LIME Painting FDD – Franchise Information, Costs and Fees
Type of Business
The franchisor offers a franchise for the right to independently own and operate a business that offers and provides project management services to prospective clients in connection with painting services and solutions as well as ancillary services in the field of home maintenance and improvement services utilizing third- party licensed painters and subcontractors.
Corporate Information
LIME Franchise Systems, LLC is a Colorado limited liability company that was formed on August 30, 2017 with a principal business address at 4950 S Yosemite St F2 #121 Greenwood Village, CO 80111. They have offered franchises for LIME Businesses since February 2018. Their parent company is LIME Holdings, LLC, a Colorado limited liability company formed on August 30, 2017.
Investment
The total investment necessary to begin operation of a Lime Painting franchise in one Territory is $126,700 to $227,075. This includes $90,700 to $103,400 that must be paid to the franchisor or an affiliate. The franchisor also offers qualified parties the right to develop a Lime Painting franchise in multiple territories under a multi-territory addendum. The minimum number of territories required to be opened under the multi-territory addendum is one (for a total of two). The total investment necessary to begin operation of a Lime Painting franchise in two territories is $176,700 to $277,075. This includes $140,700 to $153,400 that must be paid to the franchisor or an affiliate. The total investment necessary to begin operation of a Lime Painting franchise in three territories is $211,700 to $312,075. This includes $175,700 to $188,400 that must be paid to the franchisor or an affiliate.
