Start-Up Costs and Fees |
||
| The Inspection Boys | The Closet Factory | |
| Investment | 35000 - 55000 | 208500 - 356000 |
| Franchise Fee | 0 | |
| Royalty Fee | 4-6% | 5.75% |
| Advertising Fee | 3% | |
| Year Founded | 0 | 1983 |
| Year Franchised | 0 | 1986 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| The Inspection Boys | The Closet Factory | |
| Experience | The basic requirements would include anyone with a sales background, former managers, former sales people, former business owners, former marketing executives, and anyone with mold remediation, asbestos abatement, home repair, or carpentry experience. | General business experience Marketing skills People skills |
Financing Options |
||
| The Inspection Boys | The Closet Factory | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| The Inspection Boys | The Closet Factory | |
| Training | Training is held in our HQ in New Jersey for 5 days. | |
| 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 Inspection Boys | 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| The Inspection Boys | |
| The Closet Factory | |
| Franchise Fee | |
| The Inspection Boys | |
| The Closet Factory | |
| Royalty Fee | |
| The Inspection Boys | 4-6% |
| The Closet Factory | 5.75% |
| Advertising Fee | |
| The Inspection Boys | 3% |
| The Closet Factory | |
| Year Founded | |
| The Inspection Boys | 0 |
| The Closet Factory | 1983 |
| Year Franchised | |
| The Inspection Boys | 0 |
| The Closet Factory | 1986 |
| Term Of Agreement | |
| The Inspection Boys | |
| The Closet Factory | 5 years |
| Renewal Fee | |
| The Inspection Boys | |
| The Closet Factory | $7K |
Business Experience Requirements |
|
| Experience | |
| The Inspection Boys | The basic requirements would include anyone with a sales background, former managers, former sales people, former business owners, former marketing executives, and anyone with mold remediation, asbestos abatement, home repair, or carpentry experience. |
| The Closet Factory | General business experience Marketing skills People skills |
Financing Options |
|
| Franchise Fees | |
| The Inspection Boys | |
| The Closet Factory | |
| Start-up Costs | |
| The Inspection Boys | |
| The Closet Factory | |
| Equipment | |
| The Inspection Boys} | |
| The Closet Factory | |
| Inventory | |
| The Inspection Boys | |
| The Closet Factory | |
| Receivables | |
| The Inspection Boys | |
| The Closet Factory | |
| Payroll | |
| The Inspection Boys | |
| The Closet Factory | |
Training & Support |
|
| Training | |
| The Inspection Boys | Training is held in our HQ in New Jersey for 5 days. |
| The Closet Factory | |
| Support | |
| The Inspection Boys | |
| The Closet Factory | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| The Inspection Boys | |
| The Closet Factory | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| The Inspection Boys | |
| 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 | |
| The Inspection Boys | 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 | |
| The Inspection Boys | |
| The Closet Factory | |
| International Expansion | |
| The Inspection Boys | |
| The Closet Factory | |