Question 1

How much does it cost to open a Closet & Storage Concepts franchise?

Accepted Answer

The total initial investment for a Closet & Storage Concepts franchise ranges from $117K to $626K, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the Closet & Storage Concepts franchise fee?

Accepted Answer

The initial franchise fee for Closet & Storage Concepts is $50K.

Question 3

What are the net worth requirements for a Closet & Storage Concepts franchise?

Accepted Answer

Net worth requirements for Closet & Storage Concepts are specified in the Franchise Disclosure Document.

Question 4

Does Closet & Storage Concepts require a personal guarantee?

Accepted Answer

Yes, Closet & Storage Concepts requires a personal guarantee from franchisees. A spousal guarantee is also required.

Question 5

What equipment and inventory costs are involved with a Closet & Storage Concepts franchise?

Accepted Answer

Equipment costs for a Closet & Storage Concepts franchise range from $1K to $350K. Initial inventory costs range from $1K to $25K.