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Rates
Up Closets

Up Closets

The total investment to open a Up Closets franchise ranges from $67,250 to $169,800. The initial franchise fee is $39,000. Ongoing royalties are 8% plus a 2% advertising fee.

What is the Up Closets franchise?

Up Closets designs custom closet systems for homeowners. The estimated total initial investment is $67,250 to $169,800, and the initial franchise fee is $39,000. The cost and fee figures come from the 2024 Franchise Disclosure Document.

The royalty is 8 percent of sales, and the advertising or brand fund fee is 2 percent. The franchise agreement term is 10 years.

Up Closets is headquartered in Nashville, TN. The company was founded in 2022.

Franchisees account for 16 of Up Closets's 44 locations. Cost figures are based on the 2024 Franchise Disclosure Document.

2024 FDD ON FILEResidential Remodelers

Franchising since 2022 · 44 locations

Investment

$67,250 to $169,800

Franchise Fee

$39,000

Total Units

44

16 franchised

SBA Lending Activity for Up Closets

Loan Activity 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.

Key Highlights

Item 19 financial data disclosed

Franchise Financing Resources

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Data Insights

Key performance metrics for Up Closets based on SBA lending data

Investment Tier

Mid range investment

$67,250 to $169,800 total

Why Up Closets Doesn't Appear in Public SBA Data

The SBA 7(a) program publishes loan level data for every approved franchise borrower. Up Closets does not currently appear in those public records, and that absence carries useful information for prospective franchisees evaluating this brand.

Likely explanations for the absence

  • The brand is relatively new (founded 2022, 4 years ago). Newer franchise systems typically take 3 to 5 years to generate enough SBA 7(a) volume to appear in published data.

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 Up Closets 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.

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Franchise Partner Buyout Financing

Senior debt for partner buyouts and multi unit roll ups.

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Commercial Real Estate Loans

Owner occupied or investor owned restaurant real estate.

Learn more

Data window: SBA 7(a) approvals reported through the most recent FOIA release. Absence of Up Closets from this window does not reflect lender denial. It reflects no 7(a)-program activity recorded for this brand in the public dataset.

Payment Estimator

Loan Amount$54K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$696

Principal & Interest only

Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.

Locations

Up Closets, unit breakdown

Total Units
N/A
Franchisee Owned
n/a
System Owned
n/a
Closed
n/a

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3 FDDs Available for Up Closets

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Up Closets

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; it does not lend, fund, or approve loans, and 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