Start-Up Costs and Fees |
||
| ColorTyme | Interstate All Battery Center | |
| Investment | 229575 - 357500 | 172600 - 411000 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% | 5% |
| Advertising Fee | $250/ mo | N/A |
| Year Founded | 1979 | 1999 |
| Year Franchised | 1982 | 2005 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| ColorTyme | Interstate All Battery Center | |
| Experience | ? Business Experience: ? Industry experience ? General business experience ? Marketing skills | |
Financing Options |
||
| ColorTyme | Interstate All Battery Center | |
| Franchise Fees | No | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | Yes | |
Training & Support |
||
| ColorTyme | Interstate All Battery Center | |
| Training | 4 Weeks | |
| Support | o Central Purchasing: Included in Fees o Field Operation Evaluation: Included in Fees o Field Training: Included in Fees o Initial Store Opening: Included in Fees o Inventory Control: Included in Fees o Franchisee Newsletter: Included in Fees o Regional or National Meetings: Included in Fees | |
| Marketing | *National Advertising *Regional Advertising *Local Advertising *Marketing Materials *Additional Services: customized ads *Other Marketing Support | |
| Operations | ? 49% of all franchisees own more than one unit ? Number of employees needed to run franchised unit: 5 ? Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators) ? Average Number of Employees: 5 Full-time, 0 Part-time | |
Expansion Plans |
||
| ColorTyme | Interstate All Battery Center | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| ColorTyme | |
| Interstate All Battery Center | |
| Franchise Fee | |
| ColorTyme | |
| Interstate All Battery Center | |
| Royalty Fee | |
| ColorTyme | 4% |
| Interstate All Battery Center | 5% |
| Advertising Fee | |
| ColorTyme | $250/ mo |
| Interstate All Battery Center | N/A |
| Year Founded | |
| ColorTyme | 1979 |
| Interstate All Battery Center | 1999 |
| Year Franchised | |
| ColorTyme | 1982 |
| Interstate All Battery Center | 2005 |
| Term Of Agreement | |
| ColorTyme | 5-10 years |
| Interstate All Battery Center | N/A |
| Renewal Fee | |
| ColorTyme | |
| Interstate All Battery Center | |
Business Experience Requirements |
|
| Experience | |
| ColorTyme | ? Business Experience: ? Industry experience ? General business experience ? Marketing skills |
| Interstate All Battery Center | |
Financing Options |
|
| Franchise Fees | |
| ColorTyme | No |
| Interstate All Battery Center | No |
| Start-up Costs | |
| ColorTyme | |
| Interstate All Battery Center | |
| Equipment | |
| ColorTyme} | |
| Interstate All Battery Center | |
| Inventory | |
| ColorTyme | |
| Interstate All Battery Center | |
| Receivables | |
| ColorTyme | |
| Interstate All Battery Center | |
| Payroll | |
| ColorTyme | |
| Interstate All Battery Center | |
Training & Support |
|
| Training | |
| ColorTyme | 4 Weeks |
| Interstate All Battery Center | |
| Support | |
| ColorTyme | o Central Purchasing: Included in Fees o Field Operation Evaluation: Included in Fees o Field Training: Included in Fees o Initial Store Opening: Included in Fees o Inventory Control: Included in Fees o Franchisee Newsletter: Included in Fees o Regional or National Meetings: Included in Fees |
| Interstate All Battery Center | |
| Marketing | |
| ColorTyme | *National Advertising *Regional Advertising *Local Advertising *Marketing Materials *Additional Services: customized ads *Other Marketing Support |
| Interstate All Battery Center | |
| Operations | |
| ColorTyme | ? 49% of all franchisees own more than one unit ? Number of employees needed to run franchised unit: 5 ? Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators) ? Average Number of Employees: 5 Full-time, 0 Part-time |
| Interstate All Battery Center | |
Expansion Plans |
|
| US Expansion | |
| ColorTyme | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Interstate All Battery Center | |
| Canada Expansion | |
| ColorTyme | |
| Interstate All Battery Center | |
| International Expansion | |
| ColorTyme | |
| Interstate All Battery Center | |