The Tailored Closet
Franchising since 2006 · 146 locations
The total investment to open a The Tailored Closet franchise ranges from $186,730 - $284,250. The initial franchise fee is $74,950. Ongoing royalties are 5% plus a 1% advertising fee. The Tailored Closet currently operates 146 locations. Data sourced from the 2026 Franchise Disclosure Document.
$186,730 - $284,250
$74,950
146
FPI Score
This franchise has not yet been scored by the Franchise Performance Index. Scores are calculated based on public FDD data, SBA loan performance, and system-level metrics.
Top SBA Lenders for The Tailored Closet
What is the The Tailored Closet franchise?
The Tailored Closet, a distinguished home improvement franchise, stands as a premier provider of custom storage and organization solutions, catering to a diverse array of spaces within modern homes. This includes meticulously designed closets, highly functional pantries, efficient laundry rooms, ergonomic home offices, and welcoming entryways, all crafted to enhance both aesthetics and utility. The company's origins trace back to 2006, when it first established its roots under the name Closet Tailors, building a foundational expertise in bespoke storage. A pivotal strategic alliance was forged in 2011 with PremierGarage®, marking a significant evolution for the brand as it expanded its comprehensive offerings to encompass whole-home organization solutions, including advanced garage cabinets and sophisticated home office setups, under the unified banner of Tailored Living®. A more recent and strategic transformation occurred in October 2022, when Tailored Living® underwent a comprehensive rebranding initiative, culminating in its separation into two distinct, specialized entities: The Tailored Closet™ and PremierGarage®. These two brands now operate as synergistic sister brands, both integral components of the expansive Home Franchise Concepts (HFC) family, a leading franchisor boasting three decades of invaluable experience within the dynamic home services industry. This strategic realignment was meticulously designed to sharpen the focus of The Tailored Closet franchise specifically on comprehensive home organization solutions, while PremierGarage® dedicated its expertise to garage optimization, thereby enhancing both customer experience and operational efficiencies across the board. The parent company, Home Franchise Concepts, is itself a robust subsidiary of JM Family Enterprises, a formidable entity with an impressive $18 billion financial backing, signifying deep resources and stability. The corporate operations for The Tailored Closet are based at its headquarters located at 19000 MacArthur Blvd., #100, Irvine, CA 92612, a central hub for its extensive network. Leadership is provided by Jarrett Smith, who serves as President, alongside Heather Nykolaychuk, the Brand President of Organized Spaces, LLC, the owning entity of both The Tailored Closet™ and PremierGarage® brands. The headquarters is supported by a substantial staff of 247 dedicated employees, ensuring robust operational support for the entire franchise system. The business model adopted by The Tailored Closet franchise is distinctly management-focused and non-manufacturing, a structure that affords franchisees considerable flexibility and significant potential for scalable growth within their respective markets. This strategic approach allows franchisees to concentrate on client relationships, design, and project management, leveraging centralized support and preferred vendor relationships. Currently recognized as the largest home organization brand within the industry, The Tailored Closet franchise continues to solidify its prominent market position through consistent innovation and a deep understanding of evolving consumer needs in custom storage.
The Tailored Closet franchise operates within the highly dynamic and rapidly expanding home organization and storage industry, an integral segment of the broader home improvement market, which itself represents a significant economic force. In 2023 alone, the United States witnessed an expenditure exceeding $520 billion on home improvements and remodeling projects, underscoring the robust demand in this sector. Industry experts have projected a compelling compound annual growth rate (CAGR) of 4.6% for the home improvement market from 2024 to 2030, with home organization solutions emerging as one of the fastest-growing segments within this expansive market. The home organization market itself was globally valued at an impressive $11.7 billion in 2024, according to analyses by Mordor Intelligence, with projections indicating a sustained CAGR of more than 3.5% through 2029. Further estimations from Research and Markets offer an even more optimistic outlook, forecasting the home organization market to reach $14.2 billion, then ascend to $15.3 billion by 2028, and ultimately achieve a substantial $15.9 billion valuation by 2030. These compelling growth rates are underpinned by several powerful consumer trends that are reshaping how homeowners perceive and utilize their living environments. There is an increasing societal focus on optimizing existing living spaces, driven by evolving lifestyle changes and dynamic real estate trends. The demand for professional, customized storage solutions is experiencing a significant surge as homeowners increasingly seek to maximize both the functionality and aesthetic appeal of their residences. Key drivers for this heightened demand include changing lifestyle patterns, the current landscape of real estate conditions, and the lasting impact of the recent global pandemic, all of which have collectively contributed to a robust surge in the home services sector. A notable demographic trend involves first-time millennial homebuyers, who are actively undertaking more home improvement projects, while simultaneously, the significant baby boomer generation is increasingly renovating their homes with the intention of aging in place. With over 50% of American homes constructed before 1980, a substantial 61% of homeowners are now opting for remodeling and renovating their current residences rather than relocating. Consequently, sophisticated home organization systems are transitioning from being luxury amenities to being perceived as essential necessities. Contemporary consumer trends also highlight the imperative need to convert residential spaces into versatile areas such as dedicated home offices, personal fitness rooms, and specialized hobby centers. Furthermore, the rise of blended families and multi-generational households necessitates innovative, custom storage solutions to effectively manage and control increasing clutter, making the offerings of The Tailored Closet franchise highly relevant. Beyond immediate utility, custom closet organization systems have also emerged as a significant selling point for home resale, further enhancing their perceived value and importance in the housing market.
