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Updated RecentlyThe Closet Factory vs The Dry Boys Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of The Closet Factory vs The Dry Boys including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $208,500 - $356,000 | $74,000 - $116,000 |
| Franchise Fee | $46,500 | $30,000 |
| Royalty Fee | 5.75% | 7% |
| Advertising Fee | - | 2% |
| Year Founded | 1983 | - |
| Year Franchised | 1986 | - |
| Term Of Agreement | 5 years | 10 Years |
| Term Of Agreement | 5 years | 10 Years |
| Renewal Fee | $7K | - |
Business Experience Requirements |
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| Experience | Business Experience: NO experience necessary. You will be trained to be a water restoration professional. All you need to be, is a person with manners and willing to work! | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | Yes/- |
| Inventory | No/Yes | Yes/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | - | raining Business development program Support 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 |
| Support | 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 |
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 |
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| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
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.
About The Dry Boys
Nothing in the world spreads as rapidly and forcefully as water damage, and the destruction of water floods can instantly bring mayhem to your property, penetrating to areas you didn’t even notice at first glance. If water damage is not treated in a timely fashion, your walls will absorb moisture, mildew, mold, rust, odor and create havoc to your walls, floors, furniture in your home.
Picking the right Water Restoration professional can be the difference between a clean and safe house.