Colors On Parade Franchise Opportunity Review

What is Colors on Parade?

Colors on Parade franchise is a great option that can give you opportunity to work in automotive industry with low investments. It is a leader in automotive repair industry and offers the a great business for those who like to work in automotive repairing industry.

Colors on Parade brings the concept of the original body shop, on wheels. It has been a leader in automotive repairing industry for the last 20 years. It offers a variety of repairing services through its network of 300 franchises all over United States. Auto dealers, body shops, fleet operators and consumers can get on site repair services like paint repair, interior repair and dent removal services. Self-motivated people who enjoy working outdoors are a perfect candidate for this franchise. Colors on Parade is consistently a top ranked franchise in the Entrepreneur magazine 500 top franchises report.

Advantages of becoming Colors On Parade Franchise

The automobile repairing industry is very resistant to economy fluctuations and still in great demand compared to other businesses. With an automotive repairing leader like Colors on Parade, you can get a unique opportunity to develop your business easily. The mobile and home based business model of its franchise makes it low cost and cuts all overheads and setup costs. There are several benefits of Colors on Parade franchise. They are –

· It provides you the latest technology, training and quality services in the automotive appearance industry.

· Your customer base can be widespread through each customer to auto dealers and body shops. With quality and prompt services, there are enormous opportunities to grow your business in your area.

· To own this franchise, you do not need to have automotive experience. All training concerned with the services is provided by Colors on Parade.

· The two-layered franchise system of Colors on Parade, offer two different ownership opportunities as area developer and operator franchise. Operator franchises are engaged in providing services while area developer offer on site support to all operators and develop business over the defined area. The area developers can offer operator franchises in their area.

The Investment

As an operator franchise, the initial franchise fee investment is $15000. Area developer franchisees have a franchise fee of $25000. The total investment of $45000 to $60000 includes the franchise fee, mobile unit down payment, laptop, training and software. The van unit with equipment ranges from $15000 to $30000 depending on whether you have your own vehicle. Royalty fee is 7-30% and the agreement is for 10 years. It is renewable and the renew fee varies in different cases.

Colors on Parade is an established company in the automobile appearance repairing industry. It’s mobile franchise unit saves setup costs and overheads in developing your business. Whether you go for operator franchise or area developer franchise, there are many growth opportunities for your business. Training, support and access to the latest technologies and marketing support by Colors on Parade helps you to become a successful business owner.