Color-Glo is a franchise providing color restoration and repair. It was founded in 1976 by Everett C. Smith.
Mr. Smith recognized the growing industry need for color restoration. He was not satisfied with the products that were available in the market that he simply had to make his own formula for high quality paints and it was exclusive and propriety to his company. They even have their own research and development laboratories that help them formulate the best products to provide the industry. He hired chemists who were experts in formulating the new products and it took years of research before they were able to produce the first line of Color Glo restoration and repair products. They started with only eight and now, they have more than 100 unique products and each of them are designed to work with perfectly with Color Glo products. They have been recognized by national and international publications for their products and the high quality service that they offer. They have patented the Color Glo process and their products for aircrafts. They became the first and only ISO 9001 certified company in this industry in 2006.
What services do they offer at Color Glo?
They have the Repair-Redye-Restore services. They do this for different types of surfaces such as carpets, fabrics, plastics, leather, vinyl, and velour. This includes things like headliners, fibreglass, bumpers, steering wheels, center counsels, and dashboards. They offer headlight restoration whether it be made of glass or plastic mainly those that are faded or stained. For deodorizing restoration, this deals with odors caused by mothballs, pets, or old musty odors in vehicles. They can remove the odors and have it scent free or having it smell fresh, clean, and scented. They provide this service for commercial, homes, trailers, boats, or any type of vehicle.
What is their target market?
For automotive, they have the dealers, private vehicle owners, RV’s, and car rentals. For residential, private home owners, time sharing properties, and letting agents. For the commercial market, there are the offices, restaurants, hospitals, and clinics. For marine, there are dealers, private owners, and commercial. For aviation, there are the airlines and private owners.
Cost and requirements on running a Color Glo franchise
You need to have a net worth of $50,000 and a total liquid asset of at least $25,000. Expect to be investing about $41,000 to $45,000. The Color Glo franchise fee is $20,000 with an on-going royalty fee of 4%. This is for a renewable 10 year term agreement. This franchise can be run from home. You will need about two employees to run one location. They allow multi-unit ownership and absentee ownership.
What is included in the franchise package?
There will be two weeks training at the headquarters, one week at your location, and on-going training. You will be receiving newsletters, a toll free phone number, and exclusivity in your territory. You will be given assistance at the grand opening. You will have access to the internet and purchasing cooperatives. You will also be attending meetings and expecting occasional field evaluations. For marketing of Color Glo, there will be co-op advertising, ad slicks, regional advertising, and national media.
Color Glo Contact Details
You may reach them at:
Address: 7111-7115 Ohms Ln. Minneapolis, Minnesota 55439
Phone: (800)333-8523 or (952)835-1338