Start-Up Costs and Fees |
||
| Closet Factory | ShelfGenie | |
| Investment | 208500 - 356000 | 59600 - 109500 |
| Franchise Fee | ||
| Royalty Fee | 6.75% | 5% |
| Advertising Fee | 2% | |
| Year Founded | 1983 | 2000 |
| Year Franchised | 1985 | 2008 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Closet Factory | ShelfGenie | |
| 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 | ShelfGenie | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Closet Factory | ShelfGenie | |
| 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 | Classroom Training: 64 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 | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Email marketing |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 6 | Average Number of Employees: 0 Full-time, 4 Part-time Passive Ownership: Allowed, But Discouraged |
Expansion Plans |
||
| Closet Factory | ShelfGenie | |
| 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 | |
| ShelfGenie | |
| Franchise Fee | |
| Closet Factory | |
| ShelfGenie | |
| Royalty Fee | |
| Closet Factory | 6.75% |
| ShelfGenie | 5% |
| Advertising Fee | |
| Closet Factory | |
| ShelfGenie | 2% |
| Year Founded | |
| Closet Factory | 1983 |
| ShelfGenie | 2000 |
| Year Franchised | |
| Closet Factory | 1985 |
| ShelfGenie | 2008 |
| Term Of Agreement | |
| Closet Factory | |
| ShelfGenie | 5 years +5+5+5 |
| Renewal Fee | |
| Closet Factory | |
| ShelfGenie | |
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. |
| ShelfGenie | |
Financing Options |
|
| Franchise Fees | |
| Closet Factory | |
| ShelfGenie | |
| Start-up Costs | |
| Closet Factory | |
| ShelfGenie | |
| Equipment | |
| Closet Factory} | |
| ShelfGenie | |
| Inventory | |
| Closet Factory | |
| ShelfGenie | |
| Receivables | |
| Closet Factory | |
| ShelfGenie | |
| Payroll | |
| Closet Factory | |
| ShelfGenie | |
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 |
| ShelfGenie | Classroom Training: 64 hours |
| 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 |
| ShelfGenie | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software |
| Marketing | |
| Closet Factory | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| ShelfGenie | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Email marketing |
| Operations | |
| Closet Factory | Absentee Ownership Allowed Number of Employees Required to Run: 6 |
| ShelfGenie | Average Number of Employees: 0 Full-time, 4 Part-time Passive Ownership: Allowed, But Discouraged |
Expansion Plans |
|
| US Expansion | |
| Closet Factory | |
| ShelfGenie | 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 | |
| ShelfGenie | 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 | |
| ShelfGenie | |