Color Me Mine Enterprises Inc.

Color Me Mine Enterprises Inc.

#323

Initial Investment

LOW: $134,300
HIGH: $174,800

Change in Units

-5.9% -8 UNITS (1 Year)
-2.9% -4 UNITS (3 Years)

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Company Profile

Founded

1992

Franchising Since

1995 (21 Years)

Corporate Address

3722 San Fernando Rd. Glendale, CA 91204

CEO

Mike Mooslin

About Color Me Mine Enterprises Inc.

Founded in 1991, Color Me Mine provides would-be artists with the studio and supplies to create their own ceramic masterpieces. Children and adults visit the studios, taking their pick of more than 300 pieces and 60 colors. The staff guides them through the painting process, and then glazes and fires each piece for later pick up. Color Me Mine offers birthday parties, showers, team building activities, workshops and fundraisers, either in the studio, at home or at school.

Financials

Financial Requirements

Initial Investment

$134,300 - $174,800

Net-worth Requirement

$200,000

Liquid Cash Requirement

$30,000 - $60,000

Ongoing Fees

Initial Franchise Fee

$30,000

Ongoing Royalty Fee

5%

Ad Royalty Fee

1%

Financing Options

Color Me Mine Enterprises Inc. offers in-house financing to cover the following: franchise fee, equipment

Color Me Mine Enterprises Inc. has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Franchise 500® Rank History

Highest Rank: 225

Lowest Rank: 431

  • 2006 - 231
* Not all years were ranked

Units (Locations)

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

Operations & Franchisor Support

Training Onsite: 5 days

Training at headquarters: 9 days

Additional Training: Semi-annual workshops, online training

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security

Marketing Support
Ad Slicks

Absentee Ownership Allowed

Number of employees required to run: 2 - 6

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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 7th, 2016

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