The Closet Factory vs Everdry Waterproofing Franchise Comparison

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

Start-Up Costs and Fees
 
The Closet Factory Franchise
Everdry Waterproofing Franchise
Investment $208,500 - $356,000$127,550 - $244,550
Franchise Fee $46,500$67,500
Royalty Fee 5.75%6%
Advertising Fee --
Year Founded 19831978
Year Franchised 19861984
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee $7K-


Business Experience Requirements
 
The Closet Factory Franchise
Everdry Waterproofing Franchise
Experience
  • General business experience
  • Marketing skills
  • People skills
    		• -

    Financing Options
     
    The Closet Factory Franchise
    Everdry Waterproofing Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    The Closet Factory Franchise
    Everdry Waterproofing 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
    Everdry Waterproofing Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion 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 Everdry Waterproofing

    "Everdry
    The first Everdry Waterproofing franchise opened in 1983 in Cincinnati. Since then, Everdry contractors have expanded across the Midwest and southeastern states and have serviced over 80,000 basements, crawl spaces and slab homes - making them one of the nation's premier foundation repair contractors. These contractors take a one-on-one approach with their customers and custom tailor solutions based on each homeowner's needs. From simple solutions to more complex problems, they have the tools to analyze it and provide the homeowner with the options to resolve it for the long term. Everdry locations take an active role in bettering the waterproofing and foundation repair industries. New products and services are an ongoing part of the Everdry philosophy, which has resulted in numerous patents, trademarks and copyrights on the products and services available. Everdry locations have been featured on HGTV and radio programs, and also seek to give back to the communities in which they live.