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Updated RecentlyClosets By Design vs Stor-X Organizing Systems Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Closets By Design vs Stor-X Organizing 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 | $152,000 - $428,000 | $50,000 - $100,000 |
| Franchise Fee | $20,000 | N/A |
| Royalty Fee | 6.75% | - |
| Advertising Fee | 2.25% | - |
| Year Founded | 1982 | 1987 |
| Year Franchised | 1998 | 1987 |
| Term Of Agreement | 5 years | - |
| Term Of Agreement | 5 years | - |
| Renewal Fee | $5K waived if meet sales req. | - |
Business Experience Requirements |
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| Experience | An ideal candidate is someone who believes in our proven process. No prior carpentry experience is necessary; instead we're looking for business leaders to execute our system. | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | Yes/No | No/No |
| Start-up Costs | No/No | No/No |
| Equipment | No/No | No/No |
| Inventory | No/No | No/No |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
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| Training | We communicate regularly with our franchisees to make sure we're providing relevant, effective training and support in all areas of the business. On-The-Job Training: 56 hours Classroom Training: 64 hours | - |
| Support | We're With You Every Step of the Way Similar to how you will help transform clients' homes and offices, we will help you transform your new business. Comprehensive sales, marketing and operational training is provided on an ongoing basis. Our support team will share best practices and are always available to answer your questions and help you grow. Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform | - |
| Marketing | Closets by Design offers strong, in-house marketing support with proven successful lead generation through local and national advertising programs. Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | - |
| Operations |
30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 5 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | Yes | - |
| International Expansion | Yes | - |
Company Overviews
About Closets By Design
About Stor-X Organizing Systems
In 1989, when managing Pacific Closet Works Ltd in BC’s Lower Mainland, STOR-X Organizing Systems owner Wolf Nickel knew there was a better way to deliver custom, craftsman results without spending days in a customer’s home.
First he pioneered the STOR-X Lean Manufacturing System. Then he revolutionized it. Wolf recognized early on that in order to be a responsive, quality-driven, service-oriented company, he’d need to provide strong business and operational support for a dealer network - a group that would benefit from shared advertising and marketing initiatives.
Today there are more than 17 franchisees in Western Canada, supported by a dynamic, progressive franchisee program and over 100 U.S. dealers.
If your strengths are sales and customer service, STOR-X gives a unique opportunity to entrepreneurs. Many businesses have intensive production and installation requirements, but STOR-X Organizing Systems allow you to be successful with juggling demanding production/installation schedules. The vast majority of the work is done in the plant before the custom closet is shipped. This ensures you can sell and deliver up to 3 installations a week with no staff and a healthy bottom line! Franchisee benefits: *Turn Key Business Opportunity that provides all of the tools to build a successful business *Exclusive Territories (based on minimum sales volume) *STOR-X Design *3D Software and training *STOR-X X-Factor Sales Training *STOR-X Rapid Installation training *STOR-X Order Management System with Easy Profit Tracking *Complete Hands on Sales Plan *Complete Website design *Online lead generation *Centralized Call Center Bookings for Web Leads *NO INVENTORY - Just in time ordering "Because of the LEAN process, STOR-X franchisees can spend over 50% of their time growing the business. This is the single differentiating factor between business opportunities that are easy to grow and ones that are challenging and cost intensive. With or without major overhead and staffing, a franchisee can grow their business.