The INVESTMENT
THE NUMBERS
FRANCHISE INVESTMENT & START UP COSTS
All businesses require an initial investment, and that includes franchises. The difference with franchising is that your costs cover a team of people and processes to support you on your road to success.
As a franchise partner you’re part of our entrepreneurial family, where we balance wealth creation, living our dreams and living our lives on our own terms
You won't feel alone because you have a network that’s got your back.
Every franchise opportunity has a different franchise cost. Service-based brands like Colour Craft have a lower initial investment, along with a faster ramp up time, so that you can start making money and earning back your investment quite fast. Usually within year 1.
The minimum investment for a Colour Craft franchise starts at $45,000.
Every franchise opportunity has a different franchise cost. Service-based brands like Colour Craft have a lower initial investment, along with a faster ramp up time, so that you can start making money and earning back your investment fast.
INVESTMENT RANGE LOW High
Initial Franchise Fee: $10,000 $15,000
Initial Marketing Expense: $8,000 $15,000
Computer Hardware & Software: $1,000 $3,000
Vehicles & Graphics Lease. $0 $5,000
Real Estate / Rent: $0 $3,000
Training Expenses: $2,000 $5,000
Insurance: $2,000 $4,000
Office Equipment & Supplies: $250 $1,000
Licenses & Permits: $500 $2,000
Professional Fees: $2,000 $5,000
Equipment: $3,500 $6,000
Additional Funds: $15,000 $20,000
TOTAL $44,250 $84,000
** This is not an offer of a franchise. An offer can only be made through a Franchise Disclosure Document, as it may be registered in certain states.
IS FRANCHISING PROFITABLE?
One of the questions prospective Franchise Partners ask when looking into various options is, “How profitable are franchises?".
The answer?
How successful you are depends on you, your coach-ability, your work ethic, your devotion to excellence and your ability to follow the Colour Craft franchise formula.
Send me an email at brad@colourcraft.ca to see a pro-forma business plan of what start up might look like.
After 10 years of being in the franchise game we’ve identified what creates successful franchisees and franchise territories.
As the franchisor, we are only as successful as you are, therefor ensuring your success is the entire business plan!
What You Get From Your Franchise Investment
As a Colour Craft Franchise Partner, you’ll have everything you need to launch and grow your business.
The way we support you includes:
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Formal Training: On all the key foundational business systems. Recruitment, Sales, Marketing, Production, Finance, Planning
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Formal Coaching: Brad Samuels, founder & head coach, will be working 1 on 1 with you in formal weekly coaching sessions
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Done for you Systems: We have creates 200 + Standard operating systems to make organization within the business easy.
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Recruitment: We help you to find the right people to make your business exceptional, and provide you with the resources to recruit and train your teams.
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Booking you estimate appointments. Our centralized call centre and online booking system is open 24/7 – letting you focus on growing your business, rather than getting bogged down in time-consuming admin.
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Team: you join a family of young entrepreneurs and friends who know that life is about a lot more than painting. Our whole franchise manager team has dreams and goal outside of business. We have a team dynamic where we can be honest, open and direct about our long term personal goals and deeper live question
THE COST & BENEFITS OF STARTING A COLOUR CRAFT FRANCHISE
When it comes to cost and investment, how do you decide whether you should go it alone or join a franchise?
One way to look at it is this: Building the operations manual, which outlines the entire success formula for success at colour craft, took me two years to write and test. On your own, you have to put yourself on the line with no support or formula for success and you have to build everything from scratch, while operating the business and staying cash flow positive.
When you join us, you’re backed by proven systems, a trusted brand and a high level coach who is an expert in the industry.
You become part of our family – and you’ll never feel alone because you have a network that’s got your back. It’s the smartest way to start a business!
