Garage Living Franchise Systems
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Tailored Living is a member of the family of brands under the umbrella of Home Franchise Concepts (HFC), which also includes Budget Blinds, Concrete Craft, AdvantaClean, Kitchen Tune-Up, and Bath Tune-Up. Tailored Living focuses on helping homeowners become more organized by designing and installing customized organizational solutions. The company specializes in everything from custom closets and home office storage to garage cabinets and durable garage floor coatings and offers free in-home and virtual consultations.
- Parent Company
- Home Franchise Concepts
- Leadership
- Heather Nykolaychuk, President
- Franchising Since
- 2006 (15 years)
- Where seeking
-
This company is seeking new franchisees worldwide.
This company is seeking new franchisees in the following international regions: Canada
- # of Units
- 181 (as of 2021)
- Corporate Address
- 19000 MacArthur Blvd., #100
Irvine, CA 92612
Here's what you need to know if you're interested in opening a Tailored Living franchise.
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
- $19,950
- Initial Investment
- $184,470 - $297,825
- Net Worth Requirement
- $250,000
- Cash Requirement
- $140,470
- Veteran Incentives
- 15% off initial franchise and territory fees
- Term of Agreement
- 10 years
- Is franchise term renewable?
- Yes
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- In-House Financing
- Tailored Living offers in-house financing to cover the following: franchise fee
- Third Party Financing
- Tailored Living has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- Classroom Training
- 86.5 hours
- Additional Training
- Regional training
- Ongoing Support
-
Security & Safety Procedures
Franchisee Intranet Platform
Additional details about running this franchise.
- Is absentee ownership allowed?
- Yes
- Can this franchise be run from home/mobile unit?
- No
- Can this franchise be run part time?
- No
- # of employees required to run
- 2
- Are exclusive territories available?
- Yes
Compare where Tailored Living landed on this year's Franchise 500 Ranking versus previous years.
Curious to know where Tailored Living ranked on other franchise lists? Find out below.
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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021
Garage Living Franchise Systems
Source: https://www.entrepreneur.com/franchises/tailoredliving/329076
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