The Closet Factory vs Paul Davis Restoration Franchise Comparison

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

Start-Up Costs and Fees

 
The Closet Factory Franchise
Paul Davis Restoration Franchise
Investment $208,500 - $356,000$186,390 - $510,700
Franchise Fee $46,500$100,000 - $130,000
Royalty Fee 5.75%4%
Advertising Fee -$125/mo.
Year Founded 19831966
Year Franchised 19861970
Term Of Agreement 5 years10 years
Term Of Agreement 5 years10 years
Renewal Fee $7K-


Business Experience Requirements

 
The Closet Factory Franchise
Paul Davis Restoration Franchise
Experience
  • General business experience
  • Marketing skills
  • People skills
  • Are you driven, success minded, and ready to start the next chapter of your life? You don't need to have experience with the restoration business to become a Paul Davis Restoration or Paul Davis Emergency Services business owner. What we look for in our franchisees is the desire to succeed. So, if you're patient, willing to work hard, learn, and collaborate with our team, you're an excellent fit for a Paul Davis business opportunity.


    Financing Options

     
    The Closet Factory Franchise
    Paul Davis Restoration Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoYes/Yes
    Start-up Costs No/YesNo/Yes
    Equipment No/YesNo/No
    Inventory No/YesNo/Yes
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support

     
    The Closet Factory Franchise
    Paul Davis Restoration Franchise
    Training -

    We take training seriously at Paul Davis. It's a bedrock principle of our company because our reputation is only as good as the education we provide our business owners. That's why we continually invest in our state-of-the-art training facility and our world-class trainers. Paul Davis business owners leave training prepared to own and operate their restoration businesses because our training is unparalleled. On-The-Job Training: 20 hours Classroom Training: 228 hours Additional Training: Follow-up training at 6-month anniversary

    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives

    We offer continuing education classes, franchisee mentoring programs, marketing support, and a field representative dedicated to your ongoing needs to ensure you're growing and evolving as a business owner and receiving all the tools you need to thrive. Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations

    Marketing Co-op advertising, Ad slicks, National media, Regional advertisingCo-op Advertising Ad Templates Regional Advertising 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)

    3% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 2 - 20

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)


    Expansion Plans

     
    The Closet Factory Franchise
    Paul Davis Restoration Franchise
    US Expansion -Yes
    Canada Expansion NoYes
    International Expansion YesNo

    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 Paul Davis Restoration

    Paul Davis is a rock-solid business opportunity - one where you'll receive top-notch training and support from a team that truly cares about your success. Begin a new chapter in your life with a Paul Davis Restoration or Paul Davis Emergency Services business, where collaboration, heritage, and training come together to create a profitable, scalable recovery and franchise opportunity with an impeccable reputation. With over 370 locations around the US and 50 years of experience, our business owners tackle the recovery process with sensitivity, efficiency, and expertise because they've received the best training in the business. Whether dealing with damage from fires, mold, water, storms, natural disasters, or other emergencies, Paul Davis business owners inspire confidence because they know their craft inside and out.
    Paul Davis also offers business owners flexibility and scalability. With two levels of investment, Paul Davis Restoration and Paul Davis Emergency Services, franchisees can select an investment level that fits their unique business goals and lifestyle. It's also possible to grow and scale your business when the time is right for you and your family. Emergency restoration is a $71.3 Billion dollar industry. Invest in your future by investing in a Paul Davis Restoration business!
    Minimum Capital Investment
    Paul Davis Restoration = $200,000
    Paul Davis Emergency Services = $100,000
    Net Worth Requirement
    Paul Davis Restoration = $300,000
    Paul Davis Emergency Services = $100,000
    Veteran Incentives  $10,000 off franchise fee
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    #239 in Franchise 500 for 2021.   Not in Franchise 500 for 2020.