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'ColorAll' Franchise (Auto Rehab & Painting)
Offered for Sale is an active and PROFITABLE ‘ColorAll’ Auto Reconditioning and Painting Franchise. This Franchise allows its owners to operate throughout all of Seattle as well as the Entire Eastside (Bellevue, Redmond, Issaquah) AND all of Snohomish County.
Over the years, the current owners have focused their Auto Reconditioning and Painting activities in only one small area of their potential range – The Auto Dealership ‘Corridor’ along Hiway 99 from Edmonds to Everett. Other potentially lucrative areas of their franchise territory have remained undeveloped.
ColorAll Technicians are under high demand by used car dealers everywhere as well as those who deal in fleets of vehicles. This franchise currently has 5 fully equipped ‘job ready’ trailers that are prepared for ‘on-site’ auto reconditioning and painting operations daily. Each one can be dispatched to a different job site based on current work demand. These trailers are included in the sale of this franchise.
From the corporate website of ‘ColorAll Technologies’ (www.ColorAll.com), the following general characteristics regarding their franchise opportunities have been taken:
- Extremely low overhead
- No advertising requirements for new business
- Not a retail business (no waiting for customers)
- 9 - 5 work day (5 days)
- Ability to take regular vacations
- No inventory
- Variable costs tied to completion of work
- A high degree of profitability
- A large labor pool to draw from
- Unlimited sources of business available
- Continuous expansion potential
- Ability to run business as a passive investment (if desired)
- Not a cash business (no opportunity for theft)
- Ability to build equity rapidly
- Low cost of goods
- Ability to use cellular phone for primary business communication
- No need to sell anyone on a new concept
- No "one-time sales" (ability to develop long term relationships)
The current owner reports, that by only working one small part of their potential franchise territory, they are grossing almost $ 500,000 per year. Net income for the franchise owners in 2007 was $ 140,000.
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