Start-Up Costs and Fees |
||
| Basement Living Systems USA | Closet & Storage Concepts | |
| Investment | 190000 - 320000 | 96500 - 499000 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% | 5% |
| Advertising Fee | 1% | |
| Year Founded | 1953 | 1987 |
| Year Franchised | 2008 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Basement Living Systems USA | Closet & Storage Concepts | |
| Experience | Senior or mid- manager business experience, remodeling, or construction (home building or commercial) experience. | General business experience Marketing skills Strong sales background a plus |
Financing Options |
||
| Basement Living Systems USA | Closet & Storage Concepts | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Basement Living Systems USA | Closet & Storage Concepts | |
| Training | Initial one week orientation and ongoing | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Marketing materials are created and available | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 - 12 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Basement Living Systems USA | Closet & Storage Concepts | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion | Canada, Mexico, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Basement Living Systems USA | |
| Closet & Storage Concepts | |
| Franchise Fee | |
| Basement Living Systems USA | |
| Closet & Storage Concepts | |
| Royalty Fee | |
| Basement Living Systems USA | 4% |
| Closet & Storage Concepts | 5% |
| Advertising Fee | |
| Basement Living Systems USA | 1% |
| Closet & Storage Concepts | |
| Year Founded | |
| Basement Living Systems USA | 1953 |
| Closet & Storage Concepts | 1987 |
| Year Franchised | |
| Basement Living Systems USA | 2008 |
| Closet & Storage Concepts | 2000 |
| Term Of Agreement | |
| Basement Living Systems USA | 5 years +5+5+5 |
| Closet & Storage Concepts | 10 years |
| Renewal Fee | |
| Basement Living Systems USA | $5,000 |
| Closet & Storage Concepts | Lesser of initial, current fee |
Business Experience Requirements |
|
| Experience | |
| Basement Living Systems USA | Senior or mid- manager business experience, remodeling, or construction (home building or commercial) experience. |
| Closet & Storage Concepts | General business experience Marketing skills Strong sales background a plus |
Financing Options |
|
| Franchise Fees | |
| Basement Living Systems USA | No |
| Closet & Storage Concepts | No |
| Start-up Costs | |
| Basement Living Systems USA | |
| Closet & Storage Concepts | |
| Equipment | |
| Basement Living Systems USA} | |
| Closet & Storage Concepts | |
| Inventory | |
| Basement Living Systems USA | |
| Closet & Storage Concepts | |
| Receivables | |
| Basement Living Systems USA | |
| Closet & Storage Concepts | |
| Payroll | |
| Basement Living Systems USA | |
| Closet & Storage Concepts | |
Training & Support |
|
| Training | |
| Basement Living Systems USA | Initial one week orientation and ongoing |
| Closet & Storage Concepts | |
| Support | |
| Basement Living Systems USA | |
| Closet & Storage Concepts | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Basement Living Systems USA | Marketing materials are created and available |
| Closet & Storage Concepts | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| Basement Living Systems USA | |
| Closet & Storage Concepts | 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 - 12 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Basement Living Systems USA | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Closet & Storage Concepts | |
| Canada Expansion | |
| Basement Living Systems USA | |
| Closet & Storage Concepts | |
| International Expansion | |
| Basement Living Systems USA | |
| Closet & Storage Concepts | Canada, Mexico, |