- Franchise 500 Rank
N/R Not ranked last year
- Initial investment
$166K - $228K
- Units as of 2020
136 3% over 3 years
Color Me Mine is a studio that assists aspiring artists and the general public in painting their artwork. They provide the space, materials, and paint needed to create different pottery colors and ceramics such as mugs, vases, and frames.
The company began in 1992 and started franchising in 1995. They offer studio sessions and outdoor services such as paint parties, team building, fundraisers, and weddings. The staff lets customers paint their masterpieces, then collects them for a day of glazing and firing at the studio before returning the artwork to the customer.
Why You May Want to Start a Color Me Mine Franchise
Color Me Mine studios have been well-known as a go-to place to paint your own picture. They lead the pack in providing branding services for a variety of products. They also train children and adults to paint in a fun and exciting manner.
A Color Me Mine franchise will fulfill your desires of becoming a business owner. You will do this by helping families spend quality time together doing fun activities. You will become your own boss and impact others positively.
You will not navigate the business alone. Color Me Mine offers franchisees the support needed to run this studio business smoothly.
What Might Make Color Me Mine a Good Choice?
As a family-fun and leisure center, Color Me Mine is always busy offering children and adults of all ages opportunities for paint parties and art creation. As a business owner, you will be thrilled to get customer bookings year-round.
Color Me Mine is also a learning center for aspiring artists, school clubs, and team-building groups. This makes it a worthwhile venture that contributes to the surrounding community.
In order to be part of the Color Me Mine team, you should make sure you’re financially ready for potential set-up fees. These might include a franchise fee, royalty fees, and renewal fees. The term of agreement is five years, at which point you and Color Me Mine will decide if you wish to renew.They also offer financial help by partnering with third-party lenders. This is part of their effort to make sure your business is well equipped to run smoothly. The third party can cover your franchise fee, startup cost, equipment, inventory, and payroll.
You will also get adequate training from painting experts and business coaches before starting your franchise. This includes company visits, on-the-job training workshops, and online training. You will also get help in marketing your business by creating your website and social media pages.
How to Open Your Own Color Me Mine Franchise
The process of starting a Color Me Mine franchise begins with identifying a suitable location for your studio. Remember that their company motto is "no talent — no problem." So your target audience doesn't need to include expert painters, but it can include members of your community who want to have a fun time exercising their creative muscles.
Once you're ready to move forward and qualify as a franchisee, you'll attend training workshops at the headquarters in Los Angeles, California to familiarize yourself with the painting business. You can also take this opportunity to ask questions and learn from experts in the franchise. After this, you are all set to be the next Color Me Mine franchisee.
About Color Me Mine
|DIY/Paint-&-Sip Studios, Miscellaneous Recreation Businesses, Miscellaneous Retail Businesses
|Duncan Enterprises Inc.
|Sean Goodwin, General Manager
630 S. Anderson St.
Los Angeles, CA 90023
|Facebook, Twitter, Instagram
|1995 (29 years)
|# of employees at HQ
|# of Units
|136 (as of 2020)
Information for Franchisees
Here's what you need to know if you're interested in opening a Color Me Mine 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
|$165,950 - $228,000
Net Worth Requirement
|$30,000 - $60,000
Ad Royalty Fee
Term of Agreement
|5 years, no longer than lease
|Is franchise term renewable?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
|Third Party Financing
|Color Me Mine has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
Meetings & Conventions
Security & Safety Procedures
Franchisee Intranet Platform
Additional details about running this franchise.
|Is absentee ownership allowed?
Can this franchise be run from home/mobile unit?
Can this franchise be run part time?
|# of employees required to run
Are exclusive territories available?
Franchise 500 Ranking History
Compare where Color Me Mine landed on this year's Franchise 500 Ranking versus previous years.
Are you eager to see what else is out there? Browse franchises that are similar to Color Me Mine.
- Hydraulic and industrial hose maintenance, repair, and replacement
- Rent-to-own home furnishings, electronics, and appliances
Related Franchise Content
Catch up on the latest franchise news, trends, and more.
The global initiative offers a suite of tools for business travel booking and management, coupled with Hilton Honors benefits for SME's and their employees worldwide.
Explore how franchisors can effectively use video marketing to connect with both business partners and customers and why many are missing out on this opportunity.
Wendy's Ushers in New Leadership as The Strategy to Propel The Fast Food Giant Into Its Next Growth Phase Continues
Learn about the strategic vision behind appointing a seasoned industry leader to steer Wendy's toward future growth in the highly competitive fast-food industry.
Burger King Is Upping its Rebrand Strategy With a $1 Billion Acquisition. These Franchise Resets Could Tell Us About the Fast Food Giant's Chances of Succeeding.
Discover the details behind RBI's strategic acquisition of Carrols Restaurant Group, a move that represents a significant step in a broader campaign to rejuvenate the Burger King brand, and compare it to past major franchise rebrands.
Perfect market timing is difficult to pull off, but excellent preparation and building a valuable business in the first place is much more under your control.
This move marks a significant step for Inspire Brands, which has previously focused on domestic growth and acquisitions within the U.S.