Up Closets
Designs, sells, and installs custom closet systems and organizational units for homes, home offices, garages, and other residential and commercial spaces, along with related services and products.
Your franchise match score
Home Services
Brand highlights
- CEOThomas Scott
- Headquarters370 Mallory Station Dr, Franklin, TN, 37067
- Year founded2022
- Year started franchising2022
- IndustryHome Services
- Locations open44 (+44 last three years)
Statistics & metrics
- Investment range$71,350 - $128,050
- Franchise fee$39,000
- RoyaltyYear 1: $1,000 per month for a Single Territory; $1,500 per month for a Double Territory; $2,000 per month for a Triple Territory. Year 2 through the remainder of the term and any successor terms: $2,000 per month for a Single Territory; $3,000 per month for a Double Territory; $4,000 per month for a Triple Territory
- Brand fundNone currently and not planned for 2025; if activated will be capped at 25% of your Continuing Royalty Fee or 2% of your Gross Revenue, whichever is less
- Required Liquid Capital$10,000
- Required Net WorthN/A
Learn more about the Home Services industry:
Home services cover everything from interior design and cleaning to landscaping and pest control. With homeowners constantly investing in their properties, this industry offers consistent demand and growth potential.
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FDD insights
The information shown below is derived from publicly available franchise disclosure documents (FDDs), including the version issued as of the issuance date listed below, and other third-party sources. This information may not reflect the most current FDD. It is provided for general informational purposes only and is not part of any franchise offering or sales process. Franchise Sidekick is not providing or furnishing an FDD in accordance with FTC requirements. You should obtain and review the most current official FDD directly from the franchisor before making any investment decision.
FDD Version Referenced - Issuance Date: 2025-02-18
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about Up Closets, its parent company, and the executive leadership team responsible for operating and supporting the franchise system. | |
| Business Experience | Review the professional backgrounds and relevant business experience of Up Closets's executives, directors, and key management personnel. | |
| Litigation | Understand any past or pending legal actions involving Up Closets, its affiliates, or key personnel that may be relevant to prospective franchisees. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a Up Closets franchise, including startup costs and working capital estimates. | |
| Financial Performance Representations | Review any financial performance information Up Closets provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 44 |
| Franchise locations | 44 |
| Corporate locations | 0 |
System growth over time
FAQs
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