Financial Terms Franchise/Territory Fee - $55,000 Liquid Capital - $125,000 Reg. Net Worth - $500,000 Investment Range - $350,000 - $500,000 Royalty Fee - 6.75% National Ad Fund - 2.25% CURRENT TERRITORIES AVAILABLE
WESTCHESTER MANHATTAN BROOKLYN QUEENS CHARLESTON, SC FAIRFIELD, CT MEMPHIS, TN MIAMI, FL
Why Closets By Design? Broad product offering of organizational solutions for Closets, Garages, Home Offices, Wall Units, Pantries, Laundry Rooms, and more. Excellent Cash Flow Business with high gross margins and low inventory. Cash collection before product delivery! Strong Franchisee Validation and attractive Item 19 posting over 3.9 million average revenue; even during recent down economic conditions. Large Exclusive Prime Territories. Average 250k-400k households. Many prime territories available; both domestic and international. Established business model with a comprehensive formula for growth. Strong in-house marketing support with proven successful lead generation through local and national advertising programs. Successful sales techniques and complete Sales Management Training with ongoing support. 35+ year history of success with strong brand identity.
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Financial Terms
2016 Financial Information for Closets by Design businesses that were open for 24 months of longer as of December 31, 2016.
 Highest 25% Second 35% Third 25% Lowest 25% Total Average AVERAGE GROSS SALES $7,467,132 $4,234,282 $2,471,956 $1,546,576 $3,929,986.36 CLOSING RATIO % 62% 57% 52% 45% 54% AVERAGE SALE $4,224 $3,820 $3,574 $3,109 $3,682
*The preceding data is derived from Item 19 ("Earnings Claims") of the CBD Franchsing, Inc. Franchising Disclosure Document. The chart above contains historic performance information for the fiscal year 2016 for the 33 Closets by design businesses that were open for 24 months or longer as of December 31, 2016. There were a total of 21 franchised Closets by Design businesses as of that date (5 of these Businesses operated 2 territories each from a single location). FRANCHISE SOLUTIONS 360 IS A REGISTERED INDEPENDENT FRANCHISE CONSULTANT OF CLOSETS BY DESIGN
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