Start-Up Costs and Fees |
||
| Epcon Communities | Closet & Storage Concepts | |
| Investment | 887200 - 4569000 | 96500 - 499000 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 1% to 2% | 5% |
| Advertising Fee | $500/ month | |
| Year Founded | 1986 | 1987 |
| Year Franchised | 1995 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Epcon Communities | Closet & Storage Concepts | |
| Experience | General business experience Upper management experience | General business experience Marketing skills Strong sales background a plus |
Financing Options |
||
| Epcon Communities | 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 |
||
| Epcon Communities | Closet & Storage Concepts | |
| Training | Available at headquarters | |
| Support | Toll-free phone line, field consultants, Intranet, marketing, training | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Marketing plans, materials, field support | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | 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 |
||
| Epcon Communities | Closet & Storage Concepts | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion | Canada, | Canada, Mexico, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Epcon Communities | |
| Closet & Storage Concepts | |
| Franchise Fee | |
| Epcon Communities | |
| Closet & Storage Concepts | |
| Royalty Fee | |
| Epcon Communities | 1% to 2% |
| Closet & Storage Concepts | 5% |
| Advertising Fee | |
| Epcon Communities | $500/ month |
| Closet & Storage Concepts | |
| Year Founded | |
| Epcon Communities | 1986 |
| Closet & Storage Concepts | 1987 |
| Year Franchised | |
| Epcon Communities | 1995 |
| Closet & Storage Concepts | 2000 |
| Term Of Agreement | |
| Epcon Communities | Completion of 1 market area |
| Closet & Storage Concepts | 10 years |
| Renewal Fee | |
| Epcon Communities | $25,000 |
| Closet & Storage Concepts | Lesser of initial, current fee |
Business Experience Requirements |
|
| Experience | |
| Epcon Communities | General business experience Upper management experience |
| Closet & Storage Concepts | General business experience Marketing skills Strong sales background a plus |
Financing Options |
|
| Franchise Fees | |
| Epcon Communities | No |
| Closet & Storage Concepts | No |
| Start-up Costs | |
| Epcon Communities | |
| Closet & Storage Concepts | |
| Equipment | |
| Epcon Communities} | |
| Closet & Storage Concepts | |
| Inventory | |
| Epcon Communities | |
| Closet & Storage Concepts | |
| Receivables | |
| Epcon Communities | |
| Closet & Storage Concepts | |
| Payroll | |
| Epcon Communities | |
| Closet & Storage Concepts | |
Training & Support |
|
| Training | |
| Epcon Communities | Available at headquarters |
| Closet & Storage Concepts | |
| Support | |
| Epcon Communities | Toll-free phone line, field consultants, Intranet, marketing, training |
| Closet & Storage Concepts | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Epcon Communities | Marketing plans, materials, field support |
| Closet & Storage Concepts | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| Epcon Communities | Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| 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 | |
| Epcon Communities | |
| Closet & Storage Concepts | |
| Canada Expansion | |
| Epcon Communities | |
| Closet & Storage Concepts | |
| International Expansion | |
| Epcon Communities | Canada, |
| Closet & Storage Concepts | Canada, Mexico, |