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
Color Glo International Certified as a 2018 World-Class Franchise
MINNEAPOLIS, MN. Dec 26th, 2017 – Color Glo International® has received World-Class Franchise® certification from the Franchise Research Institute® for the eighth consecutive year. 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.
Color Glo International® Certified as a 2018 World-Class Franchise® By The Franchise Research Institute®
MINNEAPOLIS, MN. Dec 26th, 2017 – Color Glo International® has received World-Class Franchise® certification from the Franchise Research Institute® for the eighth consecutive year.
The recognition comes after an independent franchisee validation survey conducted by the Franchise Research Institute, in which 76.1% of all Color Glo International franchisees participated. The survey was designed to determine the quality of 10 key metrics crucial to franchisee success within the Color Glo International franchise system.
According to Jeff Johnson, Founder of the Franchise Research Institute, “Color Glo International understands the importance of the partnership between franchisor and franchisees, and relies on unbiased data to make decisions which help to maximize franchisee sales and profitability. Further, Color Glo’s willingness to share this ‘look behind the curtain’ provides a level of transparency in their franchise that is critical for franchise candidates.”
The survey asked Color Glo International’s franchise owners to rate their franchisor through a series of questions in categories such as overall quality, growth potential, support and communication.
Franchisee Responses
Among the responses received from Color Glo International’s franchisees:
- 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.
“We are honored to continually receive recognition for all the hard work that the Color Glo family pours into our franchisees and the success of their operations.”
Color Glo International’s franchise satisfaction results are available at HERE.
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
Want to franchise with CGI?
Color Glo International Named Top Franchisee For Veterans by Entrepreneur Magazine
Minneapolis, MN - Color Glo International was recently ranked in Entrepreneur magazine’s Top Franchises for Veterans list. This list recognizes the 150 franchisors offering incentives to veterans who join their systems.
Minneapolis, MN - Color Glo International was recently ranked in Entrepreneur magazine’s Top Franchises for Veterans list. This list recognizes the 150 franchisors offering incentives to veterans who join their systems. Color Glo was ranked #106.
“We’re honored to make the top franchise list by Entrepreneur Magazine and serve our veteran community with opportunity.”
“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."
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 efforts to support veterans in their pursuit of the American Dream.
To inquire about franchise opportunities with Color Glo, just click the button below.
CGI Named Top Global Franchise By Entrepreneur 2017!
Minneapolis, July 25th, 2017 - Color Glo International, the world leader in restoration and repair of leather, vinyl, velour, cloth and hard plastics, announced today that it was recently ranked in Entrepreneur magazine’s Top Global Franchises list.
Press Release. Color Glo International Named a Top Global Franchise By Entrepreneur Magazine for 2017!
Minneapolis, July 25th, 2017 - Color Glo International, the world leader in restoration and repair of leather, vinyl, velour, cloth and hard plastics, announced today that it was recently ranked in Entrepreneur magazine’s Top Global Franchises list. This list recognizes the top 200 franchisors that are seeking franchisees outside of the U.S., based on data submitted for Entrepreneur’s Franchise 500® ranking. Color Glo International was ranked #106.
“What you get by achieving your goals is not as important as what you become when you achieve your goals.”
“The companies on our Top Global Franchises list are overcoming logistical challenges and cultural differences to bring their products and services—and their franchise opportunities—to people all around the world,” says Jason Feifer, editor in chief of Entrepreneur.
Entrepreneur’s 2017 Top Global Franchises were determined by adjusting the company’s Franchise 500 formula to give extra weight to international size and growth. Other areas evaluated by the formula include costs and fees, franchisee support, brand strength, and financial strength and stability. Color Glo International’s position on the ranking shows that it’s a franchise opportunity with worldwide appeal.
To view Color Glo International in the full listings, visit https://www.entrepreneur.com/franchises/topglobal and navigate to page 3. The list can also be seen in the July/August issue of Entrepreneur, available now on newsstands.
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 world. Color Glo products are proven everyday to offer the correct results and best value every time they are put to the test.
Contact Us
Gary Smith Scott Smith
Gary@colorglo.com Scott@colorglo.com
COLOR GLO INTERNATIONAL NAMED A TOP 100 BY FRANCHISE GATOR FOR 2017!!!
Our focus is restoring and repairing common defects such as worn and faded interior components such as 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.
Franchise Gator just released their Top 100 Franchises for 2017 and Color Glo is listed among them!
Industry: Franchise
APRIL 24, 2017
At the core of it, franchising is about risk reduction. You join a franchise because it provides a heightened chance of success as a business owner. The Top 100 has been designed, with the assistance of The Educated Franchisee, to measure the quality of a franchise system over time. Rankings are mostly based on a formula created from various pieces of the Franchise Disclosure Document (FDD) that focus on financial stability, growth, transparency, engagement, continuity and sustainability. Hundreds of FDD's were studied this past year in an effort to bring you this ranking.
We also focused on evaluating franchise opportunities that fit the mold of what a typical Franchise Gator visitor seeks. That meant taking investment range and industry into account to create what we feel is truly a unique rankings list. So if you are looking for some of the more high ticket, recognizable names in franchising and don't see them, that by no means is a discredit to that franchise system. It simply means they were not part of our evaluation process.
Franchise Gator would like to thank the following people who's insight was invaluable and instrumental in the production of Franchise Gator's Top 100:
- Rick Bisio - The Educated Franchisee
- Eric Stites and Associates - Franchise Business Review
- Thomas Scott - Brand Journalists
To view the Top 100 Franchise Gator Franchises for 2016 click HERE
To learn more about Color Glo international click HERE
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 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 then expanded into Canada and 50 countries world wide.
Our focus is restoring and repairing common defects such as worn and faded interior components such as 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.
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.
Top 100 Franchise Opportunities 2016
Color Glo International has once again been awarded a position on Franchise Gator's Top 100 Franchise opportunities. Read the Press Release below to learn more about Franchise Gator.
Franchise Gator just released their Top 100 Franchises for 2016 and Color Glo is listed among them!
Color Glo International has once again been awarded a position on Franchise Gator's Top 100 Franchise opportunities. Read the Press Release below to learn more about Franchise Gator.
Press Release
August 19, 2016, Minneapolis, At the core of it, franchising is about risk reduction. You join a franchise because it provides a heightened chance of success as a business owner. The Top 100 has been designed, with the assistance of The Educated Franchisee, to measure the quality of a franchise system over time. Rankings are mostly based on a formula created from various pieces of the Franchise Disclosure Document (FDD) that focus on financial stability, growth, transparency, engagement, continuity and sustainability. Hundreds of FDD's were studied this past year in an effort to bring you this ranking.
We also focused on evaluating franchise opportunities that fit the mold of what a typical Franchise Gator visitor seeks. That means taking investment range and industry into account to create what we feel is truly a unique rankings list. So if you are looking for some of the more high ticket, recognizable names in franchising and don't see them, that by no means is a discredit to that franchise system. It simply means they were not part of our evaluation process.
Franchise Gator would like to thank the following people who's insight was invaluable and instrumental in the production of Franchise Gator's Top 100:
- Rick Bisio - The Educated Franchisee
- Eric Stites and Associates - Franchise Business Review
- Thomas Scott - Brand Journalists
To view the Top 100 Franchise Gator Franchises for 2016 click HERE
To learn more about Color Glo international click HERE
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 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 then expanded into Canada and 50 countries world wide.
Our focus is restoring and repairing common defects such as worn and faded interior components such as 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.