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Up Closets

Up Closets is in the business of designing, selling and installing beautiful custom closet systems.

Interested in Franchise Ownership?

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Up Closets

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Up Closets Franchise Cost and Requirements for 2024

Background

We invite anyone with a hunger to become an entrepreneur to start a conversation with us. Unlike most franchise companies, we exist to help people build amazing businesses!

That said, this is an especially good business for home designers, home organizers, Realtors, mortgage brokers, home stagers, home flippers, contractors and anyone who has experience running a home service or service based business. While previous design experience is helpful, we can teach anyone with the desire to learn to design best-in-class closets and organized spaces!

You don't need construction or carpentry experience - we teach the full workflow for install and almost all of our closets are installed in less than a single day.

You can hire contracted installers and you can even hire experienced closet designers if you goal is to be a business manager or this can be a very rewarding business for a family, couple or individual person to run. It is flexible and easy to scale! With no office or warehouse space needed and few, if any, employees, you can operate at very low cost, making the business potentially higher margin than other service businesses.

Company Details

Established: 2022
First Unit Franchised: 2022
Franchised Units: 7
Company Owned Units: 0
States Registered In: Alabama - AL, Alaska - AK, Arizona - AZ, Arkansas - AR, Colorado - CO, Connecticut - CT, Delaware - DE, Florida - FL, Georgia - GA, Idaho - ID, Indiana - IN, Iowa - IA, Kansas - KS, Kentucky - KY, Louisiana - LA, Maine - ME, Maryland - MD, Massachusetts - MA, Michigan - MI, Mississippi - MS, Missouri - MO, Montana - MT, Nebraska - NE, Nevada - NV, New Hampshire - NH, New Jersey - NJ, New Mexico - NM, North Carolina - NC, North Dakota - ND, Ohio - OH, Oklahoma - OK, Oregon - OR, Pennsylvania - PA, Rhode Island - RI, South Carolina - SC, South Dakota - SD, Tennessee - TN, Texas - TX, Utah - UT, Vermont - VT, West Virginia - WV, Wisconsin - WI, Wyoming - WY
Canada Franchises: No
International Franchises: No

Support and Training Offered By Up Closets

Financial Assistance Provided: No
Site Selection Assistance: No
Lease Negotiation Assistance: No
Recruiting Assistance: Yes
Cooperative Advertising: No
Training:
4 days in person training

2024 Franchise Requirements Needed to Own a Up Closets Franchise.

What does a Up Closets Franchise Cost?

Up Closets franchise fees for 2024:

Cash Investment: $40,000
Total Investment: $59,150 - $110,000
Minimum Net Worth: $150,000
Franchise Fee: $39,000
Royalty: $750 - $1,650 monthly
Ad: $500 brand & tech fee
Item 19: No
Average Number of Employees: 2
Visa Candidates: No
Passive Ownership: Yes
Home-Based: Yes
B2B: No
Master Franchise Opportunities: No
Veteran Discount: Yes

Is Up Closets a Semi Absentee Franchise with a Passive Ownership Opportunity?

Yes. Up Closets is a semi absentee franchise and allows passive ownership. A semi-absentee franchise is a business you could start and run while still maintaining a job or other obligation.

Is Up Closets a Home Based franchise?

Yes. Up Closets is a home based franchise opportunity.

What Do Up Closets Franchise Owners Make?

This information is not available. Up Closets does not offer an Item 19 in their Franchise Disclosure Document.

Is Up Closets a Master Franchise Opportunity?

No. Up Closets is not a master franchise opportunity.

Does Up Closets Offer a Veteran Discount?

Yes. Up Closets franchise does offer a veteran discount.

Does Up Closets Work with E2 Visa and EB-5 Visa Candidates?

No. Up Closets franchise does not work with E2 Visa and EB-5 Visa candidates.

Is Up Closets Looking for Franchisees in Canada?

No. Up Closets franchise is not looking for Canada franchisees.

Is Up Closets Looking for International franchisees?

No. Up Closets franchise is not looking for International franchisees.

Where can I see Up Closets's FDD (Franchise Disclosure Document)?

Buying a Franchise Guide: What is a Franchise Disclosure Document?

When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.

Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.

Additional Information

Additional Categories

Home Services, Non Food Franchises

Number of Units Open

LESS THAN 20 UNITS

Cash Required

$25,000 - $50,000

Master Franchise

No

Passive Franchise

Yes

Home Based Franchise

Yes

Item 19 Franchise

No

Veteran Discount

No

B2B

No

Franchise Opportunities in Canada

No

International Franchise Opportunities

No

E2 Visa Franchise

No

Up Closets Franchises for Sale

Click Here to inquire about existing Up Closets franchises for sale. We may have Up Closets franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

Franchises Similar to Up Closets

Kitchen Tune-Up, Concrete Craft, Arthur Rutenberg Homes, Mosquito Shield, Midtown Chimney Sweeps, TREND Transformations, One Hour Heating and Air Conditioning, DoodyCalls Pet Waste Management, Weed Man Lawn Care, Premier Pools & Spas, Pillar to Post Home Inspection, Heaven's Best Carpet Cleaning, ProSource Wholesale, Elite Home Fitness, Rolling Suds

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.

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