Color Glo International Ranked on Franchise Times Top 500 2022
Color Glo International® Ranked No. 111 on the Franchise Times Top 500 U.S.-Based Franchise Systems
Color Glo International® Ranked On Franchise Times Top 500 U.S.-Based Franchise Systems
Color Glo International ranks No. 111 out of 500 on the Franchise Times Top 500 2022.
“Combined overall growth of 20.5 percent for the Top 500 resulted in a record sales total of $769 billion, as major restaurant brands such as Mcdonald’s, KFC, and Burger King all rebounded in 2021 and then some after posting declines of as much as 12.6 percent in 2020,” said Michaels. “Color Glo International is proud to rank so prestigiously at No. 111 on this national ranking, offering our franchisees a turn-key business solution for their family”. ”
About Franchise Times
Franchise Times Top 500 ranks the industry’s biggest brands Annual ranking shows rebound across franchise segments.
The Franchise Times Top 500 is an exclusive annual ranking of the 500 largest U.S.-based franchise systems by global systemwide sales. The project is the result of a five-month research and reporting effort that leads to the most credible and objective franchise ranking available said Franchise Times Editor-in-Chief Laura Michaels. The collection of systemwide sales data also provides useful insight into the franchise industry’s performance coming out of the COVID-19 pandemic. Every segment gained ground in 2021, with some getting back to or even surpassing 2019 sales while others still have work to do.
The home services, automotive, and cleaning franchise industries all saw percentage sales growth in the double digits last year, while retailers posted a 5.2 percent increase as stores reopened. Used goods retailers saw major growth, with Uptown Cheapskate up 62.6 percent and Once Upon a Child up 34.9 percent.
“Recovery didn’t treat all brands equally, however. In the fitness segment, system sales at Orangetheory Fitness declined 12.5 percent, a drop of more than $140 million,” continued Michaels. “Franchises in the red will have some explaining to do, especially if competitors in their category turned in standout performances.”
ABOUT THE FRANCHISE TIMES TOP 500 The Franchise Times Top 500 is the only ranking by systemwide sales and units of the largest 500 U.S.-based franchise brands. Published in the October issue and available in a searchable database online, the Franchise Times Top 500 also analyzes industry sectors based on percentage change in sales growth, reports the 10 fastest-growing franchises by four different measures, and includes exclusive news stories about the biggest names in franchising. The rankings and full report, and the searchable online database, are available at www.franchisetimes.com/top-5002022.
About Color Glo International
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.
Contact
Mandi Brandon
mandi@colorglo.com
Own a franchise with CGI
Entrepreneur 500 Top Low Cost & Home-Based Franchises
Minneapolis, MN Color Glo International was once again recognized as one of the top 500 franchises in Entrepreneur’s Franchise 500® in two additional categories in 2022.
Color Glo International® Named In The Top Low Cost & Home-Based Franchises of 2022 By Entrepreneur Magazine’s Franchise 500® Ranking
Minneapolis, MN Color Glo International was once again recognized as one of the top 500 franchises in Entrepreneur’s Franchise 500® in two additional categories in 2022. Entrepreneur 500 is the world’s first, best, and most comprehensive franchise ranking.
Top Home Based Business
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Top Home Based Business 〰️
Home-based franchise business
Color Glo International is proud to be ranked in the top franchises that offer you the freedom of working from home or on the go. Color Glo ranked 104/500 - see our ranking.
The franchise world offers a variety of opportunities that can be run from home or from a car, truck, van, or another vehicle. So if you're ready to ditch the office, retail space, or warehouse world, check out our home-based and mobile franchise opportunity!
Companies on Entrepreneur’s list are ranked based on how they scored in the 2022 Franchise 500 evaluation, which analyzes companies based on 150-plus data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability. Color Glo International ranked 370/500 on the Entrepreneur Franchise 500.
Benefits of working from home
The commute is from bed to coffee pot, to office.
You can multitask. Have lunch when you like, where you like. Do a load of laundry or play with Fido.
You have more control over your schedule.
Leases and rent are not required. Though your business could rent an office in your home extra tax benefits.
Then, there are more tax benefits.
The startup cost is lower. No brick and mortar headaches.
There are no office politics. It’s just you…
You set the tone for future partners. You are the role model.
Top Low-Cost Franchise
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Top Low-Cost Franchise 〰️
Low-Cost Franchises
Color Glo International is also proud to simultaneously rank in the Entrepreneur Franchise 500 Top Low-Cost Franchises for 2022. See Color Glo’s ranking (rank number 69) in the 2022 Top Franchises for Less Than $100,000.
