Up Closets specializes in designing and installing personalized storage systems, maximizing space efficiency for homes and businesses.
KEY FRANCHISE STATS
Franchisees
?
44
+
2100%
2100%
Franchise fee
?
$39,000
Investment
?
$71,000 - $128,000
Revenue (AUV)
?
Undisclosed
$503,000
+
n.a.
n.a.
Upgrade
Up Closets is a pioneering custom closet company that leverages artificial intelligence to deliver instant designs and one-day installations at fair prices. Founded in 2022 by Thomas Scott, the company is headquartered in Nashville, Tennessee.
The company offers a range of products, including custom-designed walk-in closets, reach-in closets, pantries, garages, mudrooms, and laundry rooms. Their use of AI-driven design software enables rapid customization, often providing designs within minutes, and their efficient processes allow for installations to be completed in just one day.
Up Closets differentiates itself from competitors by combining state-of-the-art design technology with a commitment to affordability and customer satisfaction. Their emphasis on quick turnaround times and professional installation ensures a seamless experience for clients seeking to enhance their home organization.
Initial investment
The initial investment required for a Up Closets franchise is
$71,000 - $128,000.
That is the total cost you would need to finance if you were to start this franchise.
These costs are provided by the franchisor in the Franchise Disclosure Document.
Type of Expenditure
Amount
Initial Franchise Fee
$39,000
Your Training Expenses
$1,500 to $4,000
Equipment and Tools
$4,000
Service Vehicle
$2,500 to $8,000
Initial Inventory
$5,000 to $7,500
Business Licenses and Permits
$150 to $1,500
Computer Systems software set up
$100 to $1,300
Professional Fees
$500 to $1,500
Start Up Marketing Fee
$7,500
Insurance
$500 to $2,500
Software / Recruitment Ads
$600 to $1,250
Operating Expenses / Additional Funds – 3 months
$10,000 to $50,000
Total Estimated Initial Investment
$71,350 to $128,050
Create a free account to access this table and more. For more information see our plans here.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Type of Expenditure
Amount
Initial Franchise Fee
$39,000
Your Training Expenses
$1,500 to $4,000
Equipment and Tools
$4,000
Service Vehicle
$2,500 to $8,000
Initial Inventory
$5,000 to $7,500
Business Licenses and Permits
$150 to $1,500
Computer Systems software set up
$100 to $1,300
Professional Fees
$500 to $1,500
Start Up Marketing Fee
$7,500
Insurance
$500 to $2,500
Software / Recruitment Ads
$600 to $1,250
Operating Expenses / Additional Funds – 3 months
$10,000 to $50,000
Total Estimated Initial Investment
$71,350 to $128,050
Franchise Disclosure Document
Below is Up Closets's 2025 Franchise Disclosure Document. Upgrade to Pro or purchase the FDD to view and download the document.
Number of units
Up Closets had 44 total units in 2025, of which 44 were franchised-owned and 0 company-owned.
The Up Closets franchise provides the following types of training programs:
Initial Management Training Program Up Closets requires franchisees to complete a mandatory four-day training program at its headquarters in Nashville, Tennessee, or another designated location. This program, which must be completed to the franchisor's satisfaction before opening, focuses on classroom instruction and does not include on-the-job training.
Advanced Training Programs Up Closets offers mandatory or optional advanced training programs periodically. Franchisees and their principals are required to participate in ongoing training, which includes up to five days annually for national business meetings or conventions. A fee may apply for attendance, and franchisees bear the costs of travel, lodging, and other expenses.
In-Territory Training and Assistance Upon request or as deemed appropriate, Up Closets provides additional training and assistance within the franchisee's territory. Franchisees must reimburse costs for trainers, including per diem fees, travel, and lodging expenses.
Territory Protection
The Up Closets franchise provides limited territorial protection to its franchisees. Each franchise is granted a defined territory based on demographics, market potential, and geographic considerations, typically including a population of approximately 750,000 people for a large territory or 250,000 for a smaller one.
This protection means the franchisor will not establish or authorize another franchisee to operate within the defined territory, ensuring exclusivity within that area. However, territorial protection does not prevent the franchisor from operating in other capacities outside the franchisee's defined area.
.png)
