Richard’s Painting vs Truly Nolen
Franchise Comparison 2026
Both Richard’s Painting and Truly Nolen are home services franchises. Richard’s Painting requires an investment of $60K – $110K while Truly Nolen requires $50K – $122K. Richard’s Painting discloses average revenue of $571K; Truly Nolen does not report Item 19 data. FranchiseVerdict rates Richard’s Painting A (Top Quintile) and Truly Nolen C (Average).
| Metric | Richard’s Painting | Truly Nolen |
|---|---|---|
| Verdict Grade | ATop QuintileTop Quintile | CAverageAverage |
| Investment Range | $60K – $110K | $50K – $122K |
| Franchise Fee | $40K | $35K |
| Royalty Rate | 5.0% | From 7% to 4% of Gross Sales |
| Average Revenue (Item 19) | $571K | N/A |
| SBA Charge-Off Rate | N/A | Limited data |
| Total Units | 22 | 94 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2019 | 1996 |
| FDD Year | 2025 | 2025 |
Investment Range
$60K – $110K
$50K – $122K
Franchise Fee
$40K
$35K
Royalty Rate
5.0%
From 7% to 4% of Gross Sales
Average Revenue (Item 19)
$571K
N/A
SBA Charge-Off Rate
N/A
Limited data
Total Units
22
94
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2019
1996
FDD Year
2025
2025