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Below is an in-depth analysis and side-by-side comparison of PremierGarage 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 | $129,950 - $408,000 | $50,000 - $100,000 |
Franchise Fee | $35,000 - $75,000 | N/A |
Royalty Fee | $3.5K-7.5K/yr. | - |
Advertising Fee | - | - |
Year Founded | 1999 | 1987 |
Year Franchised | 2002 | 1987 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal 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/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 | - | - |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
THE LARGEST BRAND WITH THE WIDEST REACH
In 2010, Tailored Living and PremierGarage formed a strategic partnership to create the largest whole-home and garage organization franchise in the nation. PremierGarage’s brand recognition and reputation in the garage industry made them the ideal partner. In 2011, Tailored Living acquired the PremierGarage® brand name.
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.