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Updated RecentlyCloset & Storage Concepts vs Global Garage Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Closet & Storage Concepts vs Global Garage 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 | $88,000 - $225,000 |
| 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 | 1. Full Time Commitment. We are not accepting franchisees who want this as an add-on to another business. 2. Fulfillment of the No-Commitment Franchise Discovery Process. 3. Marketing & Networking interest and aptitude. 4. A business person�s attitude. 5. Wants to work on your business not in your business. * �Can Do� Attitude. * Friendly Disposition. * Embodiment of the FFIS Philosophy. 6. Sufficient Net Worth. ($150,000) 7. $100,000 in liquid capital. |
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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 | - | At Global Garage we take Training very SERIOUSLY! The First step in training is to get all of your equipment, office, business and storage area set up. This must be done before coming to training. We will walk you through each step of it. 4 Days of training at a successful Global Garage facility. An additional 4 Days of training at your location using your equipment. Manufacturers flooring training. Manufacturers cabinets training. Ongoing discussions, newsletters, coaching, meetings, etc. |
| 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 | - | 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.