Closets By Design vs Tailored Living Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Closets By Design vs Tailored Living including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Closets By Design Franchise
Tailored Living Franchise
Investment $152,000 - $428,000$172,930 - $284,295
Franchise Fee $20,000$14,950
Royalty Fee 6.75%$300-$2K/mo.
Advertising Fee 2.25%$500/mo.
Year Founded 19822006
Year Franchised 19982006
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee $5K waived if meet sales req.-


Business Experience Requirements

 
Closets By Design Franchise
Tailored Living Franchise
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.

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Financing Options

 
Closets By Design Franchise
Tailored Living Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees Yes/NoYes/-
Start-up Costs No/No-/Yes
Equipment No/No-/Yes
Inventory No/No-/Yes
Receivables No/No-/Yes
Payroll No/No-/Yes

Training & Support

 
Closets By Design Franchise
Tailored Living Franchise
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

*National Convention *Regional workshops and marketing seminars *Monthly Continued Education webinars *Monthly Drawing Board design webinars *Professional in-house technology solutions experts *Online forums for networking and exchange of best practices Classroom Training: 82 hours Additional Training: Regional training
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

Tailored Living provides franchisees with D’VinciTM software that helps customers envision their storage solutions during in-home consultations. Training on how to use the software is provided so that you can use this powerful tool to help you close more sales. Get your questions answered by experts. Business Coaches are there to help ensure your business is running smoothly. Workshops Learn from the best. We bring in top industry speakers to keep you informed on the latest trends and product innovations. Plus, you can exchange tips and industry knowledge with other franchisees. Online and Toll-free Phone Support You can get answers fast from our technical support system. Purchasing 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

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

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)

Absentee Ownership Allowed Number of Employees Required to Run: 2

Expansion Plans

 
Closets By Design Franchise
Tailored Living Franchise
US Expansion YesYes
Canada Expansion YesYes
International Expansion Yes-

Company Overviews

About Closets By Design

Since 1982, Closets By Design has been installing custom closets, garage organizers, entertainment centers and home office systems. Franchisees manufacture all products and handle installation. All Closets By Design franchisees are owner/operators.

#284 in Franchise 500 for 2020.

About Tailored Living

Home Franchise Concepts (HFC) created Tailored Living featuring PremierGarage. Our founders are the same visionaries behind Budget Blinds, ranked the #1 custom window coverings franchise in the nation since 1996 by Entrepreneur magazine. We’ve built on what we’ve learned in the last 20+ years to create a new franchise opportunity that’s perfectly suited for how consumers live today.
Tailored Living featuring PremierGarage brings together two brands unrivaled in the home organization category.

Demand is high:

WE SPECIALIZE IN HOME ORGANIZATION SYSTEMS, INCLUDING CLOSETS, PANTRIES, MURPHY BEDS, GARAGE FLOORING AND GARAGE ORGANIZATION.

Veteran Incentives  10% off franchise and territory fees

"Top
#49 in Gator's Top franchises.

"Entrepreneur
#371 in Franchise 500 for 2020.
#359 in Franchise 500 for 2021.