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Below is an in-depth analysis and side-by-side comparison of Closet & Storage Concepts vs Concrete Raising of America including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $96,500 - $499,000 | $34,900 - $249,400 |
Franchise Fee | $44,500 | $34,900 - $42,500 |
Royalty Fee | 5% | 4-8% |
Advertising Fee | - | - |
Year Founded | 1987 | 1947 |
Year Franchised | 2000 | 1993 |
Term Of Agreement | 10 years | 20 years |
Term Of Agreement | 10 years | 20 years |
Renewal Fee | Lesser of initial, current fee | - |
Business Experience Requirements |
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Experience | ||
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | Yes/Yes |
Start-up Costs | No/Yes | No/Yes |
Equipment | No/Yes | Yes/Yes |
Inventory | No/Yes | No/No |
Receivables | No/Yes | No/No |
Payroll | No/Yes | No/No |
Training & Support |
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Training | - | Bi-annual operator certification by franchisor as well as On-The-Job Training: 40-120 hours Classroom Training: 40 hours |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Ad Templates Social media SEO Website development Email marketing |
Operations |
0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 - 12
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Franchise can be run from home. 11% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 4
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)
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Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | No |
International Expansion | Yes | Yes |
Founded by Bob Lewis in 1987, Closet & Storage Concepts designs, manufactures and installs custom closet and storage products in homes and businesses.
CRC Concrete Raising Corporation has been in the concrete raising business since 1947, educating and training individuals on the fundamental technique of raising and stabilizing concrete in the residential, commercial, industrial, municipal, governmental, and even new construction markets.
In 1995, Concrete Raising of America, Inc. was established with the venue of forming business associations around the United States, and ultimately on an international basis. Since its inception, Concrete Raising of America has actively shared the elements of successful grouting applications, including raising and stabilizing concrete, through its establishment of Franchise locations.
Through years of on-the-job experience and testing, Concrete Raising has worked to provide engineered materials via the most efficient state-of-the-art equipment available. This equipment, including volumetric mobile mixers and hydraulic grout pumps has been further engineered by Concrete Raising of America to increase productivity. All modifications to the equipment used by Concrete Raising of America are proprietary, and only available to CRC Concrete Raising Franchise locations.