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Below is an in-depth analysis and side-by-side comparison of Closet & Storage Concepts vs Gutter Genie 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 | $75,000 - $135,000 |
Franchise Fee | $44,500 | N/A |
Royalty Fee | 5% | - |
Advertising Fee | - | - |
Year Founded | 1987 | - |
Year Franchised | 2000 | - |
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 | - |
International Expansion | Yes | - |
Founded by Bob Lewis in 1987, Closet & Storage Concepts designs, manufactures and installs custom closet and storage products in homes and businesses.
NO LONGER FRANCHISING
Our franchising system is built on the premise that the Company can be successful only if our franchisees are successful first. We believe in a partnering relationship with our owner/ operators, suppliers and employees.
Success for The Gutter Genie Company flows from the success of its business partners.