Cash Investment (Liquid): $119,950
Minimum Investment: $184,470
Maximum Investment: $297,825
Minimum Net Worth: $200,000
Franchise Fee: $74,950
Royalty Type: Scalable
Royalty Fee Structure:
$300 - $2,000 - Ramps up over the course of 5 years
Ad Fee Structure:
$500 until there are 199 fee paying territories
$750 once there are 200 fee paying territories
$1,500 once there are 350 fee paying territories
$2,000 thereafter once there are 500 fee paying territories
Business Type
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Home Based
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Office Space
B2B/B2C
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B2B
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B2C
Discounts:
Vet Fran
Average # of Employees:
2+
Participation Type:
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Owner-Operator
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Executive Model
Background
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Year Established: 1999
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Year First Franchised: 2006
Tailored Living
WHO ARE WE?
Tailored Living is the merger of two great brands in the Home Organization business: Closet Tailors and Premier Garage. They focus on helping home and business owners become more organized by designing and installing custom storage solutions in their closets, garages, pantries, home offices, laundry rooms and commercial locations. With low overhead, high margins, no inventory, and a large territorial footprint this business is great for candidates who want to be heavily involved with minimal employees as well as for the empire builder who wants a management role and growth potential.
They are looking for candidates with some business background that are comfortable in hiring and managing employees. While this can be done on a smaller scale with one territory and only one additional installer, they anticipate most of their franchisees will wnat to be hiring and managing a sales person and team of installers at minimum. Hard working, professional, outgoing men/women fit well. This is not a cold calling business, offers exclusive territories with over 75,000 households.
Why US?
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Because they aren't a manufacturer (as most of their competitors are) they can offer a greater selection of products than their competitors. They have very little overhead which allows them greater price flexibility over the competition. Their D'Vinci design allows them to custom design and print a rendering in the appointment while much of the competition still uses graph paper and pencils. Offering liquid flooring in addition to everything in and out of the house makes them the only organization company that can fulfill all of those product needs in one stop.
Support
2-week start-up training covers everything you need to know to start strong. Administration, office set-up, technology, marketing your business locally, product knowledge and installation. (Travel & Accommodations included for Start-Up Training). After training, they will be given a year (at least) of outside P&L/business coaching by an outside group of Vendors that they will provide to them to pick from.
Ideal Candidate
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We are looking for candidates with some business background that are comfortable in hiring and managing employees. While this can be done on a smaller scale with one territory and only one additional installer, we anticipate most of our franchisees will want to be hiring and managing a sales person and team of installers at minimum. Hard working, professional, outgoing men/women fit well. This is not a cold calling business, offers exclusive territories with over 75,000 households.
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