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Updated RecentlyCloset & Storage Concepts vs Granite America Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Closet & Storage Concepts vs Granite America 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 | $32,250 - $576,200 |
| Franchise Fee | $44,500 | $12,500 - $40,000 |
| Royalty Fee | 5% | - |
| Advertising Fee | - | - |
| Year Founded | 1987 | 1999 |
| Year Franchised | 2000 | 2012 |
| 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 | - | - |
| 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.
About Granite America
!["Granite]("https://fddexchange.com/wp-content/uploads/2020/03/Granite-America-300x162.jpg")
The franchise offered is for the operation of either a granite and
stone countertop sales and installation shop that orders slabs as
needed, fabricates them and performs installations (“Express Model”), a
granite and stone countertop sales, fabrication and installation shop
that has an inventory of slabs onsite (“Standard Model”) or a granite
and stone countertop sales, fabrication and installation shop that has
an inventory of slabs onsite and uses digital technology and automation
to fabricate slabs (“Digital Model”) for home improvement and
construction projects. Besides opening as a new business (“Startup
Franchise”) there is also an option to convert an existing granite,
marble or solid surface shop into either an Express, Standard or Digital
Model (“Conversion Franchise”). These are service oriented businesses
that offers a wide selection of imported granite and stone slabs that
are customized into countertops while incorporating an efficient and
simplistic approach to production and daily operations, under the name
“Granite America®”.
When you became a franchise of a Granite America®, you will offer
unique products that are superior and NOT available in the marketplace.
In other words, you won’t find our products anywhere else! As a Granite
America® franchise you are a one- stop solution for sales, fabrication
and installation. Not only will you be able to transform residential
homes, you will also meet the demand for commercial businesses such as:
restaurants, hotels, retail stores, casinos and MORE!
We have several
markets available across the United States so don’t wait!
- You will receive a protected territory.
- We provide comprehensive training at our corporate office.
- We provide you with onsite assistance and guidance.
- You will learn how to maximize your materials...our motto is “No materials go to waste!”
- You choose which business model to operate. Learn More.
- We have attractive foreign investor programs. Learn About our EB-5 Franchise Program.
- You will have extensive management team support at your fingertips.
- You inherit all our relationships with our vendors and suppliers.
Startup Franchise; for a Standard Model, the Initial Franchise Fee is
$12,500 for a Conversion Franchise or $25,000 for a Startup Franchise;
for a Digital Model, the Initial Franchise Fee is $25,000 for a
Conversion Franchise or $40,000 for a Startup Franchise with protected
rights to operate in a specific area defined by the franchisor.
Additional franchises will be available for $10,000 for an Express Model
or $15,000 for either a Standard Model or Digital Model per franchise.
The total investment necessary to begin operation of a Granite America®
Express Model ranges from $32,250 to $116,000 for a Conversion Franchise
or from $162,850 to $270,450 for a Startup Franchise; for a Standard
Model from $66,950 to $180,200 for a Conversion Franchise or from
$327,650 to $576,200 for a Startup Franchise; and for a Digital Model
from $742,300 to $969,100 for a Conversion Franchise or from $1,121,000
to $1,463,100 for a Startup Franchise which will depend on a number of
factors that are fully discussed in Item 7 and includes the Initial
Franchise Fee that must be paid to the Franchisor.