Color Glo International Selected a Top 100 Franchise by Franchise Gator!
Edina, Minnesota - January 24, 2017 - Franchise Gator has chosen Color Glo International as a Top 100 franchise for 2017.
FOR IMMEDIATE RELEASE
January 24, 2017
Contact: Gary E. Smith and Scott L. Smith
Phone: 952-835-1338
Email: info@colorglo.com
Color Glo International Selected a Top 100 Franchise for 2017 by Franchise Gator
Edina, Minnesota - January 24, 2017 - Franchise Gator has chosen Color Glo International as a Top 100 franchise for 2017. The online franchise directory developed the Top 100 ranking as a way for prospective franchisees to identify opportunities with strong growth potential that are also affordable investments for the average franchise buyer.
Franchise Gator ranked Color Glo International as the number 40 franchise opportunity overall. The ranking is developed using a formula based on several criteria including financial stability, growth, sustainability, profitability, transparency and franchisee satisfaction.
“Each opportunity on the Top 100 list has demonstrated strong growth potential coming into the new year,” said Eric Bell General Manager at Franchise Gator. “Not only are these opportunities among the very best in the industry, they also offer a solid investment for the everyday franchise buyer.”
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, and is currently 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 expanded into Canada and over 45 countries worldwide. Our focus is restoring and repairing common defects (such as worn and faded interior components) including 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.
We are thrilled and honored to be named a Top Franchise once again by the elite Franchise Gator!!!
Interested in becoming a Franchisee?
About Color Glo Int'l.
After years in the automotive reconditioning industry, C. Everett Smith was not satisfied with the quality of existing products. So when he started Color Glo, he opened his own research and development labs and hired chemists to develop a proprietary line of restoration and repair products. Color Glo's original eight products have now grown to over 100. Color Glo franchisees use these products to clean, repair and re-dye leather, vinyl, fabric, carpet, plastic, fiberglass and other materials. They serve both residential and commercial customers, including the automotive, marine and aviation markets.
COLOR GLO INTERNATIONAL AMONG 2017 TOP FRANCHISES FROM ENTREPRENEUR'S FRANCHISE 500 LIST
Color Glo International was recently ranked in Entrepreneur magazine’s Franchise 500®, the world’s first, best, and most comprehensive franchise ranking.
Color Glo International Press Release
Edina, Minnesota – Color Glo International was recently ranked in Entrepreneur magazine’s Franchise 500®, the world’s first, best, and most comprehensive franchise ranking. Recognized by entrepreneurs and franchisors as a top competitive tool of measurement, the Franchise 500® places Color Glo International as #308 for its exceptional performance in areas including financial strength and stability, growth rate, and brand power.
Entreprenuer.com
“We spend months gathering and crunching data in order to produce the Franchise 500 ranking. We’re proud of the result and the way it continues to be a resource for the franchise community,” says Jason Feifer, editor in chief of Entrepreneur.“ Like every industry, franchising is ever-evolving and must smartly react to new technologies and consumer demands. We know it takes a lot to stay competitive, and are excited to celebrate those that do it best.”
“In order to reflect the evolving business world at large, we at Entrepreneur continue to evolve our annual ranking, too,” says Ryan Shea, president of Entrepreneur. “We’ve developed new ways to measure and analyze our collected data as new critical data points come into play. We take into account pertinent factors such as social media presence and financing availability, which have become increasingly important in today’s economy. The result is a more complete and relevant Franchise 500® that can serve as a valuable resource for our readers.”
The key factors that go into Entrepreneur’s evaluation include costs and fees, size and growth, support, brand strength, and financial strength and stability. All franchises are given a cumulative score based on more than 150 data points, and the 500 franchises with the highest cumulative scores become the Franchise 500® in ranking order.
Over its 38 years in existence, the Franchise 500® has become both a dominant competitive measure for franchisors and a primary research tool for entrepreneurs. Color Glo International’s position on the ranking reinforces its strength in the industry.
To view Color Glo International in the full ranking, visit www.entrepreneur.com/franchise500. Results can also be seen in the January/February issue of Entrepreneur available now on newsstands.
About Color Glo Int'l.
After years in the automotive reconditioning industry, C. Everett Smith was not satisfied with the quality of existing products. So when he started Color Glo, he opened his own research and development labs and hired chemists to develop a proprietary line of restoration and repair products. Color Glo's original eight products have now grown to over 100. Color Glo franchisees use these products to clean, repair and re-dye leather, vinyl, fabric, carpet, plastic, fiberglass and other materials. They serve both residential and commercial customers, including the automotive, marine and aviation markets.