FAQs
How much is the initial franchise fee? $46,500 What is the recommended liquid assets reserve? You should have approximately $100,000 cash available to you How long has Closet Factory been in business? Since February of 1983 and we’ve been franchising since 1985. Who is the Closet Factory customer? Predominately, our customer is the end user – the home owner, although increasing numbers of builders, contractors, and interior designers do use us to satisfy their client’s needs. Do you do anything else besides closets? Yes, we offer a broad range of home storage & organization products including home offices, entertainment centers, laundry rooms, pantries, kid’s rooms and garages. We do not do kitchens or baths. Do I need special software to keep track of my business? You will use Closet Factory’s proprietary database program for keeping track of your clients and their jobs. Financial records are tracked with QuickBooks. I would like even more information – how do I get it? Please contact us, request our Initial Inquiry Package, complete the included Preliminary Qualifications Questionnaire and send it to us. We will only provide additional, specific details to those qualified candidates who have submitted a completed Preliminary Qualifications Questionnaire. What is the average start-up cost? From $182,500 to $310,000 – which includes the franchise fee Is training available? Yes, you are given 10 business days of initial training and an additional 20 business days of training during your grand opening (click HERE for details). Training manuals and other materials are also available. Is this a “turn-key” business? Yes, but only in the sense that you do not have to develop your own marketing materials, processes, procedures, training materials, and so on. You have to hire your own personnel, find a location, and do all of the tasks associated with opening and running this franchised business. |
Request a Free Design Consultation with a Closet Factory Designer or call 800-634-9000. Find a location near you.
