![]() ![]() How to Open Your Own Color Me Mine Franchise You will also get help in marketing your business by creating your website and social media pages. This includes company visits, on-the-job training workshops, and online training. You will also get adequate training from painting experts and business coaches before starting your franchise. ![]() The third party can cover your franchise fee, startup cost, equipment, inventory, and payroll. This is part of their effort to make sure your business is well equipped to run smoothly. The term of agreement is five years, at which point you and Color Me Mine will decide if you wish to renew.They also offer financial help by partnering with third-party lenders. These might include a franchise fee, royalty fees, and renewal fees. In order to be part of the Color Me Mine team, you should make sure you’re financially ready for potential set-up fees. This makes it a worthwhile venture that contributes to the surrounding community. As a business owner, you will be thrilled to get customer bookings year-round.Ĭolor Me Mine is also a learning center for aspiring artists, school clubs, and team-building groups. What Might Make Color Me Mine a Good Choice?Īs a family-fun and leisure center, Color Me Mine is always busy offering children and adults of all ages opportunities for paint parties and art creation. Color Me Mine offers franchisees the support needed to run this studio business smoothly. You will not navigate the business alone. You will become your own boss and impact others positively. You will do this by helping families spend quality time together doing fun activities. They also train children and adults to paint in a fun and exciting manner.Ī Color Me Mine franchise will fulfill your desires of becoming a business owner. They lead the pack in providing branding services for a variety of products. Why You May Want to Start a Color Me Mine FranchiseĬolor Me Mine studios have been well-known as a go-to place to paint your own picture. The staff lets customers paint their masterpieces, then collects them for a day of glazing and firing at the studio before returning the artwork to the customer. They offer studio sessions and outdoor services such as paint parties, team building, fundraisers, and weddings. The company began in 1992 and started franchising in 1995. They provide the space, materials, and paint needed to create different pottery colors and ceramics such as mugs, vases, and frames. Color Me Mine provides each studio with password protected online access to numerous reports designed to help the studio operator continually evaluate the business, and also supports the Point-of-Sale software system.Color Me Mine is a studio that assists aspiring artists and the general public in painting their artwork. ![]() There is also a Technology Bundle Fee of $249 per month. Color Me Mine requires that you allocate 2% of your sales to your own local marketing and advertising. There is also a contribution to the marketing materials development fund of 1% of sales. The on-going royalty rate is 5% of sales. There are no additional charges for your training and for our assistance in opening your studio, other than out-of-pocket travel and lodging expenses. If you open an additional studio, the franchise fee is reduced by $5,000. The franchise fee is a one-time payment of $30,000 made at the time you sign the franchise agreement. While the above programs are similar, start up and construction costs will vary in each location. Incidental Costs Incurred During TrainingĪdditional Funds (For the First 3 Months) Ĭomputers, Communications, and Digital Marketing Systems This amount is based on the franchise fee, building improvements, furniture, fixtures, equipment, signage, inventory, travel, rent deposits, insurance, some working capital and other costs. The estimates below show the low to high range for the Estimated Initial Investment. ![]()
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