Color Glo International® Ranked On the 39th Annual Entrepreneur Franchise 500
"With more than 1,000 companies applying, the 39th annual Franchise 500 ranking is one of our most competitive ever. Those franchises that rose to the top reveal the newest trends as well as the industries that keep going strong decade after decade."
Understanding the ranking
Entrepreneur has been putting together the world's first, best, and most comprehensive franchise ranking for almost four decades. This year's (the 39th annual installment) turned out to be one of the most competitive years ever with more than 1,000 companies have applied to be a part of the list.
Color Glo International is proud to have made that list once again amongst some of the nations top opportunities across various niches including restaurants, hair care, real estate, technology, themed parks, and more.
The five pillars of the franchise 500®
The key factors that go into their evaluation:
Costs & Fees
Size & Growth
Open & operating units
Years in business
Financial Strength & Stability
Franchisor's audited financial statements
Before they determine rankings
Beginning in July 2017, Entrepreneur asked franchisors to fill out an online form and submit a copy of their full current Franchise Disclosure Document (FDD) or Canadian Disclosure Document. A total of 1,023 supplied the required information. Submissions were then vetted by an editorial team before being entered for data analysis.
To be eligible to rank, a franchisor must be seeking new franchisees in the U.S. or Canada and must have had a minimum of 10 units open and operating as of July 31, 2017, with at least one franchise located in North America. Companies in Chapter 11 bankruptcy proceedings were not eligible. Then, each eligible franchisor was scored based on more than 150 data points, and those with the highest cumulative scores became the Franchise 500.
Color Glo International was also ranked amongst Entrepreneurs Top 500 Franchises For Veterans.
About Color Glo International
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 the world. Color Glo products are proven every day to offer the correct results and best value every time they are put to the test.