|
Below is an in-depth analysis and side-by-side comparison of Closet & Storage Concepts vs Archadeck including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $96,500 - $499,000 | $75,950 - $103,550 |
Franchise Fee | $44,500 | $49,500 |
Royalty Fee | 5% | 3%-6% |
Advertising Fee | - | 1.5% |
Year Founded | 1987 | 1980 |
Year Franchised | 2000 | 1984 |
Term Of Agreement | 10 years | 8 years |
Term Of Agreement | 10 years | 8 years |
Renewal Fee | Lesser of initial, current fee | - |
Business Experience Requirements |
||
Experience | ||
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | Yes/No |
Start-up Costs | No/Yes | No/Yes |
Equipment | No/Yes | No/Yes |
Inventory | No/Yes | No/Yes |
Receivables | No/Yes | Yes/No |
Payroll | No/Yes | Yes/No |
Training & Support |
||
Training | - | Classroom Training: 116 hours Additional Training: Additional training |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Franchisee Intranet Platform |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
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. International franchisees required to buy multiple units/master licenses; 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 3 Absentee ownership of franchise allowed. |
Expansion Plans |
||
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.
At Archadeck, we fully understand that your success leads to our success. So our team is fully committed to whatever it takes to support you and your goals as a business owner. And by being part of the Outdoor Living Brands family of franchise companies, this support system expands exponentially. You’ll have access to responsive support from a team of business professionals in all the key disciplines you’ll need.
We offer:
-Lead Generation
-Marketing Support
-Customer Loyalty and Retention
-Technology Platform
-Franchise Partner Network
Serving homeowners and builders throughout the United States, Japan and the United Kingdom.