Rent-A-Center Franchising International, Inc. (formerly ColorTyme, Inc.) was incorporated in Texas on December 15, 1980. The company awards franchises for the operation of ColorTyme businesses providing a specialized inventory of rental…
Total Investment
$363K – $570K
Franchise Fee
$35,000
Royalty Rate
4-6% of Gross Rental Payments and Sales Gross Sales
Total Units
28
Franchising Since
1982
🌻About ColorTyme Franchise
Rent-A-Center Franchising International, Inc.
(formerly ColorTyme, Inc.) was incorporated in Texas on December 15, 1980.
The company awards franchises for the operation of ColorTyme businesses providing a specialized inventory of rental products, such as televisions, audio-video equipment, appliances, furniture, tires, jewelry and computers, to be offered to consumers under a rental purchase program.
💰ColorTyme Franchise Cost & Fees
Minimum Investment
$363K
Average Investment
$466K
Maximum Investment
$570K
Fee Type
Amount
Notes
Initial Franchise Fee
$35,000
One-time payment upon signing
Royalty Fee
4-6% of Gross Rental Payments and Sales of gross sales
Ongoing; paid monthly
Marketing/Ad Fund
Up to 3%, currently $525/month
National brand fund
Total Investment Range
$363,275 – $569,525
Includes build-out, inventory, working capital
The investment range of $363K–$570K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (4-6% of Gross Rental Payments and Sales) and marketing fee (Up to 3%, currently $525/month) are ongoing costs paid as a percentage of gross sales.
💵Additional Fees (Item 6)
Fee Type
Amount
Transfer Fee
$2,500
🎓Training Program (Item 11)
Detail
Information
Total Duration
6 days on-the-job plus 12-week follow-up
On-the-Job Training
36
Training Location
Your Rental Store
📍Territory Rights (Item 12)
Detail
Information
Territory Type
Protected Territory
Exclusive Territory
No
Territory Size
Minimum 1 mile radius
📄Renewal, Termination & Transfer (Item 17)
Detail
Information
Initial Term
5 years
Renewal Term
No right to renew
Transfer Fee
$2,500
Non-Compete Period
2 years
⚙Operations & Supply (Items 8 & 15)
Detail
Information
Owner-Operator Required
Yes
Required Suppliers
Must purchase inventory through Rent-A-Center Purchasing Portal
📊ColorTyme Franchise Earnings — Item 19
!
ColorTyme does not make an Item 19 financial performance representation in their FDD. This means they do not disclose revenue, profit, or earnings data for franchised locations. Before investing, ask the franchisor directly for franchisee contact information so you can speak with existing owners about their actual financial performance.
ColorTyme does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
⚖ColorTyme Litigation & Risk Flags
⚠
4 Pending Actions ListedReview the full FDD for details on pending litigation.
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
📈ColorTyme System Growth
Total Units
28
Franchised
28
Company-Owned
0
ColorTyme currently operates 28 franchised locations and 0 company-owned units. Unit count data is sourced from Item 20 of the FDD.
📅Unit History (Item 20)
Year
Opened
Closed
Total
2019
0
2
30
2020
0
1
29
2021
0
1
28
Transfers: 0 | Closures: 4
🇧State Registrations
Registered in 9 states: CA, IL, MD, MI, NY, ND, RI, VA, WA
💲Franchisor Financials (Item 21)
Revenue
$154.0M
❓ColorTyme Franchise — FAQ
The total investment to open a ColorTyme franchise ranges from $363,275 to $569,525, per their Franchise Disclosure Document. This includes the initial franchise fee of $35,000. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
ColorTyme charges a royalty fee of 4-6% of Gross Rental Payments and Sales of gross sales, plus a Up to 3%, currently $525/month contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the ColorTyme Franchise Disclosure Document free on this page. The FDD is a public document filed with state franchise registries. Always also request the current FDD directly from ColorTyme to ensure you have the most up-to-date version.
ColorTyme does not provide an Item 19 financial performance representation in their FDD, which means they do not disclose franchisee revenue or earnings data. Prospective investors should contact existing franchisees directly (listed in Item 20 of the FDD) to gather real-world financial performance information.
ColorTyme has been franchising since 1982. The FDD shows an investment range of $363,275-$569,525, a 4-6% of Gross Rental Payments and Sales royalty, and no Item 19 earnings disclosure. There are 4 pending litigation action(s). Review the full FDD and contact current franchisees listed in Item 20 before making any investment decision.
The franchise fee is $35,000 and the total investment ranges from $363,275 to $569,525 depending on location size and market. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.
Get free info on this franchise. We will send you a detailed FDD report by email.
Data Source & Disclaimer: This website is for informational purposes only. It is not an offer to sell or buy a franchise. This profile is based on publicly available FDD data sourced from state franchise registry filings. All information is for research purposes only and does not constitute legal, financial, or investment advice. Data may be outdated or contain errors. Always obtain the current FDD directly from ColorTyme and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with ColorTyme or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com
ColorTyme
Total Investment
$363K – $570K
💰 Costs & Fees
Franchise Fee$35,000
Royalty4-6% of Gross Rental Payments and Sales
Marketing FeeUp to 3%, currently $525/month
FinancingNot Available
🏢 System Overview
Total Units28
Franchising Since1982
Earnings Claim (Item 19)No
📄 Contract Terms
Initial Term5 years
Renewal TermNo right to renew
TerritoryProtected Territory
Owner-OperatorRequired
⚖️ Legal & Risk
Pending Litigation4 actions
Bankruptcy HistoryNone
Download the Full ColorTyme FDD
2024 · Public Registry Document
Free · No paywall · Instant FDD report
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