Investing in The Tailored Closet franchise involves a carefully structured set of financial considerations, reflecting the brand’s premium positioning within the custom storage solutions sector. The initial franchise fee is cited with some variation, stated as $19,950 in one instance, while another source indicates a franchise fee of $74,950. It is pertinent to note that a territory fee of $55,000 is systematically charged to secure a dedicated location, which invariably includes protected territories encompassing a minimum of 100,000 households, thereby ensuring a substantial market opportunity for each franchisee. Prospective franchisees who are qualified veterans are eligible for a substantial 15% discount off the initial franchise fees, with VetFran membership additionally providing veterans a 10% discount on the franchise fee, showcasing a commitment to supporting military personnel. The total initial investment required to successfully launch and operate The Tailored Closet franchise spans a comprehensive range from $155,220 to $268,675. This all-encompassing investment covers a wide array of essential expenses, including potential showroom build-out costs, although the fundamental business model allows for significant operations to be managed from a home office, complemented by the necessity of a dedicated warehouse or storage facility for materials. Additional included costs cover furniture, fixtures, specialized equipment, necessary business vehicles, and crucial initial operating funds to ensure a smooth startup. More specifically, granular startup costs encompass critical items such as a trailer and a forklift, which are vital for efficiently transporting home storage solutions. Estimated startup costs also detail $0 to $10,000 for potential showroom or warehouse leasehold improvements, $1,990 to $16,425 for a forklift, $1,500 to $2,500 for essential computer equipment, $30 to $500 for credit card processing technology, $500 to $2,400 for auto insurance, and $500 to $2,400 for comprehensive commercial general liability insurance. Additional professional requirements include $0 to $1,500 for a contractor's license and bond, $750 to $1,500 for professional fees, a significant $10,000 to $15,000 allocation for initial marketing efforts, $5,000 to $8,000 for initial inventory, and $15,000 to $20,000 for additional tools and supplies. Furthermore, an estimated $31,000 to $46,000 is allocated for additional funds required before opening and for the crucial first three months of operation. This detailed investment level positions The Tailored Closet franchise as a mid-tier opportunity within the expansive home services sector, notably exceeding the typical sub-sector average range of $111,770-$223,008, a reflection of the brand's premium market positioning in providing sophisticated custom storage solutions. To ensure financial readiness, franchisees are mandated to possess a minimum net worth of $350,000 and maintain at least $100,000 or $111,220 in readily available liquid capital. Ongoing financial obligations include a competitive royalty rate that ranges from 4% to 7% of gross revenue, complemented by a national advertising fund contribution of 1% of monthly gross revenue, both designed to support sustained brand growth and market presence for The Tailored Closet franchise.
