Kitchen Wise & Closet Wise Franchise Cost
Organization franchises are growing in popularity as more homeowners seek simple and elegant storage solutions. Find out how much it costs to own and operate a Kitchen Wise & Closet Wise franchise location.
Your Initial Franchise Investment
The estimated costs for buying, opening, and operating a Kitchen Wise & Closet Wise franchise over the first three months range from $108,100 to $147,000 total. Find out how to budget for all necessary expenditures during this initial period:
|
Type of Expenditure |
Estimated Amount |
|---|---|
|
Initial Franchise Fee |
$65,000 |
|
Real Estate &/or Leasehold Improvements |
$0–$3,000 |
|
Vehicle |
$1,500–$5,000 |
|
Insurance |
$2,000–$5,000 |
|
Technology Fee |
$5,000 |
|
Equipment & Supplies |
$3,000–$6,500 |
|
Signage |
$3,000–$4,000 |
|
Licenses & Bonds |
$100–$1,500 |
|
Initial Training Expenses |
$2,000–$4,000 |
|
Grand Opening Costs |
$2,500–$5,000 |
|
Professional Services (Lawyers, CPAs, etc.) |
$1,500–$3,000 |
|
Additional Funds for the First 3 Months |
$22,500–$40,000 |
|
Total |
$108,100–$147,000 |
Invest in Your Success
From the initial investment to ongoing expenses, spending your money wisely will help you grow a lucrative, sustainable business. Create a dependable financial legacy for your family when you invest in a Kitchen Wise & Closet Wise franchise location.
Where Does the Initial Investment Go?
The $65,000 initial franchise and $5,000 technology fees help our corporate team provide you with best-in-class training, cutting edge business technology, and robust support prior to opening.
Our list of approved vendors for marketing materials, insurance, software, and services ensures you receive nothing but the highest quality while saving time on research and decision making. That way, you can focus your energy on our extensive virtual and in-person training programs and setting up for a successful start.
What Will You Pay in the Long Term?
Weekly royalties are 6% of gross sales, contributions to the marketing fund are 2%, and contact center fees are the greater of $70 or 2% for your first year. For these expenditures, you will benefit from our recognizable brand name, robust marketing support, and contact center that will streamline your scheduling and customer service processes.
We’ll continue to provide you with excellent website development, innovative software, and email services over time to support your success.
How Can You Succeed as a Franchise Owner?
You don’t need to enter the home organization space as an expert. As long as you have the right attitude and skills, our franchise training will give you the practical and strategic knowledge you need.
Get Out of Your Comfort Zone
Finding success as a franchisee often requires an individual who is not afraid of taking risks. Personal and professional growth means you must be open to leaving your comfort zone behind. As a franchise owner, you’ll grow each day by consistently interacting with potential and current clients, hiring and leading your team, and making strategic decisions.
Persevere through Challenges
Even with our best-in-class support, your business may still face challenges along the way. If you are a motivated and creative problem solver, you can find your way through these difficulties to build a better future.
Create Momentum
Our franchisee training will help you get started, and our ongoing services will support you along the way. But, your success is ultimately up to you. Consistently delighting customers and coming up with new ideas for marketing and lead generation will keep your momentum going in the long term.
Propel Yourself Forward
The backing of a nationally-recognized brand in an in-demand niche can drive success for new and experienced business owners alike. Reach out to our team to talk about the next step in your entrepreneurial journey.
