Lime Painting

Statistics & metrics

• Investment range$126,700 - $227,075
• Franchise fee$60,000
• RoyaltyThe Royalty Fee is the greater of (i) the percentage listed below, or (ii) the required Minimum Royalty payment. On your first $2,500,000 in annual Gross Sales, the Royalty Fee is 7% of Gross Sales. The Royalty Fee is 5% of Gross Sales on your Gross Sales between $2,500,000.01 and $5,000,000. The Royalty Fee on Gross Sales of $5,000,000.01 or greater is 4% of Gross Sales. The Minimum Royalty starts once your Franchised Business has been operating for a period of six months, and is: (i) $500/month starting in your 6th full calendar month of operation and continuing through your 11th full month of operation; (ii) $1,500/month in months 12 through 17 of operation after your initial launch; and (iii) $3,000/month in your 18th and each subsequent calendar month of operation of your franchise term in connection with that Franchised Business.
• Brand fundIf your annual Gross Sales are $2,500,000 or less, then your contribution to the Brand Fund is 100% of the then-current amount. If your annual Gross Sales are greater than $2,500,000, but less than $5,000,000, then your contribution to the Brand Fund is the then-current amount, less 1%. Only if the Brand Fund Contribution is set at 3% and you generate $5,000,000 or more in annual Gross Sales, then your contribution to the Brand Fund will be 1% of Gross Sales. We reserve the right to require you to contribute an amount equal to up to three percent (3%) of the Gross Sales of your Franchised Business.
• Required Liquid CapitalN/A
• Required Net WorthN/A