Closet Factory
#329 Franchise 500| Custom closet and storage systems

About
Founded

1983

Franchising Since

1985 (34 Years)

Corporate Address

12800 S. Broadway
Los Angeles, CA 90061

CEO

John La Barbera

Parent Company

The Closet Factory

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

Support Options
Ongoing Support

Purchasing Co-ops

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

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

On-The-Job Training:

39-44 hours

Classroom Training:

47-51 hours

Absentee Ownership Allowed
Number of Employees Required to Run:

6

Closet Factory is ranked #329 in the Franchise 500!
Bio
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.

Cost
Initial Investment: Low - $208,500 High - $356,000
Units
+4.1%+3 UNITS (1 Year) +11.8%+8 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S. and in the following regions/states: Australia/New Zealand, Canada
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

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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: September 27th, 2019