Closet & Storage Concepts vs Luxury Bath Systems Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Closet & Storage Concepts vs Luxury Bath Systems including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Closet & Storage Concepts Franchise
Luxury Bath Systems Franchise
Investment $96,500 - $499,000$20,000 - $40,000
Franchise Fee $44,500$16,000
Royalty Fee 5%0
Advertising Fee --
Year Founded 19871989
Year Franchised 20001994
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee Lesser of initial, current fee$5K


Business Experience Requirements

 
Closet & Storage Concepts Franchise
Luxury Bath Systems Franchise
Experience
  • General business experience
  • Marketing skills
  • Strong sales background a plus

  • Industry experience
  • General business experience
  • Marketing skills
  • Sales (in-home sales experience)

  • Financing Options

     
    Closet & Storage Concepts Franchise
    Luxury Bath Systems Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesYes/No
    Start-up Costs No/YesYes/No
    Equipment No/YesNo/No
    Inventory No/YesNo/No
    Receivables No/YesNo/No
    Payroll No/YesNo/No

    Training & Support

     
    Closet & Storage Concepts Franchise
    Luxury Bath Systems Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesNewsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations
    Marketing Co-op advertising, Ad slicks, National media, Regional advertisingCo-op advertising, Ad slicks, National media
    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)

    10% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 15

    Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators)


    Expansion Plans

     
    Closet & Storage Concepts Franchise
    Luxury Bath Systems Franchise
    US Expansion --
    Canada Expansion NoNo
    International Expansion YesYes

    Company Overviews

    About Closet & Storage Concepts

    Founded by Bob Lewis in 1987, Closet & Storage Concepts designs, manufactures and installs custom closet and storage products in homes and businesses.

    About Luxury Bath Systems

    Are you looking to expand your business base or considered joining a network of successful franchisees? Consider Luxury Bath Systems, the nation’s leader in acrylic bathroom remodeling, and take advantage of the multi-billion dollar home improvement market. Luxury Bath Systems offers its franchises and dealers a proven system for efficiently remodeling bathrooms, while providing dynamic marketing programs and technical support. Exclusive territories are still available.

    Since its founding in 1989, Luxury Bath Systems has remodeled bathrooms in homes and businesses. The Bensenville, Illinois-based company installs tub and wall systems over existing bathtubs and tile, allowing franchisees to remodel a bathroom in less than one day.