What is the estimated cost range for a van 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 |
|---|---|---|---|---|
| Van9 | $1,600 to $3,700 | Lump Sum | Before Opening | Auto Dealer |
These estimates are for securing a van (and optional trailer) for delivering products to customer's homes.
We do not require you to purchase a trailer or multiple vans but you may choose to do so.
The low range shown here covers the lease or payment expense for a base model van for a period of 3 months.
The high range shows the cost for two vans, or for a van and a trailer.
Any trailer or van used by you in the operation of your store must meet our quality and condition requirements, and meet our advertising requirements.
You may not incur any vehicle costs if you already own or lease a suitable van or box truck.
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 a van ranges from $1,600 to $3,700. This cost covers securing a van, and potentially a trailer, for delivering products to customers' homes. The lower end of the range covers the lease or payment expense for a base model van for a period of 3 months. The higher end accounts for the cost of two vans, or a van and a trailer.
Closet Storage Concepts does not require franchisees to purchase a trailer or multiple vans, offering some flexibility in managing this expense. However, any trailer or van used in the operation must meet the franchisor's quality, condition, and advertising requirements. A franchisee may not need to incur these vehicle costs if they already own or lease a suitable van or box truck that meets Closet Storage Concepts' standards.
The van is obtained from an auto dealer, with payment due in a lump sum before opening the franchise. This investment is part of the total estimated initial investment, which ranges from $116,550 to $626,050. The cost of the van is a relatively small portion of the overall initial investment, but it is a necessary expense for delivering products to customers unless the franchisee already has a suitable vehicle.