Closet & Storage Concepts vs EXOVATIONS Franchise Comparison

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

Start-Up Costs and Fees

 
Closet & Storage Concepts Franchise
EXOVATIONS Franchise
Investment $96,500 - $499,000$93,050 - $158,750
Franchise Fee $44,500$35,000
Royalty Fee 5%5%
Advertising Fee -1%
Year Founded 19871996
Year Franchised 20002006
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee Lesser of initial, current fee-


Business Experience Requirements

 
Closet & Storage Concepts Franchise
EXOVATIONS Franchise
Experience
  • General business experience
  • Marketing skills
  • Strong sales background a plus
  • -

    Financing Options

     
    Closet & Storage Concepts Franchise
    EXOVATIONS Franchise
      In-House/3rd PartyIn-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

     
    Closet & Storage Concepts Franchise
    EXOVATIONS Franchise
    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

     
    Closet & Storage Concepts Franchise
    EXOVATIONS Franchise
    US Expansion --
    Canada Expansion NoNo
    International Expansion YesNo

    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 EXOVATIONS

    EXOVATIONS solves homeowners' exterior remodeling needs with creative solutions combining curb appeal with durability. EXOVATIONS uses materials that are no or low maintenance and come with excellent warranties. In other words, EXOVATIONS create exteriors for looks and for life. By focusing our business solely on home exteriors, EXOVATIONS stays true to our strength, skill, value, and our brand. Unlike many other replacement contractors, our sales process is informative and consultative, not the high-pressure, one-call close approach. We find that the more educated and informed our customers are, the smoother the project runs and the more likely we are to gain repeat and referral business. That is why we say that we're changing home exteriors. We change the look of the home and the way business is conducted in our industry.