Color Tyme Franchise Details
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- Investment Level: $ 125 K
- Training and Support: Yes
The Color Tyme franchise offers one of the greatest selections of name brand products, including home furnishings, computers, appliances and electronics that can be rented, or leased to own. No down payment is ever required by the Color Tyme franchise, and there are absolutely no hassles involved with this type of renting or leasing to own. Do you need a piece of furniture, or some electronics? Do you need a big screen television before the big game, or a new couch that you would like to eventually own? Then the Color Tyme franchise has exactly what you are looking for and can offer it you on a hassle free basis for as long as you need it, or for keeps if you require.
Rent To Own, or "item leasing" is a thriving business, particularly in areas where credit ratings make purchasing products on credit difficult for the local consumer base. Far from being "A pawn shop" Color Tyme is about providing high end electronics and furniture to people who would otherwise be unable to buy them. By offering value adds like professional installation, the latest gear, and easy payment terms, Color Tyme centers experience an profligate profit on each contract made.
To open your own Color Tyme Franchise, you'll need about $300,000 in net worth, with $90-180,000 in liquid capital. The initial franchise fee of $25,000 can be used with extensive rent to own experience and a good credit rating to secure financing. Depending on site availability, there will be a 3-6 month delay between signing a franchise agreement and getting your store open. ColorTyme offers extensive assistance in training and site selection.
Color Tyme strives to help franchisees from day one, through every single step in the process. The Color Tyme company has just as much passion about their company as they hope that their franchisees will. The rent to own industry is an incredible industry that is growing at breakneck speeds, and if you want to be a part of this fast moving industry, then the Color Tyme franchise has what you need to get started, including extensive and comprehensive training, and the products and services that you can offer to build a strong and profitable customer basis.
Business Franchise World is not actively submitting franchise applications to the Color Tyme Company at this time. Please browse our other top franchises, which are currently accepting new franchising opportunity applications.
