Concept Description
For more than 30 years, Closet & Storage Concepts has been creating custom closet designs, manufacturing, and installing custom closet solutions for closet storage, mudroom, pantry, laundry room, garage, home office and more.
We pride ourselves on the ability to listen to the client and determine their specific needs. During the complimentary consultation, we will measure your space, assess your wardrobe, and develop custom closet designs that give the client efficient and attractive solutions. From closet organization to a walk-in closet, our solutions are for all your closet storage needs.With a wide variety of melamine and laminate finishes to choose from, our closet systems are manufactured using 3/4″ “furniture grade” melamine laminate in our local facilities. Our closet systems are fully adjustable and can be easily changed or expanded to meet changing client needs.
Serving our customers is the number one goal of Closet & Storage Concepts. We don’t want our clients to be just satisfied. We want them to be thrilled. We work with residential clients as well as designers, builders, and architects to create innovative organization and storage solutions to some of the more challenging spaces we come across.With our attention to detail and lifetime warranty*, clients are guaranteed quality workmanship and top-of-the-line materials.Whether you’re doing a single closet or an entire home, Closet & Storage Concepts will be there from concept to completion of your custom closet design.
Unit Option
Single, Multiple
Background
FDD Franchised Units: 7
Corporate Owned Units: 4
Projected New Units: 1
Year Established: 1989
First Year Franchised: 1989
Type of Business: Franchise
Number of Employees: Medium (6-20)
Availability
Territories: United States
Financials
Liquidity: $100,000
*Investment Range: $116,550 - $626,050
Minimum Net Worth: $100,001 to $250,000
6 Month Cash: $10,001
Franchise Fee: $44,500
Royalty: 5%
Royalty Description: 5% of Gross Revenues
Advertising: Greater of 7% of monthly Gross Revenues or $2,500 per month
National Advertising: National (NAP): $300 per month - per store. Can be increased but will not exceed 2.5% of the previous calendar month’s Gross Revenues.
Passive Ownership: Semi- passive at onset (they can hire a manager to run business)
Passive Ownership means the owner is working 15 hours or less per week in the business.
Available Discounts
- Veterans
Discount Description: We offer qualified veteran franchise candidates a 25% reduction in the Initial Franchise Fee for their first Franchised Business. The applicable veteran must own 51% or more of the assets of the Franchised Business or of the business entity that is the Franchisee.
Training, Support and Assistance
Co-Operative Advertising: N/A
Site Selection Assistance: Available
Lease Negotiation Assistance: N/A
Length of Training: 4 weeks
Training Description:
- Session 1 – Initial Training – Corporate Office: Sales/Design & Store Operations 41 hours
- Session 2 – Initial Training – Corporate Office – Manufacturing & Installation 40 hours
- Session 3 – Initial Training – On Site – Manufacturing Setup 40 hours
- Session 4 – Initial Training – On Site – Sales & Design Field Training 40 hours
Financing Assistance: N/A
