|
Below is an in-depth analysis and side-by-side comparison of California Closet Company vs CRATE including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $127,500 - $377,000 | $100,424 - $177,999 |
Franchise Fee | $40,000 | $22,000 - $46,000 |
Royalty Fee | 6% | 2%-4% |
Advertising Fee | - | $38,500 - $42,000 annually |
Year Founded | 1978 | 2011 |
Year Franchised | 1982 | 2015 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | 50% of franchise fee | - |
Business Experience Requirements |
||
Experience | We're looking to partner with motivated entrepreneurs who have liquid funds amounting to at least 150% of the figures listed in Item 7 of CRATE's Franchise Disclosure Document, and proper licensing. |
|
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | On-site operational instruction Training for designer, installation, and production staff Proprietary technology for sales, design, and operational systems management | Ongoing |
Support | Media planning Local and national advertising collateral Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations | CRATE franchisees receive ongoing training and support with everything from lead screening, marketing, sales, project management, field implementation, and security/safety procedures. CRATE's 24/7 support team offers contractors the benefit of warmed up leads and setting up initial walk-throughs. |
Marketing | Co-op advertising, National media, Regional advertising | - |
Operations |
Number of employees needed to run franchised unit: 8 - 10
Absentee ownership of franchise is NOT allowed. | Our time-tested business model equips contractors with the necessary tools to offer a residential construction business which offers affordable remodeling for kitchens and bathrooms to customers wishing to implement a high-end renovation to an existing kitchen or bathroom layout. Our system is designed to maximized efficiency, as well as profit-per-workday. |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | Yes | - |
Customized storage has grown from a small business into a major industry. Leading
the field is California Closets, the franchise company that pioneered custom storage
solutions in 1978. California Closets is the most well-known brand in the industry.
The Industry Pioneer and Brand Leader
Join the Company that pioneered the custom storage solutions industry. For over 40
years, California Closets has delighted its customers - by listening to their needs and
creating individually designed solutions that work specifically for their lifestyles and
home. Today, California Closets is the largest custom storage franchised system in
the world, with over 100 franchises worldwide; it is the most recognized brand in its
category.
A California Closets franchise offers expert services in creating innovative home
design solutions; ranging from its signature custom designed closets, home offices,
entertainment rooms, utility rooms, garages and much more.
We see home as more than a place. We see it as comfort and refuge, space for connection and celebration. Everything we do is designed to enhance home and help you enjoy the
time you spend there.
30 years ago, we innovated a new industry - custom designed and installed storage.
Today we're proud to be recognized as the leaders in the industry we first created all
those years ago. Along the way we've continued to innovate, always striving to provide
customers with stylish, smart and sustainable solutions for every home.
CRATE Franchise Systems -- the franchisor of kitchenCRATE and bathCRATE -- offers home improvement specialists industry-leading solutions in lead generation and maximizing profit-per-workday while helping them deliver organized, efficient remodeling services. Each signature crate, an 8' x 16' x 8' tall container, includes all the necessary tools and materials contractors need to complete a quality remodel in as little as seven days. CRATE Franchise Systems is now expanding through a targeted franchise program. Immediate opportunities are available in California, Nevada, Arizona, and Oregon.