The Tailored Closet Franchise Review
The Tailored Closet is graded based on our most recent research.
Franchise Facts
How much does a The Tailored Closet franchise cost?
The Tailored Closet has a franchise fee of up to $19,950, with a total initial investment range of $155,220 to $268,675.- Initial Franchise Fee: $19,950
- Total Investment: $155,220 to $268,675
- Working Capital: $31,000 to $46,000
- Royalty Fee: 7.0%
The initial cost of a franchise includes several fees -- Unlock this franchise to better understand the costs such as training and territory fees.
How much does a The Tailored Closet franchise make?
Franchise revenue and profits depend on a number of unique variables, including local demand for your product, labor costs, commercial lease rates and several other factors. We can help you figure out how much money you can make by reviewing your specific situation. Please unlock this franchise for more information.How many franchise locations do they have?
As of the 2024 Franchise Disclosure Document, there are 162 franchised The Tailored Closet locations in the USA.Are there any The Tailored Closet franchise opportunities near me?
Based on 2024 FDD data, The Tailored Closet has franchise locations in 37 states. The largest region is the South with 69 franchise locations.AL
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This franchise is expanding into new markets and might be available near you. One of our franchise experts will have detailed knowledge about this brand. Unlock to learn more and connect with our experts.
Last Reviewed: 2024
Category: Organization
The Tailored Closet Franchise Stats
Total Investment
$155,220 - $268,675
Franchise Fee
$19,950
Franchise Agreement
Initial Term
10 Years
10 Years
Renewal Term
5 Years
5 Years
Franchisee Outlet Growth
2021
164
164
2023
162
162
Ongoing Fees
Royalty
7.0%
7.0%
Ad Fees
1.0%
1.0%
# of Franchised Outlets
162
Additional Questions
Do they provide any initial training and opening assistance?
Yes, they have an initial training program of 104 hours. This includes 104 hours of classroom training. In their FDD they outline who’s in charge of the training. Unlock to find out more.Online | 0 |
---|---|
On-the-Job | 0 |
Classroom | 104 |
Total | 104 |
Do they offer Territory Rights?
The Tailored Closet offers territory protections. For an explanation of territorial rights, unlock this franchise for important details.Do they provide Veteran or First Responder Discounts?
Yes, unlock to find out the amount of the discount.When did they begin franchising?
They began franchising in 2006. The average Organization franchise began franchising in 2006.Do they offer financing support?
No, but you can click here to fill out our affordability calculator and understand your financing options.
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- Do they operate any company or affiliate outlets?
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- Are you required to work in the outlet or is this a passive investment opportunity?
- Do they provide discounts for buying more than one franchise?
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