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Updated RecentlyCalifornia Closet Company vs Fibrenew Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of California Closet Company vs Fibrenew including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $127,500 - $377,000 | $87,812 - $99,452 |
| Franchise Fee | $40,000 | $47,000 |
| Royalty Fee | 6% | $695/mo. |
| Advertising Fee | - | - |
| Year Founded | 1978 | 1985 |
| Year Franchised | 1982 | 1987 |
| Term Of Agreement | 10 years | 5 years |
| Term Of Agreement | 10 years | 5 years |
| Renewal Fee | 50% of franchise fee | - |
Business Experience Requirements |
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| Experience | Fibrenew franchisees come from all walks of life. The diversity of backgrounds and past careers is widely varied, including:
Engineer, Sales Executive, Teacher, Stock Broker, Military, Chemist, Printing Industry, Insurance, Manufacturing, Rocket Scientist, Painting, Mechanic, Truck Driver, IT / Networking, Accounting, Golf Pro, Pilot, Much more... Even with this diversity, there are a few criteria that franchise owners must meet: - Can not be color blind - Enjoys working with their hands - Confidence with relationship & networking sales - Physically fit as lifting furniture may be required - Is trainable and coach-able |
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Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | No/Yes |
| Start-up Costs | No/No | No/Yes |
| Equipment | No/No | No/Yes |
| Inventory | No/No | No/Yes |
| Receivables | No/No | No/Yes |
| Payroll | No/No | No/Yes |
Training & Support |
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| Training | On-site operational instruction Training for designer, installation, and production staff Proprietary technology for sales, design, and operational systems management | You will be trained at our Calgary, AB training center. The 2 week training session is conducted by seasoned technicians who have all owned and operated their own Fibrenew Franchise. All told, our instructors have over over 50 years of combined knowledge. The training center is set up to facilitate hands-on instruction and practice of the many techniques our technicians use in the field everyday, including: * repair techniques * color identification * material identification * business operations * marketing and sales * communications On-The-Job Training: 12 weeks Classroom Training: 80+ hours |
| Support | Media planning Local and national advertising collateral Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations | Fibrenew offers live training and meetings on a regular basis and requires all franchise owners to attend. Besides their educational value, these conventions, seminars and workshops offer everyone an opportunity to meet, network and share valuable business experiences. Our dedicated support staff provides our franchisees with expert field assistance, whether it be a question with a repair, color matching, products, business operations or administration. All support technicians are past or present franchisees who have 'walked a mile' as Fibrenew repair technicians and business owners. We are here to help by phone, live video feed, email and/or our online Technical Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op advertising, National media, Regional advertising | Ad Templates Social media SEO Website development Email marketing |
| Operations |
Number of employees needed to run franchised unit: 8 - 10
Absentee ownership of franchise is NOT allowed. |
Franchise can be run from home. 1% 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 |
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| US Expansion | - | Yes |
| Canada Expansion | No | No |
| International Expansion | Yes | Yes |
Company Overviews
About California Closet Company
Customized storage has grown from a small business into a major industry. Leading
the field is California Closets, the franchise company that pioneered custom storage
solutions in 1978. California Closets is the most well-known brand in the industry.
The Industry Pioneer and Brand Leader
Join the Company that pioneered the custom storage solutions industry. For over 40
years, California Closets has delighted its customers - by listening to their needs and
creating individually designed solutions that work specifically for their lifestyles and
home. Today, California Closets is the largest custom storage franchised system in
the world, with over 100 franchises worldwide; it is the most recognized brand in its
category.
A California Closets franchise offers expert services in creating innovative home
design solutions; ranging from its signature custom designed closets, home offices,
entertainment rooms, utility rooms, garages and much more.
We see home as more than a place. We see it as comfort and refuge, space for connection and celebration. Everything we do is designed to enhance home and help you enjoy the
time you spend there.
30 years ago, we innovated a new industry - custom designed and installed storage.
Today we're proud to be recognized as the leaders in the industry we first created all
those years ago. Along the way we've continued to innovate, always striving to provide
customers with stylish, smart and sustainable solutions for every home.
About Fibrenew
Our mission is to remain as the worldwide leader in leather, plastic and vinyl restoration and repair, while assisting our franchisees in achieving their personal and financial goals through owning and operating a thriving business.
Our vision is to provide our service, throughout the world with integrity, distinction, and enthusiasm.
Fibrenew continues to implement systems designed to improve every aspect of what we do, and how we do it. We are committed to providing advanced training, support and the opportunity of growth for every franchise owner.
Franchising Opportunities Available in USA, Canada, Australia, New Zealand & Mexico.
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