As part of the awarding process you will receive a FDD (Franchise DiclsoDisclosureent) which will provide specific information about the Closet & Storage Concepts franchise opportunity including:
Average Unit Revenues - $1,754,433
Cost of Sales - $453,980
Gross Margin - $1,300,453
Overhead Costs - $915,949
EBITDA - *$384,504
*$384, 504 - 2016 FDD, Item 19 (page 61) - As of December 31, 2014, there were six Closet & Storage Concepts locations operating in markets with a population in excess of 1,000,000, all located in the United States. Of these six US locations, five were franchised, one was company owned and operated. All manufactured their own products for sale to consumers. The data presented in this section represents the performance of three franchised locations (five franchisees received questionnaires: three responded) that supplied all of the financial data for the twelve months of January- December 2014 required in these charts.