What does a The Closet Trading Company Franchise Cost?
The Closet Trading Company franchise fees for 2024:
Cash Investment: $65,000
Total Investment: $175,000
Minimum Net Worth: $150,000
Franchise Fee: $40,000
Royalty: 5%
Ad: 1%
Average Number of Employees: 4
Item 19: Yes
Visa Candidates: No
Passive Ownership: No
Home Based: No
B2B: No
Master Franchise Opportunities: No
Veteran Discount: No
Is The Closet Trading Company a Semi Absentee Franchise with a Passive Ownership Opportunity?
No. The Closet Trading Company 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 The Closet Trading Company a Home Based franchise?
No. The Closet Trading Company is not a home based franchise opportunity.
What Do The Closet Trading Company Franchise Owners Make?
Click here to find out how much The Closet Trading Company franchisees make. The Closet Trading Company offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.
Is The Closet Trading Company a Master Franchise Opportunity?
No. The Closet Trading Company is not a master franchise opportunity.
Does The Closet Trading Company Offer a Veteran Discount?
No. The Closet Trading Company franchise does not offer a veteran discount.
Does The Closet Trading Company Work with E2 Visa and EB-5 Visa Candidates?
No. The Closet Trading Company franchise does not work with E2 Visa and EB-5 Visa candidates.
Is The Closet Trading Company Looking for Franchisees in Canada?
No. The Closet Trading Company franchise is not looking for Canada franchisees.
Is The Closet Trading Company Looking for International franchisees?
No. The Closet Trading Company franchise is not looking for International franchisees.
Where can I see The Closet Trading Company'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.