Question 1

How many Closet & Storage Concepts franchise locations are there?

Accepted Answer

Closet & Storage Concepts currently has 11 total units, including 7 franchised locations and 4 company-owned locations.

Question 2

Is the Closet & Storage Concepts franchise system growing or shrinking?

Accepted Answer

Closet & Storage Concepts has experienced negative net growth of -8.3% over the past year, with a 3-year compound annual growth rate (CAGR) of -2.9%.

Question 3

What is the franchise vs. company-owned ratio for Closet & Storage Concepts?

Accepted Answer

Closet & Storage Concepts has a franchise ratio of 64%, meaning 64% of all units are franchisee-owned.

Question 4

How many Closet & Storage Concepts franchise units have opened and closed recently?

Accepted Answer

In the most recent reporting year (2024), Closet & Storage Concepts had 0 units opened and 1 units closed.