HomePros vs The Closet Factory Franchise Comparison

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

Start-Up Costs and Fees

 
HomePros Franchise
The Closet Factory Franchise
Investment $101,285 - $143,475$208,500 - $356,000
Franchise Fee $19,500$46,500
Royalty Fee 7%5.75%
Advertising Fee --
Year Founded 20011983
Year Franchised 20021986
Term Of Agreement 5 years5 years
Term Of Agreement 5 years5 years
Renewal Fee -$7K


Business Experience Requirements

 
HomePros Franchise
The Closet Factory Franchise
Experience
  • Industry experience
  • General business experience
  • Basic home repair skills

  • General business experience
  • Marketing skills
  • People skills

  • Financing Options

     
    HomePros Franchise
    The Closet Factory Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees Yes/NoNo/No
    Start-up Costs No/NoNo/Yes
    Equipment No/NoNo/Yes
    Inventory No/NoNo/Yes
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support

     
    HomePros Franchise
    The Closet Factory Franchise
    Training --
    Support Newsletter, Meetings, Grand opening, Internet, Field operations/evaluationsNewsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
    Marketing Ad slicksCo-op advertising, Ad slicks, National media, Regional advertising
    Operations Franchise can be run from home.

    28% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 2

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    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

     
    HomePros Franchise
    The Closet Factory Franchise
    US Expansion Yes-
    Canada Expansion NoNo
    International Expansion NoYes

    Company Overviews

    About HomePros

    HomePros Corporation offers professional home improvement and repair services to the general public. HomePros specializes in small to medium sized construction projects and is engaged in the refurbishment of distressed residential real estate.

    About The Closet Factory

    John LaBarbera founded The Closet Factory in a small industrial space in Los Angeles in 1983. The company started out with six employees customizing closets, offices, garages and pantries, and now has more than 100 employees at its Los Angeles headquarters. There are also 11 other factories around the world.

    The Closet Factory works with homeowners, contractors and interior decorators, installing closets, entertainment centers, pantries and shelves for offices and garages.

    You are unique and so are your needs. No one knows that better than The Closet Factory. When it comes to creating custom solutions that are imaginative, well organized and satisfy your design sensibilities, The Closet Factory believes the process must begin with a partnership between you and one of our designers.