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. On SBA loan performance, Worldwide Refinishing System has a lower charge-off rate (16.7%) compared to Closet Factory (29.3%). FranchiseVerdict rates Closet Factory C (Average) and Worldwide Refinishing System B (Above average).
| Metric | Closet Factory | Worldwide Refinishing System |
|---|---|---|
| Verdict Grade | CAverageAverage | BAbove averageAbove average |
| Investment Range | $393K – $664K | $330K – $655K |
| Franchise Fee | $59K | $48K |
| Royalty Rate | Greater of 6.75% of Gross Receipts or $975 per week (minimum not applicable until 40th week after opening) | 7.0% |
| Average Revenue (Item 19) | $6.1M | $1.6M |
| SBA Charge-Off Rate | 29.3% (41 loans) | 16.7% (12 loans) |
| Total Units | 92 | 47 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 1985 | 1975 |
| FDD Year | 2025 | 2026 |
Investment Range
$393K – $664K
$330K – $655K
Franchise Fee
$59K
$48K
Royalty Rate
Greater of 6.75% of Gross Receipts or $975 per week (minimum not applicable until 40th week after opening)
7.0%
Average Revenue (Item 19)
$6.1M
$1.6M
SBA Charge-Off Rate
29.3% (41 loans)
16.7% (12 loans)
Total Units
92
47
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
1985
1975
FDD Year
2025
2026