Clozetivity designs, sells, and installs custom closet and organizational systems for homes, offices, garages, and commercial spaces. The franchise provides tailored storage solutions for various environments.
Key Insights
- Clozetivity originated from founders understanding that customers deserved significantly better options than what was currently available in the marketplace, leading to development of comprehensive service solutions that prioritize quality, reliability, and exceptional customer experiences.
- Project management systems coordinate multiple specialists and trades to ensure efficient completion of complex restoration work while maintaining strict quality standards, utilizing detailed scheduling and communication protocols that keep all stakeholders informed throughout the restoration process.
- The market demonstrates consistent growth driven by demographic changes, evolving consumer expectations, and increased awareness of service quality, creating opportunities for businesses that can adapt to changing needs while maintaining high standards of professional service delivery and customer satisfaction.
Franchise Fee and Costs to Open
Exploring the financial picture of Clozetivity gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $81,500 - $157,500, along with a franchise fee of $39,000 - $39,000.
Financial Performance and Revenue
Yearly gross sales of $512,116 and estimated earnings of $71,697 - $92,181 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 2.0-4.0 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.
Training and Resources
Bright Brothers provides comprehensive initial training for new franchisees. This intensive program spans two weeks and is conducted at our central training facility. Bright Brothers offers a detailed operational manual and ongoing support. We also provide access to digital resources and recommend utilizing our established marketing materials.
Legal Considerations
Legal considerations for a Clozetivity franchisee are outlined in the Franchise Disclosure Document (FDD) and the Franchise Agreement. Note that this franchise discloses lawsuits and/or bankruptcy information in its FDD, which may impact your evaluation. Subscribe now to access more details and be sure to consult a qualified attorney before proceeding.
Challenges and Risks
Operating a home and building services franchise like Bright Brothers presents several considerations. Local market saturation with established service providers necessitates a strong brand and service differentiation strategy. Managing a diverse range of services, from repairs to installations, involves operational coordination and skilled workforce development. Dependence on particular suppliers for materials or equipment can also require contingency planning to ensure service continuity.
Franchise Datasheet
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