Question 1

How many Up Closets franchise locations are there?

Accepted Answer

Up Closets currently has 44 total units, including 44 franchised locations and 0 company-owned locations.

Question 2

Is the Up Closets franchise system growing or shrinking?

Accepted Answer

Up Closets has experienced positive net growth of +175.0% over the past year.

Question 3

What is the franchise vs. company-owned ratio for Up Closets?

Accepted Answer

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

Question 4

How many Up Closets franchise units have opened and closed recently?

Accepted Answer

In the most recent reporting year (2024), Up Closets had 36 units opened and 8 units closed.