|
Below is an in-depth analysis and side-by-side comparison of Kwik Kloset vs ShelfGenie including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $35,000 | $59,600 - $109,500 |
Franchise Fee | $25,000 | $33,175 - $39,500 |
Royalty Fee | - | 5% |
Advertising Fee | - | 2% |
Year Founded | 2003 | 2000 |
Year Franchised | 2005 | 2008 |
Term Of Agreement | - | 5 years +5+5+5 |
Term Of Agreement | - | 5 years +5+5+5 |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/Yes |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/Yes |
Payroll | -/- | -/Yes |
Training & Support |
||
Training | - | Classroom Training: 64 hours |
Support | - | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software |
Marketing | - | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Email marketing |
Operations | - | Average Number of Employees: 0 Full-time, 4 Part-time Passive Ownership: Allowed, But Discouraged |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | No | Yes |
International Expansion | No | - |
Kwik Kloset offers an exciting new approach to the burgeoning home organization business. Bringing together our low-overhead home-based business model, an innovative mobile closet installation vehicle, and our one point of contact "Spaceman" concept, only Kwik Kloset offers their customers cost-effective, same-day closet design and installation services. If you're comfortable with new people, handy around the house, and can use a computer, Kwik Kloset is the opportunity you've been looking for!