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2021 Franchise 500 Rank
#359 Ranked #371 last year
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Initial investment
$184K - $298K
Units as of 2021
181 6.2% over 3 years

Company Overview

Tailored Living is a member of the family of brands under the umbrella of Home Franchise Concepts (HFC), which also includes Budget Blinds, Concrete Craft, AdvantaClean, Kitchen Tune-Up, and Bath Tune-Up. Tailored Living focuses on helping homeowners become more organized by designing and installing customized organizational solutions. The company specializes in everything from custom closets and home office storage to garage cabinets and durable garage floor coatings and offers free in-home and virtual consultations.

About Tailored Living

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

Franchising Overview

Franchising Since
2006 (15 years)
# of employees at HQ
240
Where seeking

This company is seeking new franchisees worldwide.

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

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

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.

Ranked #359

Franchise 500 Ranking

Ranked #91

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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