Business Description

Colors on Parade is the "original body shop on wheels." Offering same-day on-site repairs of minor surface paint and dent damage, our service is second to none. Colors on Parade offers two home-based franchise opportunities, the Operator Franchise and the Area Developer Franchise. Our system makes the opportunity and dream of owning a business an attainable goal.

Franchisor Background

Year Established:  1988

Franchising Since:  1991

Operating Units:
Franchised Units:	246	97.2%
Company-Owned Units:	7	2.8%
Total Operating Units:	253	100.0%
Geographic Distribution: U.S.: 253 100% In 0 States Canada: 0 0% In 0 Canadian Provinces International: 0 0% In 0 Foreign Countries   Total: 253 100.0%

North America:
States/Provinces with the largest number of operating units:

Density	Units
1. California	51
2. Florida	26
3. Tennessee	19

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:	$25K
Cash Investment:	$5-100K
Total Investment:	$50-500K
Average Total Investment:	$275K
Fees:
Initial Franchise Fee:	$5K
Average Franchise Fee:	$5K
On-Going Royalty:	7-30%
Average Royalty:	18%
Advertising Fee:	1%

Average Number of Employees: 1 Full-time, 0 Part-time

Space Needs (in square footage):

Preferred Sites: Home-based

Other Sites: mobile van or trucks

Encourage Conversions? Yes

Earnings Claims Provided?: No

Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:	3
General Business Experience:	3
Specific Industry Experience:	2
Formal Education:	3
Psychological Profile:	5
Personal Interview(s):	5
Terms of Contract
Term of Initial Contract:	10 Year(s)
Term of Renewal Period:	5 Year(s)
Passive Ownership:	Allowed, But Discouraged
Area Development Agreements?	Yes, for 15 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:	Yes, Member
Size of Corporate Staff:	13
Site Selection Assistance?	Not Applicable
Lease Negotiation Assistance?	Yes
Financial Assistance?	Yes, Direct
Marketing Support:
Co-Op Advertising:	Yes
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:	At Additional Cost
Field Operation Evaluation:	Included in Fees
Field Training:	Included in Fees
Initial Store Opening:	Included in Fees
Inventory Control:	Not Applicable
Franchisee Newsletter:	Included in Fees
Regional or National Meetings:	Included in Fees
800 Telephone Hotline:	Included in Fees
Training:
1. Conway, SC	2 Weeks
Expansion Plans
Projected New Units Over Next 12 months: 50 U.S.: Yes, All United States Canada: Yes, All Canada Overseas: Yes, Mexico	Request Franchisor Info   Submit an online form to receive information from Colors On Parade.