Cabinet Franchise: Why Home Organization is Driving Demand
Cabinet Franchise: Why Home Organization is Driving Demand
Thinking about a cabinet franchise? It may be better to look for a franchise opportunity like The Tailored Closet, which offers more than cabinets and puts you in the center of the home organization industry.
Cabinets are an essential component of home design, offering both functionality and aesthetic appeal. Custom cabinetry can be a lucrative niche, especially if you target high-end markets or specialize in one-of-a-kind, high-quality designs. Demand for cabinets is forecast to reach $26.5 billion by 2026. A rise in commercial construction, lower supply costs, and homeowners choosing high-end materials in remodels is helping propel the industry forward, according to The Freedonia Group.
Expand Your Reach with Home Organization
While a cabinet franchise may seem like a straightforward entry into the home improvement market, evolving consumer needs and market trends suggest positioning your business as a wider storage franchise opportunity could lead to greater success. Cabinet franchise opportunities are often limited to making improvements in kitchens and bathrooms. Providing home organization services allows you to cater to every room in a customer’s home.
The home organization industry is witnessing a surge in demand and is on track to reach $15.9 billion by 2030. More time spent at home has amplified the need for organized, efficient living spaces, and the rise in remote work has created a demand for home offices that are both functional and aesthetically pleasing.
Americans are also embracing the concept of minimalism to combat the complexity of their daily lives. Home organization plays a major role in adopting a minimalist lifestyle. Minimalism is a design and lifestyle philosophy that emphasizes simplicity, clarity, and the removal of unnecessary elements in various aspects of life. It spurs people to declutter and get organized. A new study published in Springer Nature’s Environment, Development, and Sustainability journal found “a positive relationship between minimalism and well-being” among millennial participants.
Why The Tailored Closet Offers a Better Opportunity
Here's why The Tailored Closet’s holistic approach to home organization could be a better business opportunity for you:
- Diverse product range: We don’t just stop at cabinets. We offer customers a wide range of home organization solutions, including custom closets, home offices, garage storage systems, and more. Our diversity caters to a broader market and allows for multiple revenue streams, including both residential and commercial customers.
- Customization and personalization: We provide personalized solutions tailored to individual customer needs to meet the growing consumer demand for functional spaces in their homes. We rely on proprietary 3D software to help customers envision their remodeled space.
- Caters to current market trends: Our designs align with current market trends. Consumers are looking for comprehensive solutions to their home organization needs, not just isolated products like cabinets. In addition to organizational systems, we offer stylish solutions to create a beautifully organized space.
- Scalability: The Tailored Closet business model is designed for scalability, allowing you to start with a single territory and gradually expand your reach. The initial investment for The Tailored Closet is $155,220 to $268,675, and a single territory includes approximately 100,000 households. We offer $44,000 of in-house financing to qualified buyers.
- Strong family of brands: As one of Home Franchise Concepts’ 10 home services brands, The Tailored Closet benefits from strong brand recognition and a proven business model. Our support is invaluable, providing you with training, marketing tools, and ongoing guidance to achieve your financial goals.
Learn More About the Tailored Closet
So much more than a cabinet franchise, The Tailored Closet offers you an opportunity to be part of a growing industry that enhances people's lives through better home organization. Inquire now to learn more.