Question 1

How much does it cost to open a Up Closets franchise?

Accepted Answer

The total initial investment for a Up Closets franchise ranges from $71K to $218K, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the Up Closets franchise fee?

Accepted Answer

The initial franchise fee for Up Closets is $78K.

Question 3

What are the net worth requirements for a Up Closets franchise?

Accepted Answer

Net worth requirements for Up Closets are specified in the Franchise Disclosure Document.

Question 4

Does Up Closets require a personal guarantee?

Accepted Answer

Yes, Up Closets requires a personal guarantee from franchisees.

Question 5

What equipment and inventory costs are involved with a Up Closets franchise?

Accepted Answer

Equipment costs for a Up Closets franchise range from $4K to $12K. Initial inventory costs range from $5K to $10K.