CYPRESS, Calif. - April 28, 2014 // GLOBE NEWSWIRE // - The $7.7 billion U.S. home organization product industry is projected to grow 4 percent annually over the next three years, according to The Freedonia Group. Paralleling industry growth, Closets By Design, a longtime leader in the closet organizing and storage remodeling industry, announced deals for new franchise locations, as well as plans for accelerated future franchise expansion.
The custom closet and home organization system franchise recently signed two franchise agreements to bring new locations to the West Palm Beach, Florida and Austin, Texas by mid-summer 2014. The latest agreements are part of an overall growth plan to expand Closets By Design franchise units by 15-25 percent annually into territories across the United States and Western Canada.
"Studies show that nearly half of American homeowners are renovating in order to improve storage and efficiency, making organization products used in garages and closets one of the highest demanded categories in the home remodeling industry," said Jerry Egner, President of Closets By Design. "Our franchise is answering the high consumer demand and has targeted key markets for expansion across the country where we are committed to finding the right partners to grow our brand."
Closets By Design is currently seeking business-minded franchise partners who will value the proven systems and processes in place to provide the highest quality, custom-built products while maximizing profitability at each location. Qualified franchise partners will understand how to manage and grow a business as well as the economics behind it. While woodworking experience is not required, all products are custom-manufactured on site by individual franchise locations.
With more than 30 years in the industry, the Southern California-based franchise offers entrepreneurs industry-leading franchise support, comprehensive marketing and advertising programs and high unit-level economics. Investment levels for Closets By Design range from $124,900 to $278,400. In addition to the exclusive rights to operate within a franchise territory, the franchise fee includes extensive training and support in all aspects of running a successful Closets By Design franchise. For more information, please visit www.closetsbydesign.com/franchise-opportunities.
Since 1982, Closets By Design has built a reputation as a leader in the closet organizing and storage remodeling industry. From no obligation in-home consultation to custom tailored designs to the highest quality product construction, Closets By Design emphasizes a commitment to complete customer service and total customer satisfaction. The concept began offering franchise opportunities in 1997 and currently has 38 locations across the United States and Canada. Closet By Design offers franchise opportunities in large exclusive territories with households ranging from 300,000 and higher. Closets By Design has been ranked in Entrepreneur magazine's top 500 franchises as a leader in the home organization category. For more information, please call 1-800-377-5737 or visit www.closetsdesign.com.
SOURCE Closets By Design