factual

Does Closet Storage Concepts provide construction plans for the Approved Location?

Closet_Storage_Concepts Franchise · 2025 FDD

Answer from 2025 FDD Document

Any new location to be proposed pursuant to Section 1.3.4 above shall be within the Territory. The approval of a particular location within the Territory or the determination that an

appropriate location is not available within the Territory shall all be within the sole and absolute discretion of Franchisor and its decisions thereon shall be final. If the location is to be leased, subleased, or sold by Franchisor or any affiliated corporation to Franchisee, such proposal shall be accompanied by a statement of such requirements as may be prescribed by Franchisor relating to the construction or alteration of improvements on the premises. Franchisor shall not submit to Franchisee any lease or sublease with Franchisor or any affiliated entity the term of which extends beyond the term of this Agreement. Franchisor's proposal of a location does not constitute Franchisor's representation or guarantee that Franchisee shall succeed at the selected location, nor an expression of Franchisor's opinion regarding the viability of the location.

Source: Item 22 — CONTRACTS (FDD page 59)

What This Means (2025 FDD)

According to Closet Storage Concepts' 2025 Franchise Disclosure Document, if the location is to be leased, subleased, or sold by Closet Storage Concepts or any affiliated corporation to the franchisee, the proposal shall include requirements relating to construction or alteration of improvements on the premises.

This means that if Closet Storage Concepts or an affiliated entity is involved in leasing or selling the location to the franchisee, they will provide a statement of requirements related to construction or alterations. This is an important consideration for prospective franchisees as it clarifies the level of support and involvement Closet Storage Concepts will have in setting up the physical location, especially if they are directly involved in the property transaction.

However, the FDD does not explicitly state that Closet Storage Concepts provides full construction plans in all scenarios. It only mentions requirements related to construction or alteration if Closet Storage Concepts or an affiliate is leasing/selling the location. If the franchisee independently secures a location, the level of construction support may differ. A prospective franchisee should clarify with Closet Storage Concepts the extent of construction plans and support provided under various location acquisition scenarios to fully understand their responsibilities and the franchisor's assistance.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.