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Below is an in-depth analysis and side-by-side comparison of Closet Tailors vs Garage 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 | $40,000 - $150,000 | $236,750 - $313,500 |
Franchise Fee | N/A | $60,000 |
Royalty Fee | - | 6.5% |
Advertising Fee | - | 6% Local + 2% Nat'l |
Year Founded | - | - |
Year Franchised | - | - |
Term Of Agreement | - | 5 years +5+5+5 |
Term Of Agreement | - | 5 years +5+5+5 |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | Garage Living franchise owners are not required to have prior construction or remodeling industry experience, but it can be helpful to understand the basics of running a business like ours. In fact, we welcome the opportunity to open a dialogue with existing similar or complementary home improvement businesses who wish to add the Garage Living system to their current operations. In general, we are seeking franchise candidates who have good communications and customer service skills, a strong work ethic, and a dedication to the local community. A solid understanding of business management is also important, and sales skills are also helpful. We expect that franchise owners have adequate capital to invest in the business, and we also expect franchise owners to be directly involved in the daily operations of the franchise business. But regardless of your background, we will provide the training and tools you need to run your Garage Living franchise effectively. |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | Two weeks of comprehensive training so you'll know this business inside and out. | Pre-Opening Training: including classroom and hands-on exercises, plus on-site training with a Garage Living representative at your location. |
Support | Closet Tailors franchisees receive comprehensive support from an experienced team of professionals. Our parent company, Home Franchise Concepts™, has offered its Budget Blinds franchisees unparalleled support, helping to lead the brand to number one in its category. As your partners, we make it easy to get your home-based business running smoothly.
Training Exclusive Territory Personal Business Representative Workshops Online and Toll-free Phone Support CAD Software | Ongoing Support: including updates, remote assistance, refresher training programs and business planning meetings. |
Marketing | We make it easy with our local marketing tools. You'll get customizable and professional looking creative, such as newspaper ads, flyers, postcards, door hangers, yard signs, brochures and more to leverage the Closet Tailors national brand in your market. | Marketing Assistance: including a professionally-developed library of project photographs (before and after), customizable marketing materials, online tools, and more. |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
NO LONGER FRANCHISING
Tailored Living began operation in 2010 when HFC combined two established brands, Closet Tailors and Premier Garage, into a new company.
Closet Tailors was the perfect opportunity to get into the home improvement industry with the people that do it best. Closet Tailors was created by Home Franchise Concepts, whose founders are the same visionaries that brought you the #1 franchise in custom window coverings 10 ten years running, Budget Blinds*. Our vision was to create a strong national brand through a multimillion-dollar national ad campaign and marketing tools that reach customers on a local level. We were seeking motivated, innovative individuals who want to take their career to the next level. This was your chance to get in on an outstanding opportunity.