Color Glo International

Color Glo businesses provide services for the color restoration of leathers, vinyl’s, velour, fabrics, carpet and wood grain panels.
Franchise Offer: The franchisor is Color Glo International, a division of CGI International, Inc. Color Glo also sells business format franchises. These franchises are area franchises and are engaged in the color restoration of leathers, vinyl’s, fabrics, carpet and wood grain panels and can be operated as mobile franchises. Color Glo is also in the business of developing and franchising Color Glo product distribution franchises. Color Glo product distribution franchises are also engaged in the color restoration of leathers, vinyl’s, velour, fabrics, carpet and wood grain panels but the franchise is limited to one fixed location.
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WHY Color Glo International?
NAME RECOGNITION
PROVEN SALES AND MARKETING SYSTEMS
CULTURE OF TEAMWORK
OUR IDEAL FRANCHISEE
1.) Cannot be Color Blind
2.) Enjoy Working With Their Hands
3.) Comfortable Talking with Customers
4.) Looking for a Mobile Business Rather than a Stationery Business.
5.) Looking for a Business with a Family Atmosphere and Values rather than a Large Corporate one.
AVAILABLE MARKETS
US markets available: Please submit territory check
HOT Regions/Desirable: All available
NOT available: Please submit territory check
Available in Canada: Yes
International Referrals: Yes
BACKGROUND
Year founded: 1976
Year Franchised: 1984
Number of franchises currently operating: 1100+
Home Based: Yes
Absentee ownership available: No
Semi-Absentee ownership available: No
Accepting Master Franchisor and Area Developer Referrals: No
Average number of employees required: 0
E2 Visa Friendly: No
FINANCIAL DETAILS
Franchise Fee: Single: $45,500
Providing earnings guidance in Item 19 in FDD: Yes
Total investment range: The total investment necessary to begin operation of a Color Glo franchise is $85,500 - $98,500. This includes the $40,000 initial fee and $40,000+ start-up fee that must be paid to the franchisor or its affiliate(s).
Net worth requirement: $53,800
Royalty: 4% of gross sales or $300 per month
Additional fees: 4% of gross sales or $300 per month, whichever is greater
Financial assistance available: No
VetFran program: Yes
SUPPORT & TRAINING PROVIDED:
Training and support program details:
Training lasts three weeks, and is begun within 90 days of execution of the Franchise Agreement and must be attended by the new franchisee. CGI's classroom instructor has ten years of experience. The field training is done by a franchisee with a minimum of ten years of experience.
Cost for Training: Travel and Living Expenses while training: $500 - $2,500
Lodging and airfare included: No
Site Selection Assistance:
Lease Negotiation Assistance:
Mentor following training: Yes
Length of mentoring Franchisee: Refresher training and additional training is conducted during regional seminars and the annual seminar in Minneapolis.
Territory: The franchisee will receive a protected territory when granted a Color Glo franchise by Color Glo. The territory is generally a metropolitan area, county or counties, and is specifically identified at least five business days prior to execution of License Agreement. Color Glo may not establish another franchise or company-owned Color Glo business in the protected territory if the franchisee is in complete compliance with the License Agreement without his