The Tailored Closet franchise distinguishes itself through a robust, management-focused business model, a characteristic that makes prior experience in the home renovation industry entirely unnecessary for prospective franchisees. The ideal candidates for this opportunity are typically described as goal-oriented leaders who possess strong aptitudes for managing teams effectively. The company provides an exceptionally comprehensive training program and extensive ongoing support structure to equip its franchisees for sustained success. The initial training regimen is substantial, comprising 103 hours of intensive classroom training. Moreover, a specific two-week initial training program is conducted at a state-of-the-art Experience Center located in Dallas, California, providing hands-on learning. Franchisees also benefit from paid training sessions conducted at The Tailored Closet headquarters situated in Irvine, California, ensuring a deep immersion into the brand's operational philosophies and systems. It is a mandatory requirement that all franchisees attend training at the home office in Irvine, California, prior to their official opening, where they gain invaluable insights into operating their business proficiently. To further bolster their entrepreneurial journey, the company thoughtfully arranges one year of dedicated business coaching provided by seasoned outside professionals. The comprehensive support structure extends beyond initial training, encompassing ongoing operational assistance, access to a dedicated support team composed of industry experts, and participation in national lead generation programs designed to drive customer inquiries. Franchisees are also equipped with turnkey local area marketing toolkits, enabling them to effectively penetrate and grow their local markets. The commitment to continuous learning is evident through ongoing opportunities, including participation in an International Convention, regional meetings, online forums, and regular Townhalls, fostering a vibrant community of franchisees. This robust support system is further enhanced by a passionate leadership team and direct support from Regional Operations Managers. A key operational advantage of The Tailored Closet franchise is its non-manufacturing approach, which relies on a carefully curated network of preferred vendors to ensure the consistent provision of high-quality products at competitive pricing, freeing franchisees from the complexities of manufacturing. A cornerstone of the business model is the proprietary 3D design software, a sophisticated tool that empowers franchisees to generate on-the-spot renderings during personalized in-home consultations, significantly enhancing the sales process. This cutting-edge software seamlessly integrates with their Customer Relationship Management (CRM) system, effortlessly generating professional proposals. Furthermore, a complete operational platform is provided, furnishing franchisees with all the necessary tools and systems to efficiently run their businesses. In terms of staffing, franchisees typically commence operations with a skilled designer/sales consultant and one or two experienced installers. A recent survey indicated that an impressive 38% of franchisees operate with five or more employees, demonstrating scalability. Franchise owners are expected to be proficient in hiring and managing their teams, which includes sales consultants, designers, and installers. The core daily operations of The Tailored Closet franchise involve meticulous design consultation, rigorous project management, and seamless installation coordination, allowing franchisees to focus predominantly on team leadership and strategic business growth.
The financial performance of The Tailored Closet franchise demonstrates a solid, albeit specialized, revenue stream within the home services sector. Franchised locations report a compelling average unit revenue (AUV) of $293,000 per year, reflecting consistent operational results. Further data from another source indicates an average unit revenue of $337,146 specifically for the year 2023, showcasing a positive trend in unit-level sales. The reported gross revenue for individual units, standing at $430,431, is noted to fall below the broader sub-sector average of $739,341. This difference can be largely attributed to the highly specialized nature of custom storage solutions offered by The Tailored Closet franchise, which, while premium, may not encompass the broader, higher-volume transactional aspects of more generalized home service categories. It is an important distinction to make that revenue figures represent top-line sales and do not directly equate to profit, as profit is derived after accounting for all operating costs and expenses. While Item 19 of the Franchise Disclosure Document (FDD) is the designated section for financial performance representations, which typically includes detailed information on revenue, sales, expenses, or profit, specific median revenue figures or detailed profit margins for The Tailored Closet franchise were not explicitly provided in the available search results. Therefore, prospective investors are strongly encouraged to review the FDD thoroughly to gain a comprehensive understanding of the financial intricacies and potential profitability. The strategic premium positioning of The Tailored Closet franchise is geared towards targeting affluent homeowners who seek high-quality, customized solutions, which inherently impacts the sales cycle and average project value. Key investment considerations for potential franchisees should extend beyond just the initial costs to include a careful evaluation of territory exclusivity terms, the strength and reliability of supplier relationships, and the critical availability of skilled labor required for specialized installations. These factors collectively contribute to the overall financial viability and long-term success of The Tailored Closet franchise within its targeted market segments. The consistent revenue figures, combined with the strategic market positioning, underscore the potential for a profitable venture for franchisees who align with the brand's model and target demographic, emphasizing quality and custom service in the growing home organization market.
