Start-Up Costs and Fees |
||
| The Closet Factory | Surface Experts | |
| Investment | 208500 - 356000 | 114450 - 203050 |
| Franchise Fee | 0 | |
| Royalty Fee | 5.75% | |
| Advertising Fee | ||
| Year Founded | 1983 | 2008 |
| Year Franchised | 1986 | 2018 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| The Closet Factory | Surface Experts | |
| Experience | General business experience Marketing skills People skills | |
Financing Options |
||
| The Closet Factory | Surface Experts | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| The Closet Factory | Surface Experts | |
| 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 |
||
| The Closet Factory | Surface Experts | |
| 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 | |
| The Closet Factory | |
| Surface Experts | |
| Franchise Fee | |
| The Closet Factory | |
| Surface Experts | |
| Royalty Fee | |
| The Closet Factory | 5.75% |
| Surface Experts | |
| Advertising Fee | |
| The Closet Factory | |
| Surface Experts | |
| Year Founded | |
| The Closet Factory | 1983 |
| Surface Experts | 2008 |
| Year Franchised | |
| The Closet Factory | 1986 |
| Surface Experts | 2018 |
| Term Of Agreement | |
| The Closet Factory | 5 years |
| Surface Experts | |
| Renewal Fee | |
| The Closet Factory | $7K |
| Surface Experts | |
Business Experience Requirements |
|
| Experience | |
| The Closet Factory | General business experience Marketing skills People skills |
| Surface Experts | |
Financing Options |
|
| Franchise Fees | |
| The Closet Factory | No |
| Surface Experts | No |
| Start-up Costs | |
| The Closet Factory | |
| Surface Experts | |
| Equipment | |
| The Closet Factory} | |
| Surface Experts | |
| Inventory | |
| The Closet Factory | |
| Surface Experts | |
| Receivables | |
| The Closet Factory | |
| Surface Experts | |
| Payroll | |
| The Closet Factory | |
| Surface Experts | |
Training & Support |
|
| Training | |
| The Closet Factory | |
| Surface Experts | |
| Support | |
| The Closet Factory | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Surface Experts | |
| Marketing | |
| The Closet Factory | Co-op advertising, Ad slicks, National media, Regional advertising |
| Surface Experts | |
| 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) |
| Surface Experts | |
Expansion Plans |
|
| US Expansion | |
| The Closet Factory | |
| Surface Experts | 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 | |
| The Closet Factory | |
| Surface Experts | |
| International Expansion | |
| The Closet Factory | |
| Surface Experts | |