The Tailored Closet FDD – Franchise Information, Costs and Fees
Type of Business
As a THE TAILORED CLOSET™ franchisee, you will operate a primarily mobile business offering the retail design, sale and installation of organizing units and storage and organizing accessories for closets, pantries, home offices, storerooms, utility rooms, basements, laundry rooms and attics.
Corporate Information
Organized Spaces, LLC conducts business under the name THE TAILORED CLOSET™. Their principal business address is 19000 MacArthur Boulevard, Suite 100, Irvine, California 92612. They were 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” and on January 24, 2022 they changed their name to “Organized Spaces, LLC”. They have been offering franchises since 2006. From 2006 until 2011, they conducted business as CLOSET TAILORS® and their franchisees operated businesses of the type offered under this disclosure document. From 2011 until November 2022, they conducted business as TAILORED LIVING® featuring PREMIERGARAGE® and their franchisees offered retail design, sale and installation of organizing units and storage and organizing accessories for garages and garage flooring in addition to the services offered under this disclosure document.
Investment
The total investment necessary to begin operation of a THE TAILORED CLOSET™ franchised business ranges from $155,220 – $268,675. This includes $74,950 – $76,450 that must be paid to the franchisor or its affiliates.
