1851

LAST UPDATED:&nbsp;April 2024FRANCHISE WEBSITE:&nbsp;<a href="https://richardspaintingfranchising.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-richards-painting-franchise-costs-fees-profit-and-data-2726045" target="_blank" rel="nofollow">richardspaintingfranchising.com</a>NUMBER OF LOCATIONS: 23REPORTED COST TO GET IN:&nbsp;$58,450 - $105,450REPORTED ROI (Item 19): N/A<a href="https://richardspaintingfranchising.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-richards-painting-franchise-costs-fees-profit-and-data-2726045" target="_blank" rel="nofollow">Richard's Painting</a> is a franchise that specializes in residential and commercial painting (interior and exterior), as well as pressure washing services. Founded in 2007 by&nbsp;<a href="https://www.linkedin.com/in/richard-gould-b838b157/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-richards-painting-franchise-costs-fees-profit-and-data-2726045" target="_blank" rel="nofollow">Richard Gould</a>, the business only recently began offering franchise opportunities in 2019. Richard's Painting proudly brands itself as "Your Neighborhood Painter."<h3>How Many Richard’s Painting Locations Are There?</h3>Richard’s Painting currently has&nbsp;<a href="https://www.richardspainting.net/locations?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-richards-painting-franchise-costs-fees-profit-and-data-2726045" target="_blank" rel="nofollow">23 locations</a> across 10 states in the U.S.<h3>What Is the Richard’s Painting Franchise Business Model?</h3>Richard’s Painting describes itself as a different type of painting franchise: “[W]e don’t go after low-end, price driven sales. We don’t force our owners to spend huge amounts on marketing. We don’t pull in any subcontractor we can get. We are unique and have a track record of making very successful and potentially high-margin painting franchises.”<figure class="media"><div data-oembed-url="https://www.youtube.com/watch?v=VcO2cucgwOM"><div class="iframely-embed"><div class="iframely-responsive"><iframe src="//cdn.iframe.ly/api/iframe?app=1&amp;api_key=fd3b6b3731f34f55ba1fe3&amp;url=https%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3DVcO2cucgwOM" frameborder="0" allow="autoplay; encrypted-media" allowfullscreen=""></iframe></div></div></div></figure>Richard’s Painting brings a personable touch to the painting business. Rather than subcontracting, Richard’s Painting focuses on training and developing employees to provide top-notch service and a better overall customer experience. The goal is to shake hands with the clients, give sincere professional advice and make them feel like family.Each Richard’s Painting location offers a wide range of residential and commercial services. In addition to its extensive painting services (interior, exterior and commercial), the brand also provides pressure washing, popcorn removal, drywall repair, and dock/deck staining services. Customers can use a custom app to get virtual estimates, order paint samples, pay their invoice or even see in advance how the new colors are going to look on their walls.<h3>How Much Can Richard’s Painting Franchise Owners Make?</h3>Richard’s Painting does not publicly provide any information about the earnings of its franchised outlets. Those interested in learning more about franchising opportunities with Richard’s Painting are invited to&nbsp;<a href="https://richardspaintingfranchising.com/request-franchise-information/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-richards-painting-franchise-costs-fees-profit-and-data-2726045" target="_blank" rel="nofollow">fill out a form on the website</a>.<h3>How Much Does It Cost To Open a Richard’s Painting Franchise?