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Entrepreneur: Start & Grow Your Business

ColorChef Custom Painters

Residential & commercial painting

Background

Founded: 1986 Franchising since: 2005
500 Office Center Dr., #400
Fort Washington, Pennsylvania 19034
Phone:
(888)945-4350


Franchisor is a privately-held company with 6 employee(s)

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2007 3 0 0 1
2006 0 0 0 1
2005 N/A N/A N/A 0

Where Seeking Franchisees
In the U.S. Connecticut, Delaware, Florida, Georgia, Massachusetts, Maryland, North carolina, New jersey, New york, Pennsylvania, South carolina, United states, West virginia

Exclusive territories available.
Territory size: Approx 25K households in a zip-coded area

Costs and Fees

Total investment: $88.3K-156K
Franchise fee: $25K
Ongoing royalty fee: 8%
Term of agreement: 5 years, renewable


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

Qualifications
Net worth requirement: $80K
Cash liquidity requirement: $25K

Operations
  • Franchise can be run from home
  • Number of employees needed to run franchised unit: 5 - 5
  • Absentee ownership of franchise is allowed.

Training and Support

Training
  • Available at headquarters: 3 weeks

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
  • Regional advertising