The Tailored Closet - Franchise
Since 2006, The Tailored Closet has been giving entrepreneurs a proven business model and a path to financial independence while providing homeowners with high-quality service and custom home storage solutions – from closets, home offices, entryways and mudrooms – to pantries, laundry, craft, and hobby rooms. Learn more today!
What Does a The Tailored Closet Franchise Cost?
To buy a franchise with The Tailored Closet, you'll need to have at least liquid capital of $100,000 and a minimum net worth of $350,000. Franchisees can expect to make a total investment of $155,220 - $268,675. The Tailored Closet charges a franchise fee of $74,950. They also offer financing as well as a discount for veterans (Qualified veterans can receive a 15% discount off the initial franchise fees. Ask for details.). *
Requirements
Financial requirements for this franchise:
Liquid Capital: | $100,000 What does Liquid Capital mean? |
---|---|
Net Worth: | $350,000 What does Net Worth mean? |
Franchise Fee: | $74,950 What does Franchise Fee mean? |
Total Investment: | $155,220 - $268,675 What does Total Investment mean? |
Options
Options available to franchisees:
Financing: | Available |
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Training: | Available |
Veteran Discount: | Qualified veterans can receive a 15% discount off the initial franchise fees. Ask for details. |
Franchisor Details
Facts about this franchise:
Total Units: | 164 |
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Year Founded: | 1999 |
Franchising Since: | 2006 |
Why Choose The Tailored Closet
The Tailored Closet offers homeowners several ways to optimize their living spaces throughout the home. We are the only custom interior home organization partner that works with our clients by utilizing a personalized consultation process that delivers efficient home storage solutions uniquely tailored to the client’s specific needs.
The Tailored Closet’s industry experience, commitment to customer service, and wide breath of product offerings including custom closets, home offices, laundry rooms, mudrooms, pantries, wall beds and more, has allowed us to grow into the largest home organization franchise with 165 territories serving more than 2,000 cities throughout the United States and Canada.
We are backed by Home Franchise Concepts® (HFC), a leading franchisor with 30 years of experience in the home services industry. HFC is a subsidiary of $18B-strong JM Family Enterprises, offering franchise owners world-class leadership and industry leading business opportunities that can’t be matched.
- 2-week initial training at our state-of-the-art Experience Center in Dallas and ongoing learning opportunities
- A dedicated support team of industry experts that support our franchise network
- National lead generation programs and turnkey local area marketing toolkits
- Non-manufacturing business model and preferred vendors for the best quality products and pricing
- Proprietary 3D design software that can print renderings at time of appointment
- Complete operational platform to effectively run your business
- Protected territories and sliding scale royalty fees
- Consultative sales process with high closing rate
- Quick ramp-up and Scalability
- Residential & commercial client mix
Now more than ever, people are spending more time at home and need their homes to be more functional for at-home work and daily life, and as a result, the market for custom storage solutions is surging.
- Consumer trends include more people working from home and need a function workspace
- Blended families and multi-generational households require custom innovative storage solutions to maximize space
- Home organization systems are perceived as a necessity
- Custom closet organization systems are a home resale selling point
The Tailored Closet is geared to meet these growing demands head on!
Desired background of prospects and Ideal candidate
The Tailored Closet is a true management-focused business model with immense potential and growth. There is absolutely no need for prior experience in the home renovation industry. If you are a goal-oriented leader who is good at managing teams and want to own an exciting business that features tangible products that will make anyone’s home or office more organized and efficient, we want to talk!
Awards & Accolades
The Tailored Closet (formerly Tailored Living®) proudly ranks on the Entrepreneur Franchise 500® list in multiple categories, as well as one of the leading Organization/Storage System Franchises.
At The Tailored Closet, we’ve built a system that helps our franchise owners thrive. We’ll show you how to operate your home improvement business by applying the same values that have driven our parent company, Home Franchise Concepts, for 30 years, making us one of North America’s largest franchise systems.
Take advantage of the superior training, unwavering support, and effective marketing tools included in our business model. Learn more about The Tailored Closet to
Availability
The Tailored Closet is currently accepting inquiries from the following states:
Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District Of Columbia, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming
Interested parties should have at least $100,000 in liquid capital to invest.
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