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Updated Recently360 Painting vs LIME Painting Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of 360 Painting vs LIME Painting including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $99,125 - $139,500 | $124,700 - $162,375 |
| Franchise Fee | $60,000 | $45,000 |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 2% | 4% |
| Year Founded | 2006 | 2014 |
| Year Franchised | 2006 | 2018 |
| Term Of Agreement | 5 years | - |
| Term Of Agreement | 5 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | Yes/Yes | -/- |
| Start-up Costs | -/Yes | -/- |
| Equipment | -/Yes | -/- |
| Inventory | -/Yes | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | 360 PAINTING offers the most comprehensive franchisee training program in the home services industry. The initial training is two weeks and covers all angles of running a home based business from initiating your marketing plan, completing estimates and finding the right painters to complete the projects. This also includes a full week in your territory with one of our support staff. Estimating Software Business Management Software Franchisee Resource Center Recruiting and Managing Employees and Sub-Contractors Marketing and Sales Paint Technology, etc. On-The-Job Training: 40 hours Classroom Training: 36 hours | On-The-Job Training: 4 hours Classroom Training: 45 hours |
| Support | Opening a business will present you with many new bridges to cross. As you implement the 360° PAINTING systems and grow your business, we are there to support you each step of the way. You will have access to support from our corporate staff who have years of experience in both supporting franchisees and the painting industry. Our franchisee to support staff ratio is the best in the business and we offer additional training programs throughout the year. Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Ongoing Support Purchasing Co-ops Newsletter Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | - | Absentee Ownership Allowed Number of Employees Required to Run: 3 |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About 360 Painting
A 360 Painting franchise offers opportunities in the $100 Billion home improvement industry. We provide you with the knowledge, systems and support to run your own business.
In today's market, where people are constantly remodeling and redecorating their homes and businesses, the painting industry continues to grow. While no business is recession proof, home services businesses are countercyclical. Instead of moving into newer or bigger homes, people tend to stay put and improve the home they are in.
Homeowners are expected to increase their spending on home improvement projects to over $300 billion within the next seven years. With a 360 Painting franchise you can tap into this growing market.
It's a matter of trust and revamping a home or business can be an exciting yet stressful time for an owner.
The 360 Painting franchise sales and estimating techniques help to take the stress out of the process and allow you to capitalize on the market. Our proprietary technology and procedures help to establish a trusting relationship with the customer. When you gain trust, you gain positive references, a solid reputation in your community and repeat business.
* Homeowners spent $198.5 billion on home improvements in 2004
* Expected spending is $309.3 billion in 2013
* Less than 12% of Homeowners moved in 2008
At 360 Painting Franchise owners can expect to achieve the following:
* Grow your Business - The 360 Painting franchise marketing techniques allow you to enter the market and take control of it quickly.
* Get off on the Right Foot - With a low initial investment, you can get your business started without going deep into debt.
* Control - This is your business. You can control how quickly and efficiently your business grows.
* Generate Wealth and Equity - When you're ready to retire there is more waiting for you than a cake and a pat on the back. As a business owner you can sell your business and be rewarded for what you have built!
When you become a 360 Painting franchisee, you have an immediate advantage over "Pete the Painter." You have access to the training and support of our experienced staff along with Sherwin-Williams, the worlds largest paint company.
Veteran Incentives 20% off franchise fee
#255 in Franchise 500 for 2020.About LIME Painting
!["LIME]("https://fddexchange.com/wp-content/uploads/2019/03/LIME-Painting.png")
By focusing solely on high-end homes and businesses within the market, LIME has created a niche that does not compete with other painting franchise options.
With 15 different revenue streams,LIME Painting Franchise Owners have the ability to generate higher revenues on each job.
LIMEWare technology platform provides a centralized mobile-based platform to gain insight and manage the ins and outs of our Franchise Owners' home improvement business.
Build a solution-driven model with LIME Painting!
Reasons why LIME Painting Franchise stands above other painting companies & franchise opportunities:
1.
15 Revenue Streams
Our multiple revenue streams include everything a high-end homeowner would need to maintain and perfect the interior and exterior of their homes.
2.
Low Cost, Quick Ramp-Up
Franchise Owners are able to start and own their business for around $90,000. LIME Painting is also a home-based business which helps allow for a quick ramp-up time of only 30-90 days!
3.
Proprietary Software
The technology platform, LIMEWare, creates a hub for all things related to owning and operating a LIME Painting franchise. LIMEWare offers a competitive advantage over other painting companies.
4.
Strong Economics
With our 15 different revenue streams, our Franchise Owners are provided with unlimited potential to generate strong returns. In 2017, our average Gross Revenue was $2,000,737 with a Gross Profit of $458,753!
5.
No Competition
LIME Painting Franchise Owners typically have no competition. Our clients own custom properties or businesses that are valued within the top 5% of their markets.
6.
Giving Back
LIME Light Outreach was created to empower the local youth in our markets through the use of fundraisers, networking, and by building awareness around faith, family, patriotism, and prosperity.