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Colors on Parade
642 Century Circle
Conway, SC 29526
800#: (800) 563-4418
Tel: (843) 347-8818
Fax: (843) 347-0349
E-Mail: [email protected]
Web Site: www.colorsonparade.com
Contact: Ms. Isha Hemingway, Vp Franchcising & Operations
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 opportunities - the Operator Franchise and Area Developer franchise. Our system makes the opportunity and dream of owning a business an attainable goal.
Franchisor Background
Established: 1988
First Franchise: 1991
Franchise Units: 225
Company-Owned Units: 10
Total Units: 235
Distribution:
U.S. -- 235;
Canada -- 0;
International -- 0
-North America -- Operations in 26 States
-States/Provinces with Greatest Density: 51 in CA, 26 in FL, 19 in TN
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 (Click here for an explanation)
Average Number of Employees: 1 FT (FT = Full Time, PT = Part Time)
Space Needs: NA SF; HB, Mobile Van
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $5-100K
Total Investment: $50-500K
Average Total Investment: $100.0K
Minimum Net Worth: $25K
Fees:
-Franchise: $5K
-Average Franchise Fee: $5.0K
-Royalty: 7-30%
-Average Royalty: 10.0%
-Advertising: 1%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10/5
Passive Ownership: Discouraged
Area Development Agreements: Yes/15
Sub-Franchising Contracts: Yes
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: NA
Lease Negotiation Assistance: Yes
Financial Assistance: Yes(I)
Cooperative Advertising: Yes
International Franchise Association: IFA MEMBER
Canadian Franchise Association:
Franchisee Association / Member: Yes
Size Of Corporate Staff: 13
On-Going Support: b,C,D,E,G,H,I (Click here for an explanation)
Training: 2 Weeks Conway, SC; 2 Weeks Wilmington, NC; 2 Weeks Hawaii.
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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