About the ranking
Don’t think you can afford to open a franchise? Think again. There are actually franchise opportunities available for a wide variety of investment levels. Even if your budget is limited, your options are myriad. Especially with Color Glo International.
In this list, companies are ranked based on the scores they received in Entrepreneur’s 2022 Franchise 500 ranking. Again, this was a comprehensive analysis that looked 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. A company’s placement on this list does not necessarily mean that it will be able to start the business for less than $100,000, but simply that it is reasonably possible for some (without financing and without adding onto or converting an existing business).
Franchise with Color Glo
Color Glo has franchisees all over the nation and licensed franchise operations all over the world - in fact in more than 40 countries. Some U.S.-based franchisees can start their own business with Color Glo for as low as $56,000 - $61,000.
Over its 43 years in existence, the Franchise 500® has become both a dominant competitive measure for franchisors and a primary research tool for potential franchisees. Color Glo International’s position on the ranking is a testament to its strength as a franchise opportunity.
About Color Glo International
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.
Contact
Mandi Brandon
mandi@colorglo.com
Own a franchise with CGI
Whether you are interested in a home-based business, a low start-up cost business or you simply love providing affordable solutions to your clientele - Color Glo is a viable option for you.
Color Glo International Ranked 88/400 In Franchise Times
Color Glo International has ranked in the 88th position out of 400 in Franchise Times Top 400. This ranks Color Glo 16 positions better than the previous year’s ranking.
Color Glo International® Ranked 88/400 In Franchise Times
Color Glo International has ranked in the 88th position out of 400 in Franchise Times Top 400. This ranks Color Glo 16 positions better than the previous year’s ranking.
“The Franchise Times Top 400 is one of the most comprehensive rankings of the top 400 largest U.S franchise systems. We’re elated to once again, not only rank, but improve our ranking for our franchisees.”
Franchise Times Methodology
The Franchise Times Top 400 is an annual ranking of the 400 largest franchise systems in the United States by global systemwide sales, based on the previous year’s performance.
In a five-month research process and building upon a database that began in 1999, their research team uses a combination of companies’ voluntary reports and publicly available data, including the franchises’ most recent franchise disclosure documents and Securities and Exchange Commission filings.
The Franchise Times research team spends months compiling information for the rankings, the five-year sales history graphs, Top 10 lists, and industry subcategories, and then reconciling to ensure all published data is accurate and all estimates are based on a solid sales formula.
The Research Process
They began in late April with their first email and a Top 400 survey, which contains contacts from a wide range of databases dating back to 1999.
They then entered all the survey information into their database, and during that process, they update their records with any changes to ownership, top executives, addresses, etc.
They verify that survey information is being reported accurately by reconciling sales, units, and unit volumes to prior years from our database. If any discrepancies are found we contact the person who completed the survey to verify the information submitted is correct.
To qualify, a company must be a legal U.S. franchise. Franchisees must own at least 15 percent of the company’s total units. The company must also be based in the United States, or have at least 10 percent of its total units in the United States.
Systemwide sales are defined as the total sales for both franchise and company units. Those sales figures should represent sales to customers, and not corporate sales to franchisees or prospective franchisees, such as royalty revenue or franchise fees.
If two companies reported the same systemwide sales, the higher ranking is given to the company with the most units. Preference is also given to companies that voluntarily report their systemwide sales, rather than those companies for which sales figures must be estimated.
About Color Glo International
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.
Contact
Mandi Brandon
mandi@colorglo.com
Own a franchise with CGI
Color Glo International Ranked Top Home-Based Franchise 2021
Color Glo International Ranked Top Home-Based Franchise in 2021.
Color Glo International® Ranked On Entrepreneur Franchise 500 2021 Top Home-Based Franchise
Color Glo International ranks in the top franchises that offer you the freedom of working from home or on the go. In the Entrepreneur’s Top Home-based franchise 500, Color Glo ranks 93 out of 500.
“As a family-based business that has supported our generations, we are very proud to rank on this list of businesses that offers other families the freedom to control their own business from the flexibility of their home.”
Understanding The Ranking
The franchise world offers a variety of opportunities that can be run from your home, car, truck, van, or another vehicle. So for entrepreneur-minded people that are ready to ditch the office, retail shop, warehouse space, or other confining walls, a home-based franchise business idea may be for you!
Companies on this list were ranked based on how they scored in the 2021 Franchise 500 evaluation, which analyzes companies based on 150-plus data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability.
Color Glo International proudly has passed these tests of offering a turn-key solution for business owners that meet several different criteria.
About Color Glo International
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.
Contact
Mandi Brandon
mandi@colorglo.com