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Below is an in-depth analysis and side-by-side comparison of 3 Day Closets 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 | $124,000 - $194,000 | $172,930 - $284,295 |
Franchise Fee | N/A | $14,950 |
Royalty Fee | - | $300-$2K/mo. |
Advertising Fee | - | $500/mo. |
Year Founded | 2001 | 2006 |
Year Franchised | 2008 | 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 | -/- | Yes/- |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/Yes |
Payroll | -/- | -/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 |
Canada Expansion | - | Yes |
International Expansion | - | - |
Sales of Home Organized products in the United States for 2008 will be over $7 Billion and will rise to $8.6 Billion by 2011.* Be part of this tremendous growth industry! 3 Day Closets started in 2001 and has quickly set itself apart from the typical closet companies. To be competitive in this industry, we have positioned ourselves to be unique in the following ways: * Sale on value, not on price (show the customer more value) * Use the laptop as a design tool (more professional look to drawings) * Unique look (drawer unit with hutch, rounded corners on drawer face and doors) * Quick turnaround (installed shortly after ordering) * Lower overhead (quicker to profits) A 3 Day Closet franchise requires a minimum investment of $127,400 to $194,000. The best franchise owner will be hardworking, self-motivated with solid business experience and proven sales skills. You should enjoy working with customers and have a talent for delivering more than is expected. This is your opportunity. Please contact us and we will be glad to send more information.
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: