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FranchiseVerdict

How Much Does a Color Glo Franchise Cost?

Data from the 2024 Franchise Disclosure Document

Investment Summary

Total Investment

$63K – $68K

Franchise Fee

$40K

Royalty

4.0%

Ad Fund

N/A

Cost Breakdown

Initial Franchise Fee

The initial franchise fee for Color Glo is $40K. This one-time payment covers the right to operate under the brand, access to proprietary systems, and initial training programs.

Total Investment Range

Opening a Color Glo franchise requires a total investment of $63K – $68K. This range typically includes real estate or leasehold improvements, equipment and fixtures, initial inventory, signage, insurance, and working capital to sustain operations during the ramp-up period.

Working capital alone ranges from $500 to $2K.

Ongoing Costs

Beyond the initial investment, Color Glo franchisees pay ongoing fees. The royalty fee is 4.0% of gross sales (Gross Sales).

Net Worth & Liquid Capital Requirements

Color Glo requires working capital of $500 – $2K to cover initial operating expenses. This is the liquid cash you should have available beyond the franchise fee and buildout costs.

What Can You Earn?

According to Color Glo's Item 19 financial performance representation:

$63KAvg. Gross Sales

Median gross sales: $77K

This figure comes from Item 19 of the FDD. Gross sales are not the same as take-home profit. After deducting royalties, ad fund fees, rent, labor, and COGS, net income is typically a fraction of gross revenue.

How Do Banks View Color Glo?

SBA Loans Issued

4

Default Rate

N/A

The SBA (Small Business Administration) tracks loan performance for franchise brands. Color Glo has 4 SBA-backed loans on record. A lower default rate generally indicates that lenders view the franchise as a safer investment, though past performance does not guarantee future results.

Next Steps

Talk to current Color Glo franchise owners

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