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Franchise 500 2023
2024 Franchise 500 Rank
#427 Ranked #362 last year
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Initial investment
$21K - $98K
Units as of 2023
222 Increase 2.8% over 3 years

Company Overview

Inspired by his passion for restoring classic cars, Robert Lowery started Colors On Parade to offer body shop-quality automotive repairs from a mobile unit. In 1991, he began franchising the concept. Colors On Parade franchisees offer mobile on-site automotive appearance services throughout the U.S. to car dealerships, fleet owners, rental car agencies, body shops, individual vehicle owners and retail customers.

About Colors On Parade

Industry Automotive
Related Categories Automotive Appearance Services, Miscellaneous Automotive Products & Services, Automotive Repair & Maintenance Services
Founded 1989
Parent Company Total Car Franchising Corp.
Leadership Jill OConnor-Rumohr, Finance Director & CFO
Corporate Address 125 Daytona St.
Conway, SC 29526
Social Facebook, Twitter, LinkedIn, Instagram, YouTube

Business Overview

Franchising Since 1991 (33 years)
# of employees at HQ 12
Where seeking

This company is offering new franchises throughout the US.

This company is offering new franchises in the following international regions: Canada, South America

# of Units 222 (as of 2023)

Information for Franchisees

Here's what you need to know if you're interested in opening a Colors On Parade franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Information Circle
$2,500 - $7,500
Initial Investment Information Circle
$21,450 - $97,500
Net Worth Requirement Information Circle
$10,000 - $500,000
Cash Requirement Information Circle
$10,000 - $200,000
Veteran Incentives Information Circle
30% off franchise fee
Royalty Fee Information Circle
7%-30%
Ad Royalty Fee Information Circle
1%
Term of Agreement Information Circle
20 years
Is franchise term renewable? Yes
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Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

In-House Financing Colors On Parade offers in-house financing to cover the following: accounts receivable, payroll
Third Party Financing Colors On Parade has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training 112 hours
Classroom Training 40 hours
Ongoing Support
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Security & Safety Procedures
Field Operations
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing

Operations

Additional details about running this franchise.

Is absentee ownership allowed? No
Can this franchise be run from home/mobile unit? Information Circle
Yes
Can this franchise be run part time? Information Circle
Yes
# of employees required to run 1
Are exclusive territories available? Information Circle
Yes
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Franchise 500 Ranking History

Compare where Colors On Parade landed on this year's Franchise 500 Ranking versus previous years.

Additional Rankings

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The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022