AERO COLOURS
Yes, we actively support the inclusion and development of minority-owned franchises in the Aero-Colours system.
AERO COLOURS
10824 Nesbitt Ave. S.
Bloomington, MN 55437
800#: (800) 696-2376
Tel: (952) 942-0490
Fax: (952) 942-0628
E-mail: jspellmire@aerocolours.com
Web Site: www.aerocolours.com
Contact: Mr. James F. Spellmire, President
AERO COLOURS is an exclusive mobile automotive paint repair process, providing
service to dealerships, fleet operations and individual
vehicle owners. Our solid support system, complemented
by our industry-leading training, allows our franchisees
to provide unmatched service. We will show you how
to operate, market and grow your own business.
Franchisor Background
Established: 1985
First Franchise: 1993
Franchise Units: 214
Company-Owned Units: 8
Total Units: 222
Distribution:
> North America -- Operations in 28 States
> States/Provinces with Greatest Density: 55 in CA,
24 in TX, 14 in FL
Units Owned by Minorities:
>African-American: 0
>Hispanic: 3
>Asian-American: 1
>Native American: 3
>Other: 13
Average Number of Employees: 4-5 FT (FT = Full Time, PT = Part Time)
Space Needs: 1,800 SF; Warehouse (Optional)
(for abbreviations click here)
Financial Requirements
Cash Investment: $15.5-16.5K
Total Investment: $66.5-175.5K
Average Total Investment: $68K
Minimum Net Worth: $100K
Fees
>Franchise: $25-125K
>Average Franchise Fee: $75K
>Royalty: 7%
>Advertising: 0%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10/10
Passive Ownership: Allowed
Area Development Agreements:No
Sub-Franchising Contracts: Yes
Expand In Territory:Yes
Franchisor Support and Training Provided
Site Selection Assistance:Yes
Lease Negotiation Assistance: Yes
Cooperative Advertising: No
Franchisee Assoc. / Member: Yes/Yes
Size Of Corporate Staff: 6
On-Going Support: A,B,C,D,E,G,H,I (for an explanation click here)
Training: 10 Days Minneapolis, MN; 10 Days Territory.
Specific Minority Program(s) in Place: Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.
Franchisor's Specific Expansion Plans
U.S.: All United States
Note: NR = No Response by Franchisor.
For a sample questionnaire click here.
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