Start-Up Costs and Fees |
||
| The Closet Factory | United Water Restoration | |
| Investment | 208500 - 356000 | 159342 - 441874 |
| Franchise Fee | 0 | |
| Royalty Fee | 5.75% | |
| Advertising Fee | $3,000/mo or 2% | |
| Year Founded | 1983 | 2008 |
| Year Franchised | 1986 | 2015 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| The Closet Factory | United Water Restoration | |
| Experience | General business experience Marketing skills People skills | |
Financing Options |
||
| The Closet Factory | United Water Restoration | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| The Closet Factory | United Water Restoration | |
| Training | Comprehensive training program. | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Handpicked, trained and certified staff. 24/7 technical field support. |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Top restoration franchise sales and marketing programs. |
| 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 | United Water Restoration | |
| 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 | Worldwide, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| The Closet Factory | |
| United Water Restoration | |
| Franchise Fee | |
| The Closet Factory | |
| United Water Restoration | |
| Royalty Fee | |
| The Closet Factory | 5.75% |
| United Water Restoration | |
| Advertising Fee | |
| The Closet Factory | |
| United Water Restoration | $3,000/mo or 2% |
| Year Founded | |
| The Closet Factory | 1983 |
| United Water Restoration | 2008 |
| Year Franchised | |
| The Closet Factory | 1986 |
| United Water Restoration | 2015 |
| Term Of Agreement | |
| The Closet Factory | 5 years |
| United Water Restoration | |
| Renewal Fee | |
| The Closet Factory | $7K |
| United Water Restoration | |
Business Experience Requirements |
|
| Experience | |
| The Closet Factory | General business experience Marketing skills People skills |
| United Water Restoration | |
Financing Options |
|
| Franchise Fees | |
| The Closet Factory | No |
| United Water Restoration | No |
| Start-up Costs | |
| The Closet Factory | |
| United Water Restoration | |
| Equipment | |
| The Closet Factory} | |
| United Water Restoration | |
| Inventory | |
| The Closet Factory | |
| United Water Restoration | |
| Receivables | |
| The Closet Factory | |
| United Water Restoration | |
| Payroll | |
| The Closet Factory | |
| United Water Restoration | |
Training & Support |
|
| Training | |
| The Closet Factory | |
| United Water Restoration | Comprehensive training program. |
| Support | |
| The Closet Factory | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| United Water Restoration | Handpicked, trained and certified staff. 24/7 technical field support. |
| Marketing | |
| The Closet Factory | Co-op advertising, Ad slicks, National media, Regional advertising |
| United Water Restoration | Top restoration franchise sales and marketing programs. |
| 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) |
| United Water Restoration | |
Expansion Plans |
|
| US Expansion | |
| The Closet Factory | |
| United Water Restoration | 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 | |
| United Water Restoration | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| The Closet Factory | |
| United Water Restoration | Worldwide, |