What is the legal name of the Franchisor for Closet Storage Concepts?
Closet_Storage_Concepts Franchise · 2025 FDDAnswer from 2025 FDD Document
The Franchisor is Closets Unlimited of New Jersey, Inc., a New Jersey corporation. To simplify the language in this Disclosure Document, Closets Unlimited of New Jersey, Inc., will be referred to as "we" or "us". "You" means the individual or individuals or corporation, partnership or limited liability company buying the franchise. If you are a business entity, each of the following individuals must sign our Guaranty: (i) each of your shareholders if you are a corporation; (ii) each of your partners if you are a general partnership; or (iii) each of your members and managers if you are a limited liability company. All of the provisions of our Franchise Agreement (a copy of which is attached as Exhibit B to this Disclosure Document) will apply to you and to each individual who signs the Guaranty.
Franchisor, Parent and Affiliates
We conduct business under the trade name Closet & Storage Concepts®. We also conduct business and grant franchises under a separate mark, More Space Place®. We maintain our principal business address at 436 Commerce Lane, Suite D, West Berlin, NJ 08091. We are a New Jersey Corporation, incorporated in January, 1987. In 1989, we started our business, operating under the trade name Closet & Storage Concepts, by acquiring the assets of an unrelated closet and storage design and installation company. We own and operate four company owned locations similar to the Closet & Storage Concepts Business that we are offering. Our affiliate owns and operates one company owned location similar to the More Space Place business which we separately franchise. We have never offered franchises in other lines of business. Except as noted in this paragraph, we have never engaged in any other business.
Source: Item 1 — THE FRANCHISOR, AND ANY PARENTS, PREDECESSORS AND AFFILIATES (FDD pages 9–11)
What This Means (2025 FDD)
According to the 2025 Closet Storage Concepts Franchise Disclosure Document, the legal name of the Franchisor is Closets Unlimited of New Jersey, Inc., a New Jersey corporation. The FDD clarifies that throughout the document, Closets Unlimited of New Jersey, Inc. will be referred to as "we" or "us" for simplicity.
This is a standard practice in franchising, where the formal legal entity granting the franchise is often different from the brand name under which the business operates. It is important for prospective franchisees to understand the legal entity they are contracting with, as this entity is responsible for upholding the terms of the franchise agreement.
Closet Storage Concepts was incorporated in New Jersey in January 1987 and began operating under the Closet & Storage Concepts trade name in 1989 after acquiring the assets of a closet and storage design and installation company. The franchisor also grants franchises under the trade name More Space Place. The principal business address for Closet Storage Concepts is 436 Commerce Lane, Suite D, West Berlin, NJ 08091.