Question 1

Does Closet & Storage Concepts franchise offer exclusive territory?

Accepted Answer

Closet & Storage Concepts offers Exclusive territory protection to its franchisees. This means no other franchisee can open in your designated area.

Question 2

What is the Closet & Storage Concepts franchise agreement term length?

Accepted Answer

The initial franchise agreement term for Closet & Storage Concepts is 10 years. Franchisees may renew up to 1 time for 10-year periods. The total potential term is 20 years.

Question 3

What is the non-compete clause for Closet & Storage Concepts franchise?

Accepted Answer

The Closet & Storage Concepts franchise non-compete clause extends for 2 years within a 20-mile radius after termination or expiration of the franchise agreement.

Question 4

Can you transfer or sell a Closet & Storage Concepts franchise?

Accepted Answer

Yes, Closet & Storage Concepts allows franchise transfers, subject to franchisor approval and conditions outlined in the agreement. A transfer fee of $24,750 applies.