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Color Glo Int'l.

2014 Franchise 500
#304
At a Glance

Products & Services: Leather, vinyl, fabric, carpet and surface repair and restoration

Number of Locations: 159

Total Investment: $46K - $49.8K

Founded: 1975

Began Franchising: 1983

About Color Glo Int'l.

After years in the automotive reconditioning industry, C. Everett Smith was not satisfied with the quality of existing products. So when he started Color Glo, he opened his own research and development labs and hired chemists to develop a proprietary line of restoration and repair products. Color Glo's original eight products have now grown to over 100. Color Glo franchisees use these products to clean, repair and re-dye leather, vinyl, fabric, carpet, plastic, fiberglass and other materials. They serve both residential and commercial customers, including the automotive, marine and aviation markets.

Franchise Units

Year U.S. Canadian International Company Owned
2014 107 14 37 1
2013 100 9 32 0
2012 81 6 41 0
2011 99 5 24 0
2010 103 4 22 0
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $46,000 - $49,800
Franchise Fee: $25,000
Ongoing Royalty Fee: 4%+
Term of Franchise Agreement: 10 years, renewable
Veteran Incentives: 10% off franchise fee
Financial Requirements
Net Worth: $49,800
Operations
Franchise can be run from home. Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 2 weeks. At franchisee's location: 1 week.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,

Franchise Ranking History

Franchise 500®: #304 (2014), #125 (2011),
Low-Cost: #55 (2014), #25 (2011),
Top Home-Based: #87 (2014), #33 (2011),
America's Top Global: #66 (2014), #106 (2011),

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