The Closet Factory vs American Asphalt Sealcoating Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of The Closet Factory vs American Asphalt Sealcoating including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
The Closet Factory Franchise
American Asphalt Sealcoating Franchise
Investment $208,500 - $356,000$35,000 - $45,000
Franchise Fee $46,500$15,000
Royalty Fee 5.75%5-7%
Advertising Fee --
Year Founded 19831987
Year Franchised 19861998
Term Of Agreement 5 years15 years
Term Of Agreement 5 years15 years
Renewal Fee $7KAdministrative costs


Business Experience Requirements

 
The Closet Factory Franchise
American Asphalt Sealcoating Franchise
Experience
  • General business experience
  • Marketing skills
  • People skills

  • Aggressive and outgoing personality preferred

  • Financing Options

     
    The Closet Factory Franchise
    American Asphalt Sealcoating Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/No
    Start-up Costs No/YesYes/No
    Equipment No/YesNo/No
    Inventory No/YesYes/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support

     
    The Closet Factory Franchise
    American Asphalt Sealcoating Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesNewsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
    Marketing Co-op advertising, Ad slicks, National media, Regional advertisingCo-op advertising, Ad slicks
    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.

    <10% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 1 - 2

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)


    Expansion Plans

     
    The Closet Factory Franchise
    American Asphalt Sealcoating Franchise
    US Expansion --
    Canada Expansion NoNo
    International Expansion YesYes

    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 American Asphalt Sealcoating

    Get your share of the Hundred Billion Dollar Pavement Maintenance Services Industry With Our Franchise!
    Now YOU can own an American Asphalt Sealcoating Franchise. With an American Asphalt Sealcoating Franchise, you will receive the COMPLETE backing, experience, and support from the NATIONAL LEADER in Pavement Services. Be the LEADER in the pavement services industry by providing the following services: Sealcoating, HMA Patching, Resurfacing, Rejuvenation, Crack Sealing, Traffic Control Striping, Repairs/Replacement, Maintenance Services.