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Home ServicesRevenue OnlyItem 19: ✓ DisclosedHigh Confidence · 95/100FDD data: 2024 · Aging

Closet & Storage Concepts Franchise Cost and Profit

FDD-based startup cost, franchise fee, revenue, profit, SBA default rate, and investment risk signals for Closet & Storage Concepts.

Based on 2024 FDD · 1 filing in corpus

FranchiseIQ Score
71
B
Moderate-Low Risk
Composite score from 3 risk dimensions. Click for breakdown ↓
Health Score
B
71/100
6/7 metrics · High confidence
Full analysis unlocks:
✓ Cash-on-Cash return
✓ Payback period
✓ SBA default rate
✓ Red flags assessment
✓ Comparable franchises
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Cost and profit at a glance

How much does a Closet & Storage Concepts franchise cost and make?

Based on FDDIQ's FDD corpus, a Closet & Storage Concepts franchise shows an estimated initial investment of $113K – $621K. Reported owner economics show $377K. Use the links below to compare the cost, revenue, SBA loan history, and ROI against other franchises before you request the full FDD.

Startup Cost
$113K – $621K
Total initial investment
Profit / Revenue
$377K
FDD Item 19 signal
Payback Signal
1.0 years
Modeled return metric
SBA Default Rate
0.0%
Loan repayment history
Compare franchise costs →Estimate franchise ROI →Check SBA default rates →Browse Home Services franchises →Compare similar franchises →

Quick fee read: $45K franchise fee · 5% royalty/ad burden. These figures are directional screening data, not a substitute for reading the current FDD and speaking with existing operators.

Free decision snapshot

Before you talk to Closet & Storage Concepts, check the numbers buyers usually miss.

The unlocked report ties this brand's FDD disclosures to SBA outcomes, Item 20 movement, fee load, missing-data labels, and buyer assumptions — so you can decide whether this is worth deeper diligence.

FDD disclosure qualitySBA default outcomesItem 20 unit movementFee/cost stressComparable brands
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Closet & Storage Concepts Franchise Analysis

Closet & Storage Concepts requires a total initial investment of $113K to $621K (midpoint approximately $367K), with an initial franchise fee of $45K. The ongoing fee burden is 5% . This is below the industry average of approximately 22.3%, leaving more margin for the operator.

According to Item 19 of the 2024 FDD, the median revenue for Closet & Storage Concepts locations is $2.9M. The implied franchisee EBITDA is approximately $377K, based on the margin assumptions disclosed in the FDD. The estimated cash-on-cash return is 102.7% with a payback period of approximately 1.0 years.

Closet & Storage Concepts operates approximately 0 franchised units. The SBA 7(a) loan default rate of 0.0% is well below the industry average of approximately 4.9%, indicating strong franchisee financial outcomes.

Prospective franchisees should verify all figures against the most recent FDD, conduct validation calls with multiple existing franchisees, and consult with a franchise attorney before signing any agreement.

Analysis based on 2024 FDD filing. FDDIQ Editorial Team · Methodology

Total Investment Range$113K – $621K
MinMid: $367KMax

Key Metrics

Franchise Fee
$45K
Royalty Rate
5%
Ad Fund Rate
0%
Total Burden
5.0%
Royalty + ad fund
Units (2023)
-
-1 vs prior yr
Net Unit Growth
→ -
Year over year
Net Closure Rate
100%
From FDD Item 20
Cash-on-Cash Return
102.7%
Annual estimated return
Payback Period
1.0 yrs
Break-even timeline
SBA Default Rate
0.0%
vs ~7.2% industry avg
Median Revenue
$2.9M
Item 19 disclosed
Red Flags Assessment
LOW: Single-year corpus
LOW ×1
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CoC ReturnPayback PeriodSBA Default RateMedian RevenueEbitda MarginRisk Score
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Estimated using sector-average margins. Actual franchise economics vary by location, operator, and market conditions.

Closet & Storage Concepts vs. Home Services Average

MetricCloset & Storage ConceptsHome Services Avg
SBA Default Rate0.0%▲4.9%
Cash-on-Cash Return102.7%▲22.3%
Total Investment$367K$145K

Industry averages based on FranchiseIQ corpus benchmarks. ▲ = better than avg, ▼ = worse.

SBA Loan Performance

Real lending data from SBA 7(a) loans (2019-2024). 4 loans across 2 states.

Default Rate
0.0%
Low Risk
Total SBA Loans
4
2 states
Total Loan Volume
$1.3M
SBA 7(a) approved
Avg Loan Size
$325K
Per franchisee
Loan Status Breakdown
2
Paid in Full (50%)
2
Currently Active
0
Charged Off
$0
Total Charged Off ($)
● Paid● Active● Charged Off

Source: SBA 7(a) loan data via FOIA. Default rate = charged-off loans / total originated. Industry avg default rate ~7.2%.

Compare

Closet & Storage Concepts vs Assisting Hands Home CareCloset & Storage Concepts vs FIVE STAR PAINTINGCloset & Storage Concepts vs Computer Troubleshooters

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Assisting Hands Home Care
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$77K–$185K
Computer Troubleshooters
Limited Data
$20K–$45K
Assisting Hands Home Care
$97K – $180K
FIVE STAR PAINTING
$77K – $185K
Computer Troubleshooters
$20K – $45K
Inspect-It 1st
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Questions to Ask Before You Sign

5 data-driven questions every Closet & Storage Concepts franchise buyer should ask.

  1. 1.What is Closet & Storage Concepts's SBA default rate compared to its competitors?Learn more →
  2. 2.Does Closet & Storage Concepts disclose Item 19 financial performance representations?Learn more →
  3. 3.What is the net unit growth trend over the past 3 years?Learn more →
  4. 4.What is the franchisee termination and transfer rate per Item 20?Learn more →
  5. 5.What do the FDD litigation disclosures (Item 3) reveal about franchisor legal history?Learn more →
Generate attorney questions for Closet & Storage Concepts →Validation call guide →
Data sourced from publicly filed Franchise Disclosure Documents (FDDs) submitted to state franchise regulators. SBA loan data from public SBA 7(a) records. Information reflects the most recent FDD filing in our database and may not reflect current terms. Always verify with the franchisor's current FDD before making any investment decision. Not legal or financial advice.

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