Franchise Gator Names Color Glo International A Top 100 Franchise For 2018
Franchise Gator recently released its annual Top 100 and named Color Glo International a Top 100 franchise for 2018. The online franchise directory developed the rankings to help individuals interested in purchasing a franchise identify and limit potential risks when searching for the right opportunity.
Franchise Gator Names Color Glo International A Top 100 Franchise For 2018
MINNEAPOLIS, MN. January 29th, 2018 - Franchise Gator recently released its annual Top 100 and named Color Glo International a Top 100 franchise for 2018. The online franchise directory developed the rankings to help individuals interested in purchasing a franchise identify and limit potential risks when searching for the right opportunity.
Top 100 Importance
The Franchise Gator Top 100, now in its 5th year, highlights franchise systems and concepts that are both currently expanding and considered to be strong buys for prospective entrepreneurs and franchisees.
"Each year we comb through hundreds of Franchise Disclosure Documents to find franchise opportunities that are a great fit for our audience," said Eric Bell, General Manager at Franchise Gator. "Those that made the Top 100 show strong growth potential and make for a solid investment for the worthy candidate."
Why Color Glo?
Color Glo International has recently been recognized again on the Entrepreneur Franchise 500 list for 2018, as well certified as a world-class franchise system by the Franchise Research Institute, leading to the natural selection for the Franchise Gator Top 100.
“It’s rewarding and exciting to see that the Color Glo concept continues be listed in the Franchise Gator Top 100. We’re honored and love that so many people around the world have changed their trajectory with Color Glo.”
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
Own a franchise with CGI
Color Glo International Ranked On The 2018 Entrepreneur Franchise 500
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 again in 2018.
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
Franchise fee
Total investment
Royalty fees
Size & Growth
Open & operating units
Growth rate
Closures
Brand Strength
Social media
System size
Years in business
Years franchising
Support
Training times
Marketing support
Operational support
Franchisor infrastructure
Financing availability
Litigation
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.
Contact
Mandi Brandon
mandi@colorglo.com