Start-Up Costs and Fees |
||
| PERMA-DRY Systems | The Closet Factory | |
| Investment | 180000 - 999999 | 208500 - 356000 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 5.75% |
| Advertising Fee | ||
| Year Founded | 1980 | 1983 |
| Year Franchised | 1990 | 1986 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| PERMA-DRY Systems | The Closet Factory | |
| Experience | General business experience Marketing skills People skills | |
Financing Options |
||
| PERMA-DRY Systems | The Closet Factory | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| PERMA-DRY Systems | The Closet Factory | |
| Training | Headquarters in Dartmouth, NS 2 Weeks | |
| Support | Central Data Processing Field Operation Evaluation Field Training Franchisee Newsletter Regional or National Meetings 800 Telephone Hotline | 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 | Average Number of Employees: 1 Full-time, 1 Part-time Passive Ownership: Allowed, But Discouraged | 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 |
||
| PERMA-DRY Systems | The Closet Factory | |
| 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, United Kingdom |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| PERMA-DRY Systems | |
| The Closet Factory | |
| Franchise Fee | |
| PERMA-DRY Systems | |
| The Closet Factory | |
| Royalty Fee | |
| PERMA-DRY Systems | 5% |
| The Closet Factory | 5.75% |
| Advertising Fee | |
| PERMA-DRY Systems | |
| The Closet Factory | |
| Year Founded | |
| PERMA-DRY Systems | 1980 |
| The Closet Factory | 1983 |
| Year Franchised | |
| PERMA-DRY Systems | 1990 |
| The Closet Factory | 1986 |
| Term Of Agreement | |
| PERMA-DRY Systems | 5 years +5 |
| The Closet Factory | 5 years |
| Renewal Fee | |
| PERMA-DRY Systems | |
| The Closet Factory | $7K |
Business Experience Requirements |
|
| Experience | |
| PERMA-DRY Systems | |
| The Closet Factory | General business experience Marketing skills People skills |
Financing Options |
|
| Franchise Fees | |
| PERMA-DRY Systems | |
| The Closet Factory | |
| Start-up Costs | |
| PERMA-DRY Systems | |
| The Closet Factory | |
| Equipment | |
| PERMA-DRY Systems} | |
| The Closet Factory | |
| Inventory | |
| PERMA-DRY Systems | |
| The Closet Factory | |
| Receivables | |
| PERMA-DRY Systems | |
| The Closet Factory | |
| Payroll | |
| PERMA-DRY Systems | |
| The Closet Factory | |
Training & Support |
|
| Training | |
| PERMA-DRY Systems | Headquarters in Dartmouth, NS 2 Weeks |
| The Closet Factory | |
| Support | |
| PERMA-DRY Systems | Central Data Processing Field Operation Evaluation Field Training Franchisee Newsletter Regional or National Meetings 800 Telephone Hotline |
| The Closet Factory | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| PERMA-DRY Systems | |
| The Closet Factory | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| PERMA-DRY Systems | Average Number of Employees: 1 Full-time, 1 Part-time Passive Ownership: Allowed, But Discouraged |
| 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) |
Expansion Plans |
|
| US Expansion | |
| PERMA-DRY Systems | 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 |
| The Closet Factory | |
| Canada Expansion | |
| PERMA-DRY Systems | |
| The Closet Factory | |
| International Expansion | |
| PERMA-DRY Systems | Canada, United Kingdom |
| The Closet Factory | |