Start-Up Costs and Fees |
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| Closet Factory | More Space Place | |
| Investment | 208500 - 356000 | 102800 - 185100 |
| Franchise Fee | ||
| Royalty Fee | 6.75% | 5% |
| Advertising Fee | ||
| Year Founded | 1983 | 0 |
| Year Franchised | 1985 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
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| Closet Factory | More Space Place | |
| Experience | You are not required to have closet industry experience or even know how to use a hammer. Experience managing a business successfully or having a background in sales, management or marketing can be helpful. Closet Factory requires that the franchisee participate in the day-to-day management of the business; this is not an absentee ownership business. | |
Financing Options |
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| Closet Factory | More Space Place | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Closet Factory | More Space Place | |
| Training | Closet Factory provides you with a total of six weeks of training for you and your staff. Two weeks of franchisee training are provided at our corporate offices. During the grand opening of your location, our sales trainer will provide you and your staff with two weeks of on-site sales, design, and administrative training. In addition, our operations trainer will spend two weeks guiding the setup of your factory and training you and your operations staff basic in manufacturing and installation. You will be provided our entire library of training materials and have access to additional resources designed to enhance the performance of the business, including ClosetWare, our proprietary master control software that is used to run each element of a Closet Factory business. On-The-Job Training: 160 hours Classroom Training: 80 hours | |
| Support | Our corporate staff guides and assists you as you need it. Our in-house graphics department advertising campaigns maintain the Closet Factory brand image. Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 6 | |
Expansion Plans |
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| Closet Factory | More Space Place | |
| 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 | Canada, Mexico, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Closet Factory | |
| More Space Place | |
| Franchise Fee | |
| Closet Factory | |
| More Space Place | |
| Royalty Fee | |
| Closet Factory | 6.75% |
| More Space Place | 5% |
| Advertising Fee | |
| Closet Factory | |
| More Space Place | |
| Year Founded | |
| Closet Factory | 1983 |
| More Space Place | 0 |
| Year Franchised | |
| Closet Factory | 1985 |
| More Space Place | 0 |
| Term Of Agreement | |
| Closet Factory | |
| More Space Place | 10 years |
| Renewal Fee | |
| Closet Factory | |
| More Space Place | Lesser of initial, current fee |
Business Experience Requirements |
|
| Experience | |
| Closet Factory | You are not required to have closet industry experience or even know how to use a hammer. Experience managing a business successfully or having a background in sales, management or marketing can be helpful. Closet Factory requires that the franchisee participate in the day-to-day management of the business; this is not an absentee ownership business. |
| More Space Place | |
Financing Options |
|
| Franchise Fees | |
| Closet Factory | |
| More Space Place | |
| Start-up Costs | |
| Closet Factory | |
| More Space Place | |
| Equipment | |
| Closet Factory} | |
| More Space Place | |
| Inventory | |
| Closet Factory | |
| More Space Place | |
| Receivables | |
| Closet Factory | |
| More Space Place | |
| Payroll | |
| Closet Factory | |
| More Space Place | |
Training & Support |
|
| Training | |
| Closet Factory | Closet Factory provides you with a total of six weeks of training for you and your staff. Two weeks of franchisee training are provided at our corporate offices. During the grand opening of your location, our sales trainer will provide you and your staff with two weeks of on-site sales, design, and administrative training. In addition, our operations trainer will spend two weeks guiding the setup of your factory and training you and your operations staff basic in manufacturing and installation. You will be provided our entire library of training materials and have access to additional resources designed to enhance the performance of the business, including ClosetWare, our proprietary master control software that is used to run each element of a Closet Factory business. On-The-Job Training: 160 hours Classroom Training: 80 hours |
| More Space Place | |
| Support | |
| Closet Factory | Our corporate staff guides and assists you as you need it. Our in-house graphics department advertising campaigns maintain the Closet Factory brand image. Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| More Space Place | |
| Marketing | |
| Closet Factory | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| More Space Place | |
| Operations | |
| Closet Factory | Absentee Ownership Allowed Number of Employees Required to Run: 6 |
| More Space Place | |
Expansion Plans |
|
| US Expansion | |
| Closet Factory | |
| More Space Place | 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 | |
| Closet Factory | |
| More Space Place | |
| International Expansion | |
| Closet Factory | |
| More Space Place | Canada, Mexico, |