| ||||
Updated RecentlyCloset & Storage Concepts vs Ready Decks Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Closet & Storage Concepts vs Ready Decks including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $96,500 - $499,000 | $144,000 - $213,000 |
| Franchise Fee | $44,500 | $29,000 |
| Royalty Fee | 5% | 5% |
| Advertising Fee | - | - |
| Year Founded | 1987 | 2001 |
| Year Franchised | 2000 | 2005 |
| Term Of Agreement | 10 years | 10 years |
| Term Of Agreement | 10 years | 10 years |
| Renewal Fee | Lesser of initial, current fee | $14500 |
Business Experience Requirements |
||
| Experience | - | |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | No/No |
| Start-up Costs | No/Yes | No/Yes |
| Equipment | No/Yes | No/Yes |
| Inventory | No/Yes | No/Yes |
| Receivables | No/Yes | No/No |
| Payroll | No/Yes | No/No |
Training & Support |
||
| Training | - | * Available at headquarters: 2 weeks * At franchisee's location: 1 week |
| 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) | * Franchise can be run from home * Number of employees needed to run franchised unit: 2 * Absentee ownership of franchise is NOT allowed. |
Expansion Plans |
||
| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
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 Ready Decks
Ready Decks has developed an innovative approach to one
of the largest segments of the home improvement market - home
decking. The tools, construction process and equipment
invented by Ready Decks, when used by trained, professional
teams of installers, enable most projects to be completed in a single
day. Other traditional contractors and builders may take much longer. Relatively low start-up costs is just one key ingredient that makes Ready Decks an excellent franchise concept and opportunity.