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2021 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$34K - $103K
Units as of 2018
219 -7.6% over 3 years

Company Overview

Inspired by his passion for restoring classic cars, Robert Lowery started Colors On Parade to offer body shop-quality automotive repairs from a mobile unit. In 1999, he began franchising the concept. Colors On Parade franchisees offer mobile on-site automotive appearance services throughout the U.S. to car dealerships, fleet owners, rental car agencies, body shops, individual vehicle owners and retail customers.

About Colors On Parade

Industry
Automotive
Founded
1989
Parent Company
Total Car Franchising Corp.
Leadership
Jeff Cox, CEO

Franchising Overview

Franchising Since
1991 (30 years)
# of employees at HQ
13
Where seeking

This company is seeking new franchisees throughout the US.

This company is seeking new franchisees worldwide.

# of Units
219 (as of 2018)

Franchisor Information

Corporate Address
125 Daytona St.
Conway, SC 29526

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Colors On Parade franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$5,000
Initial Investment
$33,800 - $103,000
Net Worth Requirement
$10,000 - $500,000
Cash Requirement
$10,000 - $200,000
Veteran Incentives
30% off franchise fee
Royalty Fee
7-30%
Ad Royalty Fee
1%
Term of Agreement
15 years
Is franchise term renewable?
Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

In-House Financing
Colors On Parade offers in-house financing to cover the following: accounts receivable, payroll
Third Party Financing
Colors On Parade has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training
112 hours
Classroom Training
80 hours
Additional Training
Ongoing technical training
Ongoing Support
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Marketing Planning & Support
Social Media
SEO
Website Development
Email Marketing

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
Yes
Can this franchise be run part time?
No
Are exclusive territories available?
Yes

Franchise 500 Ranking History

Compare where Colors On Parade landed on this year’s Franchise 500 Ranking versus previous years.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021