Closet & Storage Concepts

Closet & Storage Concepts

Information based on 2023 FDD

Home Services · Other Commercial and Home Services

Investment min
$110K
Total: $110K–$625K
Avg gross revenue
$3M
Unit-level, 2023
Franchise fee
$45K
Per current disclosure
Royalty
5%
of gross revenue
Locations
8
Franchising since 2000

Description

What is Closet & Storage Concepts?

Closet & Storage Concepts, established in 1987, has built a sterling reputation as a premier provider of custom storage solutions that transform living spaces. This franchise opportunity stands out in the thriving home services industry by offering comprehensive organization solutions that combine functionality with aesthetic appeal.

What sets Closet & Storage Concepts apart is their commitment to delivering personalized, high-quality storage systems that perfectly match each customer's unique needs. Their product line includes custom closets, garage storage systems, home offices, murphy beds, pantries, and other innovative storage solutions. Each project is carefully designed and installed by skilled professionals who prioritize attention to detail and customer satisfaction.

The brand has garnered numerous positive reviews for their exceptional customer service, professional installation teams, and lasting quality of their products. Their design consultants work closely with clients to maximize space efficiency while adhering to individual style preferences and budgets. This consultative approach has helped build a loyal customer base and strong word-of-mouth referrals.

As a franchise owner, you'll benefit from a proven business model that combines manufacturing, design, and installation services. The company provides comprehensive training, ongoing support, and established relationships with suppliers. With the growing trend toward home organization and the increasing value placed on custom storage solutions, Closet & Storage Concepts offers entrepreneurs an opportunity to tap into a sustainable and expanding market while making a meaningful difference in customers' daily lives.
  • 37 years proven industry experience
  • Custom manufacturing and installation expertise
  • Comprehensive home storage solutions portfolio
  • Premium market positioning advantage
  • Established supplier and vendor relationships
  • Personalized franchisor support system

Location Analysis

Where Closet & Storage Concepts wins

Closet & Storage Concepts, established in 1987, maintains a widespread national presence across multiple states, with strong market penetration demonstrating a balanced coast-to-coast footprint. The franchise shows particular strength in the Northeast, with significant concentration throughout New Jersey, New York, and Pennsylvania, while also maintaining strategic presence across western states including Arizona, California, Colorado, and Nevada. Their established New England presence spans Massachusetts, Rhode Island, and Connecticut, serving major metropolitan areas.

The franchise's impressive customer satisfaction metrics across hundreds of verified reviews indicates strong performance nationwide, with notable examples of excellence such as their highly-rated Somerville, NJ location. This consistent performance across diverse markets suggests a robust business model adaptable to various regional demographics.

Ideal locations for new franchises should target affluent suburban communities with median home values above $400,000, high concentration of homeowners aged 35-65, and active residential construction markets. The most successful locations typically serve densely populated suburban areas within 30 miles of major metropolitan centers.

Growth opportunities exist in underserved major markets like Chicago and Washington D.C., where demographic profiles match successful existing locations. However, prospective franchisees should focus on areas with strong home improvement spending and renovation activity, particularly in regions with limited custom storage competitors.
Total US locations
12
Franchise units
8
Corporate locations
4
Avg. sq. footage
N/A

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Financial Analysis

The numbers behind Closet & Storage Concepts

Avg gross revenue$2,863,694
Investment range$110,300 – $624,900
Investment midpoint$367,600
Brand fund$300/m
Royalty5%
Franchise fee$44,500
Min. net worth
Min. liquid capital
Closet & Storage Concepts requires an investment range of $110,300 to $624,900, positioning it as a premium home services franchise. The minimum investment aligns closely with the sub-sector average of $111,770, while the maximum significantly exceeds the sub-sector average of $223,008, suggesting varied territory sizes or build-out requirements. This investment typically covers equipment, inventory, initial marketing, and working capital for custom storage solutions.

The home organization sector benefits from strong consumer trends toward home improvement and space optimization, accelerated by remote work adoption. The reported gross revenue of $2,863,694 substantially exceeds the sub-sector average of $739,341, though this reflects system-wide performance across 12 units rather than individual franchise results.

With 37 years of operational history since 1987, the franchise demonstrates proven business model stability, though the 12-unit system size indicates limited expansion compared to larger franchise networks. This smaller scale may offer more personalized franchisor support but potentially less brand recognition.

Ideal investors should possess strong sales and customer service backgrounds with sufficient liquid capital for the premium investment tier. The business model requires managing custom manufacturing relationships, in-home consultations, and installation coordination. Territory exclusivity and demographic targeting toward affluent homeowners are critical success factors. Prospective franchisees should thoroughly review the FDD and conduct comprehensive due diligence, particularly regarding territory rights and operational support systems given the system's boutique scale.
Did you know? Did you know that launching your own Closet & Storage Concepts franchise - a thriving home organization business that transforms cluttered spaces into beautifully organized storage solutions - requires a total investment ranging from $110,300 to $624,900, which includes the $44,500 franchise fee plus all the equipment, inventory, and startup capital you'll need to begin helping homeowners create their dream closets and storage systems?

Financing partners

Vetted partners, tailored to franchisees

Your Franzy advisor can connect you with these partners later in the process — competitive rates, specialized in franchise financing.

FranFund

Lender

CRF USA

Nonprofit SBA lender; provides financing for franchise acquisitions, startups, and expansion.

Lender

First Bank of the Lake

Lender

Pension Pros

Lender

FDD Item 7

Initial investment range

$110K–$625K
Most common
$110,300
Minimum
$367,600
Midpoint
$624,900
Maximum

Per FDD Item 7, total initial investment ranges from $110,300 to $624,900. The midpoint $367,600 is what most franchisees report at signing — financing typically reduces cash-at-close by 80–90%. Knowing the investment range helps you plan confidently and ensure you're fully prepared to make the leap.

FDD Item 19

Average gross sales

$4M$3M$2M$2M$800KN/A
$2M
$3M
$3M
2021
2022
2023
Avg
$3M
YOY change (2022 -> 2023)
+8%

According to Item 19 of the Franchise Disclosure Document, Closet & Storage Concepts has an average gross revenue of $3M. (Note: This information is based on the latest FDD in our records. Please review the Franchise Disclosure Document (FDD) and confirm this information directly with the brand. We make no claims of accuracy for the information presented.)

Growth over time

Franchise footprint

0% YoY
201612840
2018
2019
2020
2021
2022
2023
12 units open as of 2023 FDD

2023 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for Closet & Storage Concepts's 2023 FDD. The complete FDD is delivered to you directly by the franchisor, per the FTC Franchise Rule.

Estimated initial investment
FDD Item 7 · PDF
Financial performance representations
FDD Item 19 · PDF
Members-only items
Executive team
FDD Item 2 · PDF
Litigation
FDD Item 3 · PDF
Bankruptcy
FDD Item 4 · PDF
Franchisor assistance
FDD Item 11 · PDF
Members only
Unlock the 2023 FDD

Connect to download Items 2, 3, 4, and 11 — direct from the franchisor.

Buyer FAQs

Frequently asked questions

The initial investment for a Closet & Storage Concepts franchise typically ranges between $110,300.00 and $624,900.00. This includes the franchise fee, equipment, real estate, and other startup costs. To get a detailed breakdown and better understand the financial requirements, we recommend scheduling a call with the Franzy team. We'll walk you through the specifics and answer any questions you might have. For more detailed information, refer to the financial sections of the FDD.

Disclaimer. The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2023. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

Closet & Storage Concepts
Closet & Storage Concepts
$3M avg revenue · 8+ US franchises

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