Last Updated on July 24, 2012 by DeanR
Colors On Parade Franchise
Colors On Parade is a franchise that provides same-day repairs to vehicle dents, paint scratches, dings, and other automotive appearances issues.
It was founded in 1986 by Robert Lowery. It all started with his dream of providing quality repairs from a mobile unit which means that the job can be done at the customer’s own site while making it affordable for them. He has a passion for restoring classic cars and this is what drove him to create such a concept. He spent a lot of time perfecting the process which is now patented. He managed to have the concept materialize in 1988 with the first mobile unit operating in South Carolina. The first franchise was opened in 1991 in North Carolina. Their target markets are usually fleet owners, car dealerships, body shops, rental car agencies, and private vehicle owners.
What awards has Colors On Parade received?
They were ranked as number one as a”Top Home-Based Franchises” in 2004, 2005, 2007, and 2008, “Top 500 Franchises” every year from 2004 to 2008, “Franchise of the Year” in 1998, “America’s Top Global Franchises” in 2004, all by Entrepreneur magazine. They were also awarded “Top 100 Low-Investment Franchises” in 1998 and “Home-based Franchise 200” in 1998 by Business Start-Ups. They were “Franchisor of the Year” at Southeast Franchise Forum in 1998 and Fourth Annual Franchise Symposium. They were recognized by Success Magazine as “Franchise Gold 200”.
What services do they offer?
They claim to have the highest quality provided in the industry of automotive appearance technology. They have three primary services that are all guaranteed with their Lifetime Limited Warranty. They offer Paint Repair which is the repair of bumpers, decklids, and hoods from minor surface damage. They use a process in which the original paint which also helps keep the costs down, it takes less time, and provide better quality repair. Another service offered is the Paintless Dent Repair (PDR). It is a process where the metal is reshaped back to its original form without damaging the original paint. They also provide Interior Repair. They can restore leather, vinyl, plastics, and other surfaces in the vehicles interior. This service includes blending techniques and tinting.
Costs on running a Colors On Parade Franchise
You need to have a net worth of $10,000 to $500,000 with a total liquid asset of at least $10,000 to $200,000. Expect to be investing about $20,000 to $328,000. The Colors On Parade franchise fee is $1,500 to $15,000 with an on-going royalty fee of 7% to 30%. This is for a renewable 10 year term agreement. This franchise can be run from home. They allow multi-unit ownership. They do not allow absentee ownership.
What is included in the franchise package?
There will be two weeks training at the headquarters, three months at your location, and on-going technical training. You will be receiving newsletters and a toll free phone number. You will be given access to the internet and assistance to the grand opening. Expect to be attending meetings and receiving occasional field evaluations. For marketing support, there will be ad slicks, co-op advertising, and national media.
Colors On Parade Contact Details
You may reach them at:
Address: 125 Dayton St. Conway, South Carolina 29526
Phone: (800)726-5677