Start-Up Costs and Fees |
||
| The Patch Boys | Closet & Storage Concepts | |
| Investment | 48900 - 75900 | 96500 - 499000 |
| Franchise Fee | 0 | |
| Royalty Fee | 7% | 5% |
| Advertising Fee | 2% | |
| Year Founded | 2008 | 1987 |
| Year Franchised | 2015 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| The Patch Boys | Closet & Storage Concepts | |
| Experience | *Strong Sales and Client Service Abilities *Good with Timing and Schedule Management *High Personal Standards *Able to Meet Initial Investment Requirements *Strong Sense of Integrity in Corporate and Client Relationships *A Willingness and Commitment to Excellent Service Targeted experiences for potential franchise owners include: *Franchise Operations or Retail Service Industry Experience *Business Owner and/or Managerial Experience *Husband and Wife entrepreneurial team who want to start a business | General business experience Marketing skills Strong sales background a plus |
Financing Options |
||
| The Patch Boys | Closet & Storage Concepts | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| The Patch Boys | Closet & Storage Concepts | |
| Training | We provide full training and support at our headquarters in NY ( takes 4-6 days) | |
| 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 | 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 - 12 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| The Patch Boys | Closet & Storage Concepts | |
| 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 | Canada, Mexico, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| The Patch Boys | |
| Closet & Storage Concepts | |
| Franchise Fee | |
| The Patch Boys | |
| Closet & Storage Concepts | |
| Royalty Fee | |
| The Patch Boys | 7% |
| Closet & Storage Concepts | 5% |
| Advertising Fee | |
| The Patch Boys | 2% |
| Closet & Storage Concepts | |
| Year Founded | |
| The Patch Boys | 2008 |
| Closet & Storage Concepts | 1987 |
| Year Franchised | |
| The Patch Boys | 2015 |
| Closet & Storage Concepts | 2000 |
| Term Of Agreement | |
| The Patch Boys | |
| Closet & Storage Concepts | 10 years |
| Renewal Fee | |
| The Patch Boys | |
| Closet & Storage Concepts | Lesser of initial, current fee |
Business Experience Requirements |
|
| Experience | |
| The Patch Boys | *Strong Sales and Client Service Abilities *Good with Timing and Schedule Management *High Personal Standards *Able to Meet Initial Investment Requirements *Strong Sense of Integrity in Corporate and Client Relationships *A Willingness and Commitment to Excellent Service Targeted experiences for potential franchise owners include: *Franchise Operations or Retail Service Industry Experience *Business Owner and/or Managerial Experience *Husband and Wife entrepreneurial team who want to start a business |
| Closet & Storage Concepts | General business experience Marketing skills Strong sales background a plus |
Financing Options |
|
| Franchise Fees | |
| The Patch Boys | No |
| Closet & Storage Concepts | No |
| Start-up Costs | |
| The Patch Boys | |
| Closet & Storage Concepts | |
| Equipment | |
| The Patch Boys} | |
| Closet & Storage Concepts | |
| Inventory | |
| The Patch Boys | |
| Closet & Storage Concepts | |
| Receivables | |
| The Patch Boys | |
| Closet & Storage Concepts | |
| Payroll | |
| The Patch Boys | |
| Closet & Storage Concepts | |
Training & Support |
|
| Training | |
| The Patch Boys | We provide full training and support at our headquarters in NY ( takes 4-6 days) |
| Closet & Storage Concepts | |
| Support | |
| The Patch Boys | |
| Closet & Storage Concepts | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| The Patch Boys | |
| Closet & Storage Concepts | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| The Patch Boys | |
| Closet & Storage Concepts | 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 - 12 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| The Patch Boys | 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 |
| Closet & Storage Concepts | |
| Canada Expansion | |
| The Patch Boys | 0 |
| Closet & Storage Concepts | |
| International Expansion | |
| The Patch Boys | |
| Closet & Storage Concepts | Canada, Mexico, |