Home Franchise Concepts
19000 MacArthur Boulevard, Suite 100 Irvine, CA 92612
Tailored Living, LLC, was 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. They have been offering franchises since 2006. Their affiliate, Budget Blinds, Inc., a franchisor of window covering businesses, is a California corporation that was organized on October 5, 1992 and converted to a California limited liability company on November 24, 2015. It began offering franchises in March 1994. Tailored Living, LLC’s principal business address is 19000 MacArthur Boulevard, Suite 100, Irvine, California 92612. Their parent company is Home Franchise Concepts, LLC. Prior to November 30, 2015, HFC was a corporation, and its entity name was Home Franchise Concepts, Inc. As of November 30, 2015, Trilantic Capital Management L.P. acquired a majority stake in HFC, and as part of that transaction, HFC converted to a limited liability company. Trilantic Capital Management L.P.’s principal business address is 375 Park Avenue, 30th Floor, New York, New York 10152.
The business you will conduct under a TAILORED LIVING® franchise is a mobile business (“Franchised Business") for the design, sale, and installation of organizing units and storage and organizing accessories for closets, pantries, home offices, storerooms, utility' rooms, basements^ laundry rooms, attics, and garages using our expertise (“System”). With very limited exceptions. Franchised Businesses also offer liquid garage flooring services. You will use a motor vehicle with or without a trailer identified with signage we specify to make sales calls and perform installation work. You will generate sales in many v/ays, including local digital marketing such as pay-per-dick, social media, reviews, digital listings, email to existing and potential customers as well as canvassing, home shows, other print media and word of mouth referrals. The market you will serve consists of residential and business customers within the territory assigned to you. The market for iliquid flooring and the design, sale, and installation of organizing units and storage and organizing accessories is very corripetitive. You will compete not only with locally-based, regional, and national chains that specialize ip organizing units and liquid flooring, but also with home builders and remodeling firms, do-it-yourself stores, specialty stores that feature Organization products, and general department stores that sell pre-fabricated organizing products. There are few barriers to entry into this market and there may be more competitors in the future.
1 Directors with Prior Bankruptcies
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Franchimp Summary Rating
7/10
Earning Transparency
7/10
$588,139 / unit
Average Revenue During 2020Building & Construction
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Upfront Franchise Fees
Minimum: $74,950 Maximum: $74,950
Upfront franchise fees are the one-time payments required to secure rights to operate under an established brand, typically ranging from $20,000 to $100,000+ depending on brand value.
These fees grant access to proprietary business systems, training programs, intellectual property rights, and often territorial exclusivity—essentially purchasing the blueprint for a proven business model.
While separate from ongoing royalties, investors should evaluate these fees against expected returns, comparing fee-to-earnings ratios across opportunities and assessing how effectively franchisors reinvest these funds into system improvements.
Total Investment Costs
Minimum: $184,470 Maximum: $297,825
Ongoing Fees
Ongoing franchise fees, typically structured as royalties ranging from 4-8% of gross sales, represent the continuous payments franchisees make to maintain brand affiliation and support services.
These recurring fees fund the franchisor's operational assistance, marketing initiatives, technology updates, and continued brand development—creating a partnership where the franchisor's revenue grows alongside the franchisee's success. In addition to royalties, franchisees often contribute to national advertising funds (usually 1-3% of sales) and may incur technology fees, supply chain markups, or renewal fees depending on the franchise agreement.
Investors should carefully analyze these ongoing costs within their financial projections, as they directly impact profit margins and cash flow throughout the entire franchise relationship.
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