The Coven® vs Color Me Mine
Franchise Comparison 2026
Both The Coven® and Color Me Mine are recreation & entertainment franchises. The Coven® requires an investment of $213K – $465K while Color Me Mine requires $219K – $475K. In terms of revenue, The Coven® reports higher average unit revenue at $519K. Color Me Mine has SBA lending data on file with a 13.0% charge-off rate. FranchiseVerdict rates The Coven® A (Top Quintile) and Color Me Mine A (Top Quintile).
| Metric | The Coven® | Color Me Mine |
|---|---|---|
| Verdict Grade | ATop QuintileTop Quintile | ATop QuintileTop Quintile |
| Investment Range | $213K – $465K | $219K – $475K |
| Franchise Fee | $50K | $30K |
| Royalty Rate | Greater of 8% of Gross Sales or $800 per month | 5.0% |
| Average Revenue (Item 19) | $519K | $513K |
| SBA Charge-Off Rate | N/A | 13.0% (77 loans) |
| Total Units | 6 | 125 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2022 | 2021 |
| FDD Year | 2025 | 2026 |
Investment Range
$213K – $465K
$219K – $475K
Franchise Fee
$50K
$30K
Royalty Rate
Greater of 8% of Gross Sales or $800 per month
5.0%
Average Revenue (Item 19)
$519K
$513K
SBA Charge-Off Rate
N/A
13.0% (77 loans)
Total Units
6
125
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2022
2021
FDD Year
2025
2026