THE TAILORED CLOSET vs iFoam
Franchise Comparison 2026
Both THE TAILORED CLOSET and iFoam are home services franchises. THE TAILORED CLOSET requires an investment of $177K – $271K while iFoam requires $172K – $266K. In terms of revenue, iFoam reports higher average unit revenue at $1.4M. iFoam has SBA lending data on file with a 6.1% charge-off rate. FranchiseVerdict rates THE TAILORED CLOSET A (Top Quintile) and iFoam C (Average).
| Metric | THE TAILORED CLOSET | iFoam |
|---|---|---|
| Verdict Grade | ATop QuintileTop Quintile | CAverageAverage |
| Investment Range | $177K – $271K | $172K – $266K |
| Franchise Fee | $20K | $15K |
| Royalty Rate | greater of: (a) 5% of Gross Revenue or (b) $500 per month per territory for the first year and $1,000 per month thereafter | The greater of (i) $3,000 per month; or (ii) $3.00 per 1,000 general population |
| Average Revenue (Item 19) | $507K | $1.4M |
| SBA Charge-Off Rate | N/A | 6.1% (66 loans) |
| Total Units | 136 | 90 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2006 | 2022 |
| FDD Year | 2026 | 2025 |
Investment Range
$177K – $271K
$172K – $266K
Franchise Fee
$20K
$15K
Royalty Rate
greater of: (a) 5% of Gross Revenue or (b) $500 per month per territory for the first year and $1,000 per month thereafter
The greater of (i) $3,000 per month; or (ii) $3.00 per 1,000 general population
Average Revenue (Item 19)
$507K
$1.4M
SBA Charge-Off Rate
N/A
6.1% (66 loans)
Total Units
136
90
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2006
2022
FDD Year
2026
2025