Question 1

Does The Closet Factory franchise offer exclusive territory?

Accepted Answer

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

Question 2

What is the The Closet Factory franchise agreement term length?

Accepted Answer

The initial franchise agreement term for The Closet Factory is 5 years. The total potential term is 5 years.

Question 3

What is the non-compete clause for The Closet Factory franchise?

Accepted Answer

The The Closet Factory franchise non-compete clause extends for 2 years within a 25-mile radius after termination or expiration of the franchise agreement.

Question 4

Can you transfer or sell a The Closet Factory franchise?

Accepted Answer

Yes, The Closet Factory allows franchise transfers, subject to franchisor approval and conditions outlined in the agreement. A transfer fee of $18,500 applies.