Abiko Prosperity Initiative LLC

Seeking $1 MM to invest in two franchises in exchange for a percentage of the equity which will be determined by the profitability of the franchise. 

For the past 40 years, Closets by Design has offered a broad range of organizational solutions within the home and may include closets, pantries, laundry rooms, home offices, wall units and garages. The company was rated the #1 Franchise by Entrepreneur Magazine in their category one of America’s Top 50 New Franchises for four years in a row. 

There are currently 56 franchises across the United States and Canada. Each franchise has high gross margins and low inventory. Cash is collected before product delivery. 

Areas with households earning on average $200K to $250K annually. 

Average Revenue: $9,569,421

NOTE: Over 19 stores are posting over $9.5 million average revenue. 

Average Closing Ratio: 49.48%

Average Sale: $5729

$511,000 plus 7.25% Royalty and 2.25% National Advertising Fund

Expenses included in $524K investment include: 

I have over 7 years of experience in B2B and B2C sales and marketing experience along with consulting experience. I also have been a Director of a non-profit and a program manager managing and collaborating with cross-functional teams of 10 or more. I’ve worked with sales and marketing, engineers, C-suite executives, finance and accounting, and others to ensure that a quality product is produced. Closets by Design has found that leaders with experience in sales and marketing along with strong management skills have excelled in their franchises. 

My initial guesstimate is the initial stake can be 5% to 10% of the profits for each franchise. If there is 50% profitability($4,750,000) for Closets By Design, for example, this would mean on average, you’d earn $475K annually from the deal with 10% equity. You’d see your return on investment in just over 2 years.

NOTE: More information about the second franchise provided upon request for the brevity of the post. 

**I have numerous ADA recognized disabilities that are better managed when I am either working from home or when I am in charge of my own destiny. It's difficult getting hired despite having multiple degrees in Electrical Engineering/Biomedical Engineering and an MBA. Having this business would mean a great deal to me to restore dignity and give me a sustainable income, a legacy, and retirement. I am running out of options to survive without it.