Start-Up Costs and Fees |
||
| Color-Glo | Professional Carpet Systems | |
| Investment | 56300 - 61375 | 19400 - 52500 |
| Franchise Fee | ||
| Royalty Fee | 4%+ | 2-6% |
| Advertising Fee | ||
| Year Founded | 1979 | 1978 |
| Year Franchised | 1983 | 1981 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Color-Glo | Professional Carpet Systems | |
| Experience | ||
Financing Options |
||
| Color-Glo | Professional Carpet Systems | |
| Franchise Fees | No | Yes |
| Start-up Costs | No | No |
| Equipment | Yes | No |
| Inventory | Yes | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Color-Glo | Professional Carpet Systems | |
| Training | On-The-Job Training: 40 hours Classroom Training: 80 hours Ongoing training available | |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | |
| Operations | Franchise can be run from home. International franchisees required to buy multiple units/master licenses; 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (99% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Color-Glo | Professional Carpet Systems | |
| US Expansion | ||
| Canada Expansion | 0 | 0 |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Color-Glo | |
| Professional Carpet Systems | |
| Franchise Fee | |
| Color-Glo | |
| Professional Carpet Systems | |
| Royalty Fee | |
| Color-Glo | 4%+ |
| Professional Carpet Systems | 2-6% |
| Advertising Fee | |
| Color-Glo | |
| Professional Carpet Systems | |
| Year Founded | |
| Color-Glo | 1979 |
| Professional Carpet Systems | 1978 |
| Year Franchised | |
| Color-Glo | 1983 |
| Professional Carpet Systems | 1981 |
| Term Of Agreement | |
| Color-Glo | 10 years |
| Professional Carpet Systems | 5 years |
| Renewal Fee | |
| Color-Glo | |
| Professional Carpet Systems | $500 |
Business Experience Requirements |
|
| Experience | |
| Color-Glo | |
| Professional Carpet Systems | |
Financing Options |
|
| Franchise Fees | |
| Color-Glo | No |
| Professional Carpet Systems | No |
| Start-up Costs | |
| Color-Glo | |
| Professional Carpet Systems | |
| Equipment | |
| Color-Glo} | |
| Professional Carpet Systems | |
| Inventory | |
| Color-Glo | |
| Professional Carpet Systems | |
| Receivables | |
| Color-Glo | |
| Professional Carpet Systems | |
| Payroll | |
| Color-Glo | |
| Professional Carpet Systems | |
Training & Support |
|
| Training | |
| Color-Glo | On-The-Job Training: 40 hours Classroom Training: 80 hours Ongoing training available |
| Professional Carpet Systems | |
| Support | |
| Color-Glo | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
| Professional Carpet Systems | |
| Marketing | |
| Color-Glo | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Professional Carpet Systems | |
| Operations | |
| Color-Glo | Franchise can be run from home. International franchisees required to buy multiple units/master licenses; 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (99% of current franchisees are owner/operators) |
| Professional Carpet Systems | |
Expansion Plans |
|
| US Expansion | |
| Color-Glo | |
| Professional Carpet Systems | |
| Canada Expansion | |
| Color-Glo | 0 |
| Professional Carpet Systems | 0 |
| International Expansion | |
| Color-Glo | |
| Professional Carpet Systems | |