How much revenue does a CLOSET FACTORY franchise make?

According to the 2025 FDD, the average gross revenue for a CLOSET FACTORY franchise is $6,097,058. The median revenue is $4,618,860.

How many CLOSET FACTORY franchise locations are there?

As of the 2025 FDD, CLOSET FACTORY has 86 franchise locations. The company has been franchising since 1985.

Can you get an SBA loan for a CLOSET FACTORY franchise?

Yes, SBA loans are available for CLOSET FACTORY franchises. Historical data shows 27 SBA 7(a) loans have been approved for CLOSET FACTORY franchisees, with an average loan amount of $722,789. The historical default rate is 3.7%.

Is CLOSET FACTORY a good franchise to buy?

CLOSET FACTORY shows several positive indicators: transparent financial performance data (Item 19), low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.

CLOSET FACTORY

Closet Factory franchises enable operators to market, design, manufacture, construct, install, repair, and service custom closets and storage systems for consumers, while also selling related products and services. The business operates under the franchisor's trademarks and standards, with franchisees running retail outlets that provide turnkey custom storage solutions. The primary target market is residential consumers seeking personalized home organization and storage improvements.

Locations

$393K–$664K

Investment

Since 1985

Franchising

Construction & Home ImprovementLos Angeles, CAwww.closetfactory.comDisclaimer

Franchise Costs

Franchise Fee

$58,500

Item 5 of FDD

Initial Investment Range

$392,500 – $663,500

Low: $392,500High: $663,500

Item 7 of FDD

Royalty Rate

6.75%

of gross sales

Brand Fund

15.00%

Item 6 of FDD

Fixed Monthly Fees

$95 – $95

Item 6 of FDD

6.75% royalty (greater of % or $975/wk min) + 15% marketing fund + $95/mo ClosetWare license

Financial Performance

Item 19 Financial Performance

Average Gross Revenue

Median Gross Revenue

Top Quartile Revenue

Bottom Quartile Revenue

Data Based On: 47 Franchised Closet Factory Businesses open more than one year on December 31, 2024.

* Financial performance data for 2024 was extracted from '2024 TABLE 1' and '2024 TABLE 3'. 'Average Gross Revenue' ($6,097,058) and 'Median Gross Revenue' ($4,618,860) were taken directly from '2024 TABLE 1'. 'Revenue Top Quartile' ($13,567,654) and 'Revenue Bottom Quartile' ($1,244,968) were sourced as the 'Average Sales Data' for the First and Fourth Quartiles respectively, from '2024 TABLE 3'. The total number of units (47) and their distribution across quartiles (12 units for First, Second, and Third Quartiles each; 11 units for the Fourth Quartile) were determined by cross-referencing '2024 TABLE 1' and the detailed individual business listings in '2024 TABLE 2' across pages 2 and 3. No explicit profit, net income, net profit, or EBITDA figures, or sufficient expense data to estimate them, were provided in the document.

Extracted Item 19 Section

How CLOSET FACTORY Compares

Key Insights

Higher investment than 100% of Home Improvement franchises

Franchise	Investment	Fee	Royalty	Locations
CLOSET FACTORY Current	$393K – $664K	$59K	6.8%	86
BUDGET BLINDS	$101K – $211K	$20K	3.5%	1,366
Koala Insulation	$195K – $242K	$50K	6.5%	333
CERTA PROPAINTERS	$171K – $321K	$65K	N/A	303
FCI	$184K – $249K	$55K	5.0%	288
That 1 Painter	$113K – $189K	$59K	6.0%	265
Home Improvement Average 63 franchises	$139K – $246K	$51K	6.2%	–

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 63 Home Improvement franchises by location count.

Locations & Growth

Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2024)

Outlets by state across the United States

Top States

1CA

2TX

3NJ

4FL

5NY

6VA

7IL

8MA

9PA

10MI

11SC

12TN

13GA

14NC

15CO

+19 more states

SBA Loan History

Historical SBA 7(a) loan data for CLOSET FACTORY franchisees (2010 – 2025)

Total Loans

Average Loan

$722,789

Total Volume

$19.5M

Default Rate

3.7%

Loans by Year

SBA 7(a) loan activity over time

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Franchisee Contacts

59 franchisee contacts on file from official FDD filings.

Name	Address	Phone	Email	SBA Loan
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active

59 Contacts Available

Unlock all CLOSET FACTORY franchisee contacts with verified contact information

Due Diligence

Litigation (Item 3)

Franchisee Cases0

No litigation involving franchisees reported

Bankruptcy (Item 4)

Bankruptcy HistoryNo

No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations

Non-Renewals

Reacquired

Ceased Ops

Transfers

Sold to Franchisees

Projected New

Frequently Asked Questions

The total initial investment to open a CLOSET FACTORY franchise ranges from $392,500 to $663,500. This includes a franchise fee of $58,500. Ongoing royalty fees are 6.8% of gross sales.