FREE Franchise Guide!
2022 Franchise 500 Rank
#437 Ranked #359 last year
See the Full List
Initial investment
$184K - $298K
Units as of 2021
181 6.2% over 3 years

Here’s what you need to know if you’re interested in opening a Tailored Living franchise.

Tailored Living opened its doors in 2006 and began franchising the same year. The company offers home and business owners high-quality storage and organization solutions. The company designs spaces in closets, garages, home offices, family rooms, pantries, and more. The team offers measuring, design, and installation services tailored to meet each client's specific needs.

Tailored Living has a wide breadth of offerings that has resulted in tremendous growth over the years, with more than 175 franchise units opened across the United States and Canada. The company has also received several awards, including the Best of Houzz badge for design. Out of the many expert companies on Houzz, only 3% reach this status. 

Potential franchisees have an aptitude for sales and a passion for providing clients with top-notch organizational services. 

Why You May Want to Start a Tailored Living Franchise

Tailored Living is a well-known business with proud franchisees. Franchisees help people in their community live a more organized life through innovative storage methods and other organizational solutions. As a franchisee, you'll be your own boss, with the opportunity to build a business. You can create your business to your preferred size either as a partnership, sole proprietorship, or family business with one or multiple territories. You are also given the opportunity to participate in absentee ownership.

Franchisees experience paid training at Tailored Living headquarters in Irvine, California and lifetime support in every area of their business. Tailored Living also arranges one year of business coaching by outside vendors, annual conventions, webinars, and helplines to offer support to new franchisees. 

What Might Make a Tailored Living Franchise a Good Choice?

Tailored Living has ranked in Entrepreneur's Franchise 500 multiple times in the past few years. This ranking is based on an evaluation of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability.

Franchisees should prepare for financial investment. Franchisees will need to pay a franchise fee and brand royalties. Franchisees will also need to hit the minimum set net worth and cash requirement for franchising with Tailored Living. 

As you make your decision concerning whether to open a franchise with Tailored Living, make sure you take time to explore the opportunity. Research the brand and your local area to see if a franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.

How Do You Open a Tailored Living Franchise?

The franchising process will take time to complete. Be prepared for interviews with upper management, at which point you will review the Franchise Disclosure Document. After a successful interview, you may be invited to a discovery day to explore the opportunity further. You will also have time to speak with other franchisees to get their side of the franchise experience with Tailored Living. 

Before you can open your Tailored Living franchise, you must attend a training at the home office in Irvine, California to learn how to operate your business. Tailored Living staff will be involved as you train and prepare to open your franchise. 

Find Your Perfect Franchise

Company Overview

About Tailored Living

Industry
Home Improvement
Founded
2006
Parent Company
Home Franchise Concepts
Leadership
Heather Nykolaychuk, President

Franchising Overview

Franchising Since
2006 (16 years)
# of employees at HQ
240
Where seeking

This company is seeking new franchisees throughout the US.

This company is seeking new franchisees in the following international regions: Canada

# of Units
181 (as of 2021)

Franchisor Information

Corporate Address
19000 MacArthur Blvd., #100
Irvine, CA 92612

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Tailored Living franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$19,950
Initial Investment
$184,470 - $297,825
Net Worth Requirement
$250,000
Cash Requirement
$140,470
Veteran Incentives
15% off initial franchise and territory fees
Royalty Fee
$300-$2K/mo.
Ad Royalty Fee
1%
Term of Agreement
10 years
Is franchise term renewable?
Yes
Take Our Free Franchise Quiz!

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

In-House Financing
Tailored Living offers in-house financing to cover the following: franchise fee
Third Party Financing
Tailored Living has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

Classroom Training
86.5 hours
Additional Training
Regional training
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Online Support
Security & Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
Yes
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
2
Are exclusive territories available?
Yes
Take our quick quiz to find your ideal franchise

Work with a free franchise expert and get what you need to start a Tailored Living franchise.

Franchise 500 Ranking History

Compare where Tailored Living landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where Tailored Living ranked on other franchise lists? Find out below.

Want to stay updated on the latest franchise news?

Never miss a beat when you sign up to receive our newsletter.

We care about the protection of your data. Read our Privacy Policy

Related Franchises

Are you eager to see what else is out there? Browse more franchises that are similar to Tailored Living.

Related Franchise Content

Catch up on the latest franchise news, trends, and more.

Is Food And Beverage Franchising Right For You?

The food and beverage sector is among the most popular for those who consider franchising. But does everyone have what it takes?

Quality Kid Care: The Best of the Best Child Care Franchises

Child care can be a rewarding and lucrative route to franchising.

Jeff Cheatham

How to Start a PuroClean Franchise in 2022

If you're looking to get into fire, smoke, mold, property damage, and water damage restoration business, then this is the perfect opportunity for you.

Franchises are 'Ready Made' Business Opportunities

Franchising can be a turnkey solution for budding entrepreneurs.

Jeff Cheatham

Wendy's, McDonald's Sued for Allegedly Misrepresenting Burger Patty Size

The complaint cites numerous burgers from each chain, including the Wendy's Bourbon Bacon Cheeseburger and McDonald's Big Mac.

Amanda Breen

The Pandemic Created 'Childcare Deserts,' and This Bilingual Education Company Is Stepping In to Fill the Void

Canadian brand Maple Bear had been eyeing expansion to the U.S. for a while, but changing demographics during the pandemic finally made the time right.

Kim Kavin

Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021