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Updated RecentlyStor-X Organizing Systems vs Tailored Living Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Stor-X Organizing Systems vs Tailored Living including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $50,000 - $100,000 | $172,930 - $284,295 |
| Franchise Fee | N/A | $14,950 |
| Royalty Fee | - | $300-$2K/mo. |
| Advertising Fee | - | $500/mo. |
| Year Founded | 1987 | 2006 |
| Year Franchised | 1987 | 2006 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| 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 | Yes/- |
| Start-up Costs | No/No | -/Yes |
| Equipment | No/No | -/Yes |
| Inventory | No/No | -/Yes |
| Receivables | No/No | -/Yes |
| Payroll | No/No | -/Yes |
Training & Support |
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| Training | - | *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 | - | 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 | - | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | - | Absentee Ownership Allowed Number of Employees Required to Run: 2 |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | Yes |
| International Expansion | - | - |
Company Overviews
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.
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:
- Sales of garage organization products are expected to post the fastest gains, rising 5.5% per year through 2015*
- Home organization product demand is projected to increase 3.6% annually to $8.6 billion from 2008 to 2015*
WE SPECIALIZE IN HOME ORGANIZATION SYSTEMS, INCLUDING CLOSETS, PANTRIES, MURPHY BEDS, GARAGE FLOORING AND GARAGE ORGANIZATION.
- We are a low investment, home-based business, with no storefront, no inventory, low overhead
- Find out about exclusive territories in your area
- Our franchisees receive extensive training and support from industry experts
- Proprietary D’VinciTM CAD software helps your customers envision their rooms before they’re built.
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