About Colors On Parade - Unit - Renewal - CA, NY Franchise
Colors On Parade is a mobile automotive appearance repair franchise with unit opportunities available since 1991.
Individual operators travel to car dealerships, body shops, and customer locations to perform cosmetic vehicle repairs on site.
Services include paintless dent removal, paint touch up, bumper and trim repair, and windshield chip restoration.
Colors On Parade - Unit - Renewal - CA, NY Franchise Cost & Fees
Minimum Investment
$26K
Average Investment
$62K
Maximum Investment
$98K
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $7,500 | One-time payment upon signing |
| Royalty Fee | 20%-30% of Gross Sales of gross sales | Ongoing; paid monthly |
| Total Investment Range | $26,450 – $97,500 | Includes build-out, inventory, working capital |
The investment range of $26K–$98K reflects variability in build-out costs, store size, lease terms, and market. The ongoing royalty fee is 20%-30% of Gross Sales of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee | $2,500 | $7,500 |
| Vehicle | $5,000 | $35,000 |
| Laptop Computer & Printer | $300 | $2,000 |
| Equipment | $4,000 | $24,500 |
| Tools | $1,600 | $2,000 |
| Insurance | $300 | $6,000 |
| Training | $4,000 | $5,000 |
| Travel and living expenses while training | $1,500 | $6,000 |
| Miscellaneous opening costs | $250 | $1,500 |
| Additional funds – 3 to 6 months | $2,000 | $15,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $1,000 |
| Renewal Fee | 50% of the then-current Initial Franchise Fee at the time of renewal (but in no event less than $3,750) |
| Audit Fee | Actual costs and expenses of audit or review, including salary or fees paid to employees or accountants |
| Training Surcharge | Amount of the Initial Franchise Fee |
| Liquidated Damages | The greater of $25,000 or 30% of your Gross Sales for the 12-month period prior to termination |
| Indemnification | Actual amount of fines, losses, damages, costs and expenses (including attorneys’ fees) incurred by us |
| On-going Training and Assistance Fee | Up to 5% of collected Gross Sales (paid to Assisting Franchisee) |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | Up to 2 weeks for paint repair and refinishing; other services by third parties. |
| Classroom Training | 152 hours |
| On-the-Job Training | 0 hours |
| Training Location | Conway, South Carolina; Springdale, Arizona; Myrtle Beach, SC; Wilmington, NC; Kailua, Hawaii. |
| Additional Training | Refresher and additional training programs are offered, sometimes regionally. Mandatory programs are free; optional programs may incur a reasonable fee. Training may also occur at national or regional meetings. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Non-exclusive |
| Exclusive Territory | No |
| Territory Size | Geographic area with an estimated population of at least 100,000 |
| Description | Franchisees are granted a non-exclusive right to operate within an approved, defined territory with an estimated population of at least 100,000. Franchisees may be assigned specific accounts within their territory and have the continuing right to service them, unless the account is a national/regional account or there's a significant complaint. Franchisees cannot solicit or provide services outside their territory without consent. The franchisor reserves the right to operate or license others to operate businesses under the System or other marks within the territory, and to use alternative distribution channels. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 20 years |
| Renewal Term | 10 years |
| Renewal Fee | 50% of the then-current Initial Franchise Fee at the time of renewal (but in no event less than $3,750) |
| Renewal Conditions | Franchisee must provide notice (90-180 days prior to expiration), not be in default, sign the then-current Unit Franchise Agreement (which may have materially different terms), execute a general release (subject to state law), and pay the renewal fee. |
| Transfer Fee | $1,000 |
| Transfer Conditions | All monetary obligations satisfied, no default, general release signed (subject to state law), agreement to non-competition, transferee agrees to discharge obligations, transferee qualifies and meets training requirements, transferee signs then-current Unit Franchise Agreement, original franchisee remains liable for existing obligations, and all applicable fees paid. Franchisor has a right of first refusal. |
| Termination for Cause | Franchisor may terminate for various defaults, including failure to pay fees (10-day cure, or immediate if 3 defaults in 12 months), material misrepresentation, understating Gross Sales (2% or more, or intentional), failure to complete training within 6 months, suspending operations for over 7 days (excluding force majeure/vacations), bankruptcy, unauthorized transfer, felony conviction, or health/safety law violations (5-day cure, or immediate if immediate threat). Other breaches have a 30-day cure period. |
| Non-Compete Period | 2 years after termination |
