The Closet Factory Franchise

Installer of custom closets, entertainment centers, pantries and shelving for offices and garages

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John LaBarbera founded The Closet Factory in a small industrial space in Los Angeles in 1983. The company started out with six employees customizing closets, offices, garages and pantries, and now has more than 100 employees at its Los Angeles headquarters. There are also 11 other factories around the world. The Closet Factory works with homeowners, contractors and interior decorators, installing closets, entertainment centers, pantries and shelves for offices and garages. You are unique and so are your needs. No one knows that better than The Closet Factory. When it comes to creating custom solutions that are imaginative, well organized and satisfy your design sensibilities, The Closet Factory believes the process must begin with a partnership between you and one of our designers.

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$129.55 USD
+0.25 (+0.20%)
$129.55
$129.55


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Please Note: The operators of The Closet Factory, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official The Closet Factory website.

How much does it cost to open a The Closet Factory Franchise ?

The investment required to open a The Closet Factory Franchise is between $208,500 - $356,000 . There is an initial franchise fee of $46,500 which grants you the license to run a business under the The Closet Factory name.

Individual Franchise Costs

  • Initial Investment:
    $208,500 -
  • Initial Franchise Fee:
    $46,500
  • Royalty Fee:
    5.75%
  • Term of Agreement:
    5 years
  • Renewal Fee:
    $7K

Expense In-House Third Party
Franchise Fee No No
Startup Costs No Yes
Equipment No Yes
Inventory No Yes
Accounts Receivable No No
Payroll No No

Support
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives

Marketing
Co-op advertising, Ad slicks, National media, Regional advertising

The Closet Factory Growth History

When did the first The Closet Factory open? 1983
When did The Closet Factory start Franchising ? 1986

Year U.S.A. Canada International Corporate
2005 75 2 4 15
2004 87 0 9 24
2003 81 0 9 27
2002 81 0 9 27
2001 81 0 9 27

International franchisees required to buy multiple units/master licenses; 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)

General business experience Marketing skills People skills


How much does a The Closet Factory Franchise owner make?

How much money you could make as a The Closet Factory Franchise owner depends on a wide variety of factors. As a business owner, your primary goals are to strive for high sales while keeping your oper_ating costs as low as possible while still maintaining quality products and service. The monthly oper_ating costs that you will incur as a The Closet Factory Franchise owner may include royalty fees, rent or mortgage, staffing, products, supplies, utilities, administrative costs and other things. Although your monthly oper_ating costs may vary from month to month, your start up costs are typically fixed and they will cover the majority of your initial oper_ating equipment, signage, and renovations.

Initial Investment
$46,500 - $356,000
Initial Franchise Fee
$46,500
Royalty Fee
5.75%
Term of Agreement
5 years
Renewal Fee
$7K
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Legal Disclaimer: This information is not a franchise offering for The Closet Factory and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing a The Closet Factory franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.