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
Own a franchise with CGI
Global Franchise Opportunities in 2018
Once you've decided to invest in your future with a franchise opportunity, you'll need to go through that decision-making process to decide which path is right for you. You might be looking to go down a completely new road in your life. But you might also be looking to find the perfect fit to hone your skills and jumpstart your career. If you work in the service, cleaning, automotive or marine sector, then we think you'll find your passion right here with Color Glo International.
Choosing A Franchise Opportunity
Life offers up a lot of opportunities, specifically when it comes to your career, investments, your family, your home, and your passions. With so many options in every area of our life, it can be difficult to make the right choice. How do you know what the right choice is? What is the right school for your interests? Who is the right partner for your marriage? What is the right position to accept in your current job?
These decisions can also be directly attributed to franchises. With so many different brands and with all types of values, service records, and industries, you'll be able to find one that aligns with your personal interests or passions - you'll also quickly weed out those that don't. With franchise ownership, your skill-sets, ideals and driving inspirations can all be realized very quickly.
“Color Glo International® Certified as a 2018 World-Class Franchise® By The Franchise Research Institute®”
See what Color Glo Franchisee Ruben in South Africa has to say about his experience.
Next Steps With Your Franchise Opportunity
Once you've decided to invest in your future with a franchise opportunity, you'll need to go through that decision-making process to decide which path is right for you. You might be looking to go down a completely new road in your life. But you might also be looking to find the perfect fit to hone your skills and jumpstart your career. If you work in the service, cleaning, automotive or marine sector, then we think you'll find your passion right here with Color Glo International.
CGI Franchise Ratings
Accolades in the franchise world are hard to get, so they should be taken seriously. Recently, Color Glo International was ranked as a certified 2018 world-class franchise by the Franchise Research Institute. In this recognition, numerous bullet points from our franchisee responses were mentioned from their interviews:
- 99% gave a positive rating to the overall quality of the franchisor.
- 98% believe their franchisor encourages high standards of quality performance throughout the organization.
- 99% gave a positive rating to how their franchise business compares to the local competition.
- 99% gave a positive rating to the overall communication between home office personnel and franchisees.
- 97% gave a positive rating to the long-term growth potential for their franchise business.
Top Franchise Questions
After my initial investment, what other monies will I have to spend to get started?
Your investment provides for training and required equipment and inventory. However, as with any business, you should have access to a certain amount to cover your start-up. Usually, this is within 30 to 90 days.
Do I need a truck to carry all of the equipment necessary for work?
No! However, CGI recommends a minivan or pick-up with a topper to provide visual impact (decals, etc.) and simplify access to your materials.
Would I have much competition?
No! Competition is very limited.
What do car dealers do now with a used car “taken in on trade”?
Generally, they send it to a “detail shop” for interior cleaning and exterior washing and polishing. Detail shops can not redye sun-faded fabric, leather or vinyl materials, nor completely remove bad stains.
Where besides the automotive market can I make money?
Anywhere you find leather, vinyl, fabric, plastic and more. Today, besides improving vehicles of all types, Color Glo offices nationwide have been authorized as the warranty service agents for national furniture wholesalers and retailers. Additionally, our franchisees stay busy working on airplanes, boats, ATV’s, office furniture, medical benches, leather coats and purses and so much more!!!
What type of profit should I expect?
Due to not being overwhelmed with overhead, as in most businesses of to-day, you will be retaining 75% to 90% of your receipts.
Franchise Industry Overview
Color Glo is an international color restoration and repair company with hundreds of franchised offices throughout the U.S. and several foreign countries. We specialize in repairing all types of damaged, mismatched, dirty, faded upholstery found in the home, office, automobile, private or commercial aircraft, boats and commercial seating venues. In addition, Color Glo offers re-dyeing or color restoration services for when you just want to improve the appearance of the existing finish or in many cases we can even provide a complete color change.
Why we're top rated
Color Glo has serviced thousands of clients in commercial facilities including theaters, auto dealerships, office buildings, marinas, schools and colleges, retail stores, restaurants, hotels, apartment buildings, homes and more.
Our process uses specially formulated proprietary water-based and environmentally friendly, non-flammable, odor-free products that are made in the USA. Color Glo re-conditioned items dry in minutes which allows the customer to use their investment almost immediately.
Color Glo customers also like the fact that the process takes place at their own site. There is no downtime involved in dropping off your item
Is a Color Glo Franchise Opportunity Right For You?
If you're determined and motivated and love the industries that we niche in, then a CGI business will benefit your family and career with exponential returns. Contact us today to schedule your Discovery Day and find out why we are ranked for franchisee satisfaction by our franchisees, Franchise Gator, Entrepreneur.com and more! It’s your future, don’t just spend it watching others succeed!