Color-Glo Int'l. Inc.
Fabric dyeing & restorationBackground
Founded: 1979 Franchising since: 1983
Franchisor has 15 employee(s); 3 employee(s) in franchise department.
Franchise Growth
Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Exclusive territories available.
|
7111 Ohms Ln. Minneapolis, Minnesota 55439 |
Phone: (800)328-6347/ (952)835-1338 |
Franchisor has 15 employee(s); 3 employee(s) in franchise department.
Franchise Growth
| Year | U.S. Franchises | Canadian Franchises | Foreign Franchises | Company Owned |
| 2005 | 116 | 10 | 134 | 1 |
Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Exclusive territories available.
Costs and Fees
|
Total investment: $29K-32K Franchise fee: $27.5K |
Ongoing royalty fee: 4% Term of agreement: 10 years |
Type of Financing Available
| In-House | Third Party | |
| Franchise Fee | Yes | Yes |
| Startup Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Accounts Receivable | No | No |
| Payroll | No | No |
Qualifications
Net worth requirement: $50K
Cash liquidity requirement: $25K
Operations
- Franchise can be run from home
- 5% of all franchisees own more than one unit
- Number of employees needed to run franchised unit: 2
- Absentee ownership of franchise is allowed. (99% of current franchisees are owner/operators)
Training and Support
Training
Ongoing Support
Marketing Support
- Available at headquarters: 2 weeks
- At franchisee's location: 1 week
- Ongoing training available
Ongoing Support
- Newsletter
- Meetings
- Toll-free phone line
- Grand opening
- Internet
- Security/safety procedures
- Field operations/evaluations
- Purchasing cooperatives
Marketing Support
- Co-op advertising
- Ad slicks
- National media
- Regional advertising
Rankings
Franchise 500® rank:
#319 (2006);
Low-Cost Franchises:
#82 (2006);
Top Home Based Franchises:
#87 (2006);
America's Top Global Franchises:
#147 (2006);
#319 (2006);
Low-Cost Franchises:
#82 (2006);
Top Home Based Franchises:
#87 (2006);
America's Top Global Franchises:
#147 (2006);