Color Me Mine Franchise
Color Me Mine Franchise:- The Color Me Mine franchise makes art creation easy, with a simple process of painting ceramic pieces of your very own. There are more than 1000 ceramic pieces to choose from, so step one is to choose your ceramic piece. The second step is to use a pencil to sketch your design onto the ceramic piece, or to choose a graphic out of the more than 25,000 ideas i ...
Color Me Mine Franchise Details
Print Page- Investment Required
- Investment Level: $ 125 K
- Training and Support: Yes
Color Me Mine's "art as entertainment" business model is eminently franchisable. In comparison to traditional retail businesses, where you stock items on a shelf, and try to maximize turn rate while keeping seasonal items refreshed, Color Me Mine's model keeps a finite number of items on the shelf, and most of the work is done by your customers. You're selling the art of creativity, of being a teacher to a customer. This builds a customer base that tends to be repeat buyers, and tends to fit into the arts-and-crafts niche.
Because the final product is taken home after firing, Color Me Mine is a good example of "Crafts for the 21st century" where people are too busy to devote their time to a full time craft hobby. Above and beyond the growth and position of the demographic trends, The Color Me Mine franchise has a modest franchise fee of $25,000, and a very low royalty and marketing fund fee of 5% and 1%. You should expect your entire investment to run about $110,000 for a small studio and around $200,000 for a large one. Studio sizes are selected by the franchise department, based on median income, population density and competing businesses in the locale.
The ideal Color Me Mine franchise owner should be a hands-on owner, with a strong creative urge, and one who enjoys nurturing creativity and teaching. Prior business experience is very helpful, and while Color Me Mine's operating costs are the lowest in the business, some degree of financial management and responsibility are necessary to make the business grow. Color Me Mine makes for an excellent "retirement" business for teachers or administrators – the people who want to make a living doing what they love to do, and have the experience at running a business. Extensive teaching and franchise support is available.
Business Franchise World is not actively submitting franchise applications to the Color Me Mine Company at this time. Please browse our other top franchises, which are currently accepting new franchising opportunity applications.