The Closet Factory vs PremierGarage Franchise Comparison

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

Start-Up Costs and Fees

 
The Closet Factory Franchise
PremierGarage Franchise
Investment $208,500 - $356,000$129,950 - $408,000
Franchise Fee $46,500$35,000 - $75,000
Royalty Fee 5.75%$3.5K-7.5K/yr.
Advertising Fee --
Year Founded 19831999
Year Franchised 19862002
Term Of Agreement 5 years5 years
Term Of Agreement 5 years5 years
Renewal Fee $7K-


Business Experience Requirements

 
The Closet Factory Franchise
PremierGarage Franchise
Experience
  • General business experience
  • Marketing skills
  • People skills
  • -

    Financing Options

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

    Training & Support

     
    The Closet Factory Franchise
    PremierGarage Franchise
    Training --
    Support Newsletter, 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 advertising-
    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)

    -

    Expansion Plans

     
    The Closet Factory Franchise
    PremierGarage Franchise
    US Expansion --
    Canada Expansion NoNo
    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 PremierGarage

    THE LARGEST BRAND WITH THE WIDEST REACH

    In 2010, Tailored Living and PremierGarage formed a strategic partnership to create the largest whole-home and garage organization franchise in the nation. PremierGarage’s brand recognition and reputation in the garage industry made them the ideal partner. In 2011, Tailored Living acquired the PremierGarage® brand name.

    Our reach extends to our marketing power as well. Our years of experience in lead generation, Search Engine Optimization (SEO) and Search Engine Marketing (SEM), as well as local marketing tactics, help drive business to our franchisees with the greatest effectiveness, which makes it one of the best franchise opportunities available!.
     
    PremierGarage offers storage and flooring solutions for garage, closets, pantries, mudrooms, home offices through complimentary in-home consultations, professional measuring and installation.
     
    Veterans will receive a 15% discount