Start-Up Costs and Fees |
||
| Precision Door Service | The Closet Factory | |
| Investment | 71255 - 314955 | 208500 - 356000 |
| Franchise Fee | 0 | |
| Royalty Fee | $500/wk. to 6K/wk. | 5.75% |
| Advertising Fee | 3% | |
| Year Founded | 1997 | 1983 |
| Year Franchised | 1999 | 1986 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Precision Door Service | The Closet Factory | |
| Experience | General business experience Marketing skills People skills | |
Financing Options |
||
| Precision Door Service | The Closet Factory | |
| Franchise Fees | Yes | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Precision Door Service | The Closet Factory | |
| Training | On-The-Job Training: 80 hours Classroom Training: 40 hours | |
| Support | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | Number of Employees Required to Run: 3 - 6 | 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 |
||
| Precision Door Service | 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Precision Door Service | |
| The Closet Factory | |
| Franchise Fee | |
| Precision Door Service | |
| The Closet Factory | |
| Royalty Fee | |
| Precision Door Service | $500/wk. to 6K/wk. |
| The Closet Factory | 5.75% |
| Advertising Fee | |
| Precision Door Service | 3% |
| The Closet Factory | |
| Year Founded | |
| Precision Door Service | 1997 |
| The Closet Factory | 1983 |
| Year Franchised | |
| Precision Door Service | 1999 |
| The Closet Factory | 1986 |
| Term Of Agreement | |
| Precision Door Service | 10 years |
| The Closet Factory | 5 years |
| Renewal Fee | |
| Precision Door Service | |
| The Closet Factory | $7K |
Business Experience Requirements |
|
| Experience | |
| Precision Door Service | |
| The Closet Factory | General business experience Marketing skills People skills |
Financing Options |
|
| Franchise Fees | |
| Precision Door Service | Yes |
| The Closet Factory | Yes |
| Start-up Costs | |
| Precision Door Service | |
| The Closet Factory | |
| Equipment | |
| Precision Door Service} | |
| The Closet Factory | |
| Inventory | |
| Precision Door Service | |
| The Closet Factory | |
| Receivables | |
| Precision Door Service | |
| The Closet Factory | |
| Payroll | |
| Precision Door Service | |
| The Closet Factory | |
Training & Support |
|
| Training | |
| Precision Door Service | On-The-Job Training: 80 hours Classroom Training: 40 hours |
| The Closet Factory | |
| Support | |
| Precision Door Service | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| The Closet Factory | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Precision Door Service | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| The Closet Factory | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| Precision Door Service | Number of Employees Required to Run: 3 - 6 |
| 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 | |
| Precision Door Service | 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 | |
| Precision Door Service | 0 |
| The Closet Factory | |
| International Expansion | |
| Precision Door Service | |
| The Closet Factory | |