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Home >> Building & Construction >> Closet Remodeling
| Altracolor Systems 113 23rd St. Kenner, LA 70062 |
Submit an online form to receive information from Altracolor Systems.
|
Business Description
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
North America:
States/Provinces with the largest number of operating units:
Registered in Following Registration States: California, Florida, Indiana, Michigan, Minnesota, New York, Oregon, Virginia, Washington, Wisconsin, District Of Columbia
Financial Requirements
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
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
| Operating Units: | |||||||||||||||||||||||||||||||
Franchised Units: | 82 | 47.1% | | ||||||||||||||||||||||||||||
| Company-Owned Units: | 92 | 52.9% | |||||||||||||||||||||||||||||
Total Operating Units: | 174 | 100.0% | |||||||||||||||||||||||||||||
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States/Provinces with the largest number of operating units:
| Density | Units |
| 1. Virginia | 13 |
| 2. South Carolina | 13 |
| 3. North Carolina | 14 |
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% |
Space Needs (in square footage):
Preferred Sites:
Other Sites: Mobile Bus
Encourage Conversions? Yes
Earnings Claims Provided?: Yes
| 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 | ||||||||
| 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 | ||||||||
| 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 | ||||||||
| Expansion Plans | |||||||||
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Submit an online form to receive information from Altracolor Systems.
|
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