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Updated RecentlyHomePros vs Closet & Storage Concepts Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of HomePros 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 | $101,285 - $143,475 | $96,500 - $499,000 |
| Franchise Fee | $19,500 | $44,500 |
| Royalty Fee | 7% | 5% |
| Advertising Fee | - | - |
| Year Founded | 2001 | 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 | - | - |
| Support | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Ad slicks | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations |
Franchise can be run from home. 28% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is NOT 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 |
Company Overviews
About HomePros
HomePros Corporation offers professional home improvement and repair services to the general public. HomePros specializes in small to medium sized construction projects and is engaged in the refurbishment of distressed residential real estate.
About Closet & Storage Concepts
Founded by Bob Lewis in 1987, Closet & Storage Concepts designs, manufactures and installs custom closet and storage products in homes and businesses.