Franchise opportunities compared

    Hello Garage vs Up Closets

    Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.

    Before you compare

    • Both sets of figures come from 2026 FDDs.
    • Up Closets discloses more than one business format, so the investment range spans formats; the full report breaks them out.
    • Item 19 figures cover the location groups each FDD names (Hello Garage: 1, Up Closets: 1). Different groups are not directly comparable.
    DisclosureHello GarageUp Closets
    Financial commitment
    Estimated initial investment (Item 7)
    $165,340 – $205,250
    Total
    2026 FDD · Item 7 · PDF p. 16
    $95,350 – $1,500,000
    2026 FDD · Item 7
    Standard initial franchise fee (Item 5)
    $59,500
    Initial product inventory and certain equipment of $40,000 to $50,000 must also be purchased.
    2026 FDD · Item 5 · PDF p. 11
    $49,000
    2026 FDD · Item 5 · PDF p. 12
    Royalty (Item 6)
    5% of gross revenue
    Royalty Fee
    2026 FDD · Item 6 · PDF p. 12
    4% · percent of Gross Sales; 6% up to $1,000,000, 5% between $1,000,000 and $2,000,000, and 4% above $2,000,000
    Royalty Fee
    2026 FDD · Item 6 · PDF p. 72
    Brand / advertising fund (Item 6)
    2% of gross revenue
    Hello Garage Brand Fund Contribution
    2026 FDD · Item 6 · PDF p. 12
    0% of the gross revenue of your franchised business during the preceding month
    Brand Fund Contribution
    2026 FDD · Item 6 · PDF p. 18
    System scale & health
    Total outlets (Item 20)
    87
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 43
    Not available
    No reviewed outlet counts
    Net outlet change (Item 20)
    −46
    Calculated: 133 at end of 2023 → 87 at end of 2025
    Not available
    Only one year reported
    Outlet exits (Item 20)
    30
    Closures, terminations & non-renewals in 2025 · Calculated turnover 25.6% of outlets at start of year
    2026 FDD · Item 20 · PDF p. 43
    Not available
    No complete exit records for a year
    Franchising since (Item 1)
    July 2020
    2026 FDD · Item 1 · PDF p. 1
    2022
    2026 FDD · Item 1 · PDF p. 9
    Franchisor founded (Item 1)
    Formed in November 2019
    2026 FDD · Item 1 · PDF p. 1
    2022
    2026 FDD · Item 1 · PDF p. 8
    Performance (Item 19)
    Financial performance (Item 19), by location group
    Franchised and company-owned (25 locations) — revenue and other measures
    $372,569
    mean Installation Gross Revenue · 2026 FDD · Item 19 · PDF p. 40
    Locations counted not stated in the reviewed record
    372 consultations
    other Number of Consultations · 2026 FDD · Item 19 · PDF p. 50

    Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.