Colors On Parade

At a Glance

Products & Services: Mobile auto paint and dent repair

Number of Locations: 274

Total Investment: $39.7K - $525K

Founded: 1989

Began Franchising: 1991

About Colors On Parade

Inspired by his passion for restoring classic cars, Robert Lowery started Colors On Parade to offer body shop-quality automotive repairs from a mobile unit. In 1999, he began franchising the concept. Colors On Parade franchisees offer mobile on-site automotive appearance services throughout the U.S. to car dealerships, fleet owners, rental car agencies, body shops, individual vehicle owners and retail customers.

Franchise Units

Year U.S. Canadian International Company Owned
2014 266 0 0 8
2013 275 0 0 0
2012 269 0 0 0
2011 192 0 0 10
2010 285 0 0 6
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $39,675 - $525,010
Franchise Fee: $5,000 - $25,000
Ongoing Royalty Fee: 7-30%
Term of Franchise Agreement: 10 years, renewable
Veteran Incentives: 10% off franchise fee
Financial Requirements
Net Worth: $10,000 - $500,000
Liquid Cash Available: $10,000 - $200,000
Operations
Franchise can be run from home. 20% of all franchisees own more than one unit. Absentee ownership of franchise is NOT 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: 3 months. Ongoing technical training
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
Marketing Support: Co-op advertising, Ad slicks, National media,
Other marketing support: Recruitment seminars

Franchise Ranking History

Franchise 500®: #400 (2012), #169 (2010),
Low-Cost: #87 (2012), #38 (2010),
Top Home-Based: #47 (2010),

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