Start-Up Costs and Fees |
||
| Koala Insulation | The Closet Factory | |
| Investment | 119926 - 159342 | 208500 - 356000 |
| Franchise Fee | 0 | |
| Royalty Fee | 5.75% | |
| Advertising Fee | ||
| Year Founded | 2020 | 1983 |
| Year Franchised | 2020 | 1986 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Koala Insulation | The Closet Factory | |
| Experience | General business experience Marketing skills People skills | |
Financing Options |
||
| Koala Insulation | The Closet Factory | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Koala Insulation | The Closet Factory | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | |
| Operations | International franchisees required to buy multiple units/master licenses; 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Koala Insulation | The Closet Factory | |
| 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 |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Koala Insulation | |
| The Closet Factory | |
| Franchise Fee | |
| Koala Insulation | |
| The Closet Factory | |
| Royalty Fee | |
| Koala Insulation | |
| The Closet Factory | 5.75% |
| Advertising Fee | |
| Koala Insulation | |
| The Closet Factory | |
| Year Founded | |
| Koala Insulation | 2020 |
| The Closet Factory | 1983 |
| Year Franchised | |
| Koala Insulation | 2020 |
| The Closet Factory | 1986 |
| Term Of Agreement | |
| Koala Insulation | |
| The Closet Factory | 5 years |
| Renewal Fee | |
| Koala Insulation | |
| The Closet Factory | $7K |
Business Experience Requirements |
|
| Experience | |
| Koala Insulation | |
| The Closet Factory | General business experience Marketing skills People skills |
Financing Options |
|
| Franchise Fees | |
| Koala Insulation | |
| The Closet Factory | |
| Start-up Costs | |
| Koala Insulation | |
| The Closet Factory | |
| Equipment | |
| Koala Insulation} | |
| The Closet Factory | |
| Inventory | |
| Koala Insulation | |
| The Closet Factory | |
| Receivables | |
| Koala Insulation | |
| The Closet Factory | |
| Payroll | |
| Koala Insulation | |
| The Closet Factory | |
Training & Support |
|
| Training | |
| Koala Insulation | |
| The Closet Factory | |
| Support | |
| Koala Insulation | |
| The Closet Factory | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Koala Insulation | |
| The Closet Factory | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| Koala Insulation | |
| The Closet Factory | International franchisees required to buy multiple units/master licenses; 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Koala Insulation | 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 |
| The Closet Factory | |
| Canada Expansion | |
| Koala Insulation | |
| The Closet Factory | |
| International Expansion | |
| Koala Insulation | |
| The Closet Factory | |