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Updated RecentlyCloset & Storage Concepts vs PremierGarage Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Closet & Storage Concepts vs PremierGarage 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 | $129,950 - $408,000 |
| Franchise Fee | $44,500 | $35,000 - $75,000 |
| Royalty Fee | 5% | $3.5K-7.5K/yr. |
| Advertising Fee | - | - |
| Year Founded | 1987 | 1999 |
| Year Franchised | 2000 | 2002 |
| Term Of Agreement | 10 years | 5 years |
| Term Of Agreement | 10 years | 5 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/No |
| Start-up Costs | No/Yes | No/No |
| Equipment | No/Yes | No/No |
| Inventory | No/Yes | No/No |
| Receivables | No/Yes | No/No |
| Payroll | No/Yes | No/No |
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 |
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 PremierGarage
THE LARGEST BRAND WITH THE WIDEST REACH
In 2010, Tailored Living and PremierGarage formed a strategic partnership to create the largest whole-home and garage organization franchise in the nation. PremierGarage’s brand recognition and reputation in the garage industry made them the ideal partner. In 2011, Tailored Living acquired the PremierGarage® brand name.