Business View - December 2015    93
        
        
          Today, there are approximately 1,000 PYOP businesses in
        
        
          America, but Color Me Mine is the only multi-state chain
        
        
          with 150 stores. The brand controls about 15 percent of
        
        
          the market in store count, but takes in about 30 percent
        
        
          of total revenue because its stores do more than twice the
        
        
          volume of its independent, non-branded competitors. But
        
        
          perfecting the Color Me Mine’s successful business mod-
        
        
          el was something that Mooslin still had to figure out after
        
        
          his company, Koo Koo Roo Restaurants, bought Color Me
        
        
          Mine from Robin and Josh in 1994.
        
        
          Koo Koo Roo began building stores, in some cases as an
        
        
          adjunct to one of its restaurants, and in others, as stand-
        
        
          alone entities. “They opened fine,” Mooslin remembers,
        
        
          “and then we started watching the sales go down. We
        
        
          couldn’t figure it out. Everything we assumed about it was
        
        
          wrong. We didn’t understand what we bought.” Around the
        
        
          same time, Koo Koo Roo was planning to sell itself to an-
        
        
          other restaurant chain - one that didn’t want to take on the
        
        
          Color Me Mine part of the business. Mooslin was tasked
        
        
          with getting rid of it the company some other way.
        
        
          So he began to investigate why the stores weren’t clicking
        
        
          and what he came to realize was that this “perfect small
        
        
          franchise” was one that needed the intimate, community
        
        
          involvement of an owner. “It didn’t work in mixed use ar-
        
        
          eas; it didn’t work in discount areas; it didn’t work in big-
        
        
          box centers,” he explains. “It worked in suburbs; it worked
        
        
          in communities where there were families.” So Mooslin
        
        
          FRANCHISE