UP Closets

Franchise Fee: $49,000
Royalty: 6% up to 1M in gross revenue then 5%
Total Investment: $93,350 - $150,550
Can Be Home Based: Yes

Founded: 2022
Franchised: 2022
VetFran Member: No

Spending on home improvement and on custom closets in general has skyrocketed! The COVID pandemic forced people to rethink their home lives – with many now working from home for good – and as a result they decided they didn’t want to skimp on their closets, pantries, garages, mudrooms and laundry rooms. Fast forward and high interest rates combined with historically high levels of home equity mean spending on custom closets has skyrocketed again – even during the recession. Up Closets is a smart business to open for anyone who is passionate about design and entrepreneurship!

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