Franchising Status
Email Address
Phone Number
Unit Location
Email Address
Phone Number
4/10

Franchimp Summary Rating

3 /10
Higher than 77% of peers
5 /10
Higher than 59% of peers

Franchise Summary

Description
ColorWorldFranchise Systems, LLC offersfranchises to qualified individuals and entities to own and operate a franchise under our COLOR WORLD service marks, trade names, programs, and systems. Our franchisees offer quality residential and commercial painting and related products and services to the public under the "Color WorldTM" names.
Company Background
ColorWorldFranchise Systems, LLC offers franchises to qualified individuals and entities to own and operate a franchise under our COLOR WORLD service marks, trade names, programs, and systems. Our franchisees offer quality residential and commercial painting and related products and services to the public under the "Color WorldTM" names.
Franchise Opportunity
The Color World Franchise System is one of the fastest growing franchises in America. With over 200 franchise locations and more than $20 million in annual sales, we offer a proven business system with a product that people love. Our systems are easy to learn, our support team is second to none, and you'll have access to an exclusive online community where you can connect with other owners from around the country. You're never alone as part of the Color World family! If you're looking for a great opportunity or want to start your own business on your terms, then it's time for you to join us at ColorWorldFranchiseSystems.com! We'd love for you to be our next success story and help us grow into even more cities across America!
Corporate Structure
Color World Franchise Systems, LLC was formed in Ohio on January 8, 2016. They do business under the “COLOR WORLD” and “COLOR WORLD HOUSEPAINTING” names, marks, and logos. Their principal office address is 94 Village Pointe Dr., Powell, Ohio 43065. They have offered franchises since March 2016.
Royalties and Marketing Fees

Royalties : 6.0% of revenue

Royalties : Up to 3% of your monthly Gross Sales. Currently 2% of Gross Sales.

Royalties : 3500

Franchisee Attrition

3 /10
This franchise's rate of attrition in 2020 of 16.00% was Much Higher than the 6% in the Decorating & Home Design industry. Generally speaking, a higher rate of attrition represents a less stable franchise system and a lower rate of attrition indicates a more successful system
What's Included in franchise attrition?
We define the franchisee attrition rate as the sum of terminations, re-acquisitions by franchisor, non-renewals, and ceased operations, divided by the number of outlest at the start of the year. It is a strong indicator of the strength of the underlying operating model

Franchise Types Available

# Type Investment Fees

Employee Contact Database

# Name Position Phone Number Email Address

Franchise Disclosure Documents

FDD Effective Date

Color World Housepainting Franchise System Development in 2020

FAQ

How much investment do I need to start my own Color World Housepainting business?
Franchisees typically require at least $103,625 to $190,325 investment to get their Color World Housepainting business started
What are the initial franchise fees for Color World Housepainting?
Franchisees typically need to pay at least $71,500 in fees directly to Color World Housepainting in order to earn the right to launch their business
How much money can I make with a Color World Housepainting franchise? What are the average revenues for a typical Color World Housepainting business?
We haven’t done the math on how much revenue a typical Color World Housepainting brings in each year. We estimate that other franchisees in the Professional Services industry generate $0 revenue, so we would expect Color World Housepainting to generate a similar amount
How long do I need to commit to running a Color World Housepainting unit? What is my contractual commitment?
Color World Housepainting franchisees are typically required to sign up to a 10 year contract initially. The renewal length is 10 years. You can of course exit early but don’t expect to get any refund!

Accessibility

5 /10
The Franchisor's investment costs ranges from $103,625 to $190,325 which is Much Lower than the $181,953 to $372,343 average in the Decorating & Home Design industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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