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Below is an in-depth analysis and side-by-side comparison of 3 Day Closets vs GarageExperts 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 | $51,414 - $143,992 |
Franchise Fee | N/A | $15,000 |
Royalty Fee | - | $500-$1.8K/mo. |
Advertising Fee | - | $500/mo. |
Year Founded | 2001 | 2008 |
Year Franchised | 2008 | 2008 |
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 | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | Classroom Training: 26.75 hours |
Support | - | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
Marketing | - | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations | - | Number of Employees Required to Run: 2 - 8 |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | Yes |
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.
Garage Experts™ is positioned to provide the services needed by homeowners who are updating or enhancing their garages every day. A Racor Home Storage Products 2013 study indicates that of the approximately 67-million garage owners, 63 percent have a two-car garage. Several factors account for the fast-paced growth in garage storage products, including homeowner requests for “man caves,” complete garage makeovers, and storage space for tools and hobby equipment.