Color Glo International Named in Entrepreneur 2020 Top Low-Cost Franchises
Color Glo International was just named in Entrepreneur magazine’s Entrepreneur 2020 Top Low-cost Franchises.
Color Glo International Press Release
Edina, Minnesota – Color Glo International was just named in Entrepreneur magazine’s Entrepreneur 2020 Top Low-cost Franchises. Recognized by entrepreneurs and franchisors as a top competitive tool of measurement, the Entrepreneur 2020 Top Low-cost Franchises places Color Glo International 39/100 for start-up costs less than $100,000.
Buying a franchise doesn’t have to break the bank. If you’re looking to start a business on a budget, you will find Color Glo International on Entrepreneur’s list of the top franchises that can be started for less than $100,000, ranked based on the score we received in the 2020 Franchise 500.
“With 139 franchises owned globally, Color Glo is humbled to make this list of top low-cost franchises with an attainable start up cost of in-between $56K - $61K - making the dream of business ownership affordable for everyday hardworking people.”
Franchises are ranked based on the scores they received in Entrepreneur’s 2020 Franchise 500 ranking, a comprehensive analysis that looks at more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability. More detailed information about Color Glo can be found on Entrepreneur’s website HERE.
View list of top low-cost franchises below $100,000 on Entrepreneur’s website.
About Color Glo International.
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 is the World Leader in the 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.
CGI Named In Top Franchises For Veterans by Entrepreneur Magazine
Press Release. MINNEAPOLIS, MN. Nov 14th, 2018 – Color Glo International® has been ranked in the top franchises for veterans again this year by Entrepreneur Magazine’s Franchise 500.This list recognizes the 150 franchisors offering incentives for veterans to join their franchises business systems. Color Glo was ranked #83.
Press Release
MINNEAPOLIS, MN. Nov 14th, 2018 – Color Glo International® has been ranked in the top franchises for veterans again this year by Entrepreneur Magazine’s Franchise 500.This list recognizes the 150 franchisors offering incentives for veterans to join their franchises business systems. Color Glo was ranked #83.
“We are honored once to make the top franchise list by Entrepreneur Magazine and serve our veteran community with unique opportunities.”
How we were selected
To determine the Top Franchises for Veterans ranking, Entrepreneur analyzed each company’s veteran incentive, the number of veteran-owned units, how veteran franchisees are attracted to and support by each company, and how each company scored in the 2017 Franchise 500 ranking. Color Glo’s position on the ranking is a testament to the company’s continued efforts to support veterans in their pursuit of the American Dream.
Hundreds of franchises offer some sort of incentive for veterans joining their system. But which ones truly offer the best opportunities for veterans interested in becoming franchisees?
To find out which ones offer the best opportunities for veterans, Entrepreneur invited those companies to participate in a survey designed to help them learn more about their veterans programs. From there, the ranking of the top 150 franchises for veterans was developed, taking into account each company's veteran incentive, how veteran franchisees are attracted to and supported by the company, and how each company scored in the 2018 Franchise 500.
“Veterans often make ideal franchisees, thanks to their strong leadership skills and abilities to work inside complex systems,” says Jason Feifer, editor in chief of Entrepreneur. "We’re proud to highlight the franchisors that best connect with and support veterans, as they pursue the opportunity to own their own business."
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.
Contact
Mandi Brandon
mandi@colorglo.com