Clozetivity
Home Services · Flooring & Interior Services
- Active units
- 57
- Avg unit volume
- $512k
- Royalty
- 0.0%
Franchised, year-end 2023
of weekly Net Sales
About Clozetivity
Detailed brand overview is not available yet for this profile.
Key terms
- Franchise fee
$39k
- Brand fund
2.0% of Net Sales
- Local advertising
2.0% of Net Sales
- Veteran discount
20.0% off franchise fee — Initial Franchise Fee for first territory discounted by 20% for qualified veterans
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2024 filing).
Growth
- Total locations57
Franchised units open at year-end
- New openings40
Gross new units opened during the calendar year
- 1-year unit growth rate119.2%
Net unit growth versus prior year
- 3-year unit CAGR151.7%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio4.4×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)$512k
Table shows Average Revenue per owner across 11 owners for 2023.
- Annual unit volume (25th percentile)$168k
Revenue means the total dollar amount of all sales generated through the Clozetivity Business, less sales tax or bona fide refunds to customers for non-salvage…
- Annual unit volume (75th percentile)$674k
Revenue means the total dollar amount of all sales generated through the Clozetivity Business, less sales tax or bona fide refunds to customers for non-salvage…
- 1-year Median AUV growth rate—
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$120k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open2 months
Midpoint of average time from agreement to opening
↓ Lower is better - Royalty rate0.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio4.3×
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.