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Color Glo International
 

The leader in the leather and fabric restoration and repair industry. From automotive to marine to aircraft to all-leather furniture, COLOR-GLO leads the way with innovative products and protected application techniques. We serve all US and foreign car manufacturers.

Franchisor Background

Year Established:

  1976

Franchising Since:

  1984

IFA Member



Operating Units:

Franchised Units:125 100%  
Company-Owned Units:0 0%  
 ______ _____  
Total Operating Units:125 100%  
 

Geographic Distribution:

U.S.:90 73.2% In 30 States
Canada:1 0.8% In 1 Canadian Provinces
International:32 26% In 32 Foreign Countries
 ______ _____  
Total:123 100%  
 

North America:

States/Provinces with the largest number of operating units:
DensityUnits    
1. Florida12
2. Washington8
3. Oregon7

Registered in Following Registration States:

   California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia

Financial Requirements

Investment:

Minimum Net Worth:$50K
Cash Investment:$44.9K
Total Investment:$44.9-50K
Average Total Investment:$47K
 

Fees:

Initial Franchise Fee:$25K
Average Franchise Fee:$25K
On-Going Royalty:4% or $300 monthly
Average Royalty:4%
Advertising Fee:0%

Average Number of Employees:

   1 Full-time, 0 Part-time

Space Needs (in square footage):

   N/A

Preferred Sites:

  

Other Sites:

  

Encourage Conversions?

   Not Applicable

Earnings Claims Provided?

   Yes

Listed in the SBA Registry?

   No

Support and Training

International Franchise Association:Yes
Canadian Franchise Association:No
Franchisee Association/Member:Yes, Member
Size of Corporate Staff:15
Site Selection Assistance?Yes
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:Brochures, Direct Mailers, Trade Show Exhibits
Additional Services:Newsletter
Other Marketing Support:Decals for work vehicle, marketing manual, intranet site, seminars, franchisee website.
 

On-Going Support:

Central Data Processing:Not Applicable
Central Purchasing:Included in Fees
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. Headquarters, MN2 Weeks
2. Franchisees territory1 week
 

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):
 
Financial Net Worth:4
General Business Experience:4
Specific Industry Experience:3
Formal Education:4
Psychological Profile:3
Personal Interview(s):3

Minority Representation

Units Owned by Minorities:

African-American:0
Asian-American:0
Hispanic:5
Native American:0
Other:1
Specific Minority:Seven are owned by women.

Terms of Contract

Term of Initial Contract:10 Year(s)
Term of Renewal Period:10 Year(s)
Passive Ownership: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:

   12
U.S.:Yes, All United States
Canada:Yes, All Canada
Overseas:Yes, All Countries
 
 
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