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Closets By Design

Closets By Design, founded in 1982, is a […]

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Franchise Costs and Requirements

Franchise Details

Year Established: 1982
Category Locations: N/A
Available Ownership Type: N/A
Corporate HQ City:
Corporate HQ State:
Investment Range: $152,000
Canada Franchising: Yes
Latin America Franchising: Yes
India Franchising: Yes
Royalty Percentage: 6.75%%
Veteran Discount: Yes
E2/EB5 Visas: Yes
Master Franchise Opportunities: Yes

Background

About Closets By Design Franchises

Closets By Design, founded in 1982, is a leading provider of custom-designed storage solutions for homes and businesses. They specialize in creating beautiful and functional closets, home offices, garage cabinets, and entertainment centers. As a franchisee, you'll be responsible for manufacturing, installing, and selling these products in your designated territory.

Closets By Design has been franchising since 1998 and has grown to over 50 franchises across the United States and Canada. The company is known for its high-quality products, strong brand recognition, and proven business model.

Why Choose a Closets By Design Franchise?

Established Brand and Reputation

Closets By Design has a solid reputation for providing exceptional products and services. This means customers are familiar with the brand and trust its quality, making it easier for you to build your own successful business.

Proprietary Customer Relationship Management System

The company provides a proprietary CRM system to help you manage your customers and streamline your operations. This valuable tool can help you keep track of leads, manage appointments, and track sales.

Exclusive Territories

Closets By Design offers exclusive territories to its franchisees, meaning you'll be the only franchise owner in your designated area. This gives you a protected market and the potential for significant growth.

Scalable Business Model

The business model is designed to be scalable. You can start with a small team and expand your operations as your business grows. This allows you to control your investment and manage your growth at your own pace.

What to Expect as a Closets By Design Franchisee

Financial Requirements

To become a Closets By Design franchisee, you'll need to meet certain financial requirements. This includes an initial investment, which covers the franchise fee, startup costs, and working capital. There are also ongoing fees, such as advertising, royalty, and potential renewal fees. You'll also need to meet the company's minimum net worth and liquid capital requirements.

Financing Options

Closets By Design may offer in-house financing to help cover costs such as accounts receivable, inventory, and payroll. They also have relationships with third-party lenders who can provide financing for startup costs, franchise fees, and equipment.

Training and Support

You'll receive comprehensive training to prepare you for running your own franchise. This includes classroom training on the company's products, services, and business model, as well as on-the-job training to learn the practical aspects of the business.

The company provides ongoing support to help you succeed. This includes:

  • Weekly newsletters
  • Meetings and conventions
  • Lease negotiation support
  • Field operations assistance
  • Site selection guidance
  • Grand opening support
  • Toll-free support line
  • Online support resources
  • Company intranet platform
  • Marketing support, including ad templates, regional advertising, co-op advertising, national media, SEO, website development, email marketing, and more.

Next Steps for Potential Franchisees

If you're interested in learning more about owning a Closets By Design franchise, take these steps:

  • Conduct your due diligence. Research the company and speak with existing franchisees to learn about their experiences.
  • Assess the market in your local area. Determine if there is a demand for custom storage solutions and if there is room for a new Closets By Design franchise to succeed.
  • Contact Closets By Design. Request information about the franchise opportunity and discuss your qualifications with a franchise representative.

Support & Training offered by Closets By Design

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Additional Information

Category Location N/A
Number of Units Open 83 (as of 2023)
Investment Range $152,000 - $507,000
Master Franchise N/A
Home based franchise YES
Item 19 Franchise YES
Veteran Discount YES
Franchise Opportunities in Canada YES
International Franchise Opportunities
E2/EB5 Visa Franchise YES
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