KEY FRANCHISE STATS
All you need to know about this franchise in a snapshot
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Up Closets is a pioneering custom closet company that leverages artificial intelligence to deliver instant designs and one-day installations at fair prices. Founded by Thomas Scott, the company is headquartered in Nashville, Tennessee.
The company offers a range of products, including custom-designed walk-in closets, reach-in closets, pantries, garages, mudrooms, and laundry rooms. Their use of AI-driven design software enables rapid customization, often providing designs within minutes, and their efficient processes allow for installations to be completed in just one day.
Up Closets differentiates itself from competitors by combining state-of-the-art design technology with a commitment to affordability and customer satisfaction. Their emphasis on quick turnaround times and professional installation ensures a seamless experience for clients seeking to enhance their home organization.
Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
Up Closets offers 2 types of franchises:
We are summarizing below the main costs associated with opening a Large Up Closets Territory. For more information on the costs required to start a Up Closets franchise, refer to the Franchise Disclosure Document (Item 7).
The Up Closets franchise provides the following types of training programs:
The Up Closets franchise provides limited territorial protection to its franchisees. Each franchise is granted a defined territory based on demographics, market potential, and geographic considerations, typically including a population of approximately 750,000 people for a large territory or 250,000 for a smaller one.
This protection means the franchisor will not establish or authorize another franchisee to operate within the defined territory, ensuring exclusivity within that area. However, territorial protection does not prevent the franchisor from operating in other capacities outside the franchisee's defined area.
For example, the franchisor reserves the right to engage in other business models, such as nontraditional retail concepts, or sell products through alternative channels. The franchise agreement explicitly limits territorial rights to what is stated, and franchisees may still face indirect competition from other business activities conducted by the franchisor.
Up Closets
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$78,000
$67,000
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$170,000
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Home Services
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