How many company-owned locations similar to the Closet Storage Concepts business does Closet Storage Concepts own and operate?
Closet_Storage_Concepts Franchise · 2025 FDDAnswer from 2025 FDD Document
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.
Source: Item 1 — THE FRANCHISOR, AND ANY PARENTS, PREDECESSORS AND AFFILIATES (FDD pages 9–11)
What This Means (2025 FDD)
According to Closet Storage Concepts's 2025 Franchise Disclosure Document, Closet Storage Concepts owns and operates four company-owned locations that are similar to the Closet Storage Concepts business being offered to franchisees. The FDD also states that an affiliate of Closet Storage Concepts owns and operates one company-owned location similar to the More Space Place business, which Closet Storage Concepts also franchises.
This information is relevant for prospective franchisees as it provides insight into the operational experience of Closet Storage Concepts. The fact that Closet Storage Concepts operates company-owned locations suggests they have direct experience in the business model they are franchising. This can be beneficial for franchisees as they can potentially learn from the franchisor's experiences and best practices in running the business.
It's also worth noting that an affiliate operates a company-owned location for the More Space Place brand. This indicates that Closet Storage Concepts has experience managing multiple brands within the same industry. Prospective franchisees may want to inquire about the synergies and differences between operating a Closet Storage Concepts franchise versus a More Space Place franchise. Understanding the performance and operational strategies of both brands could help franchisees make informed decisions and potentially leverage best practices from both brands to improve their own business operations.