Aero Colours
At a Glance
Products & Services: Mobile automotive paint repair
Number of Locations: 31
Total Investment: $51.63K - 65.98K
Founded: 1985
Began Franchising: 1993
Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2012 | 31 | 0 | 0 | 0 |
| 2011 | 33 | 0 | 0 | 0 |
| 2010 | 50 | 0 | 0 | 0 |
| 2009 | 100 | 0 | 0 | 0 |
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Startup Costs, Ongoing Fees and Financing
Total Investment: $51,630 - $65,980
Franchise Fee: $25,000
Ongoing Royalty Fee: 7%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $25,000
Ongoing Royalty Fee: 7%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $100,000
Liquid Cash Available: $50,000
Operations
Franchise can be run from home. 15% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 4. Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators).How This Franchise Supports Franchisees
Training: Available at headquarters: 1 week. At franchisee's location: 3 weeks.
Ongoing Support: Newsletter, Toll-free phone line, Internet, Field operations/evaluations
Franchise Ranking History
Franchise 500®: #471 (2009),
Related Stories
- How International Franchisors Are Making a Name for Themselves in the U.S.
- The Pros and Cons of Franchising Your Business
- Small Used Jewelry Business Leads to a Growing Pawn-Shop Franchise
- How 2 Businesses Stumbled Upon Franchising as the Key to Growth
- How a Coffee Franchise With Russian Roots Made it in the U.S.