Closets by Design

Overview

Website: www.closetsbydesign.com

Franchise Fee: $20,000

Royalties: 7.25%

Cash Investment: $200,000

Total Investment: $154,000 - $511,000

Net Worth: $500,000

VetFran: Yes

SBA Approved: Yes

Master Franchise / Area Developer Opportunity: No

Additional Details

Closets
By Design franchisees design, sell, manufacture, and install all of their products.
By using state-of-the-art equipment our franchisees offer solutions for closets,
garage organizers, entertainment centers, and in-home office systems. Closets
By Design has a 40 year history of success. Our proven business model allows
people to be in business for themselves, not by themselves.
WHY Closets by Design?
A 40 year history of success
Established and proven business operating practices
On-going support
Proven marketing and advertising programs
Exclusive, prime operating territories still available
Cash collection before delivery
Closets by Design Management System-computer management system to assist
in daily operations
Selected as the #1 Franchise by Entrepreneur Magazine
OUR IDEAL FRANCHISEE
Management and Leadership skills
Owner operator
No woodworking or manufacturing experience necessary
AVAILABLE MARKETS
US markets available: See Available Territories document
HOT Regions/Desirable: All available territories
NOT available: See Available Territories document
Available in Canada: Yes
International Referrals: Yes
BACKGROUND
Year founded: 1982
Year Franchised: 1998
Number of franchises currently operating: 82
Number of International franchises currently operating: 6
Number of corporate owned franchises: 6
Projected New Units (12 months): 15
Home Based: No
Absentee ownership available: No
Semi-Absentee ownership available: No
Accepting Master Franchisor and Area Developer Referrals: No
Average number of employees required: 8-45
E2 Visa Friendly: Case by case basis
FINANCIAL DETAILS
Franchise Fee: Single: $20,000 Franchise Fee + $1,000/10,000 HH territory fee
Providing earnings guidance in Item 19 in FDD: Yes
Total investment range: Single Unit: $154,000 - $511,000
Net worth requirement: $500,000
Royalty: 7.25%
Additional fees: 2.25% National Ad Fund Fee
Financial assistance available: No
VetFran program: Yes
SUPPORT & TRAINING PROVIDED
Training and support program details:
5 weeks total (2 @ corporate headquarters, 3 on-site at franchisee location). Additional as required.
Cost for Training: $0
Lodging and airfare included: No
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Mentor following training: Yes
Length of mentoring Franchisee: Ongoing
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Why Closets by Design?

Our Ideal Franchisee

Available Markets

Background

Year founded: 1982

Year Franchised: 1998

Home Based: No

Financial Details

Franchise Fee:$20,000
Providing Earnings Guidance in Item 19 in FDD:Yes
Total Investment Range: Single Unit: $154,000 - $511,000
Net Worth Requirement:$500,000
Royalty:7.25%
VetFran Program:Yes

Available Resales

There are currently no resales listed for this franchise.

Support & Training Provided

Training and support program details: