Closets By Design Franchise
Tuesday, April 27, 2010 at 09:45AM Custom closets, entertainment centers and shelving for offices and garages
Since 1982, Closets By Design has been installing custom closets, garage organizers, entertainment centers and home office systems. Franchise business owners manufacture all products and handle installation.
All Closets By Design franchise business owners are owner/operators.
Start-up Costs & Franchises Fees
What is the total cost to open a Closets By Design Franchises?
Total Cost: $98,500-$340,900
Total Franchise Fees: $24,500-$39,900
Ongoing Royalty Fees: 6%
Ongoing Advertising Fees:
Term of Agreement: 5 years
Franchise Agreement Renewal Fee: $5K waived if meet sales req.
Contact Information for Closets By Design
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Closets By Design Franchising |
Phone Number: (310)965-2040 |
Closets By Design In the Press
No results at this time.Historical Expansion
In what year did Closets By Design begin operations? 1982
When did Closets By Design begin selling franchises? 1998
Year United States Canada International Corporate 2005 34 0 0 7 2004 34 0 0 7 2003 36 0 0 8 2002 37 0 0 8 2001 27 0 0 8
Future Expansion
United States: Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming,
Countries of Interest: Asia,
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No Yes Initial Start-up Capital No Yes Plant, Property, and Equipment No Yes Inventory No Yes Accounts Receivable No No Payroll No No
Training & Support
Support
In the Pressletter, Meetings, Toll free phone number, Grand opening support, Internet referrals, Safety and Security procedures, Field support and site evaluation, Purchasing cooperatives
Marketing
Cooperative advertising, Ad slicks, National media, Regional advertising support
Franchise Operation Restrictions
30% of all franchise business owners own more than one franchise location.Number of employees needed to run franchised unit: 5
Absentee ownership of this franchise business is not available to new franchisees. (100% of current franchise business owners are owner/operators)
Qualifications & Business Experience
Business Experience:
General business experience Sales & marketing experience
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes