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Closet Factory

Closet Factory has become a leading closet company franchise with locations throughout the United States. Our national network of Franchisees and our people are dedicated to creating the best custom closet organizers possible, and continue to be the leading innovator of truly custom home organization solutions.

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Closet Factory Franchise Cost and Requirements for 2024

Background

Own a Piece of Our Success

Over 30 years ago Closet Factory became a leader in the industry by promoting a floor-based closet system over conventional wall-suspended systems. We're still in that leadership position and all of our competitors attempt to follow in our footsteps. As the owner of a Closet Factory franchise, you stand to gain that position of leadership and benefit as we continually improve and innovate.

Other companies offer a floor-based system as well as simulated wood decorative treatments in their effort to keep up with us. However, no one offers as much as we do. We have found that style and fashion in this industry involves more than simply changing the color of pre-fabricated pieces-it is about having the largest range of product on the market. From melamine materials to custom stained or painted woods, no one comes close to the extent of our offerings. We understand that by catering to the tastes, needs and budgets of our clients, it is our customers who benefit. Each one can have what they want based on their own needs and desires.

Closet Factory's proprietary Designer Sales Training series provides you and your sales staff with all of the tools necessary to design and sell everything we offer. We have developed highly effective systems that cover every aspect of the business. Our ongoing operational, design, advertising and marketing support will help you build a robust business.

Your clients will continue to use your services for all areas of their home: closets, home offices, garage cabinets, entertainment centers, wall-beds, pantries, bookshelves, laundry rooms and more. They will also refer their friends and family to you. All of this is reason to consider building a future with us.
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Company Details

Established: 1983
First Unit Franchised: 1985
Franchised Units: 78
Company Owned Units: 6
States Registered In: All
Canada Franchises: Yes
International Franchises: No

Support and Training Offered By Closet Factory

Financial Assistance Provided: No
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Recruiting Assistance: Yes
Co-Operative Advertising: No
Training: Yes

2024 Franchise Requirements Needed to Own a Closet Factory Franchise.

What does a Closet Factory Franchise Cost?

Closet Factory franchise fees for 2024:

Cash Investment: $250,000
Total Investment: $344,500 - $611,500
Minimum Net Worth: $1,000,000
Franchise Fee: $58,500
Royalty: 6.75%
Average Number of Employees: 15
Item 19: Yes
SBA Approved: Yes
Passive Ownership: No
Home Based: No
B2B: No
Master Franchise Opportunities: No

Is Closet Factory a Semi Absentee Franchise with a Passive Ownership Opportunity?

No. Closet Factory is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.

Is Closet Factory a Home Based franchise?

No. Closet Factory is not a home based franchise opportunity.

What Do Closet Factory Franchise Owners Make?

Click here to find out how much Closet Factory franchisees make. Closet Factory offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is Closet Factory a Master Franchise Opportunity?

No. Closet Factory is not a master franchise opportunity.

Does Closet Factory Offer a Veteran Discount?

No. Closet Factory franchise does not offer a veteran discount.

Does Closet Factory Work with E2 Visa and EB-5 Visa Candidates?

No. Closet Factory franchise does not work with E2 Visa and EB-5 Visa candidates.

Is Closet Factory Looking for Franchisees in Canada?

Yes. Closet Factory franchise is looking for Canada franchisees.

Is Closet Factory Looking for International franchisees?

Yes. Closet Factory franchise is looking for International franchisees.

Where can I see Closet Factory's FDD (Franchise Disclosure Document)?

Buying a Franchise Guide: What is a Franchise Disclosure Document?

When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.

Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.

Additional Information

Additional Categories

Home Services, Non Food Franchises

Number of Units Open

50-100 UNITS

Cash Required

More than $250,000

Master Franchise

No

Passive Franchise

No

Home Based Franchise

No

Item 19 Franchise

Yes

Veteran Discount

No

B2B

No

Franchise Opportunities in Canada

Yes

International Franchise Opportunities

Yes

E2 Visa Franchise

No

Closet Factory Franchises for Sale

Click Here to inquire about existing Closet Factory franchises for sale. We may have Closet Factory franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

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Screenmobile, Magic Bubbles, You Move Me, NextGen Great Sealcoating, The Honey Do Service, Men In Kilts, EverLine Coatings, Weed Man Lawn Care, Premier Pools & Spas, Zoom Drain, Pillar to Post Home Inspection, Heaven's Best Carpet Cleaning, ProSource Wholesale, Casago, Amramp Accessibility

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.

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