Closet Factory, Inc. designs, manufactures, and installs custom wooden closets in the United States. It offers home storage and organization products, including home offices, entertainment centers, laundry rooms, pantries, kid’s rooms, book shelves, and garage systems. The company was founded in 1983 and is based in Los Angeles, California.
Closet Factory also provides franchising opportunities. As of 2018, the company owns and operates 66 franchises in the United States.
Lapels has the franchise fee of up to $46,500, with total initial investment range of $208,500 - $356,000.
Financial Requirements for Closet Factory
Initial investments: $208,500 - $356,000
Net-worth Requirement: $500,000
Liquid Cash Requirement: $150,000
Initial Franchise Fee: $46,500
Ongoing Royalty Fee: 6.75%
On-The-Job Training: 39 - 44 hours
Classroom Training: 47 - 51 hours
Number of Employees Required to Run: 6
Closet Factory Franchisee Reviews:
Closet Factory Franchise Info: https://www.closetfactory.com/franchise
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