Tailored Living FDD Summary
Type of Business
The franchised business is the mobile retail design, sale and installation of organizing units and storage and organizing accessories for closets, pantries, home offices, storerooms, utility rooms, basements, laundry rooms, attics and garages.
Corporate Information
Tailored Living, LLC, was incorporated in California on January 24, 2006, under the name “Closet Tailors, Inc.” On May 18, 2006, they converted to a California limited liability company named “Closet Tailors, LLC.” On May 5, 2010, they changed their name to Tailored Living, LLC. They have been offering franchises since 2006. Their affiliate, Budget Blinds, Inc., a franchisor of window covering businesses, is a California corporation that was organized on October 5, 1992. It began offering franchises in March 1994. Tailored Living, LLC’s principal business address is 1927 North Glassell Street, Orange, California 92865. Their parent company, Home Franchise Concepts, Inc. is also at that address.
Investment
The total investment necessary to begin operation of a TAILORED LIVING® franchised business ranges from $106,130 to $744 495 until December 3, 2014 or $111,130 to $249,495 from January 1, 2015. This includes $49,950 to $84,950 that must be paid to the franchisor if the franchise agreement is signed before December 3,1 2014 or $54,950 to$89,950 if the franchise agreement is signed on or after January 1. 2015. If you are a veteran, active service member or spouse of a veteran or active service member of the United States Armed Forces, you will pay $5,000 less than these amounts.