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Altracolor Systems

ALTRACOLOR SYSTEMS is the state-of-the-art mobile, on-site touch-up and spot repair system for automotive paint repair.

Franchisor Background

Year Established:

1988

Franchising Since:

1991

IFA Member

Operating Units:
Franchised Units:	60	100%
Company-Owned Units:	0	0%
	______	_____
Total Operating Units:	60	100%

Geographic Distribution:
U.S.:	60	100%	In 25 States
Canada:	0	0%	In 0 Canadian Provinces
International:	0	0%	In 0 Foreign Countries
	______	_____
Total:	60	100%

North America:
States/Provinces with the largest number of operating units:
Density	Units
1. North Carolina	14
2. South Carolina	13
3. Virginia	13

Registered in Following Registration States:

California, Florida, Indiana, Michigan, Minnesota, New York, Oregon, Virginia, Washington, Wisconsin, District Of Columbia

Financial Requirements

Investment:
Minimum Net Worth:	$NA
Cash Investment:	$5-11.7K
Total Investment:	$16.9-25.2K
Average Total Investment:	$21K

Fees:
Initial Franchise Fee:	$9.95K
Average Franchise Fee:	$10K
On-Going Royalty:	$95/Wk.
Average Royalty:	-1%
Advertising Fee:	0%

Average Number of Employees:

1 Full-time, 0 Part-time

Space Needs (in square footage):

Preferred Sites:

Other Sites:

Mobile Bus

Encourage Conversions?

Yes

Earnings Claims Provided?

Yes

Listed in the SBA Registry?

Support and Training

International Franchise Association:	Yes
Canadian Franchise Association:	No
Franchisee Association/Member:	No
Size of Corporate Staff:	5
Site Selection Assistance?	Not Applicable
Lease Negotiation Assistance?	Not Applicable
Financial Assistance?	Yes, Direct

Marketing Support:
Co-Op Advertising:	No
National Advertising:	No
Regional Advertising:	No
Local Advertising:	No
Marketing Materials:	None Specified
Additional Services:	None Specified
Other Marketing Support:	None Specified

On-Going Support:
Central Data Processing:	Not Applicable
Central Purchasing:	Not Applicable
Field Operation Evaluation:	Included in Fees
Field Training:	Included in Fees
Initial Store Opening:	Not Applicable
Inventory Control:	Not Applicable
Franchisee Newsletter:	Included in Fees
Regional or National Meetings:	Included in Fees
800 Telephone Hotline:	Included in Fees

Training:
1. Metairie, LA	1 Week

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):

Financial Net Worth:	3
General Business Experience:	3
Specific Industry Experience:	1
Formal Education:	1
Psychological Profile:	2
Personal Interview(s):	4

Minority Representation

Units Owned by Minorities:
African-American:	N/A
Asian-American:	N/A
Hispanic:	N/A
Native American:	N/A
Other:	N/A
Specific Minority:	N/A

Terms of Contract

Term of Initial Contract:	15 Year(s)
Term of Renewal Period:	5 Year(s)
Passive Ownership:	Not Allowed
Area Development Agreements?	Yes, for 1 Year(s)
Sub-Franchising Contracts?	Yes
Franchisees Allowed to Expand Within Territory?	Yes

Expansion Plans

Projected New Units Over Next 12 months:

U.S.:	Yes, All United States
Canada:	No
Overseas:	No

Franchisor Background

Year Established:

Franchising Since:

IFA Member

Operating Units:

Geographic Distribution:

North America: