Start-Up Costs and Fees |
||
| BrandPoint Services | The Closet Factory | |
| Investment | 0 - 0 | 208500 - 356000 |
| Franchise Fee | 0 | |
| Royalty Fee | 5.75% | |
| Advertising Fee | ||
| Year Founded | 0 | 1983 |
| Year Franchised | 0 | 1986 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| BrandPoint Services | The Closet Factory | |
| Experience | General business experience Marketing skills People skills | |
Financing Options |
||
| BrandPoint Services | The Closet Factory | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| BrandPoint Services | The Closet Factory | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | |
| Operations | International franchisees required to buy multiple units/master licenses; 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | |
Expansion Plans |
||
| BrandPoint Services | The Closet Factory | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| BrandPoint Services | |
| The Closet Factory | |
| Franchise Fee | |
| BrandPoint Services | |
| The Closet Factory | |
| Royalty Fee | |
| BrandPoint Services | |
| The Closet Factory | 5.75% |
| Advertising Fee | |
| BrandPoint Services | |
| The Closet Factory | |
| Year Founded | |
| BrandPoint Services | 0 |
| The Closet Factory | 1983 |
| Year Franchised | |
| BrandPoint Services | 0 |
| The Closet Factory | 1986 |
| Term Of Agreement | |
| BrandPoint Services | |
| The Closet Factory | 5 years |
| Renewal Fee | |
| BrandPoint Services | |
| The Closet Factory | $7K |
Business Experience Requirements |
|
| Experience | |
| BrandPoint Services | |
| The Closet Factory | General business experience Marketing skills People skills |
Financing Options |
|
| Franchise Fees | |
| BrandPoint Services | |
| The Closet Factory | |
| Start-up Costs | |
| BrandPoint Services | |
| The Closet Factory | |
| Equipment | |
| BrandPoint Services} | |
| The Closet Factory | |
| Inventory | |
| BrandPoint Services | |
| The Closet Factory | |
| Receivables | |
| BrandPoint Services | |
| The Closet Factory | |
| Payroll | |
| BrandPoint Services | |
| The Closet Factory | |
Training & Support |
|
| Training | |
| BrandPoint Services | |
| The Closet Factory | |
| Support | |
| BrandPoint Services | |
| The Closet Factory | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| BrandPoint Services | |
| The Closet Factory | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| BrandPoint Services | |
| The Closet Factory | International franchisees required to buy multiple units/master licenses; 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| BrandPoint Services | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| The Closet Factory | |
| Canada Expansion | |
| BrandPoint Services | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| The Closet Factory | |
| International Expansion | |
| BrandPoint Services | |
| The Closet Factory | |