Closet Factory vs Neat Method Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Closet Factory vs Neat Method including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Closet Factory Franchise
Neat Method Franchise
Investment $208,500 - $356,000 $8,000 - $11,000
Franchise Fee $46,500 $5,000
Royalty Fee 6.75% -
Advertising Fee - -
Year Founded 1983 2017
Year Franchised 1985 2017
Term Of Agreement - -
Term Of Agreement - -
Renewal Fee - -


Business Experience Requirements

 
Closet Factory Franchise
Neat Method Franchise
Experience You are not required to have closet industry experience or even know how to use a hammer. Experience managing a business successfully or having a background in sales, management or marketing can be helpful. Closet Factory requires that the franchisee participate in the day-to-day management of the business; this is not an absentee ownership business. -

Financing Options

 
Closet Factory Franchise
Neat Method Franchise
  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

 
Closet Factory Franchise
Neat Method Franchise
Training Closet Factory provides you with a total of six weeks of training for you and your staff. Two weeks of franchisee training are provided at our corporate offices. During the grand opening of your location, our sales trainer will provide you and your staff with two weeks of on-site sales, design, and administrative training. In addition, our operations trainer will spend two weeks guiding the setup of your factory and training you and your operations staff basic in manufacturing and installation. You will be provided our entire library of training materials and have access to additional resources designed to enhance the performance of the business, including ClosetWare, our proprietary master control software that is used to run each element of a Closet Factory business. On-The-Job Training: 160 hours Classroom Training: 80 hours -
Support Our corporate staff guides and assists you as you need it. Our in-house graphics department advertising campaigns maintain the Closet Factory brand image. 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 -
Operations Absentee Ownership Allowed Number of Employees Required to Run: 6 -

Expansion Plans

 
Closet Factory Franchise
Neat Method Franchise
US Expansion - Yes
Canada Expansion - Yes
International Expansion - -

Start-Up Costs and Fees Mobile

Investment
Closet Factory Franchise
$208,500 - $356,000
Neat Method Franchise
$8,000 - $11,000
Franchise Fee
Closet Factory Franchise
$46,500
Neat Method Franchise
$5,000
Royalty Fee
Closet Factory Franchise
6.75%
Neat Method Franchise
-
Advertising Fee
Closet Factory Franchise
-
Neat Method Franchise
-
Year Founded
Closet Factory Franchise
1983
Neat Method Franchise
2017
Year Franchised
Closet Factory Franchise
1985
Neat Method Franchise
2017
Term Of Agreement
Closet Factory Franchise
-
Neat Method Franchise
-
Renewal Fee
Closet Factory Franchise
-
Neat Method Franchise
-


Business Experience Requirements

Experience
Closet Factory Franchise
You are not required to have closet industry experience or even know how to use a hammer. Experience managing a business successfully or having a background in sales, management or marketing can be helpful. Closet Factory requires that the franchisee participate in the day-to-day management of the business; this is not an absentee ownership business.
Neat Method Franchise
-

Financing Options

  In-House/3rd Party
Franchise Fees
Closet Factory Franchise
-/Yes
Neat Method Franchise
-/-
Start-up Costs
Closet Factory Franchise
-/Yes
Neat Method Franchise
-/-
Equipment
Closet Factory Franchise
-/Yes
Neat Method Franchise
-/-
Inventory
Closet Factory Franchise
-/Yes
Neat Method Franchise
-/-
Receivables
Closet Factory Franchise
-/Yes
Neat Method Franchise
-/-
Payroll
Closet Factory Franchise
-/Yes
Neat Method Franchise
-/-

Training & Support

Training
Closet Factory Franchise
Closet Factory provides you with a total of six weeks of training for you and your staff. Two weeks of franchisee training are provided at our corporate offices. During the grand opening of your location, our sales trainer will provide you and your staff with two weeks of on-site sales, design, and administrative training. In addition, our operations trainer will spend two weeks guiding the setup of your factory and training you and your operations staff basic in manufacturing and installation. You will be provided our entire library of training materials and have access to additional resources designed to enhance the performance of the business, including ClosetWare, our proprietary master control software that is used to run each element of a Closet Factory business. On-The-Job Training: 160 hours Classroom Training: 80 hours
Neat Method Franchise
-
Support
Closet Factory Franchise
Our corporate staff guides and assists you as you need it. Our in-house graphics department advertising campaigns maintain the Closet Factory brand image. 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
Neat Method Franchise
-
Marketing
Closet Factory Franchise
Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing
Neat Method Franchise
-
Operations
Closet Factory Franchise
Absentee Ownership Allowed Number of Employees Required to Run: 6
Neat Method Franchise
-

Expansion Plans

US Expansion
Closet Factory Franchise
-
Neat Method Franchise
Yes
Canada Expansion
Closet Factory Franchise
-
Neat Method Franchise
Yes
International Expansion
Closet Factory Franchise
-
Neat Method Franchise
-

Company Overviews

About Closet Factory

As a franchisee of Closet Factory, you have the advantage of having joined an innovative network with more than 25 years of in-home sales and franchising experience and the power of one of the industry's most admired and recognized brands. The Closet Factory brand resonates strongly with current and potential customers. Serving most major metropolitan areas throughout the United States, Closet Factory is the style and innovation leader in its market. Each franchise is an independent business. Your clientele will benefit by purchasing from a local, family run business that has been built with the experience and success of a national company. Our proven business platform, comprehensive training program, brand recognition, national support, and the most unique and stylish product line in the industry all contribute to a strong environment to succeed.

Seeking new franchise units throughout the U.S. , Australia/New Zealand, Canada   

"Entrepreneur
#388 in Franchise 500 for 2020.

About Neat Method

"Neat

NEAT Method is a lifestyle service committed to providing a more luxurious and smartly appointed living space. We recognize that life gets hectic and that maintaining an organized home can become a challenge. NEAT Method will design a customized solution that is not only effective but sustainable.
Expect an honest approach, a sharp eye for detail, and a personal sense of refined style. We believe that once your life is clutter free and well arranged, you will have a new appreciation for the importance of living NEAT.