Does Closet Storage Concepts assist franchisees in negotiating a lease for the showroom site?
Closet_Storage_Concepts Franchise · 2025 FDDAnswer from 2025 FDD Document
are not required to provide you with any assistance:**
Pre-Opening Assistance
Before you open your Closet & Storage Concepts business, we will:
-
- Designate your territory (Franchise Agreement Section 1.4).
-
- Assist with respect to selecting a showroom site (Franchise Agreement Section 1.3, 4.2)
-
- Assist you in negotiating a lease for the showroom site which you have selected. The lease is subject to our approval or disapproval which generally shall be given within 30 days after you submit a written copy of the lease to us. You should consult with an attorney who is experienced in reviewing leases for commercial locations.
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 27–38)
What This Means (2025 FDD)
According to Closet Storage Concepts' 2025 Franchise Disclosure Document, as part of the pre-opening assistance, Closet Storage Concepts will assist franchisees in negotiating a lease for the showroom site that the franchisee selects. However, the lease is subject to Closet Storage Concepts' approval or disapproval, which generally will be given within 30 days after the franchisee submits a written copy of the lease to them.
Closet Storage Concepts recommends that franchisees consult with an attorney experienced in reviewing leases for commercial locations. While Closet Storage Concepts does not anticipate owning the premises, they reserve the right to do so.
Before lease negotiations, Closet Storage Concepts must approve the site. Franchisees are also expected to independently evaluate and investigate the proposed site, observing customer traffic patterns and speaking with other tenants. If a franchisee fails to obtain a site acceptable to Closet Storage Concepts within the required time, Closet Storage Concepts may terminate the Franchise Agreement.