The Tailored Closet franchise has demonstrated a consistent and impressive growth trajectory since its inception, building a robust and mature system over 18 years of operation since 2006. As of recent information, the franchise boasts an extensive network of 162 franchise-owned locations strategically spread across North America. Further data indicates a slightly broader footprint, with other sources reporting over 165 franchise units across the U.S. and Canada, or even more than 175 units spanning these two countries, and nearly 200 locations across the entirety of North America, illustrating a strong and expanding presence. In 2025, the brand reported a substantial 157 units, indicating a remarkable 17% growth over a three-year period, underscoring its dynamic expansion. The Tailored Closet franchise proudly serves a vast geographical area, reaching more than 2,000 cities throughout both the United States and Canada, solidifying its position as a dominant force in the industry. It is widely recognized and considered the largest home organization brand in the entire industry, a testament to its market penetration and brand strength. A significant recent development that strategically reshaped the brand's focus was the rebranding of Tailored Living® in October 2022. This pivotal move resulted in its separation into two distinct and specialized brands: The Tailored Closet™ and PremierGarage®, a strategic initiative aimed at providing a more concentrated and effective approach to each brand's unique product lines, ultimately enhancing the customer experience. The Tailored Closet franchise now specifically concentrates on comprehensive whole-home organizational solutions, encompassing custom designs for closets, pantries, laundry rooms, entryways, and home offices, while PremierGarage® is dedicated to total garage optimization. The Tailored Closet franchise has garnered numerous accolades, reflecting its excellence and innovation within the sector. It proudly secured the #386 position on Entrepreneur's prestigious Franchise 500 list for 2025, a consistent recognition of its standing among top franchises. Additionally, the brand has been honored with the coveted "Best of Houzz" badge for design excellence, an esteemed award granted to a mere 3% of companies featured on the Houzz platform, highlighting its superior design capabilities. The Tailored Closet franchise is widely applauded for its innovative deployment of proprietary 3D design technology and maintains consistently strong customer ratings, indicative of high satisfaction levels. The brand has repeatedly earned its place on various distinguished lists, including the Entrepreneur Franchise Top 500, Top Home-Based, and Top Global Franchise lists. These recognitions, coupled with its management-focused, non-manufacturing business model, extensive franchisee support, established brand reputation, and strategic reliance on preferred vendors, underscore the significant competitive advantages that propel The Tailored Closet franchise to the forefront of the home organization industry.
The ideal franchisee for The Tailored Closet franchise is characterized as a goal-oriented leader, possessing strong capabilities in managing teams and comfortable with the responsibilities of hiring and overseeing employees, including adept sales consultants, skilled designers, and efficient installers. Crucially, prior experience within the home renovation industry is not a prerequisite, making this opportunity accessible to a broader range of entrepreneurial candidates. Testimonials from existing franchisees consistently highlight the supportive environment and comprehensive resources provided. Dolly Holmes, a successful owner in San Antonio, Texas, emphatically praised the robust network of fellow owners and the invaluable corporate support as key benefits of her investment in The Tailored Closet franchise. She particularly appreciated the intensive two weeks of initial training and the structured process for building a competent team and a thriving business. Holmes further noted that successful franchisees consistently adhere to the established business model, strategically invest in local marketing initiatives, allocate resources effectively for pay-per-click advertising, and actively engage in networking within their communities. Franchisees express profound satisfaction in delivering a superior product, a feat made possible by leveraging the company's carefully vetted vendors, trusted supplier partners, and cutting-edge technology. A particularly rewarding aspect of the business, as frequently cited by franchisees, is witnessing the genuine satisfaction on clients' faces after transforming chaotic and disorganized spaces into aesthetically pleasing and highly functional environments. Another franchisee specifically lauded the proprietary 3D design software as a significant competitive advantage in the sales process, making a tangible difference in their daily operations and client presentations. The motivation behind many franchisees' decisions to join The Tailored Closet franchise often stems from a desire to "create calm out of chaos," valuing the extensive backing of a larger corporate entity and a dedicated team of experts for unwavering support. Many franchisees, having transitioned from corporate backgrounds, sought the independence inherent in business ownership but simultaneously desired the structured guidance and comprehensive support offered by a robust headquarters and a well-established franchising system. While the initial startup cost is a significant consideration, prospective owners are encouraged to seek an opportunity that aligns both with their financial capacity and their personal passion for transforming homes. The brand facilitates thorough validation calls with current franchisees, allowing prospective owners to gain authentic insights into the daily operations and overall experience of running The Tailored Closet franchise. Territory information confirms the provision of protected territories, each meticulously defined to include a minimum of 100,000 households, thereby ensuring a substantial market for each franchisee. Furthermore, The Tailored Closet franchise offers compelling multi-unit development potential for qualified investors eager to expand their entrepreneurial footprint. Given the premium service positioning that targets affluent homeowners, a meticulous demographic analysis is absolutely crucial for optimal territory selection, ensuring alignment with the ideal customer base. Key investment considerations for prospective franchisees include a careful review of territory exclusivity terms, the strength and reliability of supplier relationships, and the critical availability of skilled labor for the specialized installation processes, all contributing to the long-term success of The Tailored Closet franchise.
