Start-Up Costs and Fees |
||
| PatchMaster | Closet & Storage Concepts | |
| Investment | 27950 - 49800 | 96500 - 499000 |
| Franchise Fee | 0 | |
| Royalty Fee | 9%-5% | 5% |
| Advertising Fee | 1% | |
| Year Founded | 2016 | 1987 |
| Year Franchised | 2017 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| PatchMaster | Closet & Storage Concepts | |
| Experience | General business experience Marketing skills Strong sales background a plus | |
Financing Options |
||
| PatchMaster | Closet & Storage Concepts | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| PatchMaster | Closet & Storage Concepts | |
| 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 | 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 - 12 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| PatchMaster | Closet & Storage Concepts | |
| 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 | ||
| International Expansion | Canada, Mexico, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| PatchMaster | |
| Closet & Storage Concepts | |
| Franchise Fee | |
| PatchMaster | |
| Closet & Storage Concepts | |
| Royalty Fee | |
| PatchMaster | 9%-5% |
| Closet & Storage Concepts | 5% |
| Advertising Fee | |
| PatchMaster | 1% |
| Closet & Storage Concepts | |
| Year Founded | |
| PatchMaster | 2016 |
| Closet & Storage Concepts | 1987 |
| Year Franchised | |
| PatchMaster | 2017 |
| Closet & Storage Concepts | 2000 |
| Term Of Agreement | |
| PatchMaster | |
| Closet & Storage Concepts | 10 years |
| Renewal Fee | |
| PatchMaster | |
| Closet & Storage Concepts | Lesser of initial, current fee |
Business Experience Requirements |
|
| Experience | |
| PatchMaster | |
| Closet & Storage Concepts | General business experience Marketing skills Strong sales background a plus |
Financing Options |
|
| Franchise Fees | |
| PatchMaster | |
| Closet & Storage Concepts | |
| Start-up Costs | |
| PatchMaster | |
| Closet & Storage Concepts | |
| Equipment | |
| PatchMaster} | |
| Closet & Storage Concepts | |
| Inventory | |
| PatchMaster | |
| Closet & Storage Concepts | |
| Receivables | |
| PatchMaster | |
| Closet & Storage Concepts | |
| Payroll | |
| PatchMaster | |
| Closet & Storage Concepts | |
Training & Support |
|
| Training | |
| PatchMaster | |
| Closet & Storage Concepts | |
| Support | |
| PatchMaster | |
| Closet & Storage Concepts | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| PatchMaster | |
| Closet & Storage Concepts | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| PatchMaster | |
| Closet & Storage Concepts | 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 - 12 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| PatchMaster | 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 |
| Closet & Storage Concepts | |
| Canada Expansion | |
| PatchMaster | |
| Closet & Storage Concepts | |
| International Expansion | |
| PatchMaster | |
| Closet & Storage Concepts | Canada, Mexico, |