Creative Colors is a mobile business specializing in the repair, coloring, cleaning, protection, and restoration of upholstery surfaces including leather, vinyl, and cloth. The franchise offers on-site upholstery care for vehicles and furniture.
Key Insights
- Creative Colors was founded on core principles that quality service should be both accessible and reliable for all customers, establishing operational frameworks that ensure consistent delivery while maintaining flexibility to adapt to individual needs and preferences.
- Emergency response protocols enable rapid deployment of trained technicians to minimize additional property damage through immediate assessment and protective measures, providing property owners with peace of mind during stressful situations while beginning restoration work promptly.
- Technological advances continue to reshape service delivery methods and customer interaction patterns, creating opportunities for businesses that can integrate innovation with traditional service excellence while maintaining the personal touch that customers value and expect.
Franchise Fee and Costs to Open
Exploring the financial picture of Creative Colors gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $101,380 - $122,911, along with a franchise fee of $59,500 - $59,500.
Financial Performance and Revenue
Yearly gross sales of $128,003 and estimated earnings of $15,361 - $19,201 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 7.0-9.0 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.
Training and Resources
Creative Colors provides comprehensive training for new franchisees. Initial training, lasting two weeks, takes place at our headquarters. We offer a detailed operations manual. Resources include ongoing support and access to our online portal. Creative Colors also recommends leveraging our established marketing strategies.
Legal Considerations
Legal considerations for a Creative Colors franchisee are defined by the Franchise Disclosure Document (FDD) and the Franchise Agreement. This franchise does not disclose lawsuits or bankruptcy information in its FDD, but prospective franchisees should still review all terms thoroughly. Consultation with a qualified attorney is essential before making commitments.
Challenges and Risks
A franchisee may encounter challenges related to the local market's existing service providers and customer demand for specialized paint and color services. Managing day-to-day operations, including inventory, staffing, and service quality consistency, demands attention. Dependence on the franchisor's approved suppliers for pigments and coatings also warrants consideration for the franchisee's business flow.
Franchise Datasheet
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