OFFICIAL FILING · MN · 2026
Up Closets FDD (Franchise Disclosure Document) — 2026
The FDD is the 23-item legal disclosure every U.S. franchisor must hand you at least 14 days before you sign or pay anything (FTC Franchise Rule, 16 CFR 436). Up Closets's most recent FDD tracked here was filed in 2026 as a multistate filing — and because registration-state filings are public records, you can read it free, without giving a broker your phone number.
THE SAME DOCUMENT SITES SELL OR GATE BEHIND LEAD FORMS. FILED 2026 · SOURCE STATE MN
| ITEM 5 | Initial franchise fee | $49K |
| ITEM 6 | Ongoing royalty | 6.0% of gross sales |
| ITEM 7 | Total initial investment | $95K–$151K |
| ITEM 3 | Disclosed litigation matters | 3 |
| ITEM 19 | Earnings disclosure (FPR) | Yes — median unit volume $669K (Average Gross Revenue of 20 franchised locations with (i) at least 12 months of operation from November 1, 2024 to October 31, 2025, (ii) full advertising programs in operation, and (iii) staffing at minimum levels. Each quartile contains five franchisees. 8 of 20 (40%) attained or surpassed the average revenue result. Franchisee-reported; not audited.) |
| ITEM 20 | Outlets (fiscal 2025) | 76 franchised at year end · 6 exits (14.6% annualized) |
| ITEM 21 | Franchisor financial statements | clean (unqualified) audit opinion — DA Advisory Group PLLC |
Citation discipline: every figure above is extracted from the 2026 Up Closets FDD as filed and links back to that document. Fields the filing did not state are omitted — nothing here is estimated, surveyed, or filled in from marketing material. FDDs are reissued annually; verify against the current issuance before relying on any number.
Up Closets FDD questions, answered
Where can I download the Up Closets FDD for free?
Up Closets's 2026 Franchise Disclosure Document is a public record. It can be downloaded free from the source link on this page — no broker form, no email signup required.
What year is Up Closets's most recent FDD on file?
The most recent Up Closets FDD tracked here was filed in 2026. Franchisors must update their FDD annually, so confirm you are reading the current issuance before signing.
Does Up Closets's FDD disclose earnings (Item 19)?
Yes — Up Closets makes a financial performance representation in Item 19 of its 2026 FDD, reporting a median unit volume of $669K. Read the basis fine print: franchisors choose which units and metrics to include.
What does Up Closets's FDD Item 20 show?
In fiscal 2025, Up Closets ended with 76 franchised outlets; 6 of 41 open at the start of the year left the system — an annualized exit rate of 14.6% (terminations, non-renewals, and "ceased operations — other reasons").
A broker is paid by the franchisor to place you. An independent CPA is paid by you — and the job is pressure-testing Up Closets's numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →