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Closet Factory

Closet Factory, founded in 1983, is a leader […]

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Franchise Costs and Requirements

Franchise Details

Year Established: 1983
Category Locations: N/A
Available Ownership Type: N/A
Corporate HQ City:
Corporate HQ State:
Investment Range: $301,500
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 Closet Factory Franchises

Closet Factory, founded in 1983, is a leader in the custom closet and storage industry. They've built a reputation for high-quality craftsmanship and innovative designs. Since 1985, they've expanded through franchising, with nearly 70 locations across the United States.

Why Choose a Closet Factory Franchise?

Closet Factory's strong brand recognition and focus on personalized storage solutions make it a popular choice for homeowners. They offer unique value propositions that cater to individual needs and styles. By becoming a Closet Factory franchisee, you can contribute to customer's lives by providing organized and efficient storage solutions.

What Makes a Closet Factory Franchise a Good Fit?

Closet Factory is consistently recognized as a top franchise opportunity in the home improvement industry. Entrepreneur magazine has included them in their Franchise 500 list multiple times. This ranking is based on a thorough evaluation of various factors, including franchise support, brand strength, and financial stability.

Before diving into a Closet Factory franchise, conduct thorough market research to understand your local customer needs and potential competition. This can help you make informed decisions regarding location selection.

Be prepared to make a financial investment in a Closet Factory franchise. This includes a franchise fee, net worth requirement, and cash requirement. A royalty fee is also part of the franchise agreement. The standard franchise term is five years, with the option to renew if your business is successful.

How to Open a Closet Factory Franchise

As you explore the Closet Factory franchise opportunity, you'll learn about the company and its research. You'll also receive a Franchise Disclosure Document to review.

If you're selected as a franchisee, you'll participate in training at the company headquarters in Los Angeles, California. The training program includes approximately 50 hours of classroom instruction and 40 hours of on-the-job training. You'll need to hire about six employees to operate your franchise, so this preparation is essential.

Closet Factory provides ongoing support to franchisees, including operational and marketing assistance. This ongoing support ensures that you have the resources you need to succeed. By becoming a Closet Factory franchisee, you can leverage the brand's strong reputation and contribute to their ongoing success in the custom closet industry.

Support & Training offered by Closet Factory

Additional Information

Category Location N/A
Number of Units Open 77 (as of 2023)
Investment Range $301,500 - $512,000
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
The Franchise Yellow Pages (FYP) is an internationally recognized franchise information site. FYP supports business owners through the process of identifying and investing in franchise businesses. FYP showcases thousands of franchise brands for educational purposes. We do not represent all franchises listed here. By clicking on “Request Free Information” and “Request a Consultation,” you are agreeing to be contacted by a Franchise Consultant to discuss franchise ownership.
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