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FranchiseVerdict

How Much Does a Closets By Design Franchise Cost?

Data from the 2025 Franchise Disclosure Document

Investment Summary

Total Investment

$154K – $511K

Franchise Fee

$20K

Royalty

Greater of (i) 7.25% of Gross Revenues, or (ii) Minimum Royalty of $3,000 per month.

Ad Fund

2.3%

Cost Breakdown

Initial Franchise Fee

The initial franchise fee for Closets By Design is $20K. This one-time payment covers the right to operate under the brand, access to proprietary systems, and initial training programs.

Total Investment Range

Opening a Closets By Design franchise requires a total investment of $154K – $511K. This range typically includes real estate or leasehold improvements, equipment and fixtures, initial inventory, signage, insurance, and working capital to sustain operations during the ramp-up period.

Working capital alone ranges from $25K to $75K.

Ongoing Costs

Beyond the initial investment, Closets By Design franchisees pay ongoing fees. The royalty structure is: Greater of (i) 7.25% of Gross Revenues, or (ii) Minimum Royalty of $3,000 per month.. The advertising or brand fund contribution is 2.3% of gross sales. There is also a technology fee of $3K.

Net Worth & Liquid Capital Requirements

Closets By Design requires working capital of $25K – $75K to cover initial operating expenses. This is the liquid cash you should have available beyond the franchise fee and buildout costs.

What Can You Earn?

According to Closets By Design's Item 19 financial performance representation:

$9.9MAvg. Gross Sales

Median gross sales: $7.2M

This figure comes from Item 19 of the FDD. Gross sales are not the same as take-home profit. After deducting royalties, ad fund fees, rent, labor, and COGS, net income is typically a fraction of gross revenue.

How Do Banks View Closets By Design?

SBA Loans Issued

45

Default Rate

17.1%

The SBA (Small Business Administration) tracks loan performance for franchise brands. Closets By Design has 45 SBA-backed loans on record. The default rate is 17.1%, which is near the franchise industry average. A lower default rate generally indicates that lenders view the franchise as a safer investment, though past performance does not guarantee future results.

Next Steps

Talk to current Closets By Design franchise owners

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