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Colors on Parade

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Colors on Parade
642 Century Cir.
Conway, SC 29526
800#: (800) 7-COLORS
Tel: (843) 347-8818
Fax: (843) 347-0349
E-Mail: [email protected]
Web Site: www.colorsfranchise.com
Contact: Mr. Jim Fisher, II,


We use our patented and proprietary techniques to make minor auto body damage disappear. We perform our quick and economical services on-site for dealers and fleet operators. COLORS ON PARADE franchisees ranked number one in financial satisfaction in the Success Magazine Gold 100 Survey. Extensive training and support provided. Major metropolitan markets available.




Franchisor Background


Established: 1988
First Franchise: 1991
Franchise Units: 358
Company-Owned Units: 2
Total Units: 360

Distribution:
U.S. -- 360; Canada -- 0; International -- 0
�North America -- Operations in 26 States
�States/Provinces with Greatest Density: 35 in CA, 34 in FL, 18 in TX

Projected New Units Over Next 12 months:50
Franchisee Qualifications:3, 3, 2, 3, 5, 5
(Click here for an explanation)

Registered in Following Registration States: All States
Average Number of Employees: 4 FT (FT = Full Time, PT = Part Time)
Space Needs: N/A SF; N/A (Click here for abbreviations)
Encourage Conversion: Yes


Financial Requirements

Cash Investment: $7.5-75K
Total Investment: $50K+
Average Total Investment: $50.0K
Minimum Net Worth: $50-250K

Fees
�Franchise: $5K;
�Average Franchise Fee: $5.0K
�Royalty: Varies
�Advertising: 0%

Provide Earning Claim Statement: No


Terms of Contract

Term of Contract (Years): 10/5
Passive Ownership: Discouraged
Area Development Agreements: Yes/10
Sub-Franchising Contracts: No
Expand In Territory: Yes


Franchisor Support and Training Provided

Site Selection Assistance: N/A
Lease Negotiation Assistance: N/A
Financial Assistance: Yes(I)
Cooperative Advertising: Yes
Franchisee Association / Member: Yes/No
Size Of Corporate Staff: 21
On-Going Support: A,B,C,D,F,G,H,I (Click here for an explanation)
Training: 2 Weeks Conway, SC.


Franchisor's Specific Expansion Plans

U.S.: All United States
Canada: All Canada
Overseas: Mexico

Note: NR = No Response by Franchisor.
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