Start-Up Costs and Fees |
||
| Stone Age Coatings | The Closet Factory | |
| Investment | 60000 - 60000 | 208500 - 356000 |
| Franchise Fee | 0 | |
| Royalty Fee | 5.75% | |
| Advertising Fee | ||
| Year Founded | 2007 | 1983 |
| Year Franchised | 2009 | 1986 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Stone Age Coatings | The Closet Factory | |
| Experience | General business experience Marketing skills People skills | |
Financing Options |
||
| Stone Age Coatings | The Closet Factory | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Stone Age Coatings | The Closet Factory | |
| Training | Initial two weeks plus ongoing | |
| 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 |
||
| Stone Age Coatings | 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 | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Stone Age Coatings | |
| The Closet Factory | |
| Franchise Fee | |
| Stone Age Coatings | |
| The Closet Factory | |
| Royalty Fee | |
| Stone Age Coatings | |
| The Closet Factory | 5.75% |
| Advertising Fee | |
| Stone Age Coatings | |
| The Closet Factory | |
| Year Founded | |
| Stone Age Coatings | 2007 |
| The Closet Factory | 1983 |
| Year Franchised | |
| Stone Age Coatings | 2009 |
| The Closet Factory | 1986 |
| Term Of Agreement | |
| Stone Age Coatings | |
| The Closet Factory | 5 years |
| Renewal Fee | |
| Stone Age Coatings | |
| The Closet Factory | $7K |
Business Experience Requirements |
|
| Experience | |
| Stone Age Coatings | |
| The Closet Factory | General business experience Marketing skills People skills |
Financing Options |
|
| Franchise Fees | |
| Stone Age Coatings | |
| The Closet Factory | |
| Start-up Costs | |
| Stone Age Coatings | |
| The Closet Factory | |
| Equipment | |
| Stone Age Coatings} | |
| The Closet Factory | |
| Inventory | |
| Stone Age Coatings | |
| The Closet Factory | |
| Receivables | |
| Stone Age Coatings | |
| The Closet Factory | |
| Payroll | |
| Stone Age Coatings | |
| The Closet Factory | |
Training & Support |
|
| Training | |
| Stone Age Coatings | Initial two weeks plus ongoing |
| The Closet Factory | |
| Support | |
| Stone Age Coatings | |
| The Closet Factory | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Stone Age Coatings | |
| The Closet Factory | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| Stone Age Coatings | |
| 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 | |
| Stone Age Coatings | 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 | |
| Stone Age Coatings | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| The Closet Factory | |
| International Expansion | |
| Stone Age Coatings | |
| The Closet Factory | |