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Updated RecentlyClosets By Design vs Monkey Bars Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Closets By Design vs Monkey Bars including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $152,000 - $428,000 | $35,000 |
| Franchise Fee | $20,000 | N/A |
| Royalty Fee | 6.75% | 0 |
| Advertising Fee | 2.25% | 0 |
| Year Founded | 1982 | - |
| Year Franchised | 1998 | - |
| Term Of Agreement | 5 years | - |
| Term Of Agreement | 5 years | - |
| Renewal Fee | $5K waived if meet sales req. | - |
Business Experience Requirements |
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| Experience | An ideal candidate is someone who believes in our proven process. No prior carpentry experience is necessary; instead we're looking for business leaders to execute our system. | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | Yes/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | We communicate regularly with our franchisees to make sure we're providing relevant, effective training and support in all areas of the business. On-The-Job Training: 56 hours Classroom Training: 64 hours | Corporate will personally teach you how to sell, market and install this amazing system. |
| Support | We're With You Every Step of the Way Similar to how you will help transform clients' homes and offices, we will help you transform your new business. Comprehensive sales, marketing and operational training is provided on an ongoing basis. Our support team will share best practices and are always available to answer your questions and help you grow. Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform | - |
| Marketing | Closets by Design offers strong, in-house marketing support with proven successful lead generation through local and national advertising programs. Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | - |
| Operations |
30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 5 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | Yes | - |
| International Expansion | Yes | - |
Company Overviews
About Closets By Design
About Monkey Bars
THIS IS NOT A FRANCHISE THIS IS A DEALERSHIP OPPORTUNITY The bar has finally been raised for garage organizing systems. Monkey Bars shelving systems help people reclaim their garages for the purpose for which they were intended - their cars. With our simple garage organization systems, valuables can be kept within reach and easily retrieved. Our wall mounted garage shelving is terrifically sturdy and easily accessible. Now Monkey Bars can show you how to organize customers' garages in amazing new ways, and build a great dealership for yourself at the same time! Monkey Bars are based on a revolutionary design using quality steel coupled with unique engineering. The system is divided into two levels - a top level shelf made of thick melamine, a product that combines strength with a clean, attractive appearance, and racks which are formed by connecting adjustable bars to a previously installed triangular bracket. With the adjustable bar in place we add removable hooks of different varieties, which can hold everything from rakes and shovels to skis and bikes. Our customers are thrilled with this neat, strong and streamlined solution to the mess in their cluttered garages. Our system is not only simple, but easy to install, which means that you can be in and out of a customer's garage in a matter of hours. Monkey Bars applications are suited to a range of residential, commercial and industrial sites, including garages, sheds, shops, boat houses, storerooms, mud rooms, pantries, basements and more. With the goal of expanding into every market throughout the country, Monkey Bars will continue to rewrite the book on garage storage. Whether you're a contractor looking for a way to expand your business or an aspiring entrepreneur new to the storage market, we have the solutions for you!