Question 1

How many The Closet Factory franchise locations are there?

Accepted Answer

The Closet Factory currently has 92 total units, including 86 franchised locations and 6 company-owned locations.

Question 2

Is the The Closet Factory franchise system growing or shrinking?

Accepted Answer

The Closet Factory has experienced positive net growth of +9.5% over the past year, with a 3-year compound annual growth rate (CAGR) of +4.8%.

Question 3

What is the franchise vs. company-owned ratio for The Closet Factory?

Accepted Answer

The Closet Factory has a franchise ratio of 93%, meaning 93% of all units are franchisee-owned. This is a heavily franchised system.

Question 4

How many The Closet Factory franchise units have opened and closed recently?

Accepted Answer

In the most recent reporting year (2024), The Closet Factory had 9 units opened and 1 units closed.