ColorTyme presented
its highest annual honor, the Eagle Award, to Gary Hughes, the
majority partner in several franchise ventures (informally, the
Hughes Group), at the conclusion of its 2010 National Convention
in Frisco, Texas. This was Hughes' fifth Eagle Award - he last
won in 2005 (see
story).
ColorTyme recognized franchisees with more than 115 awards
over the span of the two-day Convention.
Related: New video interviews from the 2010 ColorTyme
National Convention Bob
Bloom - President and CEO Jim
Deering - Director of Franchise Development
Bruce Emory - ColorTyme Franchisee
Shawn Dileo - ColorTyme Franchisee
Steve Dwyer - New Franchisee of the Year for 2009
The Hughes Group was recognized for the Eagle Award with an
impressive resume. Franchisee of 12 ColorTyme stores, Hughes has
consistently ranked in the top tier of financial performance and
demonstrates leadership by serving on the company's Franchise
Advisory Council. In the community, Gary Hughes and his team are
major sponsors for local organizations and annually helps send
300 "ColorTyme Kids" to the Boys and Girls Club summer camp. In
addition to receiving the Eagle Award this year, the Hughes
Group held the number one spot in ColorTyme's "Top 10" franchise
category for 2009.
"Big 5" members were also announced, giving recognition to
those who strived to build a multi-store business. With 40
ColorTyme locations throughout Texas and New Mexico and the
highest total annual revenue for all franchised stores, the
number one ranking in the "Big 5" was presented to Owner Mike
Harwood and President Chris Higgs of TLH Enterprises.
RTO Online exclusive
video interview with ColorTyme New Franchisee of the
year Steve Dwyer.
In another category,
Steve Dwyer was named ColorTyme's New
Franchisee of the Year. See RTO Online's video interview with
Steve at right. Dwyer, who had no prior rent-to-own experience,
opened his store in Waterbury, Conn. in August 2008. Despite
being new to the industry, Dwyer achieved outstanding revenue in
the first year of operation and was also recognized by ColorTyme
as a "Silver Club" member for 2009. In addition to a strong
revenue showing, Dwyer's community and industry involvement
shows how he encompasses the corporate motto of "People Helping
People".
The two-day National Convention featured keynote and seminar
speakers Kelly McDonald and Steve Bryant, roundtable discussions
with franchise owners and store managers, a legislative update,
and the always popular State of the Industry Address from
Mitch Fadel, president and COO of Rent-A-Center.
About ColorTyme
ColorTyme, Inc., founded in 1979, is America's oldest franchisor
of independently owned-and-operated rent-to-own stores.
ColorTyme franchisees operate 195 rent-to-own stores in 33
states, and the company's custom-wheels-and-tires franchise
brand, RimTyme, operates 24 stores in 12 states. ColorTyme is
headquartered in Plano, Texas, and is an independent, wholly
owned subsidiary of the largest RTO company in the world,
Rent-A-Center (NASDAQ: RCII).
RTO Online is the official channel for Rent-to-Own Industry News and the
only independent source of news for the rent-to-own, rental-purchase,
lease-purchase trade. RTO Online (Rent to Own Online) represents the choice
of the entire RTO Industry for trusted information, as it happens.
Franchisee of 12 ColorTyme stores, Hughes has
consistently ranked in the top tier of financial performance.
