Making a franchise investment can be an incredibly rewarding experience, depending on your level of commitment. How much you invest in your business is incredibly important and can certainly impact your return. At Closet Storage Concepts, we are especially aware of how much it takes to start and successfully sustain your business financially. From marketing for your home improvement franchise business to the supplies your team will use on a daily basis, our team has every element of business ownership covered with our comprehensive investment structure. Let’s dive into the numbers!
What You Give
From a financial perspective, there are a few costs we want to make you aware of ahead of time that will be utilized to fuel your business and contribute to the collective success of our franchise system. For Closet Storage Concepts franchisees, that includes royalty payments, an initial investment, and available liquidity. Alright, so let’s break all of that down:
Royalty Fees: As a franchisee, one of your requirements is to pay an ongoing royalty fee. A weekly payment of 5% gross revenue of reported sales is a very standard rate and fee no matter the franchise opportunity. That funding will be used to strengthen our franchise system, which ultimately contributes towards improving your business over time.
Initial Investment: How much does it cost to start a business? How much does it cost to keep that business afloat? No matter what anybody tells you, spending in the business world as an entrepreneur can get out of hand, so it’s hard to predict exactly how much you will spend in a calendar year. We’ve made it simple. At Closet and Storage Concepts, we provide you with a completely transparent investment, that will make your life a bit more predictable. Our minimum initial investment comes out to around $95,800.
If you would like to learn more about our closet franchise costs or the entire Closet Storage Concepts franchise experience, please feel free to request a copy of our Franchise Disclosure Document (FDD). The FDD is a comprehensive document that includes vital information like our financial performance representation, ongoing closet storage franchise costs and fees, that cover essential needs like marketing for your home improvement franchise business and other important necessities! Contact a member of our team for more details.
Why Closet and Storage Concepts
What you get from our franchise investment, we believe, fully warrants the price tag. Our custom Closet and Storage Concepts franchise partners don’t have to worry about learning as they go. When you sign on with our franchise brand, we provide all of our franchisees with two weeks of training at our headquarters: followed by an additional two weeks spent at their location. Throughout this training period, as the process unfolds, we acquaint franchisees with everything they need to know about starting a custom closet business, which includes training and support, as well as marketing for your home improvement franchise, and so much more.
Are you interested in learning more about starting a Closet and Storage Concepts franchise? Would you like to learn more about our marketing for home improvement franchise owners? We have your answers, so feel free to contact us today!