suits experienced operators with substantial liquid capital, offering strong revenue potential that justifies the premium investment level. Multi-unit development opportunities exist given the brand's scalable service model and diverse revenue streams including painting, restoration, and cabinet refinishing services.
Did you know? Did you know that starting your own LIME Painting franchise - a premium residential and commercial painting company known for transforming properties with high-quality craftsmanship - requires a total investment between $126,700 and $227,075, which includes the $60,000 franchise fee plus all the equipment, training, marketing materials, and working capital you'll need to launch your painting business in your local market?

Financing partners

Vetted partners, tailored to franchisees

Your Franzy advisor can connect you with these partners later in the process — competitive rates, specialized in franchise financing.

FranFund

Lender

CRF USA

Nonprofit SBA lender; provides financing for franchise acquisitions, startups, and expansion.

Lender

First Bank of the Lake

Lender

Pension Pros

Lender

FDD Item 7

Initial investment range

$127K–$227K
Most common
$126,700
Minimum
$176,888
Midpoint
$227,075
Maximum

Per FDD Item 7, total initial investment ranges from $126,700 to $227,075. The midpoint $176,888 is what most franchisees report at signing — financing typically reduces cash-at-close by 80–90%. Knowing the investment range helps you plan confidently and ensure you're fully prepared to make the leap.

FDD Item 19

Average gross sales

$2M$1M$900K$600K$300KN/A
$634K
$570K
$1M
2022
2023
2024
Avg
$767K
YOY change (2023 -> 2024)
+92%

According to Item 19 of the Franchise Disclosure Document, LIME Painting has an average gross revenue of $1M. (Note: This information is based on the latest FDD in our records. Please review the Franchise Disclosure Document (FDD) and confirm this information directly with the brand. We make no claims of accuracy for the information presented.)

Growth over time

Franchise footprint

+116% YoY
100806040200
2017
2018
2019
2020
2021
2022
2023
2024
82 units open as of 2024 FDD+44 in last 12 mo

2024 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for LIME Painting's 2024 FDD. The complete FDD is delivered to you directly by the franchisor, per the FTC Franchise Rule.

Estimated initial investment
FDD Item 7 · PDF
Financial performance representations
FDD Item 19 · PDF
Members-only items
Executive team
FDD Item 2 · PDF
Litigation
FDD Item 3 · PDF
Bankruptcy
FDD Item 4 · PDF
Franchisor assistance
FDD Item 11 · PDF
Members only
Unlock the 2024 FDD

Connect to download Items 2, 3, 4, and 11 — direct from the franchisor.

Buyer FAQs

Frequently asked questions

The initial investment for a LIME Painting franchise typically ranges between $126,700.00 and $227,075.00. This includes the franchise fee, equipment, real estate, and other startup costs. To get a detailed breakdown and better understand the financial requirements, we recommend scheduling a call with the Franzy team. We'll walk you through the specifics and answer any questions you might have. For more detailed information, refer to the financial sections of the FDD.

Disclaimer. The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2024. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

LIME Painting
LIME Painting
$1M avg revenue · 79+ US franchises

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