The Tailored Closet franchise presents a compelling investment opportunity for aspiring entrepreneurs seeking entry into a thriving and resilient market segment backed by a robust, well-established brand. With the home organization market projected to reach a substantial $15.9 billion by 2030, and the broader home improvement sector demonstrating consistent growth, the demand for sophisticated custom storage solutions is poised for sustained expansion. The brand benefits significantly from the formidable backing of Home Franchise Concepts (HFC), a leader in home services franchising with three decades of experience, and its parent company, JM Family Enterprises, an $18 billion-strong entity, providing unparalleled stability and extensive resources. The strategic rebranding in October 2022, which saw the focused separation into The Tailored Closet™ and PremierGarage®, has sharpened the brand’s mission, allowing for a more targeted and effective approach to the home organization market. This strategic clarity, combined with numerous accolades such as consistent inclusion on Entrepreneur's Franchise 500 list, including its #386 ranking for 2025, and the prestigious "Best of Houzz" badge for design excellence, underscores a strong market reputation and a commitment to quality. The management-focused, non-manufacturing business model offers a scalable framework, enabling franchisees to concentrate on business development and client relationships rather than the complexities of production. This model, coupled with comprehensive training and ongoing support from a dedicated team of industry experts, proprietary 3D design software, and strong supplier relationships, provides a distinct competitive advantage. The Tailored Closet franchise offers a unique selling proposition through its ability to deliver personalized, innovative custom solutions, from closets and pantries to home offices, catering to the evolving needs of affluent homeowners seeking to optimize their living spaces. The opportunity to operate in protected territories, each encompassing a minimum of 100,000 households, further ensures a substantial market for each franchisee, with potential for multi-unit development for qualified investors. This robust support system, coupled with a proven business model and a premium market position, makes The Tailored Closet franchise an attractive proposition for those looking to invest in a growing segment of the home services industry. Explore the complete The Tailored Closet franchise profile on PeerSense to access the full suite of independent franchise intelligence data.
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for The Tailored Closet based on SBA lending data
Investment Tier
Mid-range investment
$186,730 – $284,250 total
Why The Tailored Closet Doesn't Appear in Public SBA Data
The SBA 7(a) program publishes loan-level data for every approved franchise borrower. The Tailored Closet does not currently appear in those public records — and that absence carries useful information for prospective franchisees evaluating this brand.
Absence from SBA records does not mean a brand is un-fundable. It typically means the franchise system uses alternative capital sources, or that current franchisees self-fund, secure conventional bank financing, or roll over equity from a prior business sale rather than going through an SBA-guaranteed 7(a) loan. For prospective The Tailored Closet franchisees, the practical question is which financing path actually closes for this brand's profile.
Capital paths PeerSense places for food, restaurant & retail concepts
SBA 7(a) Loans
Build-out, unit acquisition, and working capital for food and retail franchises.
Learn more
Equipment Financing
Kitchen equipment, POS systems, and capital-intensive build-outs.
Learn more
Franchise Partner Buyout Financing
Senior debt for partner buyouts and multi-unit roll-ups.
Learn more
Commercial Real Estate Loans
Owner-occupied or investor-owned restaurant real estate.
Learn more
Payment Estimator
Estimated Monthly Payment
$1,933
Principal & Interest only
Locations
The Tailored Closet — unit breakdown
Explore Funding for The Tailored Closet
Our business financing consultants help connect you with the right lending partners. No retainers — referral fee paid at closing.
Or get an instant analysis
Scan Your Deal Instantly4 FDDs Available for The Tailored Closet
Review franchise fees, investment ranges, royalties, Item 19 financial data, and year-over-year trends. Request complimentary access through your PeerSense funding advisor.