200% GROWTH! SIGNIFICANT SELLER FINANCING! NORTH TEXAS

FRANCHISE FOR SALE IN DALLAS COUNTY, TEXAS

List Price: $300,000 USD

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INTRODUCE ME TO THE SELLER

Annual Gross Revenue:

$400,000 USD

Annual Net Profit:

$100,000 - $150,000

Value of Inventory:

$0

Value of Assets:

Less Than $25,000

Business Category:

Home Services

Business Operates From:

My Home

Year Established:

2020

Seasonal Business:

No

1-3 Months

TRANSITION SUPPORT

Somewhat

PRICE/TERMS
FLEXIBILITY

Part-time

OWNER INVOLVEMENT

SUMMARY

It’s time to own LIME Painting! High profit, low costs, and giving back to the community, are key with LIME. ---> Potential, potential, potential is the word for LIME Painting North Texas. 2022 revenue is on track to increase 200-300% over 2021! ---> 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 2020, this franchise includes Dallas and Collin counties. Combined these counties boast in excess of 35,000 homes valued $750,000 to $2M+ according to census data aggregator DataUSA.io. ---> The franchise offers 40 different revenue streams including painting, coatings, and surface restoration services to gutters. ---> More important, the seller has crafted a masterful marketing strategy used in conjunction with the door-to-door method corporate teaches. This is a formal business plan including established relationships with Sherwin Williams stores region-wide. The seller has laid out the roadmap, all the buyer has to do is follow it. ---> The seller has developed a network of quality subcontractors, each vetted to his high standards. ---> 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 bootcamps and on site at your location. ---> The LIME Painting North Texas is a unique, rare opportunity with a mission-driven franchise with high margins. ---> Don't let this opportunity pass you by. Don’t wait to talk!

PHOTOS

FACTS

Part-Time Employees:

0

Full-Time Employees:

1-5

Total Employees:

Less Than 10

Timeframe for sale:

Flexible

Total Approx. Monthly Rent:

N/A

VIDEO

DESCRIPTION

DAY-TO-DAY INVOLVEMENT

The owner focuses on business development and administrative. He has resources in the business who manage estimating services and field operations. ---> The owner has built a stable, repeatable sales funnel that far exceeds that taught by the franchisor.

FRANCHISE BRAND ACCOLADES AND AWARDS

LIME Painting is a renowned franchise with multiple awards and press: #468 on Entrepreneur Franchise 500 2022 ---> Entrepreneur Top New & Emerging Brand 2022 ---> Entrepreneur Franchise 500 Top Low-Cost Franchise 2022 ---> Top Driven CEO of 2021 ---> Corporate LiveWire Innovation & Excellence Awards 2021 ---> Corporate Vision 2021 Corporate Excellence Awards ---> The Best Franchise Opportunities to Buy & Own 2021 ---> The Leaders Globe 10 Most Successful Franchises to Watch 2021 ---> Franchise Journal Top Brands 2020 ---> 10 Most Innovative Companies of the Year 2020 ---> Corporate Excellence Awards Most Outstanding Commercial Painting Company 2020 - Colorado ---> SR 30 Best Small Companies to Watch ---> 2019 Fastest Growing Franchises ---> BBB Accredited Business A+ Rating ---> EPA Lead-safe Certified Firm ---> Green Stands for Quality certification

ASSET DESCRIPTION

The sale includes assets valued at $2,000: minimal signage, apparel, and a company computer.

INVENTORY DESCRIPTION

The business holds no inventory. Paint is purchased on a job-by-job basis.

ADDITIONAL INFO

LIME Painting North Texas is walk-in ready. The franchise completed 14 projects in 2022 and 7 in 2021. The 2022 projects averaged $14,395. That's more than two times the LIME system of $7,000 per project. ---> Over the course of two years, the seller has been able to establish relationships with some of the best sub-contractors in DFW. They do quality work, at a good pace, and treat our clients well. That’s tough to find. ---> The seller is setting up the buyer for success with a sales funnel with an excess of $1M in real opportunities. Real opportunities, meaning no garbage in the funnel. He practices rigorous funnel management with my team. If an opportunity is there, it’s real. ---> The seller has adjusted the client acquisition model. LIME Painting, the franchise model, relies on door-to-door sales. The seller has worked the door-to-door opportunity and has had a fair amount of success. ---> The seller has moved beyond the door-to-door method and added other channel strategies. Such as developing senior supplier relationships. He has engaged with the Sherwin Williams West Division President, SVP and VP of retail, who have further pushed their support of Lime Painting North Texas through their 100+ retail stores in the area. This results in leads from customers who go to Sherwin Williams asking for help with their project. ---> Realtors: Seller has established relationships with 100+ in-market realtors for the purpose of getting qualified leads. ---> Roofing Companies: Share leads with each other. ---> General Contractors: Gained introductions and in person interaction, which results in a quicker path to closing commercial opportunities. ---> All of the above are outside of the regular LIME Painting approach, and will pay immediate dividends for the new owner.

BONUS MATERIAL

WHY I LOVE MY FRANCHISE

I really enjoy the freedom of being a business owner. It offers a great deal of flexibility, much more than corporate America. You do business with who you want and you don't have to take projects from people who are difficult to work with. You really are in control of your destiny. ---> With LIME specifically, I love transforming clients' most valuable asset, their home. I've enjoyed building relationships with subcontractors and senior suppliers and cross-marketing opportunities with professionals in similar fields like roofers and Realtors. Finally, building a unique, turnkey marketing system that will benefit the business for years to come has been a huge accomplishment.

REASON FOR SELLING

The owner must sell for family health issues. He has built a strong business with a bright future and is disappointed he must leave it.

GROWTH OPPORTUNITIES

LIME Painting North Texas is a true turnkey opportunity. Follow the business plan the seller will share and growth will be automatic. ---> The seller has a sales funnel with an excess of $1M in real opportunities.

Significant

SELLER FINANCING AVAILABLE

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