Detail information about the listing
It’s time to own LIME Painting! High profit, low costs, and giving back to the community, are key with LIME.
LIME is the world’s first & only high-end painting franchise. No experience necessary in the painting or home improvement industries. Owners earn an average 30% net margins from a highly affluent demographic.
Established in 2021, this franchise already has over 50 customers and over $300,000 of jobs in the pipeline! Jobs range from $10,000 to $100,000. The territory encompasses many communities of high end homes in the $2 -10 Million range. Additionally the median home price in the territory is approaching $1 Million. Potential, potential, potential is the word for LIME Painting with 40 different revenue streams including painting, coatings, and surface restoration services to gutters.
Seller has obtained a state-required contractor license & RMO (Responsible Managing Officer) for the business. Both transfer to the buyer, making it easy to take over. Business has a bond, as well. These are a huge value boost to the buyer because they are hard to obtain and provide a huge boost of confidence to customers. Everything is set and ready for the buyer to close deals and continue operating!
The franchise has few costs and averages 30% net profit. The painting crews are all subcontracted and no inventory is held. No office is required; business is home based. Salesmen are paid commission only, so there is no payroll expense unless sales are finalized. The franchisor provides tons of support, including email and social marketing on Angie’s List, Next Door, & Home Advisor, PLUS a call center that books sales appointments! Estimates are built by the corporate office team, and Lime’s focus on technology means everything is automated to make it easy for the franchise owner. Plus there’s training available at boot camps and on site at your location.
This LIME Painting is a unique, rare opportunity to own a mission-driven franchise with some seller financing! Don’t wait!