Color Glo International

Color Glo businesses provide services for the color restoration of leathers, vinyl's, velour, fabrics, carpet and wood grain panels.

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Color Glo International

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Color Glo International Franchise Cost and Requirements for 2022

Background

About Us

Color Glo International is the World Leader in restoration and repair of leather, vinyl, velour, cloth and hard plastics commonly found in the markets of Automotive, Aircraft, Marine and Furniture. Formally incorporated in 1975 Color Glo began franchising in 1982. Today in hundreds of markets throughout world. Color Glo products are proven everyday to offer the correct results and best value every time they are put to the test.

We initially began our franchising in the United States and have since then expanded into Canada and 50 countries worldwide.

Our focus is restoring and repairing common defects such as worn and faded interior components such as leather upholstery, headliners, burns and broken plastic or composite molding. These problems are found in the interior of every automobile, RV, truck sports vehicle, plane or boat in use today.

Why Us

Why Color Glo as a business opportunity for you:

  • Full member of the International Franchise Association - IFA
  • World market leaders for over thirty years
  • Top 100 best selling franchise - world-wide
  • Totally exclusive proprietary water based products
  • Patented Methods
  • Low investment - high returns - 70 / 80%
  • Unlimited market potential
  • Federal Aviations Accepted - FAA
  • Over 800 Licensed Operators Worldwide
  • You receive exclusive territorial rights
  • Full support and back up - 24/7/365
  • No additional investment
  • Low overheads
  • No direct competition
  • National / international website

Products & Services

Color Glo International is able to repair and clean a variety of problems with leather, vinyl, velour and most fabrics.

We are a specialist business that services the following sectors:

  • Automotive
  • Residential
  • Commercial
  • Marine
  • Aircraft

We repair, restore and re-dye:

  • Leather
  • Vinyl
  • Fabric / Velour
  • Plastic
  • Carpet

Company Details

Date Incorporation: 1976
Franchising Since: 1984
Headquarters: Minneapolis, Minnesota

Support and Training Offered By Color Glo International

Financial Assistance: Neither Color Glo nor any agent or affiliate offers direct or indirect financing to the franchisee, guarantees any note, lease or obligation of the franchisee, or has any practice or intent to sell, assign or discount to a third party all or any part of any financing arrangement of the franchisee.  We do work closely with banks and other financial institutions that specialize in franchise financing.

Training and Assistance: 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. Refresher training and additional training is conducted during regional seminars and the annual seminar in Minneapolis. The License Agreement shall be terminated if the Licensee fails to commence operations of the Color Glo business within 90 days of execution of the License Agreement.

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 or her written consent pursuant to release of the area and execution of a Subfranchise Agreement by both parties. Color Glo also may not sell the Color Glo products to other persons in the franchisee's territory except pursuant to the above-referenced agreement.
Term of Agreement and Renewal: Term of license agreement is for ten years. Additional terms of five years each can be added if the franchisee is in good standing.

Obligations and Restrictions: Color Glo does not require the franchisee to personally manage or operate the Color Glo business. The operator or manager of the Color Glo business does not have to complete the Color Glo training program. The manager cannot have an interest or business relationship with any of Color Glo's business competitors. Color Glo reserves the right to require operator or manager to sign a written agreement to maintain confidentiality of its trade secrets. However, Color Glo requires that the operator of the Color Glo business have a 10% ownership interest in the business.

2022 Franchise Requirements Needed to Own a Color Glo International Franchise.

What does a Color Glo International Franchise Cost?

Color Glo International franchise fees for 2022:

Initial Franchise Fee: $33,000
Start-Up Fee: $21,500 + shipping costs
Travel and Living Expenses While Training: $500 - $2,500
Business Premises and Vehicle: The franchisee does not need to purchase or lease business premises or vehicles in connection with the Color-Glo business. Rather, the franchisee should be able to utilize their existing residence or garage for storage and their existing motor vehicle for transportation.
Equipment and Supplies: $200 - $300
Working Capital: $500 - $1,500
Additional Funds, 3 months: $500 - $1,500
Estimated Total: $54,500 - $61,375
Maintenance: 4% of gross sales or $150.00 per month, whichever is greater, $200.00 for the second full year or $300.00 a month following a full year of business

Annual License Fee and Product Purchases: $2,500.00
Audit: Cost of Audit
Insurance: Estimated cost of $1,500.00 to $3,000.00 per year (excluding automobile liability insurance)
Transfer Fee: $7,500.00

Is Color Glo International a Semi Absentee Franchise with a Passive Ownership Opportunity?

No. Color Glo International is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.

Is Color Glo International a Home Based franchise?

Yes. Color Glo International is a home based franchise opportunity.

What Do Color Glo International Franchise Owners Make?

This information is not available. Color Glo International does not offer an Item 19 in their Franchise Disclosure Document.

Is Color Glo International a Master Franchise Opportunity?

Yes. Color Glo International is a master franchise opportunity. A master franchisee is responsible to recruit, train and support franchisees in their territory.

Does Color Glo International Offer a Veteran Discount?

Yes. Color Glo International franchise does offer a veteran discount.

Does Color Glo International Work with E2 Visa and EB-5 Visa Candidates?

Yes. Color Glo International franchise does work with E2 Visa and EB-5 Visa candidates.

Is Color Glo International Looking for Franchisees in Canada?

Yes. Color Glo International franchise is looking for Canada franchisees.

Is Color Glo International Looking for International franchisees?

Yes. Color Glo International franchise is looking for International franchisees.

Additional Information

Additional Categories

Automotive, Repair & Restoration

Number of Units Open

100+ UNITS

Cash Required

$50,000 - $100,000

Master Franchise

Yes

Passive Franchise

No

Home Based Franchise

Yes

Item 19 Franchise

No

Veteran Discount

No

B2B

No

Franchise Opportunities in Canada

Yes

International Franchise Opportunities

Yes

E2 Visa Franchise

Yes

Color Glo International Franchises for Sale

Click Here to inquire about existing Color Glo International franchises for sale. We may have Color Glo International franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.