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Richard’s Painting

Health & FitnessTerritory: Non-exclusive territory

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Key figures

Initial franchise fee$39,950
Total investment (Item 7)$60,150 – $109,500
Royalty (Item 6)5% of gross sales
Franchised units (Item 20)18 (Item 20, p.45)
Brand websitehttps://www.richardspainting.net

About Richard’s Painting

TERRITORY (Item 12): territory is NOT exclusive - the FDD states you will not receive an exclusive territory. Our business is operating Richard’s Painting franchise system and granting franchises to third parties like you to develop and operate a Franchised Business. We license a system (the

Territory — what the FDD says (Item 12)

Non-exclusive territory — classified from Item 12, p.29 of the brand's FDD

Under this brand's Item 12 rule, you do not receive an exclusive territory. The franchisor may sell additional franchises in the same area. It may also operate company units there. Or it may sell through other channels. No area is reserved for you. No area is closed to you by another franchisee's exclusivity either. Placement is the franchisor's decision.

The FDD's own words (Item 12): “territory is NOT exclusive - the FDD states you will not receive an exclusive territory. Our business is operating Richard’s Painting franchise system and granting franchises to third parties like you to develop and operate a Franchised Business. We license a system (the”

Where Richard’s Painting operates today

Per the brand's FDD outlet table (Item 20, Table 3 — franchised outlets by state, latest fiscal year): 16 franchised units across 7 states.

NJ10 units
FL1 units
LA1 units
MA1 units
MI1 units
TN1 units
WA1 units

Projected openings (Item 20, Table 5)

Franchise agreements the FDD projects for the next fiscal year:

NC2 projected
TN2 projected
CA1 projected
GA1 projected
SC1 projected

Source: richards-painting-fdd-2024-d47fac47.pdf, Item 20. Counts are the franchisor's own disclosures.

Why two unit counts? The Key figures above cite 18 franchised units (Item 20, p.45) — the franchisor's reported franchised-unit total. The map above sums Item 20, Table 3 (franchised outlets by state at fiscal year-end), which totals 16. The two Item 20 figures are compiled on different bases, so they need not match.

Availability

Because this brand grants no exclusive territory, there are no territory-based exclusions: no area is reserved for an existing franchisee, and no area is reserved for you. Whether a new unit is placed anywhere is the franchisor's decision under Item 12.

Next steps with Richard’s Painting

Put Richard’s Painting on a shortlist. Compare it side by side with two other brands. Check it against your budget in the PerfectFit Quiz. Or talk it through with a vetted consultant. That conversation is free to buyers; call (385) 475-5319. Only the franchisor can confirm current terms. Only the franchisor can confirm territory availability.