TOTAL
connect-item
connect-item

Creative Colors

Table of Content
1. Franchise Snapshot
2. Franchise Overview
3. Performance and Metrics
4. Our take
5. Additional Resources

1. Franchise Snapshot

Why this franchise?
  • This is some text inside of a div block.
  • This is some text inside of a div block.
  • This is some text inside of a div block.
Franchise Status
Active
Basic Information
Industry
Home & Building Services
Category
Maintenance, Repair, & Restoration
Investment Range
$101,380 - $121,911
Total US Locations
72
Franchise Units
69
Founding Year
1991
Started Offering Franchises
1991
Management Capacity
Owner Operator
Job Count
3
Prior E2 Investors?
connect-item
Prior Visa Franchise Clients?
connect-item
Royalty Fee
8%
Marketing Fee
1%
Franchise Fee
$59,500
Headquarters (City, State)
Mokena, IL
Square Footage
N/A - N/A
Retail Location?
No
Agreement Term Length
10 Years
Video

In these videos you will learn about the company firsthand. And they will also tell you in a short form about the financing of the enterprise.

2. Franchise Overview

Reports - Elements Webflow Library - BRIX Templates
Overview

Launched in 1991, the Creative Colors International(CCI) franchise system was created through its affiliate, J&J’s Creative Colors, the original industry leader in refurbishment techniques and systems. Today, both companies continue to be family owned and operated by their second generation. Creative Colors International is recognized as the leader in the repair, reconditioning, protection, and color restoration of leather, vinyl, fabric, plastic and carpeting in the automotive, airplane, marine, furniture, commercial, and residential markets. Through proprietary technology and eco-friendly products, CCI restores damaged material at a fraction of replacement costs, saving customers up to 90 percent. CCI repairs are stronger than the original area and are nearly invisible to the naked eye. In the Automotive, Furniture and Commercial Markets, CCI offers on-site repair and restoration to all types of leather, vinyl, fabric, plastic and carpeting by repairing and re dyeing holes, cuts, tears, burns, scrapes, fading and discoloration. The franchise has many relationships with national companies, particularly in the hospitality and rental car markets.

Users - Elements Webflow Library - BRIX Templates
Management team / founders

Mark J. Bollman, is President and Co-Owner of Creative Colors International. He has been a part of the company since 1991. CCI is still a family owned and operated businesses. They encourage their franchisees to the share the same family values in their own units as they do at CCI Headquarters. The company is led by a very experienced and supportive management team that helps and trains franchisees so that they have all of the tools to success at their disposal. CCI has continuously been awarded top recognition as a franchise. They were included in the “Top 50 Franchisee Satisfaction Awards”in 2017 and 2016. In 2017 it was named to the 2017 Inc. 5000 list. In 2016, it was named as “2016 Best of the Best: Top 200 Franchises” list by Franchise Business Review.

Password - Elements Webflow Library - BRIX Templates
Focus of owner for daily business operations

As a CCI Franchisee, the main facets of the business entail: 1. Selling and marketing of restoration services; 2. Management and hiring of staff; 3. Scheduling of staff to match restoration contracts; 4. Review of financials

3. Performance & Metrics

Franchisor Fees | Item 6
Franchise Value
Industry Median
All Franchises Median
Royalty Fee
8%
6%
6%
Marketing Fee
Franchise Fee
$59,500
Total Investment Cost | Item 7
Type of Expenditure
Low Amount
High Amount
When due
Initial Franchise Fee
$8,521
$4,657
Signing of Franchise Agreement
Start-Up Fee
$8,521
$4,657
Signing of Franchise Agreement
Mobile unit
$8,521
$4,657
As Incurred
Mobile unit
$8,521
$4,657
As Incurred
Pre-Opening Travel and Initial Training
$8,521
$4,657
As Incurred
Insurance
$8,521
$4,657
As Incurred
Office Equipment Office Supplies
$8,521
$4,657
As Incurred
Business Listing
$8,521
$4,657
On or before Grand Opening date
Internet Access
$8,521
$8,521
As Incurred
Additional Funds
$8,521
$4,657
As Incurred
$8,521
$4,657
$8,521
$4,657
$8,521
$4,657
$8,521
$4,657
$8,521
$4,657
$8,521
$4,657
$8,521
$4,657
$8,521
$4,657
Outlets and Franchisee Information | Item 20
Outlet type
Year
Outlets at the start of the year
Outlets at the end of the year
Net change
2021
-2
73
71
Franchised
2022
71
71
-1
2023
71
69
-1
2021
3
3
-1
Company-Owned
2022
3
3
0
2023
3
3
0
2021
76
74
-2
2022
74
73
-1
2023
73
72
-1
Total Outlets
-
-
-
-
-
-
-
-
Net Unit Growth (Recent year)
Net Unit Growth (Recent year)
Franchise Health Metrics
Franchise Value
Growth Rate
1 year / 3 years
Failure Rate
1 year / 3 years
Franchise for Sale Rate
1 year / 3 years
0
0
0
0
0
0
0
0
Franchise Health Metrics
Franchise Historical Loan Metrics
10 Year Cumulative Charge Offs by $ of Loans
0%
10 Year Cumulative Defaults
0%
3 Year Predicted Default Rate
8,16%
*Please note the information provided here is sourced from Lumos. We do not guarantee its accuracy or completeness. For verification, please refer to Lumos directly.
Item 19 – Financial Performance Representations
Historical financial performance representations
Franchise Financials
Historical financial performance representations
Litigation & Bankruptcies
% of Franchisees Undergoing Litigation
0
% of Franchisees with Completed Litigation
0
Number of Bankruptcies Disclosed
0
*The litigation information displayed has been reviewed by our Product Development team. Franchises featured on this platform have been thoroughly assessed. However, Visa Franchise strongly recommends consulting with your own legal counsel for further guidance.

4. Our Take

*The litigation information displayed has been reviewed by our Product Development team. Franchises featured on this platform have been thoroughly assessed. However, Visa Franchise strongly recommends consulting with your own legal counsel for further guidance.