94    Business View - December 2015
        
        
          decided to buy Color Me Mine, from Koo Koo Roo, him-
        
        
          self, in 1995, and a few years later, he began franchising
        
        
          stores in earnest. “As soon as an owner who was involved
        
        
          in the schools, involved in the community got involved in
        
        
          the business, the sales turned around – instantly,” he
        
        
          states. “And we’ve never looked back. We’ve been a pure
        
        
          franchise company for the last 17 years.” (Pure franchis-
        
        
          ing provides franchisees with a complete business format
        
        
          including license for a trade name, the product or service
        
        
          to be marketed, the physical plant, methods of operation,
        
        
          a marketing strategy plan, a quality control process, and
        
        
          so on.)
        
        
          Mooslin discovered another significant facet of the Color
        
        
          Me Mine model a decade or so into his ownership of the
        
        
          business. “When the recession hit, we were worried,” he
        
        
          admits. “We’re a high ticket item. But an interesting thing
        
        
          happened: sales started climbing. I tried to figure out why
        
        
          and I realized that during the recession years, families
        
        
          weren’t traveling. They were doing ‘staycations.’ They were
        
        
          looking for entertainment close to home. And so, we were
        
        
          recipients of people who would have travelled for their en-
        
        
          tertainment, but were now looking for entertainment in
        
        
          their communities.
        
        
          The down side for his business during that same time was
        
        
          that the banks weren’t lending, so his franchise leads be-
        
        
          gan drying up. However, Mooslin also noticed that many
        
        
          stores were closing and that shopping centers were losing
        
        
          tenants. He decided the time was right to get some financ-
        
        
          ing together which would allow him to start building some
        
        
          company stores at reduced rent prices in those now-emp-
        
        
          ty venues. “We’ll get them running, then we’ll re-sell them
        
        
          as franchises,” he remembers thinking. “This worked so
        
        
          well, that we continue to do it, today,” he adds. “So, we
        
        
          always keep an inventory of company stores that are all
        
        
          available for sale. And every year, it’s a different mix of six
        
        
          to eight stores. So, we have two ways of franchising – one
        
        
          is to sell a pure franchise, or someone can buy one of our
        
        
          company stores that’s already going. And that has been a
        
        
          tremendous way to keep our growth going.”
        
        
          Color Me Mine has maintained a steady opening rate of
        
        
          about ten to twelve stores a year for the last 15 years,
        
        
          even though the company does no advertising to solicit its
        
        
          franchisees - all store sales come from word-of-mouth or
        
        
          from people visiting a store. “Our target customer is also
        
        
          our target franchisee,” Mooslin says. “They come in, they
        
        
          fall in love with it and they say ‘I have to have one of these
        
        
          FRANCHISE