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ColorTyme

Franchise

ColorTyme is the nation's oldest rental-purchase franchise company, specializing in electronics, furniture, appliances and computers. ColorTyme franchised stores provide the best selection of name brand home furnishings, appliances, computers and electronics to buy, rent or lease to own. Products are typically delivered and set-up with no hassles and no down payment. Customers are able to lease living room furniture, bedroom furniture, big screen televisions and more.

Facts & Figures

Liquid capital required
$130,000
Net worth required
$350,000
Investment
$151,000 - $264,000
Franchise fee
$25,000
Units in operation
215

Overview

You'll need $130,000 in liquid capital to open a ColorTyme. ColorTyme expects new franchisees to have a net worth of at least $350,000. $151,000 is the minimum that someone opening a location should expect to invest. The most you would expect to invest in a ColorTyme location is $264,000. New franchisees can expect to pay a $25,000 franchise fee for the rights to open their own location. In total, there are 215 units of this franchise open today.

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