| Color-Glo Franchise |
Color-Glo FranchiseColor-Glo is a franchise providing color restoration and repair. It was founded in 1976 by Everett C. Smith.
What services do they offer at Color Glo?They have the Repair-Redye-Restore services. They do this for different types of surfaces such as carpets, fabrics, plastics, leather, vinyl, and velour. This includes things like headliners, fibreglass, bumpers, steering wheels, center counsels, and dashboards. They offer headlight restoration whether it be made of glass or plastic mainly those that are faded or stained. For deodorizing restoration, this deals with odors caused by mothballs, pets, or old musty odors in vehicles. They can remove the odors and have it scent free or having it smell fresh, clean, and scented. They provide this service for commercial, homes, trailers, boats, or any type of vehicle. What is their target market?For automotive, they have the dealers, private vehicle owners, RV’s, and car rentals. For residential, private home owners, time sharing properties, and letting agents. For the commercial market, there are the offices, restaurants, hospitals, and clinics. For marine, there are dealers, private owners, and commercial. For aviation, there are the airlines and private owners. Cost and requirements on running a Color Glo franchiseYou need to have a net worth of $50,000 and a total liquid asset of at least $25,000. Expect to be investing about $41,000 to $45,000. The Color Glo franchise fee is $20,000 with an on-going royalty fee of 4%. This is for a renewable 10 year term agreement. This franchise can be run from home. You will need about two employees to run one location. They allow multi-unit ownership and absentee ownership. What is included in the franchise package?There will be two weeks training at the headquarters, one week at your location, and on-going training. You will be receiving newsletters, a toll free phone number, and exclusivity in your territory. You will be given assistance at the grand opening. You will have access to the internet and purchasing cooperatives. You will also be attending meetings and expecting occasional field evaluations. For marketing of Color Glo, there will be co-op advertising, ad slicks, regional advertising, and national media. Color Glo Contact DetailsYou may reach them at: Address: 7111-7115 Ohms Ln. Minneapolis, Minnesota 55439 Phone: (800)333-8523 or (952)835-1338 |