Start-Up Costs and Fees |
||
| Garage Living | Closet & Storage Concepts | |
| Investment | 236750 - 313500 | 96500 - 499000 |
| Franchise Fee | 0 | |
| Royalty Fee | 6.50% | 5% |
| Advertising Fee | 6% Local + 2% Nat'l | |
| Year Founded | 0 | 1987 |
| Year Franchised | 0 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Garage Living | Closet & Storage Concepts | |
| Experience | Garage Living franchise owners are not required to have prior construction or remodeling industry experience, but it can be helpful to understand the basics of running a business like ours. In fact, we welcome the opportunity to open a dialogue with existing similar or complementary home improvement businesses who wish to add the Garage Living system to their current operations. In general, we are seeking franchise candidates who have good communications and customer service skills, a strong work ethic, and a dedication to the local community. A solid understanding of business management is also important, and sales skills are also helpful. We expect that franchise owners have adequate capital to invest in the business, and we also expect franchise owners to be directly involved in the daily operations of the franchise business. But regardless of your background, we will provide the training and tools you need to run your Garage Living franchise effectively. | General business experience Marketing skills Strong sales background a plus |
Financing Options |
||
| Garage Living | Closet & Storage Concepts | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Garage Living | Closet & Storage Concepts | |
| Training | Pre-Opening Training: including classroom and hands-on exercises, plus on-site training with a Garage Living representative at your location. | |
| Support | Ongoing Support: including updates, remote assistance, refresher training programs and business planning meetings. | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Marketing Assistance: including a professionally-developed library of project photographs (before and after), customizable marketing materials, online tools, and more. | 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 |
||
| Garage Living | Closet & Storage Concepts | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion | Canada, Mexico, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Garage Living | |
| Closet & Storage Concepts | |
| Franchise Fee | |
| Garage Living | |
| Closet & Storage Concepts | |
| Royalty Fee | |
| Garage Living | 6.50% |
| Closet & Storage Concepts | 5% |
| Advertising Fee | |
| Garage Living | 6% Local + 2% Nat'l |
| Closet & Storage Concepts | |
| Year Founded | |
| Garage Living | 0 |
| Closet & Storage Concepts | 1987 |
| Year Franchised | |
| Garage Living | 0 |
| Closet & Storage Concepts | 2000 |
| Term Of Agreement | |
| Garage Living | 5 years +5+5+5 |
| Closet & Storage Concepts | 10 years |
| Renewal Fee | |
| Garage Living | |
| Closet & Storage Concepts | Lesser of initial, current fee |
Business Experience Requirements |
|
| Experience | |
| Garage Living | Garage Living franchise owners are not required to have prior construction or remodeling industry experience, but it can be helpful to understand the basics of running a business like ours. In fact, we welcome the opportunity to open a dialogue with existing similar or complementary home improvement businesses who wish to add the Garage Living system to their current operations. In general, we are seeking franchise candidates who have good communications and customer service skills, a strong work ethic, and a dedication to the local community. A solid understanding of business management is also important, and sales skills are also helpful. We expect that franchise owners have adequate capital to invest in the business, and we also expect franchise owners to be directly involved in the daily operations of the franchise business. But regardless of your background, we will provide the training and tools you need to run your Garage Living franchise effectively. |
| Closet & Storage Concepts | General business experience Marketing skills Strong sales background a plus |
Financing Options |
|
| Franchise Fees | |
| Garage Living | |
| Closet & Storage Concepts | |
| Start-up Costs | |
| Garage Living | |
| Closet & Storage Concepts | |
| Equipment | |
| Garage Living} | |
| Closet & Storage Concepts | |
| Inventory | |
| Garage Living | |
| Closet & Storage Concepts | |
| Receivables | |
| Garage Living | |
| Closet & Storage Concepts | |
| Payroll | |
| Garage Living | |
| Closet & Storage Concepts | |
Training & Support |
|
| Training | |
| Garage Living | Pre-Opening Training: including classroom and hands-on exercises, plus on-site training with a Garage Living representative at your location. |
| Closet & Storage Concepts | |
| Support | |
| Garage Living | Ongoing Support: including updates, remote assistance, refresher training programs and business planning meetings. |
| Closet & Storage Concepts | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Garage Living | Marketing Assistance: including a professionally-developed library of project photographs (before and after), customizable marketing materials, online tools, and more. |
| Closet & Storage Concepts | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| Garage Living | |
| 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 | |
| Garage Living | |
| Closet & Storage Concepts | |
| Canada Expansion | |
| Garage Living | |
| Closet & Storage Concepts | |
| International Expansion | |
| Garage Living | |
| Closet & Storage Concepts | Canada, Mexico, |