My Queue

Your Queue is empty

Click on the next to articles to add them to your Queue

Franchise: Closet Factory

Initial Investment
LOW:$208,500
HIGH: $356,000
Change in Units
+2.8% +2 UNITS (1 Year)
+2.8% +2 UNITS (3 Years)

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations
Marketing Support
Co-op Advertising
Ad Slicks
National Media
Regional Media

Training Onsite: 10 days

Training at headquarters: 20 days

Absentee Ownership Allowed

Number of employees required to run: 6

About Closet Factory

John LaBarbera founded The Closet Factory in a small industrial space in Los Angeles in 1983. The company started out with six employees customizing closets, offices, garages and pantries, and now has more than 100 employees at its Los Angeles headquarters. There are also 11 other factories around the world.

The Closet Factory works with homeowners, contractors and interior decorators, installing closets, entertainment centers, pantries and shelves for offices and garages.

Founded

1983

Franchising Since

1985 (32 Years)

Corporate Address

12800 S. Broadway Los Angeles, CA 90061

CEO

John La Barbera

Parent Company

The Closet Factory

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S. and in the following regions/states: See List

Financial Requirements

Initial Investment

$208,500 - $356,000

Net-worth Requirement

$500,000

Liquid Cash Requirement

$150,000

Ongoing Fees

Initial Franchise Fee

$46,500 - $46,500

Ongoing Royalty Fee

6.75%

Financing Options

Closet Factory has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Free Franchise Consultation
Fran Choice We've helped over 5,000 people find the right franchise. Get a FREE consultation and find out how you can be next.
Start Now
Guidant Financal Learn how to invest your IRA or 401k into a franchise. ($50k min)

Franchise Articles

The 5 Best Retail Franchises You Can Buy Right Now

Are you a natural salesperson? Then take full advantage with a retail franchise.

Why Fitness Franchises Are Booming

With aggressive expansion strategies and low membership costs, fitness clubs are looking to rapidly expand -- and franchisees are lining up to get in on the action.

Success Speaks For Itself: Whissle Hospitality Group

The co-founders of Whissle Hospitality Group –the company behind F&B brands like Okku, Claw and more in Dubai are all set to take their enterprise to the next level.

Why a Thriving Business Decided to Expand -- by Buying Into Two Franchises

The family behind a landscape company decided to go wider, not deeper, by investing in two different franchise systems.

Krispy Kreme Fell Apart, Then Came Back Strong. Here's How.

At one point, ice cream and soap was sold at the Krispy Kreme locations.

Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: August 16th, 2017

Reprints & Licensing
Update Your Listing
Submit New Listing