Lime Painting vs Spray Net
Lime Painting vs Spray Net: Lime Painting costs $125K–$162K to open; Spray Net costs $52K–$306K. Lime Painting has 22 units, Spray Net has 24. SBA loan history: Lime Painting = 30 loans (6.7% default); Spray Net = 38 loans (13.2% default). The franchise with more SBA-funded units, lower default rate, and lower royalty load is the safer financing bet — see the comparison below.
Lime Painting vs Spray Net — Capital, Scale & Lending Analysis
Data-driven differentiation pulled from FDD filings and SBA 7(a) loan-level data. Each pairing reflects a unique combination of capital intensity, system scale, and financing path.
Capital Intensity
Spray Net requires the lower minimum capital commitment ($52K vs $125K for Lime Painting), a 140% spread. Initial franchise fees come in at $50K for Lime Painting versus $40K for Spray Net — Spray Net has the lower entry fee. Ongoing royalty load is 7% for Lime Painting and 7% for Spray Net — equal royalty drag.
System Scale & Tenure
On scale, Spray Net operates 24 units to Lime Painting's 22.
SBA Lending Profile
Spray Net has the deeper SBA lending track record with 38 historical 7(a) approvals versus 30 for Lime Painting.
Risk Signal
SBA default rates are 6.7% for Lime Painting and 13.2% for Spray Net — Lime Painting has the cleaner historical loss profile by 6.5 points. PeerSense FPI scores come in at 76 (Strong) for Lime Painting and 61 (Moderate) for Spray Net, giving Lime Painting the stronger composite signal across SBA performance, lender appetite, and operational consistency.
Health & Performance
FPI Score | 76/100 | 61/100 |
Health Tier | Strong | Moderate |
Confidence | N/A | N/A |
Lending Trend | Growing | Growing |
SBA Lending
SBA Loans | 30 | 38 |
SBA Volume | — | — |
Default Rate | 6.7% | 13.2% |
Peer Tier | established | established |
Investment & Costs
Total Investment | $125K – $162K | $52K – $306K |
Franchise Fee | $50K | $40K |
Royalty Rate | 7% | 7% |
Ad Fund | 3% | 2% |
Liquid Capital | $50K | N/A |
Net Worth Required | $150K | N/A |
Financial Performance (Item 19)
Item 19 Status | Not Disclosed | Not Disclosed |
System Size & Operations
Total Units | 22 | 24 |
Franchised Units | 22 | 24 |
Company-Owned | — | — |
Term Length | N/A | 10 yrs |
Brand Information
Year Founded | 2013 | N/A |
Franchising Since | 2007 | N/A |
Years Franchising | 19 yrs | N/A |
Headquarters | Greenwood Village, CO | MCKINNEY, TX |
Category | Painting | Painting |
Website | ||
FDD Year | 2025 | N/A |
Which Is Better — Lime Painting or Spray Net?
Lower upfront capital required
Spray Net
Lime Painting: $125K starting · Spray Net: $52K starting
More SBA lender confidence
Spray Net
Lime Painting: 30 SBA loans · Spray Net: 38 SBA loans
Lower historical default rate
Lime Painting
Lime Painting: 6.7% · Spray Net: 13.2%
Larger system & brand presence
Spray Net
Lime Painting: 22 units · Spray Net: 24 units
Lower ongoing royalty load
Tie
Lime Painting: 7% · Spray Net: 7%
More lender financing options
Lime Painting
Lime Painting: 7 unique lenders · Spray Net: 6 unique lenders
Decision matrix uses publicly disclosed FDD and SBA loan data. Not a recommendation — your best franchise depends on capital, market, operating capacity, and risk tolerance.
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About These Franchises
Lime Painting vs Spray Net: Franchise Funding Comparison
Comparing Lime Painting and Spray Net is about more than brand preference — it's about which franchise fits your financial profile and funding strategy. Investment ranges from $52K to $306K.
Both brands have active SBA lending histories — Lime Painting with 30 SBA loans and Spray Net with 38. This means proven lender acceptance and established underwriting paths for franchise buyers.
SBA 7(a) loans are the most common franchise funding vehicle, offering up to $5M with as little as 10% down. PeerSense connects franchise buyers with the specific lenders who have approved loans for these brands — not generic referrals, but lenders with actual franchise lending track records.
Data sourced from SBA loan records, Franchise Disclosure Documents, and public filings. Updated regularly. Not financial advice — consult with a lending professional before making investment decisions.