Diversified Consumer Services
Company Overview of ColorTyme, Inc.
ColorTyme, Inc. operates as a franchisor of independently owned-and-operated rent-to-own stores in the United States. It rents bedroom, dining room, and living room furniture; electronics, such as widescreen plasma, LCD, DLP projection televisions, and home audio equipment; computers; and appliances. The company was founded in 1979 and is based in Plano, Texas. ColorTyme, Inc. operates as a subsidiary of Rent-A-Center, Inc.
5000 Legacy Drive
Plano, TX 75024
Founded in 1979
Key Executives for ColorTyme, Inc.
Chief Executive Officer and President
Founder and Director of Purchasing
Vice President of Finance and Controller
Chief Operating Officer and Vice President
Compensation as of Fiscal Year 2014.
ColorTyme, Inc. Key Developments
ColorTyme Announces Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2013
Jul 22 13
ColorTyme announced unaudited earnings results for the second quarter and six months ended June 30, 2013. For the quarter, the company reported revenues of $9,236,000 against $9,382,000 a year ago. Operating profit was $542,000 against $478,000 a year ago.
For the six months, the company reported revenues of $19,453,000 against $21,369,000 a year ago. Operating profit was $1,245,000 against $1,196,000 a year ago.
ColorTyme, Inc. Reports Unaudited Earnings Results for the First Quarter Ended March 31, 2013
Apr 22 13
ColorTyme, Inc. reported unaudited earnings results for the first quarter ended March 31, 2013. For the period, the company reported revenue of $10.217 million compared to $11.987 million a year ago. Operating profit was $0.703 million compared to $0.718 million a year ago.
Rent-A-Center, Inc. to Franchise Canadian Stores Through ColorTyme, Inc.'s Subsidiary
Feb 4 13
ColorTyme, Inc. will be expanding its reach internationally for the first time when it begins the franchising of 18 Rent-A-Centre locations in Canada. The 18 stores, which will continue to carry the Rent-A-Centre name once franchised, are located in the provinces of Alberta, Manitoba and Ontario and include 4 locations in the Toronto metropolitan area. Rent-A-Centre will be looking for either one or several master franchisees to purchase the existing locations, with plans to develop additional stores throughout the country.
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