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Updated RecentlyMaaco Auto Painting & Bodyworks vs Colors On Parade Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Maaco Auto Painting & Bodyworks vs Colors On Parade including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $297,313 - $587,860 | $16,100 - $84,000 |
| Franchise Fee | $40,000 | $2,500 - $5,000 |
| Royalty Fee | 9% | 7-30% |
| Advertising Fee | $1K/wk. | 1% |
| Year Founded | 1972 | 1989 |
| Year Franchised | 1972 | 1991 |
| Term Of Agreement | 15 years | 10 years |
| Term Of Agreement | 15 years | 10 years |
| Renewal Fee | - | Varies |
Business Experience Requirements |
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| Experience | ||
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | No/Yes |
| Start-up Costs | No/Yes | No/Yes |
| Equipment | No/Yes | No/Yes |
| Inventory | No/Yes | No/Yes |
| Receivables | No/No | Yes/No |
| Payroll | No/No | Yes/No |
Training & Support |
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| Training | 4 weeks of hands-on training is provided to new franchise owners at our Corporate Headquarters, located in Charlotte, NC. Franchisees will receive instruction on sales, management, production and customer service procedures during this time. Upon opening, three weeks of on-the-job training will be provided by your regional trainer. The support team will also assistance with hiring and training new employees. Your local fleet director will provide assistance in developing local trade and fleet accounts. Six to 12 months of new MAACO center development oversight and ongoing training and development will be continuously provided. You will also have access to over 2,000 hours of online training support. On an ongoing basis, the Maaco franchise system provides the benefits of an all-encompassing business system that helps manage KPI's, inventory, and payroll. On-The-Job Training: 12 hours Classroom Training: 64 hours Additional Training: Continual support | On-The-Job Training: 112+ hours Classroom Training: 24 hours Additional Training: Ongoing technical training |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations 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 |
| Operations |
Number of employees needed to run franchised unit: 7 - 8
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Franchise can be run from home. 20% of all franchisees own more than one unit
Absentee ownership of franchise is allowed. |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | No |
| International Expansion | Yes | Yes |
Company Overviews
About Maaco Auto Painting & Bodyworks
Veteran Incentives Reduced royalty fee for first six months
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About Colors On Parade
Franchising gives you all the advantages of business ownership plus support from an experienced company. And joining an industry leader like Colors On Parade only makes it better. Colors On Parade offers a variety of franchising opportunities based on your individual experience, investment capital and personal goals. Voted number one in franchisee financial satisfaction in a recent Success Magazine - Arthur Andersen poll, Colors On Parade is the industry leader in on-site Automotive finish repair.
Our on-going research and development and strategic alliance with Refinish Technologies Inc. provides you and affiliates exclusive use, gives you exclusive use of our cutting-edge technology as well as processes that are OSHA and EPA compliant - so you're ready for the market and the competition.
No finish repair experience is necessary. We will train you on our proven system and state-of-the-art techniques and processes - providing you with the foundation for long-term success.