Rank no. 494 – Closet Factory – US
Products & Services: Custom closet & storage systems
Number of Locations: 71
Total Investment: $182.5K – 310K
Began Franchising: 1985
About Closet Factory
John LaBarbera founded The Closet Factory in a small industrial space in Los Angeles in 1983. The company started out with six employees customizing closets, offices, garages and pantries, and now has more than 100 employees at its Los Angeles headquarters. There are also 11 other factories around the world.
The Closet Factory works with homeowners, contractors and interior decorators, installing closets, entertainment centers, pantries and shelves for offices and garages.
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Midwest, Nebraska, North Carolina, North Dakota, Northeast, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South, South Carolina, South Dakota, Southeast, Southwest, Tennessee, Texas, Utah, Virginia, Vermont, West, Washington, Wisconsin, West Virginia, Wyoming.
Franchisor is seeking new units in Australia/New Zealand, Canada.
Startup Costs, Ongoing Fees and Financing
Total Investment: $182,500 – $310,000
Franchise Fee: $46,500
Ongoing Royalty Fee: 6.75%
Term of Franchise Agreement: 5 years, renewable
Net Worth: $500,000
Liquid Cash Available: $75,000
30% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 6. Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators).
How This Franchise Supports Franchisees
Training: Available at headquarters: 2 weeks. At franchisee’s location: 1 month.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,
Other marketing support: Vendor discounts, promotional products, signage
Franchise Ranking History
Franchise 500®: #494 (2013), #489 (2011),
You want your home to be both pretty and neat. And we can help you with that. Our closets bring more order and beauty to your life. Just as no two problems are alike, neither are the answers.
Your storage problem is unique. And no closet company is better fit to help you organize your life than Closet Factory. Where every closet system is custom. Made to order. Your order. It’s the reason we’ve become the authority in customized storage solutions.
Our Closet Factory closet systems are not your typical closet organizers. They are designed just for you, your space, your wardrobe, your needs, and your budget. We listen carefully when you tell us what you want. And only then do we create a closet design. One that will fit your needs and space perfectly.
It all began over two decades ago when Closet Factory engineered the industry’s first truly custom closets. When we opened our doors in Los Angeles, California, closets were only on the minds of a few people.
We learned how to create closets that fit what people wanted. We became the leader in custom closets. Today, we continue to set new standards in client care, custom closets, closet design, and craftsmanship.
Closet Factory has become a leading closet company franchise in closet organizers with locations throughout the United States. This national network of closet companies and their people is dedicated to creating the best custom closet organizers possible, right down to the handles on the doors and drawers.
So whether you live in Los Angeles or New York, you will find the same high-grade closet materials, lifetime warranty, highly trained closet Designers, and great workmanship that defines the Closet Factory brand. The Closet Factory has made itself into the industry standard as a closet company.