Richard's Painting specializes in residential and commercial painting services, providing high-quality workmanship and exceptional customer service to transform spaces with beautiful and lasting results.
KEY FRANCHISE STATS
Franchisees
?
18
+
500%
500%
Franchise fee
?
$39,950
Investment
?
$60,000 - $110,000
Revenue (AUV)
?
Undisclosed
$166,000
+
-24.8%
-24.8%
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Richard's Painting is a reputable franchise specializing in high-quality residential and commercial painting services. Founded in 2000 in the United States, Richard's Painting has established itself as a leader in the painting industry. The company is headquartered in Phoenix, Arizona, and began its franchising journey in 2007.
This strategic expansion has allowed Richard's Painting to extend its exceptional painting services across a broader geographic area. Richard's Painting distinguishes itself from competitors through its commitment to quality and customer satisfaction.
The franchise offers a comprehensive range of painting solutions, including interior and exterior painting, wallpaper installation, and custom color consultations. What sets Richard's Painting apart is its focus on using premium materials and employing highly skilled, professional painters who undergo rigorous training.
Initial investment
The initial investment required for a Richard's Painting franchise is
$60,000 - $110,000.
That is the total cost you would need to finance if you were to start this franchise.
These costs are provided by the franchisor in the Franchise Disclosure Document.
Type of Expenditure
Amount
Initial Franchise Fee
$39,950
Storage Unit
$0 – $300
Lease Deposits – Three Months
$0 – $3,000
Furniture, Fixtures, and Equipment
$500 – $1,000
Initial Inventory
$500 – $1,000
Printing, Stationery, and Office Expenses
$1,000 – $1,750
Computer, Software, and Business Management System
$1,000 – $2,000
Service Vehicle
$700 – $20,000
Start-Up Marketing
$2,500 – $5,000
Insurance Deposits – Three Months
$750 – $1,500
Travel for Initial Training
$2,000 – $6,000
Professional Fees
$1,000 – $2,500
Licenses and Permits
$250 – $500
Additional Funds – Three Months
$10,000 – $25,000
Total Estimate
$60,150 – $109,500
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Type of Expenditure
Amount
Initial Franchise Fee
$39,950
Storage Unit
$0 – $300
Lease Deposits – Three Months
$0 – $3,000
Furniture, Fixtures, and Equipment
$500 – $1,000
Initial Inventory
$500 – $1,000
Printing, Stationery, and Office Expenses
$1,000 – $1,750
Computer, Software, and Business Management System
$1,000 – $2,000
Service Vehicle
$700 – $20,000
Start-Up Marketing
$2,500 – $5,000
Insurance Deposits – Three Months
$750 – $1,500
Travel for Initial Training
$2,000 – $6,000
Professional Fees
$1,000 – $2,500
Licenses and Permits
$250 – $500
Additional Funds – Three Months
$10,000 – $25,000
Total Estimate
$60,150 – $109,500
Franchise Disclosure Document
Below is Richard's Painting's 2024 Franchise Disclosure Document. Upgrade to Pro or purchase the FDD to view and download the document.
Number of units
Richard's Painting had 19 total units in 2024, of which 18 were franchised-owned and 1 company-owned.
Frequently Asked Questions
What is the royalty fee?
The royalty fee for a Richard's Painting franchise is 5.00%. In addition, you would have to pay the advertising (or national brand fund) fee of 5.00%.
What is the total investment?
The initial investment required for a Richard's Painting franchise is $60,000 - $110,000. That is the total cost you would need to finance if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
What is the initial franchise fee?
The initial franchise fee for a Richard's Painting franchise is $39,950. This is typically paid upfront as part of the total initial investment, after signature of the Franchise Agreeement.
Richard's Painting Franchise provides comprehensive training designed to ensure franchisees are well-equipped to deliver top-notch painting services and manage their businesses effectively. The training program typically includes:
Initial Training: Franchisees undergo an extensive initial training program at the franchise’s headquarters or a designated training facility. This training covers all aspects of the business, including painting techniques, color consultation, customer service, and the use of equipment and materials.
Operational Training: Franchisees receive detailed instruction on the day-to-day operations of running a Richard's Painting franchise. This includes learning about the company's operational procedures, project management, scheduling, and managing the logistics of painting jobs.
Marketing and Sales Training: The training program includes strategies for local marketing, sales techniques, and customer acquisition. Franchisees learn how to effectively promote their services, engage with potential clients, and build a strong local presence.
Territory Protection
Richard's Painting Franchise offers territory protection to its franchisees, ensuring that each franchise operates within a defined geographic area without overlapping with other franchise units.
This protection helps franchisees build a strong local presence and reduces the risk of direct competition from within the franchise network.
By clearly delineating territories, Richard's Painting fosters a supportive environment where franchisees can focus on growing their businesses and serving their communities effectively.