Business Description

Sell, design, manufacture and install custom closet organizers, garage cabinets, in-home office systems, wall units, pantries and more . . .

Franchisor Background

Year Established:  1982

Franchising Since:  1997

Operating Units:
Franchised Units:	38	86.4%
Company-Owned Units:	6	13.6%
Total Operating Units:	44	100.0%
Geographic Distribution: U.S.: 44 100% In 8 States Canada: 0 0% In 0 Canadian Provinces International: 0 0% In 0 Foreign Countries   Total: 44 100.0%

North America:
States/Provinces with the largest number of operating units:

Density	Units
1. Ohio	5
2. New York	3
3. Illinois	3

Registered in Following Registration States: Florida, Indiana, Michigan, New York, Rhode Island, Virginia, Wisconsin

Financial Requirements

Investment:
Minimum Net Worth:	$500K
Cash Investment:	$100-341K
Total Investment:	$275-341K
Average Total Investment:	$308K
Fees:
Initial Franchise Fee:	$34.9K
Average Franchise Fee:	$35K
On-Going Royalty:	6%
Average Royalty:	6%
Advertising Fee:	3%

Average Number of Employees: 7-50 Full-time, 0 Part-time

Space Needs (in square footage): 8,000-14,000

Preferred Sites:

Other Sites: Business Park

Encourage Conversions? Yes

Earnings Claims Provided?: No

Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:	5
General Business Experience:	5
Specific Industry Experience:	1
Formal Education:	4
Psychological Profile:	1
Personal Interview(s):	5
Terms of Contract
Term of Initial Contract:	5 Year(s)
Term of Renewal Period:	5 Year(s)
Passive Ownership:	Allowed, But Discouraged
Area Development Agreements?	No
Sub-Franchising Contracts?	No
Franchisees Allowed to Expand Within Territory?	Yes
Support and Training
International Franchise Association:	Yes
Canadian Franchise Association:	No
Franchisee Association/Member:	Yes, Member
Size of Corporate Staff:	10
Site Selection Assistance?	Yes
Lease Negotiation Assistance?	No
Financial Assistance?	No
Marketing Support:
Co-Op Advertising:	No
National Advertising:	No
Regional Advertising:	No
Local Advertising:	No
Marketing Materials:	None Specified
Additional Services:	None Specified
Other Marketing Support:	None Specified
On-Going Support:
Central Data Processing:	Not Applicable
Central Purchasing:	Not Applicable
Field Operation Evaluation:	Included in Fees
Field Training:	Included in Fees
Initial Store Opening:	Included in Fees
Inventory Control:	Not Applicable
Franchisee Newsletter:	Not Applicable
Regional or National Meetings:	At Additional Cost
800 Telephone Hotline:	Included in Fees
Training:
1. Corporate Headquarters	2 Weeks
2. To Be Determined	1 Week
3. On-Site	2 Weeks
Expansion Plans
Projected New Units Over Next 12 months: 6 U.S.: Yes, States not currently in. Canada: Yes, ON, BC and PQ Overseas: No	Request Franchisor Info   Submit an online form to receive information from Closets By Design.