Franchise opportunities compared
PremierGarage 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.
Initial investment · Item 7
PremierGarage
$186,730 – $284,250
2026 FDD · Item 7 · PDF p. 20Up Closets
$95,350 – $1,500,000
2026 FDD · Item 7Initial franchise fee · Item 5
PremierGarage
$19,950
2026 FDD · Item 5 · PDF p. 14Up Closets
$49,000
2026 FDD · Item 5 · PDF p. 12Royalty · Item 6
PremierGarage
Greater of 5.0% of Gross Revenue or $500 per month per territory for the first year and $1,000 per month thereafter
2026 FDD · Item 6 · PDF p. 15Up Closets
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
2026 FDD · Item 6 · PDF p. 72Before 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 (PremierGarage: 6, Up Closets: 1). Different groups are not directly comparable.
Financial commitment
Up ClosetsPremierGarage
Up Closets
PremierGarage
Up Closets
PremierGarage
Up Closets
PremierGarage
Up Closets
System scale & health
Up ClosetsPremierGarage
Up Closets
PremierGarage
Up Closets
PremierGarage
Up Closets
PremierGarage
Up Closets
PremierGarage
Up Closets
Financial performance (Item 19), by location group
Up ClosetsItem 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.
PremierGarage vs Up Closets: common questions
- Which costs less to open, PremierGarage or Up Closets?
- PremierGarage: $186,730 – $284,250 (2026 FDD · Item 7 · PDF p. 20); Up Closets: $95,350 – $1,500,000 (2026 FDD · Item 7). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Up Closets. At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.
- How do PremierGarage and Up Closets royalties compare?
- PremierGarage: Greater of 5.0% of Gross Revenue or $500 per month per territory for the first year and $1,000 per month thereafter (2026 FDD · Item 6 · PDF p. 15); Up Closets: 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 (2026 FDD · Item 6 · PDF p. 72). Royalties as disclosed in Item 6; other recurring fees are listed separately.
- Do PremierGarage and Up Closets disclose financial performance (Item 19)?
- PremierGarage has reviewed Item 19 figures for 6 location groups; Up Closets has reviewed Item 19 figures for 1 location group. Different location groups are not directly comparable, and revenue is not profit.
Answers restate the reviewed figures above. Not a ranking or recommendation.
Keep researching
Full PremierGarage report
Every reviewed fee, Item 19 group, outlet table and territory disclosure
Full Up Closets report
Every reviewed fee, Item 19 group, outlet table and territory disclosure
