Closet & Storage Concepts
At a Glance
Products & Services: Residential/commercial closet & storage systems
Number of Locations: 10
Total Investment: $22.15K - 192.2K
Founded: 1987
Began Franchising: 2000
Private Owned
About Closet & Storage Concepts
Founded by Bob Lewis in 1987, Closet & Storage Concepts designs, manufactures and installs custom closet and storage products in homes and businesses.Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2011 | 6 | 1 | 0 | 3 |
| 2010 | 6 | 1 | 0 | 4 |
| 2009 | 10 | 1 | 0 | 3 |
| 2008 | 15 | 1 | 0 | 2 |
Where Seeking Franchisees: Franchisor is seeking new franchise units in the U.S.,Canada, Mexico.
Startup Costs, Ongoing Fees and Financing
Total Investment: $22,150 - $192,200
Franchise Fee: $17,500 - $38,500
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $17,500 - $38,500
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $100,000
Liquid Cash Available: $50,000
Operations
Franchise can be run from home. Number of employees needed to run franchised unit: 10 - 12. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).| Financing Type | In-House | Third Party |
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How This Franchise Supports Franchisees
Training: Available at headquarters: 2 weeks. At franchisee's location: 2 weeks.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives,
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,
Other marketing support: In-house graphics department
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