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LAST UPDATED: September 19, 2023 FRANCHISE WEBSITE:&nbsp;<a href="https://colormeminefranchising.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-color-me-mines-franchise-costs-fees-profit-and-data-2723687" target="_blank" rel="nofollow">https://colormeminefranchising.com/</a> NUMBER OF LOCATIONS:&nbsp;120+ REPORTED COST TO GET IN:&nbsp;$183,450 to $268,700 REPORTED ROI (Item 19):&nbsp;N/A<a href="https://colormeminefranchising.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-color-me-mines-franchise-costs-fees-profit-and-data-2723687" target="_blank" rel="nofollow">Color Me Mine</a> 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.&nbsp;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&nbsp;<a href="https://www.paintingwithatwist.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-color-me-mines-franchise-costs-fees-profit-and-data-2723687" target="_blank" rel="nofollow">Painting with a Twist</a> in 2020 to form Twist Brands, which focuses on arts and crafts as an entertainment segment.&nbsp;<figure class="media"><div data-oembed-url="https://www.youtube.com/watch?v=fjvrUYmt0eg"><div class="iframely-embed"><div class="iframely-responsive"><iframe src="//cdn.iframe.ly/api/iframe?app=1&amp;api_key=fd3b6b3731f34f55ba1fe3&amp;url=https%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3DfjvrUYmt0eg" frameborder="0" allow="autoplay; encrypted-media" allowfullscreen=""></iframe></div></div></div></figure><h2>How Many&nbsp;Color Me Mine Locations Are There?</h2>As of September 2023, there are more than 120 Color Me Mine franchise locations throughout the country.&nbsp;<h2>What Is&nbsp;Color Me Mine’s Business Model?</h2>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.&nbsp;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.&nbsp;<h2>How Much Can&nbsp;Color Me Mine Franchise Owners Make?</h2>Color Me Mine does not have a publicly available Item 19. To learn more,&nbsp;<a href="https://colormeminefranchising.com/franchise-inquiry/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-color-me-mines-franchise-costs-fees-profit-and-data-2723687" target="_blank" rel="nofollow">contact the team</a> about reading the Franchise Disclosure Document (FDD), which will state the total earnings of any company or franchise-owned unit as a reference.<h2>How Much Does It Cost to Open a&nbsp;Color Me Mine?</h2>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:<ul><li>Reservation and Franchise Fee: $30,000</li><li>Rent and Deposit: $4,500 to $10,000</li><li>Tenant Improvements: $24,250 to $50,000</li><li>Architect, Electrical and Permit Fees: $3,000 to $8,500</li><li>Furniture, Fixtures and Equipment: $65,000 to $84,000</li><li>Computers, Communications and Digital Marketing Systems: $6,500 to $7,100</li><li>Exterior Signage: $4,500 to $9,000</li><li>Sales Tax, Shipping and Handling: $6,000 to $10,000</li><li>Initial Inventory and Supplies: $12,000 to $18,000</li><li>Grand Opening Marketing and Advertising: $3,500&nbsp;</li><li>Accounting Setup Fee: $300 to $500</li><li>Credit Card and Gift Card Processor: $700</li><li>Insurance and Sales Tax Deposits: $500 to $2,500</li><li>Organizational Expenses: $1,700 to $2,500</li><li>Incidental Costs Incurred During Training: $1,000 to $2,400</li><li>Additional Funds (First Three Months): $20,000 to $30,000</li></ul><h2>What Is the Franchise Fee for&nbsp;Color Me Mine?</h2>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.&nbsp;<h2>Who’s On&nbsp;Color Me Mine’s Leadership Team?</h2><ul><li>Teresa Johnson – Co-Owner of Twist Brands, CEO of Color Me Mine</li><li><a href="https://www.linkedin.com/in/todd-owen-8b368520/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-color-me-mines-franchise-costs-fees-profit-and-data-2723687" target="_blank" rel="nofollow">Todd Owen – Co-Owner of Twist Brands, CEO of Painting with a Twist, CEO Chesapeake Ceramics</a></li><li><a href="https://www.linkedin.com/in/catherine-deano-22b84627/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-color-me-mines-franchise-costs-fees-profit-and-data-2723687" target="_blank" rel="nofollow">Cathy Deano – Co-Owner of Twist Brands, Founder of Painting with a Twist</a></li><li>Dave Chmura – Co-Owner of Twist Brands, CEO of TD Art Supply&nbsp;</li><li><a href="https://www.linkedin.com/in/seanpgoodwin/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-color-me-mines-franchise-costs-fees-profit-and-data-2723687" target="_blank" rel="nofollow">Sean Goodwin — Vice President of Operations</a></li><li><a href="https://www.linkedin.com/in/debow/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-color-me-mines-franchise-costs-fees-profit-and-data-2723687" target="_blank" rel="nofollow">DeBow Padgett — Director of Marketing&nbsp;</a></li></ul><h2>What Helpful Articles Can I Read to Learn More About&nbsp;Color Me Mine?</h2><ul><li><a href="https://www.franchisetimes.com/franchise_news/painting-with-a-twist-buys-color-me-mine-forms-twist-brands/article_d7a02708-2a91-11eb-849f-3f681e6ee950.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-color-me-mines-franchise-costs-fees-profit-and-data-2723687" target="_blank" rel="nofollow">Painting with a Twist Buys Color Me Mine, Forms Twist Brands</a></li><li><a href="https://www.firstcoastnews.com/video/entertainment/television/first-coast-living/relax-and-paint-at-color-me-mine/77-e17df248-1cfc-417e-b943-1f7682a3ecf6?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-color-me-mines-franchise-costs-fees-profit-and-data-2723687" target="_blank" rel="nofollow">Relax and paint at Color Me Mine</a>&nbsp;</li><li><a href="https://www.prnewswire.com/news-releases/painting-with-a-twists-parent-company-acquires-color-me-mine-and-chesapeake-ceramics-301168826.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-color-me-mines-franchise-costs-fees-profit-and-data-2723687" target="_blank" rel="nofollow">Painting with a Twist’s Parent Company Acquires Color Me Mine and Chesapeake Ceramics&nbsp;</a></li><li><a href="https://www.towntopics.com/wordpress/2020/06/17/color-me-mine-paint-your-own-pottery-is-now-open-for-in-studio-painting/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-color-me-mines-franchise-costs-fees-profit-and-data-2723687" target="_blank" rel="nofollow">Color Me Mine, Paint Your Own Pottery is Now Open For In-Studio Painting</a></li></ul>Disclaimer: This content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained on this site constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any franchises, securities, or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the franchise and/or securities laws of such jurisdiction. All content in this article is information of a general nature and does not address the detailed circumstances of any particular individual or entity. Nothing in the article constitutes professional and/or financial advice, nor does any information in the email constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content in this article before making any decisions based on such information or other content.&nbsp; &nbsp;

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

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

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