</h3>The&nbsp;<a href="https://richardspaintingfranchising.com/research/how-much-does-a-richards-painting-franchise-cost/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-richards-painting-franchise-costs-fees-profit-and-data-2726045" target="_blank" rel="nofollow">total initial investment</a> required to open a Richard’s Painting location ranges from $58,450 to $105,450. The costs break down as follows:<figure class="table"><table><tbody><tr><td>Type of Expenditure</td><td>Min</td><td>Max</td></tr><tr><td>Initial Franchise Fee</td><td>$30,000</td><td>$30,000</td></tr><tr><td>Market Introduction Program</td><td>$2,500</td><td>$5,000</td></tr><tr><td>Furniture, Fixtures &amp; Equipment</td><td>$500</td><td>$1,000</td></tr><tr><td>Computer Systems</td><td>$2,000</td><td>$3,000</td></tr><tr><td>Insurance</td><td>$300</td><td>$1,500</td></tr><tr><td>Vehicle</td><td>$500</td><td>$20,000</td></tr><tr><td>Signage</td><td>$400</td><td>$700</td></tr><tr><td>Office Expenses</td><td>$500</td><td>$1,000</td></tr><tr><td>Inventory</td><td>$500</td><td>$1,000</td></tr><tr><td>Licenses &amp; Permits</td><td>$250</td><td>$500</td></tr><tr><td>Dues &amp; Subscriptions</td><td>$500</td><td>$750</td></tr><tr><td>Professional Fees</td><td>$1,000</td><td>$2,500</td></tr><tr><td>Training Expenses</td><td>$2,000</td><td>$6,000</td></tr><tr><td>Additional Funds (3 Months)</td><td>$15,000</td><td>$25,000</td></tr></tbody></table></figure><h3>What Is the Franchise Fee for Richard’s Painting?</h3>Richard’s Painting charges a one-time franchise fee of $30,000. Owners must have $40,000 in liquid capital and an overall net worth of at least $80,000.<h3>Who’s On the Richard’s Painting Leadership Team?</h3><ul><li><a href="https://www.linkedin.com/in/richard-gould-b838b157/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-richards-painting-franchise-costs-fees-profit-and-data-2726045" target="_blank" rel="nofollow">Richard Gould – Owner and Franchisor</a></li></ul><h3>What Helpful Articles Can I Read to Learn More About Richard’s Painting?</h3><ul><li><a href="https://richardspaintingfranchising.com/featured/invest-in-a-richards-painting-franchise/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-richards-painting-franchise-costs-fees-profit-and-data-2726045" target="_blank" rel="nofollow">3 Quick Reasons Why You Should Invest in a Richard’s Painting Franchise</a></li><li><a href="https://www.entrepreneur.com/franchises/directory/richards-painting/335850?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-richards-painting-franchise-costs-fees-profit-and-data-2726045" target="_blank" rel="nofollow">Entrepreneur 2024 Franchise 500 Rank - No. 321 - Richard’s Painting</a></li><li><a href="https://richardspaintingfranchising.com/richards-painting-franchise/richards-painting-franchise-vs-every-other-painting-franchise/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-richards-painting-franchise-costs-fees-profit-and-data-2726045" target="_blank" rel="nofollow">Richard’s Painting Franchise vs. Every Other Painting Franchise</a></li><li><a href="https://richardspaintingfranchising.com/featured/franchise-development-website-launched/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-richards-painting-franchise-costs-fees-profit-and-data-2726045" target="_blank" rel="nofollow">Richard’s Painting Franchise Launches Franchise Development Website</a></li></ul>Want to learn more about franchise opportunities on 1851 Franchise? Be sure to visit our <a href="https://1851franchise.com/power-rankings">Power Rankings</a> to read more on brands making moves. Every great franchisee had help buying a franchise. Want to learn more about how 1851 helps franchisees find the right franchise opportunity? Visit <a href="https://www.1851growthclub.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-richards-painting-franchise-costs-fees-profit-and-data-2726045" target="_blank" rel="nofollow">www.1851growthclub.com</a> and start your journey. Disclaimer: This content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained on this site constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any franchises, securities, or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the franchise and/or securities laws of such jurisdiction.All content in this article is information of a general nature and does not address the detailed circumstances of any particular individual or entity. Nothing in the article constitutes professional and/or financial advice, nor does any information in the email constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content in this article before making any decisions based on such information or other content.