| Non-Compete Details | During the term, no involvement in competing businesses or solicitation of franchisor's/other franchisees' customers. Post-term (2 years after termination), no involvement in any business providing Services, no solicitation of customers serviced in the prior 3 years, and no offering Services within 5 miles of commercial customers serviced in the prior 3 years. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | Yes |
| Participation Details | The franchisee must personally operate and supervise the business full-time, or designate an approved, fully trained full-time employee. Both must complete all required training. A substantial time commitment is expected, especially initially, including weekdays, evenings, and potentially weekends. Franchisees cannot operate any other business or use unauthorized automotive products/services. Employees must sign Non-Disclosure and Non-Competition Agreements. |
| Required Suppliers | Franchisor or approved suppliers for required tools, equipment, and supplies; franchisor for proprietary mobile lab and assigned paint-related products; designated accounting program; A.M. Best 'A' or better rated insurance carrier; any vendor for vehicle (must meet specifications); any vendor for laptop and printer (must meet specifications). |
| Supply Restrictions | Cannot use unapproved equipment, tools, supplies, or inventory. Prohibited from purchasing products from companies attempting to 'knock off' or replicate franchisor's products, including patented/patent-pending items or those sold under Colors on Parade® trademark. |
| Franchisor Revenue from Suppliers | In fiscal year 2023, total revenues from sales of products ($424,076) and collection services ($408,486) to franchisees were $832,562, representing approximately 24% of total revenues ($3,448,720). Franchisor also receives a $25,000 annual marketing credit, a 15% paints and coatings rebate, a 5% associate products rebate, and a $400 franchise logo credit per new franchisee from Sherwin Williams, Inc. |
Colors On Parade - Unit - Renewal - CA, NY Franchise Earnings — Item 19
Average Revenue
$144K
Median Revenue
$119K
Sample Size
179 units
Past financial performance does not guarantee future results. Individual results will vary.
Colors On Parade - Unit - Renewal - CA, NY Litigation & Risk Flags
Clean Litigation RecordColors On Parade - Unit - Renewal - CA, NY has no pending litigation actions listed in their FDD. There is also no bankruptcy history disclosed.
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Colors On Parade - Unit - Renewal - CA, NY System Growth
Total Units
214
Franchised
214
Company-Owned
0
Colors On Parade - Unit - Renewal - CA, NY currently operates 214 franchised locations and 0 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2021 | 12 | 10 | 219 |
| 2022 | 26 | 22 | 223 |
| 2023 | 16 | 25 | 214 |
Transfers: 1 | Closures: 25
State Registrations
Registered in 18 states: California, Michigan, Hawaii, Minnesota, Illinois, Nebraska, Indiana, New York, Maryland, North Dakota, Oregon, Virginia, Rhode Island, Washington, South Dakota, Texas, Utah, Wisconsin
Franchisor Financials (Item 21)
Revenue
$3.4M
Colors On Parade - Unit - Renewal - CA, NY Franchise — FAQ
The total investment to open a Colors On Parade - Unit - Renewal - CA, NY franchise ranges from $26,450 to $97,500, per their Franchise Disclosure Document. This includes the initial franchise fee of $7,500. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
Colors On Parade - Unit - Renewal - CA, NY charges a royalty fee of 20%-30% of Gross Sales of gross sales. These fees are paid on an ongoing basis.
You can download the Colors On Parade - Unit - Renewal - CA, NY Franchise Disclosure Document free on this page. The FDD is a public document filed with state franchise registries. Always also request the current FDD directly from Colors On Parade - Unit - Renewal - CA, NY to ensure you have the most up-to-date version.
According to the Item 19 financial performance representation in their FDD, Colors On Parade - Unit - Renewal - CA, NY franchise owners report average revenue of $144K and median revenue of $119K. This is based on a sample of 179 units. Past performance does not guarantee future results.
Colors On Parade - Unit - Renewal - CA, NY has been franchising since 1991. The FDD shows an investment range of $26,450-$97,500, a 20%-30% of Gross Sales royalty, and includes an Item 19 earnings disclosure. There is no pending litigation. Review the full FDD and contact current franchisees listed in Item 20 before making any investment decision.
The franchise fee is $7,500 and the total investment ranges from $26,450 to $97,500 depending on location size and market. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.
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Data Source & Disclaimer: This website is for informational purposes only. It is not an offer to sell or buy a franchise. This profile is based on publicly available FDD data sourced from state franchise registry filings. All information is for research purposes only and does not constitute legal, financial, or investment advice. Data may be outdated or contain errors. Always obtain the current FDD directly from Colors On Parade - Unit - Renewal - CA, NY and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with Colors On Parade - Unit - Renewal - CA, NY or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com