Tailored LivingFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A Tailored Living franchise requires a total initial investment of $185K – $299K, including a $20K franchise fee. Per the 2022 FDD, average unit revenue was $697K[2]. SBA 7(a) loans show a 28.6% charge-off rate across 37 loans[1]. Verdict grade: D. Run a live ROI scan →
Data last verified June 21, 2026 · figures per the 2022 FDD issuance
Overview
- Investment
- $185K – $299K
- 67th pct Home Services
- Avg gross sales
- $697K
- 24th pct Home Services
- Royalty
- N/A
- Units
- 164
- 64th pct Home Services
- SBA default
- 28.6%
- system-wide median varies by category
Quick verdict · Home Services · color = vs category peers
Green = >15% above Home Services avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
28.6% of SBA loans charged off across 37 loans, above the 16% franchise average.
Franchised units fell from 164 to 156 over 3 years. Investigate why operators are leaving.
Bottom line
- Total investment $185K – $299K including a $20K franchise fee.
- Average unit revenue of $697K/year (median $433K).
- Verdict D (Below Average) with a risk score of 75/100. SBA loan charge-off rate of 28.6% across 37 loans (well above the 16% franchise average, based on all SBA 7(a) franchise lending, 2010–2024).
- Bankruptcy history disclosed in the FDD. Review Item 4 for details before proceeding.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- Organized Spaces, LLC
- Parent company
- Home Franchise Concepts, LLC
- Ultimate parent
- JM Family Enterprises, Inc.
- CEO title
- President
- Heather Nykolaychuk
- Incorporated in
- CA
- HQ
- 19000 MacArthur Boulevard, Suite 100, Irvine, CA 92612
- Auditor
- BDO USA, LLP
- Audited financials
- Franchisor revenue
- $5.7M
- vs $6.4M prior year
- Management churn noted
- Frequent turnover
- Item 2 disclosed frequent executive changes
Overview
About
Franchisees operate customized home organization and storage solution businesses, designing and installing closets, shelving, and storage systems for residential clients. Day-to-day work involves in-home consultations, design specification, project management, and installation coordination or direct installation labor. Revenue is project-based with recurring opportunity from repeat clients and referrals.
- CEO
- Heather Nykolaychuk
- Headquarters
- CA
- Founded
- 2006
- FDD year
- 2022
- States available
- 39
FDD Item 7 · 2022 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $20K | $20K |
| Working capital (3–6 mo) | $55K | $65K |
| Equipment, build-out, other | $110K | $214K |
| Total initial investment | $185K | $299K |
Source: Tailored Living 2022 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Single-unit · estimated
Returns at a glance
Indicative numbers using FDD Item 7 / Item 19 inputs and category-benchmarked cost ratios. Full single-unit, 25-unit portfolio, and LBO models (with every input editable to stress-test your own scenario) live on the financials page.
Store EBITDA · annual
$84K
12.0% margin
Unlevered ROIC
28%
EBITDA / total invested capital
Payback
3.6 yrs
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $185K – $299K
- Below avg, review vs category
- Liquid capital req'd
- $55K – $65K
- Below avg, review vs category
- Franchise fee
- $17K – $20K
- Better than avg vs category
- Royalty
- $300 - $2,000 monthly flat fee
- Ad fund
- 1.0%
- typical 3–5%
- Total fee load
- 1.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty (flat) | Monthly Payment $300 – months 1-6, $700 – months 7-12, $1,100 – months 13-24, $1,500 – months 25-36, $2,000 – months 37 and later |
| Marketing / ad fund | 1.0% of gross sales |
| Technology fee | $300 |
| Training fee | $150 |
| Transfer fee | $20K |
| Renewal fee | $5K |
| Total fee load | 1.0% of rev |
A 1.0% total fee load is unusually lean. More of each revenue dollar stays with the franchisee.
Financial Performance
- Avg gross sales
- $697K
- Per unit, per year
- Median gross sales
- $433K
- Item 19 type
- gross_sales
- Sample size
- 72 units
- vs category median 25 · large
- Range (low → high)
- $133K→$11.9M
- Cohort dispersion (min → max)
- Reporting year
- 2021
- Fiscal year the figures cover
- Transparency
- 6 / 5
- vs category median 4 / 5 · above
Compared against 349 Home Services brands
vs Home Services averages
How Tailored Living Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 164
- Opened
- 15
- Last reporting year
- Closed
- 6
- Terminated
- 5
- Franchisor ended the franchise (per Item 20)
- Turnover rate
- 3.7%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
- Net growth (yr3)
- +5.8%
- Net unit change last year
- 3-yr CAGR
- +5.1%
- Compounded over last 3 years
3-year detail · Item 20
- Transfers (3yr)
- 0
- Projected new
- 17
- Franchisor's next-year forecast
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 22 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator. Not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
- Total loans
- 37
- Loan volume
- $8.1M
- Median loan
- $150K
- 50th percentile
- Charge-off rate
- 28.6%
- rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- 80.0%
- 5-yr charge-off
- 16.7%
- Loans approved 2021+
- Active lenders
- 17
- Defaults
- 6
Vintage analysis
Tailored Living charge-off rate by loan vintage
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into Tailored Living's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 10 lenders with concentration factor
- Per-state charge-off rates across 15 states
- Startup risk premium and job creation velocity
- 6-year lending trend
Instant access. No subscription.
A 28.6% charge-off rate means roughly 1 in 3 franchisees failed to repay their SBA loan. Investigate what changed.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Tailored Living presents moderate-to-cautious risk: undisclosed profitability, sluggish unit growth, regulatory history in affiliate, and high capital requirement without clear earnings visibility.
Litigation (Item 3)
Administrative proceeding before Securities Commissioner of Maryland (Case No. 2004-0162). Aussie Pet Mobile entered into Consent Order on January 25, 2006 with Maryland Attorney General Securities Division requiring cease and desist from certain actions, rescission of franchise agreements with one franchisee, and implementation of new franchise law compliance procedures. No monetary sanctions.
Bankruptcy (Item 4)
Disclosed in last 7 years
Mark N. Libby and Karen F. Libby, United States Bankruptcy Court, Central District of California, No. 9:14-BK-11673-DS. Chapter 7 petition filed September 2014. Petition granted and debtor discharged November 17, 2014.
Audited financials (Item 21)
Yes · BDO USA, LLP
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: Yes
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 75 / 100 rating
- 01MEDNo Item 19 (Average Net Income) disclosed — impossible to validate ROI claims or profitability benchmarks
- 02MINORSlow unit growth (5.8% YoY) suggests market saturation or franchisee satisfaction issues in a mature 164-unit system
- 03HIGH2006 litigation by affiliate (Aussie Pet Mobile) for Maryland Franchise Law violations indicates potential regulatory compliance patterns in parent organization
- 04MINORHigh initial investment ($185K–$299K) paired with unclear profit margins creates significant downside risk
- 05MINORFlat monthly royalty structure ($300–$2,000) lacks transparency on performance thresholds — how is tier determined?
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 2 |
| Territory type | Zip Codes |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory population | 100,000 |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 25 mi |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Arbitration location | Orange County, California |
| Jury trial waiver | Yes |
| Governing law | California |
| Litigation count | 1 |
View Item 3 litigation summary
Administrative proceeding before Securities Commissioner of Maryland (Case No. 2004-0162). Aussie Pet Mobile entered into Consent Order on January 25, 2006 with Maryland Attorney General Securities Division requiring cease and desist from certain actions, rescission of franchise agreements with one franchisee, and implementation of new franchise law compliance procedures. No monetary sanctions.
Items 10, 11
Training & Operations
- Classroom training
- 88 hrs
- On-the-job training
- 0 hrs
- Training location
- On-site and off-site
- Ongoing training
- Required
- Time to open
- 3 mo
- From signing to launch
Items 5 & 11
Franchisor Support
Item 20 · call current owners
Franchisee Contacts
50 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Tailored Living · FDD (2022) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Tailored Living franchise?
The total investment to open a Tailored Living franchise ranges from $185K – $299K, with an initial franchise fee of $20K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Tailored Living franchise owners earn?
According to Item 19 of the Tailored Living FDD, the average gross sales per unit is $697K. The median is $433K. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is Tailored Living's franchise failure rate?
Based on SBA 7(a) loan data, Tailored Living has a charge-off rate of 28.6% across 37 loans, meaning 28.6% of franchise loans were charged off. Charge-off rates are one proxy for franchise risk, though they do not capture all closures. This data comes from FOIA-sourced SBA lending records.
How many Tailored Living franchise locations are there?
As of their most recent FDD filing, Tailored Living has 164 total units in the United States, including 164 franchised units and 0 company-owned units. 15 new units were opened in the latest reporting year.
Is Tailored Living a good franchise to buy?
FranchiseVerdict rates Tailored Living as a D-grade franchise with a risk score of 75 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.