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Below is an in-depth analysis and side-by-side comparison of Closet & Storage Concepts vs Hickory Dickory Decks 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 | $50,001 - $100,000 |
Franchise Fee | $44,500 | $50,000 |
Royalty Fee | 5% | 6% |
Advertising Fee | - | - |
Year Founded | 1987 | 1987 |
Year Franchised | 2000 | 1999 |
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 | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | 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 | - | - |
Canada Expansion | No | No |
International Expansion | Yes | No |
Founded by Bob Lewis in 1987, Closet & Storage Concepts designs, manufactures and installs custom closet and storage products in homes and businesses.
Custom builders of decks and gazebo's creating the ultimate backyard paradise. At Hickory Dickory Decks, our aim is to be the best quality and service oriented company in the deck business. Our business is built on satisfied customers, one deck at a time.We began by using composite decking materials. These products have many advantages over wooden decks. No more staining, peeling, no slivers, no cracking, no warping, no twisting, and a better non-slip surface. We are the largest composite deck builder in Canada and have over 1,500 of these installed. This "maintenance-free" decking is over 85 percent of our business today and will never need staining but does require an occasional bath. Every year we find crews hundreds of miles away working on projects referred by one of our satisfied customers. They will travel world wide to work with great customers on their custom deck. In 2005, Hickory Dickory Decks became a stocking dealer of the leading easy-care/maintenance-free deck products. We carry Xtendex, Weatherbest, Correct Deck, Procel, Veka, Trex, Dexx, EZ Deck, Weatherdeck, Monarch, Deck Lok and Lifelong Decking. They also can special order any other composite deck of your choice.