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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: 1988Franchising Since: 1991
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-timeSpace Needs (in square footage): Preferred Sites: Other Sites: Mobile BusEncourage Conversions? YesEarnings Claims Provided? YesListed in the SBA Registry? NoSupport 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: 23
U.S.: Yes, All United States Canada: No Overseas: No
