Closet Factory vs Neat Method Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Closet Factory vs Neat Method including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  Closet Factory Neat Method
Investment 208500 - 356000 8000 - 11000
Franchise Fee
Royalty Fee 6.75%
Advertising Fee
Year Founded 1983 2017
Year Franchised 1985 2017
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Closet Factory Neat Method
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

  Closet Factory Neat Method
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support

  Closet Factory Neat Method
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

  Closet Factory Neat Method
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
Closet Factory
Neat Method
Franchise Fee
Closet Factory
Neat Method
Royalty Fee
Closet Factory 6.75%
Neat Method
Advertising Fee
Closet Factory
Neat Method
Year Founded
Closet Factory 1983
Neat Method 2017
Year Franchised
Closet Factory 1985
Neat Method 2017
Term Of Agreement
Closet Factory
Neat Method
Renewal Fee
Closet Factory
Neat Method


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.
Neat Method

Financing Options

 
Franchise Fees
Closet Factory
Neat Method
Start-up Costs
Closet Factory
Neat Method
Equipment
Closet Factory}
Neat Method
Inventory
Closet Factory
Neat Method
Receivables
Closet Factory
Neat Method
Payroll
Closet Factory
Neat Method

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
Neat Method
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
Neat Method
Marketing
Closet Factory Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing
Neat Method
Operations
Closet Factory Absentee Ownership Allowed Number of Employees Required to Run: 6
Neat Method

Expansion Plans

US Expansion
Closet Factory
Neat Method 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
Neat Method Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory
International Expansion
Closet Factory
Neat Method