Up Closets

Up Closets

Franzy VerifiedInformation based on 2026 FDD

Home Services · Other Home Services

Investment min
$95K
Total: $95K–$151K
Avg gross revenue
$759K
Unit-level, 2026
Franchise fee
$49K
Veteran discount available
Royalty
6%
of gross revenue
Locations
76
Franchising since 2022

Description

What is Up Closets?

Up Closets is an innovative home services franchise that specializes in custom storage solutions and closet organization systems. Founded in 2022, this emerging brand has quickly established itself as a trusted name in the home improvement sector by delivering premium, personalized storage solutions that transform cluttered spaces into beautifully organized environments.

The company's comprehensive approach begins with professional design consultations, where expert designers work closely with homeowners to understand their specific storage needs and lifestyle requirements. Using state-of-the-art 3D design technology, Up Closets creates custom solutions for walk-in closets, reach-in closets, pantries, garages, and other storage spaces throughout the home.

What sets Up Closets apart is their commitment to quality craftsmanship and attention to detail. Their installations are carried out by skilled professionals who ensure precise fitting and immaculate finishing. The company offers a wide range of high-quality materials, finishes, and accessories, allowing customers to create storage solutions that not only maximize space efficiency but also complement their home's aesthetic.

For entrepreneurs, Up Closets presents an opportunity to enter the growing home organization industry with a business model that combines design expertise with exceptional customer service. Franchise owners benefit from comprehensive training, proprietary design software, and ongoing support in marketing and operations. The brand's focus on customer satisfaction and quality workmanship has resulted in strong word-of-mouth referrals and repeat business, contributing to its rapid growth and success in the market.
  • Lower minimum investment entry point
  • Growing home organization market opportunity
  • Custom storage solutions specialization
  • Ground-floor franchise system positioning
  • Recession-resistant business model
  • Accessible entry into home services sector

Location Analysis

Where Up Closets wins

Geographic data for Up Closets remains limited given its recent 2022 launch and small 14-unit footprint, though the custom closet category typically thrives in affluent suburban markets with homeownership rates exceeding 65% and median household incomes above $75,000. Sun Belt markets—particularly Texas, Florida, Arizona, and California—have historically supported storage solution franchises due to newer housing stock, population growth, and strong remodeling activity. The appointment-based showroom model reduces dependence on premium retail placement, favoring moderate-traffic locations with accessible parking in light industrial or secondary retail corridors. Target customers span homeowners aged 35-65, including dual-income households investing in move-up homes, empty nesters downsizing efficiently, and growing families seeking functional organization. The minimal online review presence and insufficient location rating data reflect either nascent market penetration or weak digital engagement—both concerns for customer acquisition in a category where design credibility and installation quality drive referrals. Category-wide feedback highlights customer appreciation for space optimization and design creativity, but consistent concerns around pricing transparency, installation delays, and service responsiveness suggest operational execution risks that may vary significantly across early franchise locations. Prospective franchisees should conduct granular territory validation, assessing local competitive density, household income distribution, and renovation market activity. Direct conversations with existing franchisees regarding lead flow, conversion rates, and operational support are essential before selecting territory.
Total US locations
14
Franchise units
76
Corporate locations
3
Avg. sq. footage
N/A

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Availability
CanadaInternational

Financial Analysis

The numbers behind Up Closets

Avg gross revenue$759,168
Investment range$95,350 – $150,550
Investment midpoint$122,950
Brand fund0%
Royalty6%
Franchise fee$49,000
Min. net worth$250,000
Min. liquid capital$50,000

Veteran discount available

Up Closets participates in a veteran discount program on the franchise fee. Ask your Franzy advisor or the brand for current eligibility and terms.

Up Closets presents a very early-stage franchise opportunity founded in 2022 with just 14 units, indicating minimal operational track record and limited proof of concept across diverse markets. The investment range of $95,350-$150,550 positions this as a relatively accessible entry point in the home services sector, likely reflecting lower overhead from an appointment-based showroom model rather than high-traffic retail requirements. The reported gross revenue of $759,168 suggests moderate unit-level performance, though without clarity on whether this represents system-wide averages, top performers, or specific location data, franchisees face significant uncertainty in projecting financial outcomes. The custom closet category typically requires skilled design consultation, precise installation coordination, and vendor relationship management, introducing operational complexity that may challenge inexperienced operators. Scalability depends heavily on local market density, lead generation effectiveness, and installation crew availability—factors unproven at this early franchise stage. The brand's youth means limited infrastructure support, undeveloped marketing systems, and minimal peer network for troubleshooting. While the storage/organization sector benefits from consistent residential renovation demand, Up Closets' financial viability remains largely unvalidated. Prospective franchisees should approach with caution, demanding detailed unit economics, customer acquisition cost data, and candid discussions about early-stage operational challenges before committing capital.
Did you know? Up Closets is a custom closet and storage solutions franchise in the Home Services sector requiring an initial investment between $95,350 and $150,550. Founded in 2022 with 14 current units, this represents an early-stage opportunity in the organization and storage category. The franchise fee information was not disclosed in available materials, warranting clarification during candidate discussions with the franchisor.

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

The model

How Up Closets works

01
Ownership
Part-Time (Executive)

Owner stays in an executive role — sets strategy, hires a manager, and oversees crews. Typically 5–20 hr/wk after ramp; many keep their day job.

Full-Time

Owner runs the business as their primary job — leads the team day-to-day on the ground, 40+ hr/wk.

02
Revenue
Revenue model not specified.
03
Customer
B2B

Sells to businesses, contractors, or property owners.

B2C

Sells directly to consumers and homeowners.

Mixed

Serves both businesses and consumers.

FDD Item 7

Initial investment range

$95K–$151K
Most common
$95,350
Minimum
$122,950
Midpoint
$150,550
Maximum

Per FDD Item 7, total initial investment ranges from $95,350 to $150,550. The midpoint $122,950 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.

Growth over time

Franchise footprint

+1300% YoY
201612840
2020
2021
2022
2023
2024
14 units open as of 2026 FDD+13 in last 12 mo

2026 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for Up Closets's 2026 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 2026 FDD

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

Buyer FAQs

Frequently asked questions

The initial investment for a Up Closets franchise typically ranges between $95,350.00 and $150,550.00. 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) we have on record, which was issued in 2026. 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. Only the franchisor can confirm that the information is complete and accurate and we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

Up Closets
Up Closets
$759K avg revenue · 76+ US franchises

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