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Updated RecentlyThe Closet Factory vs Concrete Raising of America Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of The Closet Factory vs Concrete Raising of America including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $208,500 - $356,000 | $34,900 - $249,400 |
| Franchise Fee | $46,500 | $34,900 - $42,500 |
| Royalty Fee | 5.75% | 4-8% |
| Advertising Fee | - | - |
| Year Founded | 1983 | 1947 |
| Year Franchised | 1986 | 1993 |
| Term Of Agreement | 5 years | 20 years |
| Term Of Agreement | 5 years | 20 years |
| Renewal Fee | $7K | - |
Business Experience Requirements |
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| Experience | ||
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | Yes/Yes |
| Start-up Costs | No/Yes | No/Yes |
| Equipment | No/Yes | Yes/Yes |
| Inventory | No/Yes | No/No |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
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| Training | - | Bi-annual operator certification by franchisor as well as On-The-Job Training: 40-120 hours Classroom Training: 40 hours |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Ad Templates Social media SEO Website development Email marketing |
| 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) |
Franchise can be run from home. 11% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 4
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)
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Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | No |
| International Expansion | Yes | 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 Concrete Raising of America
CRC Concrete Raising Corporation has been in the concrete raising business since 1947, educating and training individuals on the fundamental technique of raising and stabilizing concrete in the residential, commercial, industrial, municipal, governmental, and even new construction markets.
In 1995, Concrete Raising of America, Inc. was established with the venue of forming business associations around the United States, and ultimately on an international basis. Since its inception, Concrete Raising of America has actively shared the elements of successful grouting applications, including raising and stabilizing concrete, through its establishment of Franchise locations.
Through years of on-the-job experience and testing, Concrete Raising has worked to provide engineered materials via the most efficient state-of-the-art equipment available. This equipment, including volumetric mobile mixers and hydraulic grout pumps has been further engineered by Concrete Raising of America to increase productivity. All modifications to the equipment used by Concrete Raising of America are proprietary, and only available to CRC Concrete Raising Franchise locations.
* Exclusive Territories
* Initial and Continuous Training
* Ongoing Support
* Multi-level Market Potential
* Recurring Revenues
* Innovative Equipment / Multi-purpose Equipment
* National Network
* Flexibility
* Franchise Owner Control
Seeking new franchisees throughout the U.S., Australia/New Zealand, Canada, Eastern Europe and Western Europe