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| Brand | The Closet Trading Co. Business Services Remove | LABOR FINDERS Business Services Remove |
|---|---|---|
| Vitals | ||
Investment range | $157K – $370K | $160K – $363K |
Liquid capital | $25K – $90K | $74K – $184K |
Franchise fee | $60K | $20K |
Royalty rate | 5.0% | 3.5% |
Ad fund rate | 1.0% | N/A |
| Performance | ||
Avg gross sales | $592K | N/A |
Median gross sales | $645K | N/A |
Avg owner earnings Metric varies by brand. Check type below | $69K | N/A |
Earnings metric | P&L Bottom Line | Not classified |
| Risk | ||
Rating | BAbove Average | CAverage |
Risk score | 54 / 100 | 65 / 100 |
SBA charge-off rate | N/A | N/A |
SBA loans on record | 1 | N/A |
| Scale | ||
Total units | 8 | 166 |
Net change (latest yr) | N/A | N/A |
Turnover rate | 0.0% | 1.8% |
| Contract | ||
Initial term (years) | 10 | 10 |
Renewal term (years) | 10 | 10 |
Initial training (hrs) | 74 | 80 |
| Contacts | ||
Franchisee phones | 3 | 93 |
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