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Aero Colours

AERO COLOURS is an exclusive mobile automotive paint repair process, providing service to dealerships, fleet operations and individual vehicle owners. Our solid support system, complemented by our industry-leading training, allows our franchisees to provide unmatched service. We will show you how to operate, market and grow your own business.

Franchisor Background

Year Established:

1985

Franchising Since:

1993

IFA Member

Operating Units:
Franchised Units:	32	100%
Company-Owned Units:	0	0%
	______	_____
Total Operating Units:	32	100%

Geographic Distribution:
U.S.:	46	95.8%	In 28 States
Canada:	0	0%	In 0 Canadian Provinces
International:	2	4.2%	In 0 Foreign Countries
	______	_____
Total:	48	100%

North America:
States/Provinces with the largest number of operating units:
Density	Units
1. California	55
2. Texas	24
3. Florida	14

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:	$100K
Cash Investment:	$46.4-155.4K
Total Investment:	$49-62.1K
Average Total Investment:	$55K

Fees:
Initial Franchise Fee:	$10K-125K
Average Franchise Fee:	$25K
On-Going Royalty:	7%
Average Royalty:	7%
Advertising Fee:	0%

Average Number of Employees:

4-5 Full-time, 0 Part-time

Space Needs (in square footage):

N/A

Preferred Sites:

Other Sites:

Warehouse (optional)

Encourage Conversions?

Earnings Claims Provided?

Listed in the SBA Registry?

Support and Training

International Franchise Association:	Yes
Canadian Franchise Association:	No
Franchisee Association/Member:	Yes, Member
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:	Ad Slicks, Brochures, Radio Ads, Videos
Additional Services:	In-house Marketing, Online Extranet, Press Releases
Other Marketing Support:	None Specified

On-Going Support:
Central Data Processing:	Included in Fees
Central Purchasing:	Included in Fees
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. Minneapolis, MN	10 Days
2. Territory	10 Days

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):

Financial Net Worth:	5
General Business Experience:	3
Specific Industry Experience:	5
Formal Education:	3
Psychological Profile:	5
Personal Interview(s):	5

Minority Representation

Units Owned by Minorities:
African-American:	0
Asian-American:	1
Hispanic:	3
Native American:	3
Other:	13
Specific Minority:	Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.

Terms of Contract

Term of Initial Contract:	10 Year(s)
Term of Renewal Period:	10 Year(s)
Passive Ownership:	Allowed
Area Development Agreements?	No
Sub-Franchising Contracts?	Yes
Franchisees Allowed to Expand Within Territory?	Yes

Expansion Plans

Projected New Units Over Next 12 months:

U.S.:	Yes, All United States
Canada:	Yes, All Canada
Overseas:	No

Franchisor Background

Year Established:

Franchising Since:

IFA Member

Operating Units:

Geographic Distribution:

North America: