Closet Factory vs Worldwide Refinishing System
Franchise Comparison 2026
Both Closet Factory and Worldwide Refinishing System are home services franchises. Closet Factory requires an investment of $393K – $664K while Worldwide Refinishing System requires $330K – $655K. In terms of revenue, Closet Factory reports higher average unit revenue at $6.1M. Note: Averaged per franchisee, not per outlet - not comparable with per-outlet figures. Worldwide Refinishing System has SBA lending data on file with a 16.7% charge-off rate. FranchiseVerdict rates Closet Factory A (Strongest tier) and Worldwide Refinishing System B (Above average).
| Metric | Closet Factory | Worldwide Refinishing System |
|---|---|---|
| Verdict Grade | AStrongest tier | BAbove average |
| Investment Range | $393K – $664K | $330K – $655K |
| Franchise Fee | $59K | $48K |
| Royalty Rate | 6.8% | 7.0% |
| Average Revenue (Item 19) | $6.1MPer franchisee, not per outlet | $1.6M |
| SBA Charge-Off Rate | Limited data | 16.7% (12 loans) |
| Total Units | 92 | 47 |
| Unit Growth (YoY) | +8 units | +4 units |
| Year Began Franchising | 1985 | 1975 |
| FDD Year | 2025 | 2026 |
Investment Range
$393K – $664K
$330K – $655K
Franchise Fee
$59K
$48K
Royalty Rate
6.8%
7.0%
Average Revenue (Item 19)
$6.1MPer franchisee, not per outlet
$1.6M
SBA Charge-Off Rate
Limited data
16.7% (12 loans)
Total Units
92
47
Unit Growth (YoY)
+8 units
+4 units
Year Began Franchising
1985
1975
FDD Year
2025
2026