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Updated RecentlyCloset & Storage Concepts vs PERMA-DRY Systems Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Closet & Storage Concepts vs PERMA-DRY Systems 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 | $180,000 - And Up |
| Franchise Fee | $44,500 | $18,500 |
| Royalty Fee | 5% | 5% |
| Advertising Fee | - | - |
| Year Founded | 1987 | 1980 |
| Year Franchised | 2000 | 1990 |
| Term Of Agreement | 10 years | 5 years +5 |
| Term Of Agreement | 10 years | 5 years +5 |
| 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 | - | Headquarters in Dartmouth, NS 2 Weeks |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Central Data Processing Field Operation Evaluation Field Training Franchisee Newsletter Regional or National Meetings 800 Telephone Hotline |
| 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) | Average Number of Employees: 1 Full-time, 1 Part-time Passive Ownership: Allowed, But Discouraged |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | 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 PERMA-DRY Systems
NO LONGER FRANCHISING
Provision of services in the restoration of concrete surfaces and structures, using products and following a repair system prescribed and developed by the franchisor. These crack repair and concrete specialists are encouraged to expand and diversify their business in any area where concrete products are used or repairs are required.