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| Brand | The Closet Trading Co. Business Services Remove |
|---|---|
| Vitals | |
Investment range | $157K – $370K |
Liquid capital | $25K – $90K |
Franchise fee | $60K |
Royalty rate | 5.0% |
Ad fund rate | 1.0% |
| Performance | |
Avg gross sales | $592K |
Median gross sales | $645K |
Avg owner earnings Metric varies by brand. Check type below | $69K |
Earnings metric | P&L Bottom Line |
| Risk | |
Rating | BAbove Average |
Risk score | 54 / 100 |
SBA charge-off rate | N/A |
SBA loans on record | 1 |
| Scale | |
Total units | 8 |
Net change (latest yr) | N/A |
Turnover rate | 0.0% |
| Contract | |
Initial term (years) | 10 |
Renewal term (years) | 10 |
Initial training (hrs) | 74 |
| Contacts | |
Franchisee phones | 3 |
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