Up Closets franchise research

Investment by format

Format-specific estimates only. Do not combine one format's minimum with another format's maximum.

Investment sourceFDD p.20 ↗

Franchise fees and ongoing costs

Franchise fee

$49,000 to $147,000 · Extracted Item 5 scalar range, not a universal minimum or maximum; formats, eligibility, discounts and waivers require original-filing review.

Royalty

6% · Greater of a flat monthly minimum or a tiered % of Gross Sales: 6% up to $1,000,000, 5% between $1,000,000-$2,000,000, 4% above $2,000,000; paid monthly via ACH

Marketing contribution

2% (basis not captured; see original filing)

Technology fee

$650 per month per Single Territory unit (covers Workiz for up to 5 users, website hosting, Google Business optimization, marketing dashboard)

Other fees

National Accounts Fee (10% of Gross Revenue on jobs referred by franchisor); Bookkeeping Fee $349/month to third-party vendor KTA Financial Advisors; Advertising Cooperative up to 2% of Gross Revenue if formed (none formed as of FDD date)

Working capital (FDD Item 7)

$20,000-$50,000 (Single Territory), $30,000-$70,000 (Double Territory), $30,000-$85,000 (Triple Territory) in cash reserves for payroll, suppliers, and vendors during the first 3 months of operation.

Fees sourceFDD p.13 ↗

Working capital is drawn from Item 7. The Investment source below locates the investment section, not an independently verified working-capital scalar.

Investment sourceFDD p.20 ↗

Franchise fee sourceFDD · page not captured ↗

Financial performance: Item 19

Item 19 captured

Yes

Metric / basis

Gross Revenue by quartile (top/median/bottom performers), plus average ticket, close rate, number of consultations, closets sold, average cost per consult, average monthly marketing spend by sales headcount, and average cost of goods (% of Gross Revenue)

Reporting period

12 months, November 1, 2024 to October 31, 2025

Sample

20 franchised locations (of 76 franchised outlets at 2025 year end) with at least 12 months of operation, full advertising programs, and minimum staffing levels; 5 franchisees per quartile

Reported average

Not captured

Reported median

$668,778

Owner income is not captured. Gross sales and EBITDA are not owner pay. Results depend on the disclosed metric, sample and period; consult the full filing.

Item 19 performance sourceFDD p.50 ↗

Unit growth: Item 20

Reporting year

2025

Scope

franchised outlets

Starting outlets

41

Year-end outlets

76

Net change

+35

Derivation

ending minus starting outlets

Openings

41

Terminations

4

Non-renewals

0

Other closures

0

Reacquisitions

0

Transfers

3

Transfers are not closures. Net change is ending minus starting outlets for the stated scope and year, or complete openings less terminations, non-renewals, other closures and reacquisitions. Missing inputs stay unknown.

Unit growth sourceFDD p.53 ↗

SBA loan history

Loan activity

6 approvals

Activity window

FY2021-FY2026 YTD; snapshot 2026-06-30

Median SBA loan

$175,000

Median loan window

FY2023-FY2026 YTD through 2026-06-30

Median loan sample

6 loans

Historical charge-off share

Suppressed: fewer than 10 seasoned loans

Cohort

7(a) FY2010-2019 approvals

Numerator / denominator

0 / 0

Formula

CHGOFF / (PIF + CHGOFF + EXEMPT) × 100

This is a historical loan-level share, not a franchise failure probability or location survival rate. Loan size is not total investment. Other loan statuses are excluded from the seasoned denominator. Activity combines 7(a) and 504 approvals, excluding canceled and not-funded records; this is not a rolling five-year count. FY2024-25 franchise tags are sparse after directory suspension; fewer tagged loans do not establish brand decline. Recent charge-off cohorts are immature.

SBA loans sourceSBA data · Jun 30, 2026 ↗

Median loan amounts are financing context, not startup cost. The median window is separate from the seasoned charge-off cohort.

Median SBA loan sourceSBA data · Jun 30, 2026 ↗

Questions before you invest

How much does Up Closets franchise cost?

Single Territory: $95,350 to $150,550; Double Territory: $156,700 to $233,000; Triple Territory: $210,200 to $300,500 These are format-specific estimates, not a guaranteed cash requirement. Franchise fee: $49,000 to $147,000 · Extracted Item 5 scalar range, not a universal minimum or maximum; formats, eligibility, discounts and waivers require original-filing review..

Investment sourceFDD p.20 ↗

Franchise fee sourceFDD · page not captured ↗

How much do Up Closets owners make?

Owner income is not captured. Gross sales and EBITDA are not owner pay. Item 19 metric: Gross Revenue by quartile (top/median/bottom performers), plus average ticket, close rate, number of consultations, closets sold, average cost per consult, average monthly marketing spend by sales headcount, and average cost of goods (% of Gross Revenue). Sample: 20 franchised locations (of 76 franchised outlets at 2025 year end) with at least 12 months of operation, full advertising programs, and minimum staffing levels; 5 franchisees per quartile. Period: 12 months, November 1, 2024 to October 31, 2025.

Item 19 performance sourceFDD p.50 ↗

What's the SBA charge-off rate for Up Closets?

Suppressed: fewer than 10 seasoned loans; numerator / denominator: 0 / 0. Historical 7(a) FY2010-2019 approvals; CHGOFF / (PIF + CHGOFF + EXEMPT) × 100, snapshot 2026-06-30. This is not a franchise failure probability. Median SBA loan: $175,000; window: FY2023-FY2026 YTD through 2026-06-30; sample: 6 loans. Median financing is not total investment.

SBA loans sourceSBA data · Jun 30, 2026 ↗

Median SBA loan sourceSBA data · Jun 30, 2026 ↗