Go PaintingFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A Go Painting franchise requires a total initial investment of $129K – $172K, including a $60K franchise fee and an ongoing 7.0% royalty[2]. Per the 2025 FDD, average unit revenue was $7.7M[2]. Verdict grade: A. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $129K – $172K
- 47th pct Home Services
- Avg gross sales
- $7.7M
- 52nd pct Home Services
- Royalty
- 7.0%
- 28th pct Home Services
- Units
- 24
- 29th pct Home Services
- SBA default
- 0.0%
- system-wide median varies by category
Quick verdict · Home Services · color = vs category peers
Green = >15% above Home Services avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Each dollar invested generates 51.4x in gross revenue, well above the typical 1.5-2.5x range.
Started franchising in 2023. Newer systems carry more uncertainty but may offer better territories.
Bottom line
- Total investment $129K – $172K including a $60K franchise fee, 7.0% ongoing royalty.
- Average unit revenue of $7.7M/year.
- Verdict A (Top Quintile) with a risk score of 19/100.
- Bankruptcy history disclosed in the FDD. Review Item 4 for details before proceeding.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- Go Painting, LLC
- Parent company
- LFGO Holdings Inc.
- Incorporated in
- UT
- HQ
- 1108 E South Union Ave. Midvale, UT 84047
- Auditor
- Sadler Gibb
- Audited financials
- Franchisor revenue
- $0
- Most recent fiscal year
Overview
About
Go Painting franchisees operate residential and/or commercial interior/exterior painting services, managing crews, client relationships, scheduling, and job execution. Day-to-day activities include estimating projects, coordinating labor, ensuring quality control, managing customer communication, and handling billing and administrative operations. Franchisees pay 7% of gross revenue in royalties regardless of profitability.
- CEO
- Shaun McMurry
- Headquarters
- UT
- Founded
- 2022
- FDD year
- 2025
- States available
- 7
FDD Item 7 · 2025 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $60K | $60K |
| Working capital (3–6 mo) | $15K | $25K |
| Equipment, build-out, other | $54K | $88K |
| Total initial investment | $129K | $172K |
Source: Go Painting 2025 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Single-unit · estimated
Returns at a glance
Indicative numbers using FDD Item 7 / Item 19 inputs and category-benchmarked cost ratios. Full single-unit, 25-unit portfolio, and LBO models (with every input editable to stress-test your own scenario) live on the financials page.
Store EBITDA · annual
$773K
10.0% margin
Unlevered ROIC
454%
EBITDA / total invested capital
Payback
3 mo
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $129K – $172K
- Near category avg vs category
- Liquid capital req'd
- $15K – $25K
- Better than avg vs category
- Franchise fee
- $60K – $195K
- Near category avg vs category
- Royalty
- 7.0%
- Gross Revenue · typical 6–8%
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 9.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 7.0% of gross sales |
| Marketing / ad fund | 2.0% of gross sales |
| Technology fee | $499 |
| Transfer fee | $15K |
| Renewal fee | $5K |
| Total fee load | 9.0% of rev |
Financial Performance
- Avg gross sales
- $7.7M
- Per unit, per year
- Median gross sales
- N/A
- Item 19 type
- Affiliate Locations
- Sample size
- 3 units
- vs category median 25 · small
- Range (low → high)
- $2.7M→$12.8M
- Cohort dispersion (min → max)
- Transparency
- 7 / 5
- vs category median 4 / 5 · above
Compared against 349 Home Services brands
Revenue is 51.4x the investment midpoint. At typical franchise margins, this suggests a payback under 3 years.
vs Home Services averages
How Go Painting Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 24
- Opened
- 21
- Last reporting year
- Closed
- 0
- Turnover rate
- 0.0%
- Company-owned
- 3
- Corporate units in the system
- % franchised
- 88%
- vs corporate-owned
3-year detail · Item 20
- Transfers (3yr)
- 0
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 22 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator. Not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA loan disclosures. This brand has only 1 7(a) loan on file; statistical reliability is limited below 10 loans.
- Total loans
- 1
- Loan volume
- $150K
- Median loan
- $150K
- 50th percentile
- Charge-off rate
- 0.0%
- rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- N/A
- 5-yr charge-off
- N/A
- Loans approved 2021+
- Active lenders
- 1
- Defaults
- 0
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into Go Painting's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 1 lenders with concentration factor
- Per-state charge-off rates across 1 states
- Startup risk premium and job creation velocity
- 1-year lending trend
Instant access. No subscription.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Go Painting presents elevated risk due to undisclosed net profitability, historical labor law violations in related entities, stagnant unit count, and lack of transparent financial performance data to justify $188k+ initial investment.
Litigation (Item 3)
0 case reference(s): 1 pending, 0 settled.
Bankruptcy (Item 4)
Disclosed in last 7 years
Bankruptcy Code; (b) obtained a discharge of its debts under the bankruptcy code; or (c) was a principal officer of a company or general partner of a partnership that either filed as a debtor (or had filed against it) a petition to start an action under the U.S. Bankruptcy Code or that obtained a di
Audited financials (Item 21)
Yes · Sadler Gibb
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: No
- Must buy proprietary products: No
Score breakdown · what drove the 19 / 100 rating
- 01HIGHFLSA litigation settlement ($3.67M) indicates potential wage/labor compliance issues that may affect franchisee operations and liability exposure
- 02MINORNo net income disclosure (Item 19) prevents validation of actual profitability claims; average revenue of $668k may not translate to acceptable franchisee earnings after 7% royalty, operating costs, and labor
- 03MINOROnly 24 units with unknown growth trajectory suggests stagnant or declining system; insufficient scale to validate business model replicability
- 04MINORHigh initial investment ($128.7k-$172.2k) combined with $59.5k franchise fee ($188.2k-$231.7k total) and no profitability transparency creates significant downside risk
- 05HIGHLitigation history tied to Unforgettable Coatings (related entity) raises questions about corporate governance, compliance culture, and ongoing labor practice vulnerabilities
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Territory type | Population |
| Protected territory | Yes |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| Termination notice | 30 days |
| Termination groundsℹ | 2 |
| Mandatory arbitration | Yes |
| Governing law | Utah |
| Litigation count | 1 |
View Item 3 litigation summary
0 case reference(s): 1 pending, 0 settled.
Items 10, 11
Training & Operations
- Classroom training
- 42 hrs
- On-the-job training
- 10 hrs
- Training location
- On-site at franchisee's restaurant
- POS system
- Quickbooks Online
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Quickbooks Online
Item 20 · call current owners
Franchisee Contacts
30 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Go Painting · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Go Painting franchise?
The total investment to open a Go Painting franchise ranges from $129K – $172K, with an initial franchise fee of $60K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Go Painting franchise owners earn?
According to Item 19 of the Go Painting FDD, the average gross sales per unit is $7.7M. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is Go Painting's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Go Painting (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many Go Painting franchise locations are there?
As of their most recent FDD filing, Go Painting has 24 total units in the United States, including 0 franchised units and 3 company-owned units. 21 new units were opened in the latest reporting year.
Is Go Painting a good franchise to buy?
FranchiseVerdict rates Go Painting as a A-grade franchise with a risk score of 19 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.