Up Closets Custom Closets - Franchise
Are you passionate about home organization, home improvement and helping people make their personal spaces much better? If you fall into this group and have been wanting to start your own business, Up Closets might be that perfect fit. Up Closets is in the business of designing, selling and installing beautiful custom closet systems for clients. Inquire to learn more!
Requirements
Financial requirements for this franchise:
Liquid Capital: | $50,000 What does Liquid Capital mean? |
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Total Investment: | $59,150 - $110,000 What does Total Investment mean? |
Franchise Fee: | $39,000 - $78,000 |
Options
Options available to franchisees:
Training: | Available |
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Veteran Discount: | Yes |
What Does an Up Closets Custom Closets Franchise Cost?
To buy a franchise with Up Closets Custom Closets, you'll need to have at least liquid capital of $50,000. Franchisees can expect to make a total investment of $59,150 - $110,000. They also offer a discount for veterans. *
Own an Up Closets Custom Closets Franchise
Up Closets has been designed to be something new and unique in the half century old custom closet industry: a lean-to-run and potentially-profitable home service business that runs with few employees, low overhead, highly-effective and disruptive marketing and software that leverages the newest artificial intelligence technology to design closets faster and more efficiently.
We offer state of the art closet systems that are generally priced more attractive than our competition. We do this by carefully sourcing manufacturers to supply our franchise owners at excellent rates and we don’t up-charge our owners for this. You pay our full wholesale rate with no markup! This means you can deliver higher margin jobs and still be priced better than most existing closet companies in your market.
Consider the Industry Stats
- The average homeowner now has over 300,000 belongings!
- The size of a typical home in the US has tripled in the last fifty years
- 1 in 10 Americans rent a self-storage space
- 1 in 9 Americans is late to work because they were looking for misplaced items
- The top reason to purchase a new home is not enough storage space
- Messy or unorganized closets contribute directly to stress and mental health issues
- Custom, organized closets don’t have to cost a ton and they greatly add to the value of a home
Spending on home improvement and on custom closets in general has skyrocketed! The COVID pandemic forced people to rethink their home lives – with many now working from home for good – and as a result they decided they didn’t want to skimp on their closets, pantries, garages, mudrooms and laundry rooms.
Fast forward and high interest rates combined with historically high levels of home equity mean spending on custom closets has skyrocketed again – even during the recession.
How Do I Get Customers?
This is perhaps the best reason to open an Up Closets franchise!
In today’s market, people seek out experts for specific problems – such as a closet designer or pantry designer – and they expect an immediate, human response. We believe in giving customers immediate access to a real, knowledgeable person! We leverage messenger and Instant texting to connect with customers, answer questions and earn quotes.
When you reach out to us, we reply within 5 minutes. You can send in your measurements and a photo via text and we design a few versions of your closet and send it back to you with pricing in less than 15 minutes. This highly personal and immediate service wins us a large share of local business – we are simply organized and are using the best technology to give our customer what we all know they want! All of our marketing systems are designed to generate leads that work like this – as many as 8-10 a day in some markets – for an affordable ongoing cost.
Ideal Candidate
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.
Up Closets is a smart business to open for anyone who is passionate about design and entrepreneurship! Inquire today.
Availability
Up Closets Custom Closets is currently accepting inquiries from the following states:
Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District Of Columbia, Delaware, Florida, Georgia, Idaho, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Michigan, Minnesota, Missouri, Mississippi, North Carolina, Nebraska, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Wisconsin, West Virginia
Interested parties should have at least $50,000 in liquid capital to invest.
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