Start-Up Costs and Fees |
||
| The Closet Factory | Honest Abe Roofing | |
| Investment | 208500 - 356000 | 98471 - 330285 |
| Franchise Fee | 0 | |
| Royalty Fee | 5.75% | |
| Advertising Fee | ||
| Year Founded | 1983 | 2017 |
| Year Franchised | 1986 | 2017 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| The Closet Factory | Honest Abe Roofing | |
| Experience | General business experience Marketing skills People skills | |
Financing Options |
||
| The Closet Factory | Honest Abe Roofing | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| The Closet Factory | Honest Abe Roofing | |
| 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 |
||
| The Closet Factory | Honest Abe Roofing | |
| 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 |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| The Closet Factory | |
| Honest Abe Roofing | |
| Franchise Fee | |
| The Closet Factory | |
| Honest Abe Roofing | |
| Royalty Fee | |
| The Closet Factory | 5.75% |
| Honest Abe Roofing | |
| Advertising Fee | |
| The Closet Factory | |
| Honest Abe Roofing | |
| Year Founded | |
| The Closet Factory | 1983 |
| Honest Abe Roofing | 2017 |
| Year Franchised | |
| The Closet Factory | 1986 |
| Honest Abe Roofing | 2017 |
| Term Of Agreement | |
| The Closet Factory | 5 years |
| Honest Abe Roofing | |
| Renewal Fee | |
| The Closet Factory | $7K |
| Honest Abe Roofing | |
Business Experience Requirements |
|
| Experience | |
| The Closet Factory | General business experience Marketing skills People skills |
| Honest Abe Roofing | |
Financing Options |
|
| Franchise Fees | |
| The Closet Factory | No |
| Honest Abe Roofing | No |
| Start-up Costs | |
| The Closet Factory | |
| Honest Abe Roofing | |
| Equipment | |
| The Closet Factory} | |
| Honest Abe Roofing | |
| Inventory | |
| The Closet Factory | |
| Honest Abe Roofing | |
| Receivables | |
| The Closet Factory | |
| Honest Abe Roofing | |
| Payroll | |
| The Closet Factory | |
| Honest Abe Roofing | |
Training & Support |
|
| Training | |
| The Closet Factory | |
| Honest Abe Roofing | |
| Support | |
| The Closet Factory | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Honest Abe Roofing | |
| Marketing | |
| The Closet Factory | Co-op advertising, Ad slicks, National media, Regional advertising |
| Honest Abe Roofing | |
| Operations | |
| 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) |
| Honest Abe Roofing | |
Expansion Plans |
|
| US Expansion | |
| The Closet Factory | |
| Honest Abe Roofing | 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 | |
| The Closet Factory | |
| Honest Abe Roofing | |
| International Expansion | |
| The Closet Factory | |
| Honest Abe Roofing | |