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When entrepreneur and founder of <a href="https://limepaintingfranchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=how-lime-paintings-strong-item-19-reveals-the-strength-of-the-go-to-painting-and-contracting-brand-for-high-end-homes-2710461" target="_blank" rel="nofollow" style="text-decoration-line:none" target="_blank">LIME Painting</a>, Nick Lopez, identified an underserved segment in the commercial and retail painting industry, he realized he was staring down an opportunity to bring <a href="https://1851franchise.com/limepainting/top-performing-lime-painting-franchise-brings-high-end-service-to-high-end-homes-2709562" style="text-decoration-line:none" target="_blank">high-end services to high-end homes</a>. Lopez, who had started his own painting company in college as a means to support himself financially while earning his undergraduate degree in business, was familiar with the industry. In order to provide painting and contracting services to highly-valued custom properties, Lopez founded <a href="https://1851franchise.com/limepainting/info/index.html" style="text-decoration-line:none" target="_blank">LIME Painting</a> in Denver in 2013.&nbsp;

The second-to-none home services brand utilizes an advisor model, an expert team of skilled artisans and premium tools for unparalleled home improvement. Additionally, LIME Painting prides itself on its values-driven approach, wherein the core brand values of &ldquo;love, integrity, mission and excellence&rdquo; influence every aspect of the business.

That approach is paying off. Since its founding, LIME Painting has differentiated itself as a luxury, holistic service provider in the high-end market, operating within a $400 billion industry with no national competitors. <a href="https://limepaintingfranchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=how-lime-paintings-strong-item-19-reveals-the-strength-of-the-go-to-painting-and-contracting-brand-for-high-end-homes-2710461" target="_blank" rel="nofollow" style="text-decoration-line:none" target="_blank">Within the first four years of launching, LIME Painting generated approximately $5.5 billion with nearly $1.2 million in gross profit</a>.

It is no surprise, then, that as a result of its highly differentiated model, LIME Painting can claim strong financials when it comes to Item 19 of its franchise disclosure document, or FDD.

&ldquo;Overall, our numbers indicate a high potential for return on investment,&rdquo; said Lopez. &ldquo;We have best in class unit economics and a recession-resistant model because our clientele tends to have discretionary income and is committed to maintaining the equity of their greatest asset: their home.&rdquo;

That investment is reflected in LIME Painting&rsquo;s financials over time, which show steadily growing gross revenue and gross sales. In 2019, the value for each, respectively, was just over $2 million.

&ldquo;Our consistent growth shows that the market has accepted the model and that our approach is sufficiently differentiated,&rdquo; said Lopez. &ldquo;Clients are adding on more and more of our services because they&rsquo;re recognizing the value that LIME brings and that validates the model in a local territory.&rdquo;

Another contributor to Item 19&rsquo;s strong numbers and continued growth?&nbsp;

&ldquo;The fact that we offer <a href="https://limepainting.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=how-lime-paintings-strong-item-19-reveals-the-strength-of-the-go-to-painting-and-contracting-brand-for-high-end-homes-2710461" target="_blank" rel="nofollow" style="text-decoration-line:none" target="_blank">15 revenue streams</a>,&rdquo; says Lopez, referring to the 15 distinct services the brand offers to homeowners. &ldquo;Being able to deliver that much value to clients leads to average LIME project earnings of approximately $12,000 versus the industry average of $3,000 and only five to eight different services.&rdquo; 
Given these higher-grossing projects, LIME Painting reported a 2018 gross profit of $458,753 at a 6% royalty rate.

&ldquo;For the same buy-in cost and the lowest royalty fee in the sector, we offer much more aggressive margins than those of competitors,&rdquo; said Lopez. &ldquo;Our buy-in is right at the industry average, but then we&rsquo;re on the lower-end when it comes to royalties. Add double the services that you can offer compared to the industry average and your franchisees are optimally positioned for success.&rdquo;

LIME Painting is seeking qualified, purpose-driven franchise partners who want to share in the brand&rsquo;s infectious culture and vision as they prioritize customer service to scale and grow into multiple territories. Start-up costs for a LIME Painting franchise range from $89,550 to $115,275 and include a $45,000 single-unit franchise fee. For more information on available franchise opportunities, visit <a href="https://limepaintingfranchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=how-lime-paintings-strong-item-19-reveals-the-strength-of-the-go-to-painting-and-contracting-brand-for-high-end-homes-2710461" target="_blank" rel="nofollow" style="text-decoration-line:none" target="_blank">https://limepaintingfranchise.com/</a>.&nbsp;

How LIME Painting’s Strong Item 19 Reveals the Strength of the Go-To Painting and Contracting Brand for High-End Homes

1851 Franchise

A team of experts, a values-driven approach to business and steadily climbing gross sales with a low royalty rate all position franchisees for success.

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