Franchise Deep Dive: Color Me Mine's Franchise Costs, Fees, Profit and Data

With more than three decades of experience, Color Me Mine has become a standout franchise opportunity for those looking to introduce creativity to their communities.

By Jeff DwyerStaff Writer

Updated 8:08AM • 10/27/23

LAST UPDATED: September 19, 2023
FRANCHISE WEBSITE: https://colormeminefranchising.com/
NUMBER OF LOCATIONS: 120+
REPORTED COST TO GET IN: $183,450 to $268,700
REPORTED ROI (Item 19): N/A

Color Me Mine is a franchise brand of paint-your-own-pottery studios that provides individuals and groups with the studio space and supplies to paint and design their own ceramic-based works of art.

Founded in 1991, and since its inception, it has become both a leader in its category as well as the only international brand of its kind in the contemporary ceramics industry. Color Me Mine was officially acquired by Painting with a Twist in 2020 to form Twist Brands, which focuses on arts and crafts as an entertainment segment.

How Many Color Me Mine Locations Are There?

As of September 2023, there are more than 120 Color Me Mine franchise locations throughout the country.

What Is Color Me Mine’s Business Model?

Color Me Mine’s business model is centered around providing guests with a comfortable, non-judgmental place to be creative with ceramics. Each location is described as an “upscale” studio that offers unfinished ceramics and other craft media. Guests are guided through the painting process, and then their pieces are glazed and fired for later pick up. The brand offers its owners flexibility, as Color Me Mine can host a number of different events, including birthday parties, bridal showers, team-building activities, workshops and fundraisers either in the studio, at home or at school.

Color Me Mine is attractive to a wide net of entrepreneurs as it requires low startup capital, is fun to operate and difficult to compete against. Additionally, because the brand has national recognition, franchise owners can enjoy a lower cost of goods sold and lower studio operating expenses.

How Much Can Color Me Mine Franchise Owners Make?

Color Me Mine does not have a publicly available Item 19. To learn more, contact the team about reading the Franchise Disclosure Document (FDD), which will state the total earnings of any company or franchise-owned unit as a reference.

How Much Does It Cost to Open a Color Me Mine?

The initial investment necessary to open a Color Me Mine franchise ranges from $183,450 to $268,700. This investment is broken down into the following costs:

Reservation and Franchise Fee: $30,000
Rent and Deposit: $4,500 to $10,000
Tenant Improvements: $24,250 to $50,000
Architect, Electrical and Permit Fees: $3,000 to $8,500
Furniture, Fixtures and Equipment: $65,000 to $84,000
Computers, Communications and Digital Marketing Systems: $6,500 to $7,100
Exterior Signage: $4,500 to $9,000
Sales Tax, Shipping and Handling: $6,000 to $10,000
Initial Inventory and Supplies: $12,000 to $18,000
Grand Opening Marketing and Advertising: $3,500
Accounting Setup Fee: $300 to $500
Credit Card and Gift Card Processor: $700
Insurance and Sales Tax Deposits: $500 to $2,500
Organizational Expenses: $1,700 to $2,500
Incidental Costs Incurred During Training: $1,000 to $2,400
Additional Funds (First Three Months): $20,000 to $30,000

What Is the Franchise Fee for Color Me Mine?

The franchise fee required to open a Color Me Mine franchise is $30K. Franchise owners must also pay an ongoing royalty rate of 5% of sales, as well as a contribution to the marketing materials development fund of 1% of sales.

Who’s On Color Me Mine’s Leadership Team?

Teresa Johnson – Co-Owner of Twist Brands, CEO of Color Me Mine
Todd Owen – Co-Owner of Twist Brands, CEO of Painting with a Twist, CEO Chesapeake Ceramics
Cathy Deano – Co-Owner of Twist Brands, Founder of Painting with a Twist
Dave Chmura – Co-Owner of Twist Brands, CEO of TD Art Supply
Sean Goodwin — Vice President of Operations
DeBow Padgett — Director of Marketing

What Helpful Articles Can I Read to Learn More About Color Me Mine?

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