Closet & Storage Concepts vs Restoration 1 Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Closet & Storage Concepts vs Restoration 1 including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Closet & Storage Concepts Franchise
Restoration 1 Franchise
Investment $96,500 - $499,000$84,500 - $193,125
Franchise Fee $44,500$54,900 - $59,275
Royalty Fee 5%7%
Advertising Fee -1% - 2%
Year Founded 19872008
Year Franchised 20002009
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee Lesser of initial, current fee-


Business Experience Requirements
 
Closet & Storage Concepts Franchise
Restoration 1 Franchise
Experience
  • General business experience
  • Marketing skills
  • Strong sales background a plus
    		• -

    Financing Options
     
    Closet & Storage Concepts Franchise
    Restoration 1 Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesYes/Yes
    Start-up Costs No/YesYes/Yes
    Equipment No/Yes-/Yes
    Inventory No/Yes-/Yes
    Receivables No/Yes-/-
    Payroll No/Yes-/-

    Training & Support
     
    Closet & Storage Concepts Franchise
    Restoration 1 Franchise
    Training -On-The-Job Training: 24 hours Classroom Training: 56 hours
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesPurchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
    Marketing Co-op advertising, Ad slicks, National media, Regional advertisingAd Templates National Media Social media SEO Website development Loyalty program/app
    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)

    		Number of Employees Required to Run: 4

    Expansion Plans
     
    Closet & Storage Concepts Franchise
    Restoration 1 Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion YesYes

    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 Restoration 1

    Starting any new business is a big decision. Choosing a path such as a water restoration franchise with Restoration1 can take a lot of stress and uncertainty from the process. With a solid and established strategy of success - Restoration1 can help you get our business up and running quickly and efficiently and help you turn a profit faster. Of course there isn't room for a water damage and restoration company in every block. For this reason we are only able to offer franchise opportunities to areas where we are not already served by other franchisees. Contact us today to find out if there are restoration franchise opportunities available in your area.

    Veteran Incentives  $7,000 off franchise fee
    "Entrepreneur
    #167 in Franchise 500 for 2020.
    #183 in Franchise 500 for 2021.