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Entrepreneur: Start & Grow Your Business

Colors On Parade

Mobile automotive appearance services

Background

Founded: 1989 Franchising since: 1991
125 Dayton St.
Conway, South carolina 29526
Phone:
(800)726-5677

Franchisee Association
COPFAC

Franchisor is a privately-held company with 15 employee(s); 2 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 271 0 0 6
2008 263 0 0 7
2007 252 0 0 7
2006 246 0 0 9
2005 232 0 0 10

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, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming

Exclusive territories available.
Territory size: Varies

Costs and Fees

Total investment: $20.5K-327.1K
Franchise fee: $1.5K/15K
Ongoing royalty fee: 7-30%
Term of agreement: 10 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee Yes Yes
Startup Costs Yes No
Equipment No Yes
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $10K-500K
Cash liquidity requirement: $10K-200K
Business Experience:
  • General business experience
  • Marketing skills
  • Love of cars is helpful

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)

Training and Support

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

Rankings

Franchise 500® rank:
#222 (2009); #200 (2008); #245 (2007); #441 (2006); #355 (2005);

Low-Cost Franchises:
#43 (2009); #38 (2008); #57 (2007);

Top Home Based Franchises:
#54 (2009); #43 (2008); #66 (2007); #99 (2005);

America's Top Global Franchises:
#171 (2009);