Service Team of Professionals vs Color-Glo Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Service Team of Professionals vs Color-Glo including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Service Team of Professionals Franchise
Color-Glo Franchise
Investment $48,000 - $144,500$56,300 - $61,375
Franchise Fee $48,000$33,000
Royalty Fee 5-9%4%+
Advertising Fee --
Year Founded 19711979
Year Franchised 19961983
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee --


Business Experience Requirements

 
Service Team of Professionals Franchise
Color-Glo Franchise
Experience
  • Aptitude for management, ability to follow directions
  • -

    Financing Options

     
    Service Team of Professionals Franchise
    Color-Glo Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesNo/Yes
    Start-up Costs No/YesNo/Yes
    Equipment No/YesYes/No
    Inventory No/YesYes/No
    Receivables No/YesNo/Yes
    Payroll No/YesNo/Yes

    Training & Support

     
    Service Team of Professionals Franchise
    Color-Glo Franchise
    Training On-The-Job Training: 32 hours Classroom Training: 124 hours Additional Training: Training conventions On-The-Job Training: 40 hours Classroom Training: 80 hours Ongoing training available
    Support Purchasing Co-ops Meetings/Conventions Toll-Free Line Online Support Field Operations Site Selection Proprietary Software 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 Templates National Media Regional Advertising Social media SEO Website development Email marketing 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.

    5% of all franchisees own more than one unit

    - 10

    Absentee ownership of franchise is allowed. (100% 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

     
    Service Team of Professionals Franchise
    Color-Glo Franchise
    US Expansion Yes-
    Canada Expansion NoNo
    International Expansion NoYes

    Company Overviews

    About Service Team of Professionals

    Service Team of Professionals (STOP) was founded in 1971 by Mack Clark, a former employee with General Dynamics, Honeywell and BF Goodrich. STOP franchisees specialize in fire, smoke and water damage cleanup and restoration, deodorizing, and carpet and furniture repair.

    The total investment necessary to begin operation of a STOP franchise business ranges from $48,000 (for an existing cleaning company not requiring a work vehicle, additional equipment nor certain training that we require each franchisee to have) or from $83,700 to a high investment range of $144,500 for both start-up and existing companies. This includes $80,000 to $82,000 that must be paid to the franchisor or their affiliates.

    #122 on Entrepreneur's ranking of the top 150 franchises offering incentives and other programs to help veterans become franchisees
    Veteran Incentives  10% off franchise fee

    About Color-Glo

    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.         

    Veteran Incentives  10% off franchise fee
    "Entrepreneur
    #294 in Franchise 500 for 2020.
    #363 in Franchise 500 for 2021