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Below is an in-depth analysis and side-by-side comparison of Sears Carpet & Upholstery Care vs Color-Glo including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $76,500 - $433,300 | $56,300 - $61,375 |
Franchise Fee | $5,000 - $95,000 | $33,000 |
Royalty Fee | 8% | 4%+ |
Advertising Fee | - | - |
Year Founded | 1992 | 1979 |
Year Franchised | 1999 | 1983 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | $2.5K | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/No | No/Yes |
Start-up Costs | No/No | No/Yes |
Equipment | No/Yes | Yes/No |
Inventory | No/No | Yes/No |
Receivables | No/No | No/Yes |
Payroll | No/No | No/Yes |
Training & Support |
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Training | - | On-The-Job Training: 40 hours Classroom Training: 80 hours Ongoing training available |
Support | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
Marketing | Co-op advertising, Ad slicks, National media | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations |
Franchise can be run from home. 35% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 10
Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators) |
Franchise can be run from home. International franchisees required to buy multiple units/master licenses; 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (99% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | No | Yes |
Sears has been America's iconic brand for more than 125 years. We are the nation's largest provider of home services with more than 13 million service & installation calls made annually. It's no wonder why America's homeowners look to Sears as their "trusted advisor". Now you can be part of the Sears story. We are looking for entrepreneurs who want to own & operate their own franchise business. Armed Forces Veterans - 10% discount on franchise fee.
Look around you! Every direction you look you are seeing a potential customer for Color Glo products and services. With fabric covering virtually everything we use in our daily lives and being subjected to the wear and tear of this daily use it is no wonder Color Glo is in such great demand. Our business focuses on the automotive industry and we work with vehicles manufactured by companies such as General Motors, Ford, Nissan, Chrysler, Mercedes, Rolls Royce, Toyota, Honda and others all of whom recognize and appreciate the tremendous cost savings we offer them with their new car warranty repairs. We are also in a unique position to offer an incredible value to the used car dealers. Our service is portable so while we make their vehicles more presentable that vehicle does not need to ever leave the lot. Whether it is a minor tear or burn or an extensive color restoration we are able to successfully repair and restore any of the vehicles components, regardless of whether it is leather, vinyl, fabric, velour, plastic or composites.
Our proprietary Color Glo products are exclusive, fully tested and backed by an International company. This insures the customer's complete satisfaction now and into the future. In addition to our success in the automotive industry we are also experiencing a tremendous amount of recognition and growth in leather furniture, both commercial and residential. Private aircraft owners appreciate our products as well as boat owners and manufacturers because Color Glo uses environmentally safe water-based products that have passed certain vertical burn testing requirements under FAR 25.853 (a) Appendix F part (a) (l) (ii) AMD-25-72 Federal Aviation Regulations and were shown not to add flammability to aircraft leather upholstery. They all appreciate the excellent wear ability and UV resistance we provide for their expensive interiors. Color Glo works directly with warranty companies as well as insurance companies and we offer their customers an alternative to the high cost of replacement.
Franchisor is seeking new franchise units worldwide.