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Updated RecentlyCloset & Storage Concepts vs The Owner/Builder Network Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Closet & Storage Concepts vs The Owner/Builder Network 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 | $98,950 - $208,300 |
| Franchise Fee | $44,500 | $30,000 |
| Royalty Fee | 5% | 10% |
| Advertising Fee | - | - |
| Year Founded | 1987 | 1997 |
| Year Franchised | 2000 | 2005 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 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 | No/Yes |
| Start-up Costs | No/Yes | No/Yes |
| Equipment | No/Yes | No/Yes |
| Inventory | No/Yes | No/Yes |
| Receivables | No/Yes | No/Yes |
| Payroll | No/Yes | No/Yes |
Training & Support |
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| 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 |
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) | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | No |
| International Expansion | Yes | No |
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 The Owner/Builder Network
Owner Builder Network is best described as a team of experts helping clients... Be their own builder.
Owner Builder Network was founded outside of Houston Texas in 1997. A good builder today is someone that has connections with contractors and suppliers. With Owner Builder Network clients are in control. They will know exactly what is going into their home. They will know who is and isn't getting paid on their investment and why. The money they save by getting more than one bid and shopping wisely goes into their pocket - not the builder's. One of the highlights is the network they put the customer in when they close. This network consists of hundreds of contractors and suppliers that will bid on the project at a volume builders discount.
Owner Builder Network also has several national accounts that can help clients save even more.