Up Closets
Are you passionate about home organization, home improvement and helping people make their personal spaces much better? If you fall into this group and have been wanting start your own business, Up Closets is a new to market custom closet franchise that might a perfect fit. Up Closets is in the business of designing, selling and installing beautiful custom closet systems for clients. We designed Up Closets to be something new and unique in the half century old custom closet industry: a lean to run and potentially profitable home service business that runs with few employees, low overhead, highly effective and disruptive marketing and software that leverages the newest artificial intelligence technology to design closets faster and more efficiently. We offer state of the art closet systems that are generally priced more attractive than our competition. We do this by carefully sourcing manufacturers to supply our franchise owners at excellent rates and we don’t up-charge our owners for this. You pay our full wholesale rate with no markup! This means you can deliver higher margin jobs and still be priced better than most existing closet companies in your market.
Your franchise match score
Home Services
Brand highlights
- CEOThomas Scott
- Headquarters3212 West End Avenue, Nashville, TN, 37203
- Year founded2022
- Year started franchising2022
- IndustryHome Services
- Locations open0 (+0 last three years)
Statistics & metrics
- Investment range$59,150 - $110,000
- Franchise fee$39,000
- RoyaltyYear 1: $750 per month. Year 2: $1,200 per month Year 3 through the remainder of the term and any successor terms thereof: $1,650
- Brand fund$500 - $650/month
- Required Liquid Capital$8,000
- Required Net WorthN/A
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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: 2022-12-12
| 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. | |
| Initial Franchise Fee | Learn about the initial franchise fee required to join the Up Closets franchise system and what that fee covers. | |
| Other Fees | Understand the ongoing and additional fees associated with owning a Up Closets franchise, including royalties, marketing contributions, and other required payments. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a Up Closets franchise, including startup costs and working capital estimates. | |
| Territory | Understand how franchise territories are defined, whether they are exclusive, and under what circumstances they may be modified by Up Closets. | |
| Financial Performance Representations | Review any financial performance information Up Closets provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 0 |
| Franchise locations | 0 |
| Corporate locations | 1 |
System growth over time
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