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Promoted Opportunities

#308

Initial Investment

LOW: $56,300
HIGH: $61,375

Change in Units

-9.3% -14 UNITS (1 Year)
+0.7% +0 UNITS (3 Years)

Company Profile

Founded

1975

Franchising Since

1983 (34 Years)

Corporate Address

7111-7115 Ohms Ln. Minneapolis, MN 55439

CEO

Gary Smith

Parent Company

CGI Int'l. Inc.

About Color Glo Int'l.

After years in the automotive reconditioning industry, C. Everett Smith was not satisfied with the quality of existing products. So when he started Color Glo, he opened his own research and development labs and hired chemists to develop a proprietary line of restoration and repair products. Color Glo's original eight products have now grown to over 100. Color Glo franchisees use these products to clean, repair and re-dye leather, vinyl, fabric, carpet, plastic, fiberglass and other materials. They serve both residential and commercial customers, including the automotive, marine and aviation markets.

Financials

Financial Requirements

Initial Investment

$56,300 - $61,375

Net-worth Requirement

$50,000

Liquid Cash Requirement

$50,000

Ongoing Fees

Initial Franchise Fee

$33,000

Ongoing Royalty Fee

4%+

Financing Options

Color Glo Int'l. offers in-house financing to cover the following: equipment, inventory

Color Glo Int'l. has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, accounts receivable, payroll

Veteran Incentives


10% off franchise fee

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.

Operations & Franchisor Support

Training Onsite: 7 days

Training at headquarters: 14 days

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Internet
Security
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
National Media
Regional Media

Absentee Ownership Allowed

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: September 29th, 2016

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