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)

Fund Your Franchise with Guidant

Guidant Financal Learn how to invest your IRA or 401k into a franchise. ($50k min)

Promoted Opportunities

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

Related Franchises

Related Articles

4 Considerations for Entrepreneurs in the Minimum Wage Debate

4 Considerations for Entrepreneurs in the Minimum Wage Debate

If you're a small-business owner who hopes the fuss will die down after November -- it won't.
David Nilssen
20 Subway Facts That May Surprise You

20 Subway Facts That May Surprise You

From fashion shows to 11-inch 'footlongs,' these pieces of trivia may make your jaw drop enough to fit one of the restaurant's signature sandwiches.
Rose Leadem
Franchising's 4 Hottest Categories Offer Small Costs and Big Payoffs

Franchising's 4 Hottest Categories Offer Small Costs and Big Payoffs

As the cost of franchising continues to drop, motivated and cash-strapped entrepreneurs are paying their dues with sweat instead. Here are four of the year's hottest franchise categories that do more with less.
2 Artists Find Second Careers with a 'Paint and Sip' Franchise

2 Artists Find Second Careers with a 'Paint and Sip' Franchise

Using their knowledge and skills, this couple revamped their careers and finances.
2016 Top 100 Low Cost Franchises

2016 Top 100 Low Cost Franchises

The top 100 low-cost franchises, all for less than $60,000.
Tracy Stapp Herold

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: May 18th, 2016

Reprints & Licensing
Update Your Listing
Submit New Listing

Regions/States List

More Franchise Rankings

Top Low-Cost Franchises

100 franchises for under $60,000

Top Homebased/Mobile Franchises

These 100 businesses can be managed from home

Fastest-Growing Franchises

These companies have shown rapid unit expansion over the last two years

Top New Franchises

The top 75 companies that began franchising in the last five years

Top Global Franchises

200 North American franchisors seeking international franchisees

For reprints and licensing questions, click here.

Previous Years Rankings

2016 2015 2014 2013 2012