Richard’s Painting Franchise Costs, Fees, Profit and Data

1851 Franchise

With its emphasis on premium service and a top-notch customer experience, Richard’s Painting is looking for enthusiastic franchisees (no experience required) to aid its plans for expansion in 2024.

Franchise Deep Dive: Richard’s Painting Franchise Costs, Fees, Profit and Data

franchise-deep-dive-richards-painting-franchise-costs-fees-profit-and-data

Woodhouse Spas

Why Franchise Owners Continue To Invest in Woodhouse Spas

why-franchise-owners-continue-to-invest-in-woodhouse-spas

Sylvan Learning

Clay Today: Sylvan Learning of Orange Park Celebrates 40 Years of Education and Growth

clay-today-sylvan-learning-of-orange-park-celebrates-40-years-of-education-and-growth

Layne's Chicken Fingers

FOX Business: Layne’s Chicken Fingers CEO Expresses Optimism for Small Business Growth

fox-business-laynes-chicken-fingers-ceo-expresses-optimism-for-small-business-growth

Sylvan Learning - Empowering Women in Education - Susan Valverde - Denise Tompkins - Jessica Rollins

Empowering Women in Education: How Sylvan Learning’s Female Leaders Are Making an Impact

sylvan-learning-empowering-women-in-education

Shuckin' Shack

Photo of Shuckin' Shack team gathered in a room for the brand's State of the Union

Shuckin' Shack Oyster Bar Franchise Partners Unite for Annual Conference Focused on Innovation, Growth, and Giving Back

shuckin-shack-franchisees-unite-for-annual-conference

Buying a Franchise Masterclass

 Franchise Opportunities

Get Support Buying a Franchise

How to Buy a Franchise White Paper

How to Buy a Franchise

How to Sell Franchises

How to Grow a Franchise

Find a Franchise Supplier

1851 Franchise Opportunities

Franchisor News

Franchisor Power Rankings

FranCamp Mastermind Summit

Franchise Resources

What ALEC-Laffer's Report Means for Franchising

Website Awards

Power Rankings

About 1851

Advertise on 1851

Contact 1851 Editorial

Terms of Use

Login

facebook

instagram

twitter

linkedin

youtube

Design with hundred dollar bill and orange "recession" banner across the middle

ABC News: Recession Risks Are Rising, Economists Say. Here’s What to Know.

recession-risks-impact-economy-franchise-world

NRA: Restaurants Focus On Enhancing In-Store Experiences To Attract Diners in 2025

nra-restaurants-focus-on-enhancing-in-store-experiences-to-attract-diners-in-2025

The Joint Chiropractic - Dr. Anthony Tran - IFA Franchisee of the Year - 1851 Franchise

The Joint Chiropractic’s Dr. Anthony Tran Named Franchisee of the Year by the IFA

joint-chiropractic-dr-anthony-tran-ifa

TruGolf - Hybrid Golf Franchise - Nexus Golf - 1851 Franchise

TruGolf Links Unveils Revolutionary Hybrid Golf Franchise Concept

trugolf-links-unveils-revolutionary-hybrid-golf-franchise-concept

Photo of a basket of chicken wings with dipping sauce and celery

RestaurantNews: Franchisees File Comprehensive Legal Complaint Against Hurricane AMT

restaurantnews-franchisees-file-comprehensive-legal-complaint-against-hurricane-amt

Franchise Customer Engagement | Spectrio — Emerging Leaders in Franchise Support

franchise-customer-engagement-spectrio-emerging-leaders-in-franchise-support

Meet the Supplier graphic with 1851 Franchise and LoyaltyLoop logos

LoyaltyLoop: Customer Experience Management To Boost Loyalty and Reputation

loyaltyloop-franchise-customer-experience-supplier

How Samir Wattar of Layne’s Chicken Fingers Has Found Success Working With 1851 Franchise

how-samir-wattar-of-laynes-chicken-fingers-has-found-success-working-with-1851-franchise

Franchise Banking/Financing | ApplePie Capital — Emerging Leaders in Franchise Support

franchise-bankingfinancing-applepie-capital-emerging-leaders-in-franchise-support

Franchisee spotlight featuring Ian and Dick Rydholm with gradient blue background and Sylvan logo

Ian and Dick Rydholm Celebrate 30 Years of Transforming Lives Through Sylvan Learning in El Paso, Texas

ian-and-dick-rydholm-celebrate-30-years-of-transforming-lives-through-sylvan

Florida Franchisee Reflects on Success and Growth with Sylvan Learning

florida-franchisee-reflects-on-success-and-growth-with-sylvan-learning

Paris Baguette Ranks Among Top Franchises on Entrepreneur’s Franchise 500® for 2025 - 1851 Franchise

Paris Baguette Ranks Among Top Franchises on Entrepreneur’s Franchise 500® for 2025

paris-baguette-ranks-among-top-franchises-on-entrepreneurs-franchise-500-for-2025

Domonique Downing - Big Frog Franchise - Fayetteville, GA - 1851 Franchise

Coca-Cola Scientist Finds Path to Autonomy with Big Frog Franchise in Fayetteville, Georgia

big-frog-franchise-fayetteville-georgia

Franchisee spotlight image with Randy and Sandy Craft, Children's Lighthouse logo on blue background

Franchise Deep Dive: Richard’s Painting Franchise Costs, Fees, Profit and Data

MORE STORIES LIKE THIS