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Below is an in-depth analysis and side-by-side comparison of Closet & Storage Concepts vs Closet Tailors 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 | $40,000 - $150,000 |
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 | - | Two weeks of comprehensive training so you'll know this business inside and out. |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Closet Tailors franchisees receive comprehensive support from an experienced team of professionals. Our parent company, Home Franchise Concepts™, has offered its Budget Blinds franchisees unparalleled support, helping to lead the brand to number one in its category. As your partners, we make it easy to get your home-based business running smoothly.
Training Exclusive Territory Personal Business Representative Workshops Online and Toll-free Phone Support CAD Software |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | We make it easy with our local marketing tools. You'll get customizable and professional looking creative, such as newspaper ads, flyers, postcards, door hangers, yard signs, brochures and more to leverage the Closet Tailors national brand in your market. |
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
Tailored Living began operation in 2010 when HFC combined two established brands, Closet Tailors and Premier Garage, into a new company.
Closet Tailors was the perfect opportunity to get into the home improvement industry with the people that do it best. Closet Tailors was created by Home Franchise Concepts, whose founders are the same visionaries that brought you the #1 franchise in custom window coverings 10 ten years running, Budget Blinds*. Our vision was to create a strong national brand through a multimillion-dollar national ad campaign and marketing tools that reach customers on a local level. We were seeking motivated, innovative individuals who want to take their career to the next level. This was your chance to get in on an outstanding opportunity.