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Closettec
55 Carnegie Row
Norwood, MA 02062
800#: (800) 365-2021
Tel: (781) 769-9997
Fax: (781) 769-9996
E-Mail: [email protected]
Web Site: www.closettec.com
Contact: Mr. David Rogers, President
CLOSETTEC sells, manufactures and installs residential and commercial storage systems, using the finest melamine laminates and exclusive European hardware. We offer comprehensive training, field support, site selection, sales/marketing programs and on-going design assistance to every franchisee. Exclusive CAD and database programs.
Franchisor Background
Established: 1985
First Franchise: 1986
Franchise Units: 35
Company-Owned Units: 0
Total Units: 35
Distribution:
U.S. -- 35;
Canada -- 0;
International -- 0
-North America -- Operations in NR
-States/Provinces with Greatest Density: 4 in MA, 2 in NY, 2 in OH
Projected New Units Over Next 12 months: 2
Franchisee Qualifications: 4, 4, 2, 3, 3, 5
(Click here for an explanation)
Registered in Following Registration States: NR (Click here for an explanation)
Average Number of Employees: 3-5 FT (FT = Full Time, PT = Part Time)
Space Needs: 2,500-3,000 SF; Light Industrial
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $NR
Total Investment: $128-240K
Average Total Investment: $184.0K
Minimum Net Worth: $NR
Fees:
-Franchise: $30K
-Average Franchise Fee: $30.0K
-Royalty: 4.5%
-Average Royalty: 4.5%
-Advertising: NR
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 15/15
Passive Ownership: Discouraged
Area Development Agreements: No
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: No
Cooperative Advertising: No
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 9
On-Going Support: C,D,E,H,I (Click here for an explanation)
Training: 2 Weeks Norwood, MA.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: No
Overseas: No
Note: NR = No Response by Franchisor.
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