The Closet Factory vs Honest Abe Roofing Franchise Comparison

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

Start-Up Costs and Fees

 
The Closet Factory Franchise
Honest Abe Roofing Franchise
Investment $208,500 - $356,000$98,471 - $330,285
Franchise Fee $46,500$35,000 - $70,000
Royalty Fee 5.75%-
Advertising Fee --
Year Founded 19832017
Year Franchised 19862017
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee $7K-


Business Experience Requirements

 
The Closet Factory Franchise
Honest Abe Roofing Franchise
Experience
  • General business experience
  • Marketing skills
  • People skills
  • -

    Financing Options

     
    The Closet Factory Franchise
    Honest Abe Roofing 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
    Honest Abe Roofing 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
    Honest Abe Roofing Franchise
    US Expansion -Yes
    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 Honest Abe Roofing

    "Honest

    Do you dream of being your own boss? Do you want to control your own future? Do you want to own a successful business but just don’t know how?
    Then, becoming an Honest Abe Roofing Franchisee is the life improving decision you need to make. Right now, 3% of the homes in your area need a new roof!
    We can help you make life changing amounts of money in this multi-million-dollar industry that is recession resistant and growing.
    The Honest Abe Roofing system will be a game changer in your marketplace and someone from your area will partner with us to take over this space, so don’t wait! Invest in your future! Invest in you! Become an Honest Abe Roofing franchisee today!