Start-Up Costs and Fees |
||
| The Closet Factory | Allkare Restoration Services | |
| Investment | 208500 - 356000 | 46500 - 999999 |
| Franchise Fee | 0 | |
| Royalty Fee | 5.75% | 8% |
| Advertising Fee | 3% | |
| Year Founded | 1983 | 0 |
| Year Franchised | 1986 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| The Closet Factory | Allkare Restoration Services | |
| Experience | General business experience Marketing skills People skills | Ideally you need: energy; ability to get on with different types of people; desire to run your own business; happy to put in the hours; interest in the services we provide. Most of our franchisees are either people coming from management looking for an opportunity or have a background in building and want to develop a business. |
Financing Options |
||
| The Closet Factory | Allkare Restoration Services | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| The Closet Factory | Allkare Restoration Services | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Ongoing support is available from a dedicated team at our head office who can be contacted by telephone or email during normal office hours. |
| 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) | From experience, for your franchise to be a success you will need to commit all of your time to the business and any distraction from this could damage your prospects. We would not allow another competing business to be run along side the Allkare brand. |
Expansion Plans |
||
| The Closet Factory | Allkare Restoration Services | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| The Closet Factory | |
| Allkare Restoration Services | |
| Franchise Fee | |
| The Closet Factory | |
| Allkare Restoration Services | |
| Royalty Fee | |
| The Closet Factory | 5.75% |
| Allkare Restoration Services | 8% |
| Advertising Fee | |
| The Closet Factory | |
| Allkare Restoration Services | 3% |
| Year Founded | |
| The Closet Factory | 1983 |
| Allkare Restoration Services | 0 |
| Year Franchised | |
| The Closet Factory | 1986 |
| Allkare Restoration Services | 0 |
| Term Of Agreement | |
| The Closet Factory | 5 years |
| Allkare Restoration Services | |
| Renewal Fee | |
| The Closet Factory | $7K |
| Allkare Restoration Services | |
Business Experience Requirements |
|
| Experience | |
| The Closet Factory | General business experience Marketing skills People skills |
| Allkare Restoration Services | Ideally you need: energy; ability to get on with different types of people; desire to run your own business; happy to put in the hours; interest in the services we provide. Most of our franchisees are either people coming from management looking for an opportunity or have a background in building and want to develop a business. |
Financing Options |
|
| Franchise Fees | |
| The Closet Factory | No |
| Allkare Restoration Services | No |
| Start-up Costs | |
| The Closet Factory | |
| Allkare Restoration Services | |
| Equipment | |
| The Closet Factory} | |
| Allkare Restoration Services | |
| Inventory | |
| The Closet Factory | |
| Allkare Restoration Services | |
| Receivables | |
| The Closet Factory | |
| Allkare Restoration Services | |
| Payroll | |
| The Closet Factory | |
| Allkare Restoration Services | |
Training & Support |
|
| Training | |
| The Closet Factory | |
| Allkare Restoration Services | |
| Support | |
| The Closet Factory | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Allkare Restoration Services | Ongoing support is available from a dedicated team at our head office who can be contacted by telephone or email during normal office hours. |
| Marketing | |
| The Closet Factory | Co-op advertising, Ad slicks, National media, Regional advertising |
| Allkare Restoration Services | |
| Operations | |
| 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) |
| Allkare Restoration Services | From experience, for your franchise to be a success you will need to commit all of your time to the business and any distraction from this could damage your prospects. We would not allow another competing business to be run along side the Allkare brand. |
Expansion Plans |
|
| US Expansion | |
| The Closet Factory | |
| Allkare Restoration Services | |
| Canada Expansion | |
| The Closet Factory | |
| Allkare Restoration Services | |
| International Expansion | |
| The Closet Factory | |
| Allkare Restoration Services | |