February 08, 2011 // Franchising.com // PLANO, Texas – Success is no stranger to Mark and Tracy Childers, ColorTyme multi-unit franchisees and owners of Right Now Mgmt, Inc. For the second time in three years, the couple finished in the number one spot on ColorTyme's highly contested Top 10 franchise ranking.
A ranking system that is difficult to enter into, ColorTyme's Top 10 measures a franchisee's ability to grow high volume stores, increase same store revenues and generate revenues from new stores. In 2010, Right Now Mgmt led ColorTyme in new store revenues, was second in total mature store growth, and ranked among the top 10 in both average store revenue and total mature store revenue growth. This outstanding performance placed them in the number one spot in the ColorTyme Top 10 for 2010.
Tracy Childers accepted the award at the recent ColorTyme National Convention, while Mark was in Wasilla, Alaska to help with the grand re-opening of a relocated store. Mark credits 2010's success to the dedication of his Right Now Mgmt co-workers.
"We have the best team in the world! I'm proud of everyone for working hard, refusing to quit and getting us to the top," he said. "Our staff pays close attention to the criteria ColorTyme measures, and they stay focused on climbing the rankings. They are motivated and get excited when the new standings are printed each month. They posted our best fourth quarter ever and deserve to be recognized for taking the top spot with their strong finish."
Mark and Tracy and their Right Now Mgmt team have reached several high points since branching out with their own ColorTyme stores in 2005. In 2006, they were named New Franchisee of the Year, and they were ranked number one in the ColorTyme Top 10 in 2008. Their greatest recognition also occurred in 2008 when they received ColorTyme's highest honor, the Eagle Award, and were named Franchisee of the Year.
Currently in their 5th year of business, Right Now Mgmt recently moved up from being ColorTyme's 5th largest volume franchisee in 2009 to the 4th largest in 2010. The company owns three franchises in Alaska and two in the state of Washington. Each store has won significant awards over the years including a New Store Growth award for the Pasco, Wash. location.
In addition to consistent achievements in the top tier of financial performance, Mark Childers demonstrates leadership by serving as Chairman of the ColorTyme Franchise Advisory Council.
"It's an honor and a privilege to be part of the Franchise Advisory Council," said Mark. "My goal is to do everything I can to protect the ColorTyme name and uphold the franchise system I've been a part of continuously since 1985."
The Right Now Mgmt team is highly active in the community and a large supporter of local charities. Every year, the company makes several contributions to non-profits including Kids Across America, the Boys and Girls Club, rehab centers, women and children centers, 4-H groups and hospitals.
"We need to do everything we can to help those who may need a little extra guidance and support," said Mark. "It's important to us that our customers, local residents and businesses know they can count on us for anything."
ColorTyme, Inc., founded in 1979, is America's oldest franchisor of independently owned-and-operated rent-to-own stores. ColorTyme franchisees operate 190 rent-to-own stores in 33 states, and the company's custom-wheels-and-tires franchise brand, RimTyme, operates 20 stores in 11 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).