Start-Up Costs and Fees |
||
| Room Evolutions | California Closet Company | |
| Investment | 190000 - 320000 | 127500 - 377000 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% | 6% |
| Advertising Fee | 1% | |
| Year Founded | 1953 | 1978 |
| Year Franchised | 2008 | 1982 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Room Evolutions | California Closet Company | |
| Experience | Senior or mid- manager business experience, remodeling, or construction (home building or commercial) experience. | Industry experience General business experience Marketing skills |
Financing Options |
||
| Room Evolutions | California Closet Company | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Room Evolutions | California Closet Company | |
| Training | Initial one week orientation and ongoing | On-site operational instruction Training for designer, installation, and production staff Proprietary technology for sales, design, and operational systems management |
| Support | Media planning Local and national advertising collateral Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations | |
| Marketing | Marketing materials are created and available | Co-op advertising, National media, Regional advertising |
| Operations | Number of employees needed to run franchised unit: 8 - 10 Absentee ownership of franchise is NOT allowed. | |
Expansion Plans |
||
| Room Evolutions | California Closet Company | |
| US Expansion | Illinois, Indiana, Maryland, Michigan, Minnesota, New York, Ohio, Pennsylvania, Virginia, Wisconsin | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Room Evolutions | |
| California Closet Company | |
| Franchise Fee | |
| Room Evolutions | |
| California Closet Company | |
| Royalty Fee | |
| Room Evolutions | 4% |
| California Closet Company | 6% |
| Advertising Fee | |
| Room Evolutions | 1% |
| California Closet Company | |
| Year Founded | |
| Room Evolutions | 1953 |
| California Closet Company | 1978 |
| Year Franchised | |
| Room Evolutions | 2008 |
| California Closet Company | 1982 |
| Term Of Agreement | |
| Room Evolutions | 5 years +5+5+5 |
| California Closet Company | 10 years |
| Renewal Fee | |
| Room Evolutions | $5,000 |
| California Closet Company | 50% of franchise fee |
Business Experience Requirements |
|
| Experience | |
| Room Evolutions | Senior or mid- manager business experience, remodeling, or construction (home building or commercial) experience. |
| California Closet Company | Industry experience General business experience Marketing skills |
Financing Options |
|
| Franchise Fees | |
| Room Evolutions | No |
| California Closet Company | No |
| Start-up Costs | |
| Room Evolutions | |
| California Closet Company | |
| Equipment | |
| Room Evolutions} | |
| California Closet Company | |
| Inventory | |
| Room Evolutions | |
| California Closet Company | |
| Receivables | |
| Room Evolutions | |
| California Closet Company | |
| Payroll | |
| Room Evolutions | |
| California Closet Company | |
Training & Support |
|
| Training | |
| Room Evolutions | Initial one week orientation and ongoing |
| California Closet Company | On-site operational instruction Training for designer, installation, and production staff Proprietary technology for sales, design, and operational systems management |
| Support | |
| Room Evolutions | |
| California Closet Company | Media planning Local and national advertising collateral Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations |
| Marketing | |
| Room Evolutions | Marketing materials are created and available |
| California Closet Company | Co-op advertising, National media, Regional advertising |
| Operations | |
| Room Evolutions | |
| California Closet Company | Number of employees needed to run franchised unit: 8 - 10 Absentee ownership of franchise is NOT allowed. |
Expansion Plans |
|
| US Expansion | |
| Room Evolutions | Illinois, Indiana, Maryland, Michigan, Minnesota, New York, Ohio, Pennsylvania, Virginia, Wisconsin |
| California Closet Company | |
| Canada Expansion | |
| Room Evolutions | |
| California Closet Company | |
| International Expansion | |
| Room Evolutions | |
| California Closet Company | |