Richard's Painting

Richard's Painting

Franzy VerifiedInformation based on 2026 FDD

Home Services · Residential Painting

Investment min
$60K
Total: $60K–$118K
Avg gross revenue
N/A
Unit-level, 2026
Franchise fee
$40K
Veteran discount available
Royalty
5%
of gross revenue
Locations
24
Franchising since 2019

Description

What is Richard's Painting?

Richard's Painting, established in 1999, has built a sterling reputation as a premier residential painting franchise that consistently delivers exceptional quality and customer satisfaction. With locations across multiple markets, they've perfected a systematic approach to both interior and exterior painting services that has earned them countless positive reviews and loyal customers.

Their comprehensive service offering includes interior and exterior painting, popcorn ceiling removal, deck restoration, pressure washing, cabinet refinishing, and specialized wall repairs. What sets Richard's Painting apart is their meticulous attention to detail and commitment to proper preparation work - from thorough surface cleaning and repairs to precise masking and protection of surrounding areas.

The franchise has developed strong operational processes that ensure consistent quality across all locations. Their teams are known for their professionalism, punctuality, and cleanliness on job sites. Painters are thoroughly trained not just in technical skills, but also in customer service, making the entire experience smooth and stress-free for homeowners.

Richard's Painting has strategically positioned itself in the growing home services market, capitalizing on both the new construction boom and the increasing number of homeowners investing in property improvements. Their business model includes both residential and commercial projects, providing franchise owners with diverse revenue streams and year-round business opportunities.

For entrepreneurs looking to enter the home services industry, Richard's Painting offers a proven system with comprehensive training, marketing support, and operational guidance. Their focus on quality workmanship and customer satisfaction has helped them build a trusted brand name in the residential painting sector.
  • Quarter Century of Painting Excellence Since 1999
  • Lower Investment Entry Point vs Industry Average
  • Comprehensive Service Portfolio Including Specialty Services
  • Customer Satisfaction Guarantee Promise
  • Established Neighborhood Painter Positioning
  • Proven Operational Systems with 19 Active Units

Location Analysis

Where Richard's Painting wins

Richard's Painting demonstrates clear geographic concentration in the Midwest and Southeast, with established presence in Ohio, Indiana, and Kentucky, centered notably around the Cincinnati metro area and Greater Ohio Valley region. This clustering suggests a hub-based expansion strategy leveraging operational support proximity and regional brand recognition. The Indianapolis suburbs presence indicates deliberate targeting of suburban markets with substantial single-family housing stock. The ideal customer profile—suburban homeowners aged 35-65 in middle to upper-middle income households with aging housing stock—aligns well with these Midwest markets where home maintenance cycles and seasonal painting demand create consistent service opportunities. Family-oriented communities with established residential density provide the repeat business and referral networks essential for service-based franchises. However, limited brand recognition remains a meaningful obstacle to customer acquisition, requiring territory-level marketing investment. Review data is notably sparse, preventing reliable customer satisfaction assessment. Available feedback highlights professional crew conduct and workmanship quality when services meet expectations, but also reveals scheduling inconsistencies and price sensitivity concerns relative to independent contractors. This mixed sentiment underscores execution variability across territories. Prospective franchisees should conduct rigorous local market validation, including competitive pricing analysis against independent painters, assessment of residential density and homeowner demographics within proposed territories, and direct conversations with existing franchisees in comparable markets. Territory exclusivity terms and support infrastructure depth warrant careful Item 19 and FDD review given the system's limited scale.
Total US locations
19
Franchise units
24
Corporate locations
1
Avg. sq. footage

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Financial Analysis

The numbers behind Richard's Painting

Avg gross revenueN/A
Investment range$60,150 – $117,500
Investment midpoint$88,825
Brand fund1%
Royalty5%
Franchise fee$39,950
Min. net worth$80,000
Min. liquid capital$40,000

Veteran discount available

Richard's Painting participates in a veteran discount program on the franchise fee. Ask your Franzy advisor or the brand for current eligibility and terms.

Richard's Painting presents a modest entry-point investment ranging from $60,150 to $117,500, positioning it among the more accessible home services franchises. The 1999 founding and current 19-unit footprint suggest controlled growth over two decades—indicative of either disciplined expansion or market penetration challenges. This limited scale raises questions about system maturity, support infrastructure depth, and competitive differentiation in a fragmented industry where independent contractors dominate. The absence of franchise fee data and zero reported gross revenue figures create meaningful gaps in financial assessment. Without revenue benchmarks, prospective franchisees cannot effectively model unit economics, evaluate return timelines, or assess working capital requirements. The residential painting sector typically involves seasonal revenue fluctuation, labor management complexity, and materials cost volatility—factors that demand careful cash flow planning. The business model appears operationally straightforward but labor-intensive, requiring crew recruitment, retention, and quality control. Scalability hinges on effective territory management and brand differentiation in markets where price competition with unlicensed operators is common. Limited brand recognition, noted in customer feedback, suggests franchisees will bear substantial customer acquisition costs. Investors should conduct extensive Item 19 analysis if available, validate territory exclusivity provisions, and model conservative ramp-up periods given the system's modest unit count and competitive positioning challenges.
Did you know? Richard's Painting operates in the residential painting segment of home services with an initial investment ranging from $60,150 to $117,500. Founded in 1999, the system currently operates 19 units with geographic concentration in the Midwest and Southeast. The franchise focuses on suburban markets with established single-family housing stock. Franchise fee information was not disclosed in available materials, requiring direct inquiry during the evaluation process.

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

The model

How Richard's Painting works

01
Ownership
Part-Time (Executive)

Owner stays in an executive role — sets strategy, hires a manager, and oversees crews. Typically 5–20 hr/wk after ramp; many keep their day job.

Full-Time

Owner runs the business as their primary job — leads the team day-to-day on the ground, 40+ hr/wk.

02
Revenue
Revenue model not specified.
03
Customer
B2B

Sells to businesses, contractors, or property owners.

B2C

Sells directly to consumers and homeowners.

Mixed

Serves both businesses and consumers.

FDD Item 7

Initial investment range

$60K–$118K
Most common
$60,150
Minimum
$88,825
Midpoint
$117,500
Maximum

Per FDD Item 7, total initial investment ranges from $60,150 to $117,500. The midpoint $88,825 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

$400K$320K$240K$160K$80KN/A
$221K
$307K
$221K
2022
2023
2024
Avg
$250K
YOY change (2023 -> 2024)
-28%

According to Item 19 of the Franchise Disclosure Document, Richard's Painting has an average gross revenue of $221K. (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

+36% YoY
2520151050
2020
2021
2022
2023
2024
19 units open as of 2026 FDD+5 in last 12 mo

2026 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for Richard's Painting's 2026 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 2026 FDD

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

Buyer FAQs

Frequently asked questions

The initial investment for a Richard's Painting franchise typically ranges between $60,150.00 and $117,500.00. 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) we have on record, which was issued in 2026. 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. Only the franchisor can confirm that the information is complete and accurate and we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

Richard's Painting
Richard's Painting
N/A avg revenue · 24+ US franchises

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