What is the estimated cost for computer hardware and software for a Closet Storage Concepts franchise?
Closet_Storage_Concepts Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Expenditures | Amount | Method of Payment | When Due | To Whom Payment is to be Made |
|---|---|---|---|---|
| Computer Hardware | $3,700 to | As Agreed | Before Opening | Third Parties/Us |
| and Software6 | $4,100 |
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- This is based on a low estimate for one computer system and software and a high estimate for two computers and two software licenses needed to operate two systems in your store. Items may be purchased or leased. Accounting software is included in this line item. CRM setup and BIZTRAX software is also included in this line item. Computer and Software Support are not included in this estimate.
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 19–22)
What This Means (2025 FDD)
According to Closet Storage Concepts's 2025 Franchise Disclosure Document, the estimated initial investment for computer hardware and software ranges from $3,700 to $4,100. This estimate covers the purchase or lease of computer systems and software licenses necessary to operate the Closet Storage Concepts store. The lower end of the estimate accounts for one computer system and software, while the higher end covers two computer systems and software licenses. Accounting software, CRM setup, and BIZTRAX software are included in this line item.
It's important to note that this estimate does not include computer and software support. A prospective Closet Storage Concepts franchisee should factor in additional costs for ongoing technical assistance and maintenance of these systems. The FDD also specifies that payment is due before opening, indicating that these systems must be in place prior to commencing operations.
Given the relatively narrow range between the low and high estimates ($3,700 to $4,100), the decision to invest in one or two computer systems may depend on the scale of the planned operation and anticipated business volume. A franchisee should assess their specific needs and budget to determine the most appropriate configuration for their Closet Storage Concepts franchise. It would be prudent to inquire with the franchisor about the recommended specifications for the computer systems and software to ensure compatibility and optimal performance with Closet Storage Concepts's operational requirements.