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Below is an in-depth analysis and side-by-side comparison of Renovation Professionals vs Closet & Storage Concepts including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $28,500 - $50,980 | $96,500 - $499,000 |
Franchise Fee | $24,500 | $44,500 |
Royalty Fee | 4% | 5% |
Advertising Fee | - | - |
Year Founded | 1997 | 1987 |
Year Franchised | 2002 | 2000 |
Term Of Agreement | 5 years | 10 years |
Term Of Agreement | 5 years | 10 years |
Renewal Fee | - | Lesser of initial, current fee |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/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 | Online training | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
Marketing | Ad slicks, Regional advertising | Co-op advertising, Ad slicks, National media, Regional advertising |
Operations |
Franchise can be run from home. 0% 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) |
0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 - 12
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 | No | No |
International Expansion | No | Yes |
Founded by Erich and April Weber in 1997, Renovation Professionals� is an innovative residential, commercial, and facilities management services company with a successful business record and a very ambitious goal � to create the most desirable product at competitive prices while delivering a standard of communication and excellence not seen in the remodeling and services industries. The Webers developed a highly professional, multi-step business system that focuses on superior client service, controlled tracking of daily business operations, and overall enhanced communications between client and service technician and construction personel.
Founded by Bob Lewis in 1987, Closet & Storage Concepts designs, manufactures and installs custom closet and storage products in homes and businesses.