Question 1

How many The Tailored Closet franchise locations are there?

Accepted Answer

The Tailored Closet currently has 144 total units, including 144 franchised locations and 0 company-owned locations.

Question 2

Is the The Tailored Closet franchise system growing or shrinking?

Accepted Answer

The Tailored Closet has experienced negative net growth of -11.1% over the past year, with a 3-year compound annual growth rate (CAGR) of -5.2%.

Question 3

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

Accepted Answer

The Tailored Closet has a franchise ratio of 100%, meaning 100% of all units are franchisee-owned. This is a heavily franchised system.

Question 4

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

Accepted Answer

In the most recent reporting year (2024), The Tailored Closet had 2 units opened and 20 units closed.