Lifetime Green Coatings franchise
2022 filing · January 13, 2022Shares sales figures
Lifetime Green Coatings at a glance
A garage and commercial floor coating business that also designs and installs garage cabinets and storage.
The business
- Industry
- Home service
- Franchisor
- Lifetime Green Coatings LLC
- The company that sells the franchises
- Franchisor based in
- Richardson, Texas
What you pay
- Cost to open
- $97K–$150K
- A Lifetime Green Coatings business with a base territory
- Franchise fee
- $49,500
- For a base territory of about 100,000 single-family homes
- Royalty
- 6% + minimum
- The greater of 6% of gross sales or a weekly minimum, paid weekly; 9% on customers outside the territory
- Brand fund
- 1%
- 1% of gross sales, paid weekly; it can rise to 2%
- Agreement length
- 10 years
- Territory
- Limited
- Limited protection
- Franchisor financing
- None offered
Where it is
- Franchised, 2021
- 0
- As printed in the filing
From Lifetime Green Coatings LLC’s 2022 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Lifetime Green Coatings among all franchises with the same figure.
| Figure | Lifetime Green Coatings | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $123,375 | Costs less than 83% of franchises |
| Franchise feePaid once, when you sign | $49,500 | Higher than 64% of franchises |
| RoyaltyShare of sales paid to the franchisor | 6% | Higher than 35% of brands with a set rate |
How much a Lifetime Green Coatings franchise costs
Opening a Lifetime Green Coatings business with a base territory costs an estimated $97,000 to $149,750. That covers the franchise fee and everything else needed to open, through the first months of working capital. It is one of the low-cost franchises.
The biggest costs are initial franchise fee ($49,500) and additional funds – 3 months ($15,000 to $40,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $49,500 | ||
| Construction and Leasehold Improvements | $0 | $4,000 | |
| Lease Deposits – 3 Months | $1,500 | $4,000 | |
| Equipment | $0 | $2,500 | |
| Initial Inventory | $15,000 | $20,000 | |
| Service Vehicle | $4,000 | $7,500 | |
| Computer, Software and Point of Sales System | $3,500 | $5,000 | |
| Grand Opening Marketing | $5,000 | ||
| Insurance Deposits – 3 Months | $750 | $1,500 | |
| Travel for Initial Training | $500 | $5,000 | |
| Professional Fees | $2,000 | $5,000 | |
| Licenses and Permits | $250 | $750 | |
| Additional Funds – 3 months | $15,000 | $40,000 | |
| Total | $97,000 | $149,750 | |
Source: Lifetime Green Coatings LLC, 2022 filing, page 18
Lifetime Green Coatings franchise fee
The franchise fee is $49,500, for a base territory of about 100,000 single-family homes. You pay it when you sign the franchise agreement.
Source: Lifetime Green Coatings LLC, 2022 filing, page 11
Royalty and ongoing fees
| Royalty | The greater of 6% of gross sales or a weekly minimum, paid weekly; 9% on customers outside the territory. |
|---|---|
| Brand or marketing fund | 1% of gross sales, paid weekly; it can rise to 2%. |
| Technology Maintenance | Up to $400 per month. Currently we do not charge a Technology fee. |
| NSF Check Fee of Failed Electronic Fund Transfer | 5% of amount or $50 whichever is greater or maximum fee allowed by law |
| Additional Employee Initial Training | Our then current training fee, currently $400 per person per day |
| Franchisee Directed Local Marketing | 5% of Gross Sales or Minimum Monthly Local Marketing Requirements |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Lifetime Green Coatings LLC, 2022 filing, page 12
Other fees as filed, from pages 12–14. The filing lists every fee, including late fees and audit costs.
Sales and earnings
Shares figures Lifetime Green Coatings publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
Source: Lifetime Green Coatings LLC, 2022 filing, page 42
SBA loans to Lifetime Green Coatings franchisees
Lenders approved 26 SBA 7(a) loans for Lifetime Green Coatings franchisees from 2023 to 2025, $4.89M in all. Of the 8 that have ended, 7 were paid in full and 1 was charged off. The other 18 haven’t ended yet.
A charged-off loan is one written off as uncollectible. See SBA franchise loans for how 7(a) and 504 loans work.
Source: SBA 7(a) and 504 loan data, as of September 30, 2026
How Lifetime Green Coatings compares
Of the 475 home service franchises on this site, Lifetime Green Coatings is the 177th cheapest to open.
| Figure | Lifetime Green Coatings | Typical home service brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $97K | $115K | $222K |
| Cost to open, high end | $150K | $202K | $477K |
| Franchise fee | $50K | $50K | $40K |
| Royalty | 6% | 7% | 6% |
| Brand fund | 1% | 2% | 2% |
| Shares earnings figures | Yes | 367 of 475 | 2,147 of 3,352 |
Typical is the median across the 475 brands in home service franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned |
|---|---|---|
| 2019 | 0 (0) | 2 |
| 2020 | 0 (0) | 2 |
| 2021 | 0 (0) | 2 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
These figures don't add up as printed: the 2019 counts come to 2, but the filing shows 0. Worth asking the franchisor.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: franchise failure rates.
Source: Lifetime Green Coatings LLC, 2022 filing, page 46
Where Lifetime Green Coatings locations are
At the end of 2021, Lifetime Green Coatings had locations in 2 states. The most are in Colorado and Texas.
- Colorado1
- Texas1
Source: Lifetime Green Coatings LLC, 2022 filing, page 47
Who owns Lifetime Green Coatings?
Lifetime Green Coatings franchises are sold by Lifetime Green Coatings LLC. Its filing names no parent company.
From Lifetime Green Coatings LLC’s 2022 filing, page 8.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: Lifetime Green Coatings LLC, 2022 filing, litigation on page 10, bankruptcy on page 10
Lifetime Green Coatings filings
The figures on this page come from Lifetime Green Coatings LLC’s 2022 filing, issued January 13, 2022, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2022 filing | January 13, 2022 | NASAA depository | Costs, fees and locations, 2019–2021 |
Each link opens the filing as a PDF. See the newest filings across all brands.
