ShelfGenie Franchise vs. Tailored Closet: Costs, Support, and More

Learn more about your options in home organization franchises. See how a ShelfGenie franchise compares to working with The Tailored Closet.

Demand for home organization products is on the rise. Homeowners searched for ways to create multifunctional spaces to accommodate remote working immediately following the pandemic outbreak. As hybrid schedules and working from home continue to become the norm, minimizing clutter and streamlining organization remains a priority. The home organization market is forecast to grow 2.1% per year, hitting $13.5 billion by 2025, according to Freedonia Group. Professional sales are slated to outpace DIY projects as customers turn to experts to save time and reduce hassle.

Before investing in a franchise, it’s essential to determine if it will meet your goals and expectations for business ownership. Owning a franchise provides a business with a history of profitability and procedures to follow. Franchising allows entrepreneurs to become business owners with less risk and support. But, there are a lot of different franchise options to explore in the home organization industry. To understand how ShelfGenie measures up to The Tailored Closet, let’s take a closer look at its history, costs, fees, and procedures.

<H2>Shelving Specialists

ShelfGenie started in 2000 when its founder, Andrew Kerwin, installed his first set of custom gliding shelves in his parent’s kitchen cabinets. He founded the company with his parents and started franchising in 2007. After expanding to approximately 50 locations, ShelfGenie was acquired by Neighborly, one of the largest franchisors of home services, in 2020. Neighborly franchises 17 brands with at least 5,000 locations, including Molly Maid, Mosquito Joe, and Glass Doctor.

Source: Tailored Living FDD, ShelfGenie FDD

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The initial investment for a ShelfGenie franchise is $42,350 to $135,500. ShelfGenie owners gain access to Neighborly’s proven system and solid reputation as part of the franchise agreement. Neighborly’s vast portfolio allows franchise owners to take advantage of complementary brands to diversify their income and increase profit potential.

Despite the advantages of the backing of a strong franchise player, ShelfGenie’s home organization solutions are limited. They specialize in shelving for existing cabinets, rather than a whole home organization service. A limited number of locations are starting to offer closet solutions. While the upfront costs of ShelfGenie are lower than The Tailored Closet, ShelfGenie franchise owners rely on the parent company to provide follow-up services, including installation. As a result, they do not need to purchase installation equipment, but they have less control over the end product.

The Tailored Closet: Comprehensive Home Organization

The Tailored Closet started helping customers organize the clutter in their closets in 2006 by creating custom organization systems. We focus on transforming spaces by offering innovative solutions to improve a home’s productivity. While we started out organizing closets, we expanded our services to include craft and hobby rooms, entryways and mudrooms, home offices, laundry rooms, and pantries. The Tailored Closet can make your home ready for guests with space-saving murphy beds. Our franchise owners make customer satisfaction a top priority by overseeing the entire design and installation process.

In addition to a comprehensive lineup of home organization services, The Tailored Closet is one of the brands included in the Home Franchise Concepts family of brands. Home Franchise Concepts franchises nine brands, including Budget Blinds, PremierGarage, and Concrete Craft, with more than 2,400 locations across the country.

The initial investment for a Tailored Closet location is $185,220 to $298,675, which includes installation equipment, such as a vehicle, trailer, and forklift. Home Franchise Concepts offers in-house financing up to $44,000 to help make brands more accessible for qualifying franchise candidates. We also cap our royalty fee at $2,000 per month to take the guesswork out of financial planning. The Tailored Closet provides three weeks of training and one year of business coaching to help franchise owners get started.

Partner with The Tailored Closet

If you have a passion for entrepreneurship and a knack for customer service, The Tailored Closet provides the tools required to own a full-service business in the home organization field. Inquire now to learn the next steps to start a home organization business with The Tailored Closet.