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Franchise 500 2023
Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$82K - $158K
Units as of 2023
51 Decrease

Company Overview

About Clozetivity

Industry Home Improvement
Related Categories Organization/Storage Systems
Founded 2021
Parent Company Home Based Franchise Group
Leadership Leo Goldberger, Founder & CEO
Corporate Address 695 Cross St., #189
Lakewood, NJ 08701
Social Facebook

Business Overview

Franchising Since 2021 (3 years)
# of employees at HQ 7
Where seeking

This company is offering new franchises throughout the US.

# of Units 51 (as of 2023)

Information for Franchisees

Here's what you need to know if you're interested in opening a Clozetivity 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 Information Circle
$39,000
Initial Investment Information Circle
$81,500 - $157,500
Net Worth Requirement Information Circle
$75,000
Cash Requirement Information Circle
$60,000
Veteran Incentives Information Circle
20% off franchise fee
Royalty Fee Information Circle
$400-$2K/mo.
Ad Royalty Fee Information Circle
2%
Term of Agreement Information Circle
10 years
Is franchise term renewable? Yes
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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 10 hours
Classroom Training 15 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Marketing Support
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? No
Can this franchise be run from home/mobile unit? Information Circle
Yes
Can this franchise be run part time? Information Circle
No
Are exclusive territories available? Information Circle
Yes
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Additional Rankings

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022