Worth the money. Could hang several pants or shirts (~ 20) on the racks. It is pretty big and tall and doesn’t break down enough but you could store it in between a space 3-6 inches wide if you remove the bottom shelf all the way you may be able to store it in a slightly smaller space standing up or under the bed. It is easy to take the bottom shelf apart. It was a little tedious putting it together at first but once you understand the different pieces it is a breeze. I put it together without any tools in about 15 minutes. I actually stored  stored it in an empty bedroom closet.