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Units as of 2020
64 (15 added in 3 years)
23.4%
2021 Franchise 500 Rank
#403 Ranked #284 last year
Initial investment
$152K - $428K

Company Overview

Since 1982, Closets By Design has been installing custom closets, garage organizers, entertainment centers and home office systems. Franchisees manufacture all products and handle installation.

All Closets By Design franchisees are owner/operators.

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About Closets By Design Franchising

Industry
Home Improvement
Founded
1982
Parent Company
Home Organizers
Leadership
Jerry Egner, President

Franchising Overview

Franchising Since
1998 (23 years)
# of employees at HQ
16
Where seeking

This company is seeking new franchisees in the following US states: Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming

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

# of Units
64 (as of 2020)

Franchisor Information

Corporate Address
13272 Garden Grove Blvd.
Garden Grove, CA 92843

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Closets By Design Franchising 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
$20,000
Initial Investment
$152,000 - $428,000
Net Worth Requirement
$500,000
Cash Requirement
$200,000
Veteran Incentives
10% off franchise fee
Royalty Fee
6.75%
Ad Royalty Fee
2.25%
Term of Agreement
5 years
Is franchise term renewable?
Yes

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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
Closets By Design Franchising offers in-house financing to cover the following: inventory, accounts receivable, payroll
Third Party Financing
Closets By Design Franchising has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment

Training & Support Offered

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

On-The-Job Training
144 hours
Classroom Training
80 hours
Ongoing Support
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Marketing Planning & Support
Social Media
SEO
Website Development
Email Marketing

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
5
Are exclusive territories available?
Yes

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Franchise 500 Ranking History

Compare where Closets By Design Franchising landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where Closets By Design Franchising ranked on other franchise lists? Find out below.

Ranked #403

Franchise 500 Ranking

Ranked #163

Top Global Franchises

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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
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