Start-Up Costs and Fees |
||
| The Closet Factory | The Screenmobile | |
| Investment | 208500 - 356000 | 83794 - 164240 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 5.75% | 7% |
| Advertising Fee | $75/mo. | |
| Year Founded | 1983 | 1982 |
| Year Franchised | 1986 | 1984 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| The Closet Factory | The Screenmobile | |
| Experience | General business experience Marketing skills People skills | |
Financing Options |
||
| The Closet Factory | The Screenmobile | |
| Franchise Fees | No | Yes |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| The Closet Factory | The Screenmobile | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Newsletter, Meetings, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Ad slicks |
| Operations | 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) | Franchise can be run from home. 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| The Closet Factory | The Screenmobile | |
| 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 |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| The Closet Factory | |
| The Screenmobile | |
| Franchise Fee | |
| The Closet Factory | |
| The Screenmobile | |
| Royalty Fee | |
| The Closet Factory | 5.75% |
| The Screenmobile | 7% |
| Advertising Fee | |
| The Closet Factory | |
| The Screenmobile | $75/mo. |
| Year Founded | |
| The Closet Factory | 1983 |
| The Screenmobile | 1982 |
| Year Franchised | |
| The Closet Factory | 1986 |
| The Screenmobile | 1984 |
| Term Of Agreement | |
| The Closet Factory | 5 years |
| The Screenmobile | 10 years |
| Renewal Fee | |
| The Closet Factory | $7K |
| The Screenmobile | |
Business Experience Requirements |
|
| Experience | |
| The Closet Factory | General business experience Marketing skills People skills |
| The Screenmobile | |
Financing Options |
|
| Franchise Fees | |
| The Closet Factory | No |
| The Screenmobile | No |
| Start-up Costs | |
| The Closet Factory | |
| The Screenmobile | |
| Equipment | |
| The Closet Factory} | |
| The Screenmobile | |
| Inventory | |
| The Closet Factory | |
| The Screenmobile | |
| Receivables | |
| The Closet Factory | |
| The Screenmobile | |
| Payroll | |
| The Closet Factory | |
| The Screenmobile | |
Training & Support |
|
| Training | |
| The Closet Factory | |
| The Screenmobile | |
| Support | |
| The Closet Factory | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| The Screenmobile | Newsletter, Meetings, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| The Closet Factory | Co-op advertising, Ad slicks, National media, Regional advertising |
| The Screenmobile | Ad slicks |
| Operations | |
| 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) |
| The Screenmobile | Franchise can be run from home. 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| The Closet Factory | |
| The Screenmobile | 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 | |
| The Closet Factory | |
| The Screenmobile | |
| International Expansion | |
| The Closet Factory | |
| The Screenmobile | |