BATH FITTERS vs Closet Factory
BATH FITTERS vs Closet Factory: BATH FITTERS costs $54K to $452K to open; Closet Factory costs $345K to $612K. BATH FITTERS has 8 units, Closet Factory has 55. SBA loan history: BATH FITTERS = 9 loans (0.0% default); Closet Factory = 75 loans (16.0% default). The franchise with more SBA funded units, a lower SBA default rate, and a lower royalty load is the safer financing bet; see the comparison below.
BATH FITTERS vs Closet Factory: Capital, Scale & Lending Analysis
Analysis based on FDD filings and SBA 7(a) loan level data. Each pairing reflects a unique combination of capital intensity, system scale, and financing path.
Capital Intensity
BATH FITTERS requires the lower minimum capital commitment ($54K vs $345K for Closet Factory), a 84% spread. Initial franchise fees come in at $45K for BATH FITTERS versus $59K for Closet Factory, BATH FITTERS has the lower entry fee.
System Scale & Tenure
On scale, Closet Factory operates 55 units to BATH FITTERS's 8, roughly 7× the system size. Closet Factory has been operating 43 years (founded 1983) versus 2 for BATH FITTERS (founded 2024), a 41-year tenure gap that affects unit-economics maturity and FDD revision history.
SBA Lending Profile
Closet Factory has the deeper SBA lending track record, with 75 7(a) approvals compared with 9 for BATH FITTERS. BATH FITTERS's peak SBA year was 2011 (1 loans); Closet Factory's peak was 2000 (9 loans). BATH FITTERS's more recent peak generally indicates fresher lender appetite. BATH FITTERS has the most SBA funded units in CO, with 2. Closet Factory leads in FL, with 6. Borrowers should pick the brand whose strongest SBA state matches their own state for warmer lender introductions. Average SBA loan size on funded BATH FITTERS deals is $244K vs $416K for Closet Factory, useful as a sizing anchor when modeling your own unit.
Risk Signal
SBA default rates are 0.0% for BATH FITTERS and 16.0% for Closet Factory, BATH FITTERS has the cleaner SBA loss record by 16.0 points. PeerSense FPI scores come in at 47 (Fair) for BATH FITTERS and 57 (Moderate) for Closet Factory, giving Closet Factory the stronger composite signal across SBA performance, lender appetite, and operational consistency.
Health & Performance
FPI Score | 47/100 | 57/100 |
Health Tier | Fair | Moderate |
Confidence | N/A | N/A |
Lending Trend | Declining | Declining |
SBA Lending
SBA Loans | 9 | 75 |
SBA Volume | – | – |
Default Rate | 0.0% | 16.0% |
Peer Tier | emerging | established |
Investment & Costs
Total Investment | $54K to $452K | $345K to $612K |
Franchise Fee | $45K | $59K |
Royalty Rate | N/A | 6.75% |
Ad Fund | N/A | 15% |
Liquid Capital | N/A | N/A |
Net Worth Required | N/A | N/A |
Financial Performance (Item 19)
Item 19 Status | Not Disclosed | Disclosed |
System Size & Operations
Total Units | 8 | 55 |
Franchised Units | 8 | 55 |
Company Owned | – | – |
Term Length | 10 yrs | 5 yrs |
Brand Information
Year Founded | 2024 | 1983 |
Franchising Since | N/A | 1985 |
Years Franchising | N/A | 41 yrs |
Headquarters | Colorado, CO | Los Angeles, TX |
Category | Other Building Finishing Contractors | Other Building Finishing Contractors |
Website | ||
FDD Year | 2025 | 2025 |
Which Is Better, BATH FITTERS or Closet Factory?
Lower upfront capital required
BATH FITTERS
BATH FITTERS: $54K starting · Closet Factory: $345K starting
More SBA lender confidence
Closet Factory
BATH FITTERS: 9 SBA loans · Closet Factory: 75 SBA loans
Lower SBA default rate
BATH FITTERS
BATH FITTERS: 0.0% · Closet Factory: 16.0%
Larger system & brand presence
Closet Factory
BATH FITTERS: 8 units · Closet Factory: 55 units
More lender financing options
Closet Factory
BATH FITTERS: 8 unique lenders · Closet Factory: 27 unique lenders
Decision matrix uses publicly disclosed FDD and SBA loan data. Not a recommendation. Your best franchise depends on capital, market, operating capacity, and risk tolerance.
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BATH FITTERS vs Closet Factory: Franchise Funding Comparison
Comparing BATH FITTERS and Closet Factory is about more than brand preference. It's about which franchise fits your financial profile and funding strategy. Investment ranges from $54K to $612K.
BATH FITTERS has 9 SBA loans on record and Closet Factory has 75. Those totals are cumulative history rather than a measure of current appetite. Recent lending activity is trending down for at least one of these brands, so current lender appetite has to be checked deal by deal rather than assumed from the totals.
SBA 7(a) loans are the most common franchise funding vehicle, offering up to $5M with as little as 10% down. PeerSense connects franchise buyers with the specific lenders who have approved loans for these brands, not generic referrals, but lenders with actual franchise lending track records.
Data sourced from SBA loan records, Franchise Disclosure Documents, and public filings. Updated regularly. Not financial advice, consult with a lending professional before making investment decisions.
BATH FITTERS vs Closet Factory, Frequently Asked Questions
Which is a better franchise investment, BATH FITTERS or Closet Factory?
How much does a BATH FITTERS franchise cost compared to Closet Factory?
Can I finance BATH FITTERS or Closet Factory with an SBA loan?
Which has a lower SBA default rate, BATH FITTERS or Closet Factory?
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Page Review
Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense
- PeerSense is a capital advisory firm that places commercial financing with direct capital sources; the capital source sets final terms.
- Edward L. Freeman founded PeerSense in January 2020.
- He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
- His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
- In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page
Last reviewed LinkedIn profileAbout Edward Freeman