Color Glo International Named in Entrepreneur 2020 Top Low-Cost Franchises
Color Glo International was just named in Entrepreneur magazine’s Entrepreneur 2020 Top Low-cost Franchises.
Color Glo International Press Release
Edina, Minnesota – Color Glo International was just named in Entrepreneur magazine’s Entrepreneur 2020 Top Low-cost Franchises. Recognized by entrepreneurs and franchisors as a top competitive tool of measurement, the Entrepreneur 2020 Top Low-cost Franchises places Color Glo International 39/100 for start-up costs less than $100,000.
Buying a franchise doesn’t have to break the bank. If you’re looking to start a business on a budget, you will find Color Glo International on Entrepreneur’s list of the top franchises that can be started for less than $100,000, ranked based on the score we received in the 2020 Franchise 500.
“With 139 franchises owned globally, Color Glo is humbled to make this list of top low-cost franchises with an attainable start up cost of in-between $56K - $61K - making the dream of business ownership affordable for everyday hardworking people.”
Franchises are ranked based on the scores they received in Entrepreneur’s 2020 Franchise 500 ranking, a comprehensive analysis that looks at more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability. More detailed information about Color Glo can be found on Entrepreneur’s website HERE.
View list of top low-cost franchises below $100,000 on Entrepreneur’s website.
About Color Glo International.
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 is the World Leader in the 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.
CGI Named In Top Franchises For Veterans by Entrepreneur Magazine
Press Release. MINNEAPOLIS, MN. Nov 14th, 2018 – Color Glo International® has been ranked in the top franchises for veterans again this year by Entrepreneur Magazine’s Franchise 500.This list recognizes the 150 franchisors offering incentives for veterans to join their franchises business systems. Color Glo was ranked #83.
Press Release
MINNEAPOLIS, MN. Nov 14th, 2018 – Color Glo International® has been ranked in the top franchises for veterans again this year by Entrepreneur Magazine’s Franchise 500.This list recognizes the 150 franchisors offering incentives for veterans to join their franchises business systems. Color Glo was ranked #83.
“We are honored once to make the top franchise list by Entrepreneur Magazine and serve our veteran community with unique opportunities.”
How we were selected
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 continued efforts to support veterans in their pursuit of the American Dream.
Hundreds of franchises offer some sort of incentive for veterans joining their system. But which ones truly offer the best opportunities for veterans interested in becoming franchisees?
To find out which ones offer the best opportunities for veterans, Entrepreneur invited those companies to participate in a survey designed to help them learn more about their veterans programs. From there, the ranking of the top 150 franchises for veterans was developed, taking into account each company's veteran incentive, how veteran franchisees are attracted to and supported by the company, and how each company scored in the 2018 Franchise 500.
“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."
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
To inquire about franchise opportunities with Color Glo, just click the button below.
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.