What document governs the original franchise relationship for Closet Storage Concepts?
Closet_Storage_Concepts Franchise · 2025 FDDAnswer from 2025 FDD Document
[Item 22: CONTRACTS]
CLOSET & STORAGE CONCEPTS FRANCHISE AGREEMENT
THIS AGREEMENT is entered into and made by and between CLOSETS UNLIMITED OF NEW JERSEY, INC., a New Jersey corporation with its principal business address at 436 Commerce Lane, Suite D, West Berlin, "Effective Date"). NJ 08091 ("Franchisor") and ("Franchisee") on the date this Agreement is executed by Franchisor below (the
BACKGROUND
A. Franchisor and/or its parents, predecessor, equity owners or affiliates, through the expenditure of considerable money, time and effort, has developed a business system (the "Closet & Storage Concepts System" or the "System") for the design, marketing, construction and installation of customized residential and commercial storage space including closets, garages, and other storage areas for consumers and the selling of related retail accessories in a retail showroom, which includes: high standards of services, products, know-how and trade secrets; uniform specifications of products and services, equipment and fixtures; sales techniques, and merchandising, marketing, advertising, and management systems; quality and inventory control procedures; and procedures for operation and management of Closet & Storage Concepts businesses pursuant to the Operations Manual (as hereinafter defined) provided by Franchisor and modified from time to time and other standards and specifications Franchisor otherwise provides.
B. The System is identified by various trade names, trademarks and service marks used by Franchisor and its franchisees including, without limitation, the service marks "Closet & Storage Concepts®", "Conquer Closet Clutter®", "Closet & Storage Concepts (and Design)®", "Getting Organized is Always in Style®," "Getting Organized is Always in Style!," "Got Space?" and other identifying marks and symbols that Franchisor uses now or may later use as part of the System (the "Proprietary Marks").
The rights to all the Proprietary Marks shall be owned exclusively by Franchisor or its parents or affiliates.
- C. Franchisor is engaged in the business of granting franchises to qualified individuals and business entities to use the System to operate Closet & Storage Concepts franchises.
Source: Item 22 — CONTRACTS (FDD page 59)
What This Means (2025 FDD)
According to Closet Storage Concepts' 2025 Franchise Disclosure Document, the Closet & Storage Concepts Franchise Agreement governs the franchise relationship. This agreement is made between Closets Unlimited of New Jersey, Inc., as the Franchisor, and the Franchisee. The agreement outlines the terms and conditions under which Closet Storage Concepts grants the franchisee the right to operate a Closet & Storage Concepts business using the Closet & Storage Concepts System and Proprietary Marks.
The Franchise Agreement details the rights, responsibilities, and obligations of both the franchisor and the franchisee. It covers aspects such as the grant of the franchise, the approved location for the business, and the franchisee's acceptance of the terms. The agreement also emphasizes the importance of adhering to Closet Storage Concepts' quality and service standards, as described in the Operations Manual, to ensure the successful operation of the franchisee's business and the overall system.
Furthermore, the Franchise Agreement includes provisions regarding the use of proprietary marks, participation in promotional activities, and access to trade secrets and marketing expertise. It also addresses the possibility of operating satellite locations within the granted territory, subject to certain terms and conditions. The agreement also grants the franchisee an exclusive territory to operate the Closet & Storage Concepts business, with certain exceptions and limitations, to protect the franchisee's investment.