The Closet Factory vs Next Day Access Franchise Comparison

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

Start-Up Costs and Fees
 
The Closet Factory Franchise
Next Day Access Franchise
Investment $208,500 - $356,000$103,025 - $135,200
Franchise Fee $46,500$48,000
Royalty Fee 5.75%-
Advertising Fee --
Year Founded 1983-
Year Franchised 1986-
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee $7K-


Business Experience Requirements
 
The Closet Factory Franchise
Next Day Access Franchise
Experience
  • General business experience
  • Marketing skills
  • People skills
    		• -

    Financing Options
     
    The Closet Factory Franchise
    Next Day Access Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    The Closet Factory Franchise
    Next Day Access Franchise
    Training --
    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
     
    The Closet Factory Franchise
    Next Day Access Franchise
    US Expansion -Yes
    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 Next Day Access

    "Next
    Whole Home, Whole Life Approach to Accessible Living!
    Next Day Access proudly sells, delivers, and installs a wide range of home accessibility products, including wheelchair ramps, commercial ramps, stair lifts, grab bars, residential elevators, porch lifts, vehicles lifts, and more.

    With every family that we meet, there is a story. Our service begins with YOUR story.
    Who you are and how you spend your day are the cornerstone questions that allow
    Next Day Access to deliver a “whole home, whole life” plan for your accessibility solution.
    Whole home means we can address each area of your home and recommend a professional accessibility solution
    that will allow you the freedom and independence to enjoy every level of your home.
    Whole life means we can adapt your home to fit the needs you have today and for a lifetime, as well as meet the demands of your unique life story.
    Providing you with a turnkey solution that allows you to stay in your home longer is our way of helping you solve the puzzle.