COLOR WORLD PAINTING

Franchise Information

Analyzed filing: MN · File #666453477
Filed: May 13, 2024
FDD Issued: Apr 29, 2024
Extracted: Aug 24, 2026
Verified family consensus auv tie:family=mn:31138-202404|values=147207,149062|current=147207
Franchisor Details
Name: Color World New Franchise Systems, LLC
Parent: Color World Topco LLC
Address: 7120 Samuel Morse Drive, Suite 300, Columbia, Maryland 21046
Phone: (410) 740-1900
Franchising Since: 2016
Industry & Qualifications
Industry
Home Services
Veteran Discount
30.0%
Multi-Unit Discount
30.0%
Franchise Fee
$15,000 - $49,500
Royalty
6.0%
Ad Fund: 2.0%
Total Investment
$107K - $168K
Initial Term
10 years
Renewable
Outlet Information
Total Outlets (2023)
46
Franchised
45
Company-Owned
1
Opened (Last Year)
+12
Closed (Last Year)
-17
Churn Breakdown (Last Year)
Terminations
3
Non-Renewals
0
Ceased Ops
14
Transfers
14
Reacquired
0
Item 19 (Financial Performance)
Disclosed
Fiscal year ended December 31, 2023. Tables 1-3 cover 11 franchisees (41 territo...
Financial Performance (Item 19)
Avg Unit Volume (through Dec 2023)
$147,207
Median
$150,306
Top 25% Avg
$219,258
Bottom 25% Avg
$55,320
Highest
$397,670
Lowest
$36,373
% Achieving Avg
56.0%
Sample Size
11 units
Unit Economics
Gross Margin
33.0%
Legal History
Litigation: None
Bankruptcy: None
Number File name Source State Filing Date Actions
1000284481 MN_31854-202406-03_color-world-new-franchise-systems,-llc.pdf
Alternate source copy · newest filing
MN Jun 13, 2024 Restricted
153942139 MN_31854-202406-04_color-world-new-franchise-systems,-llc.pdf
Alternate source copy
MN Jun 13, 2024 Restricted
666453477 MN_31138-202404-09_color-world-new-franchise-systems,-llc.pdf
Canonical 2024 analysis · verified
MN May 13, 2024 Restricted
1533990264 MN_31138-202404-08_color-world-new-franchise-systems,-llc.pdf
Alternate source copy
MN May 13, 2024 Restricted
165111 428577_Franchise__Color_World_New_Franchise_Sys_North Dakota_165111.pdf
Alternate source copy
ND Apr 16, 2024
FDD issue date
Restricted
149918 428577_Franchise__Color_World_New_Franchise_Sys_North Dakota_149918.pdf
Alternate source copy
ND Apr 16, 2024
FDD issue date
Restricted
118988 428577_Franchise__Color_World_New_Franchise_Sys_Virginia_118988.pdf
Alternate source copy
VA Apr 29, 2023
FDD issue date
Restricted
119823 428577_Franchise__Color_World_New_Franchise_Sys_North Dakota_119823.pdf
Alternate source copy
ND Apr 29, 2023
FDD issue date
Restricted
78754 428577_Franchise__Color_World_New_Franchise_Sys_Virginia_78754.pdf
Alternate source copy
VA Apr 29, 2023
FDD issue date
Restricted
77345 428577_Franchise__Color_World_New_Franchise_Sys_North Dakota_77345.pdf
Canonical 2023 analysis · verified
ND Apr 29, 2023
FDD issue date
Restricted
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