More Space Place
At a Glance
Products & Services: Space-saving furniture systems
Number of Locations: 41
Total Investment: $133K - 203K
Founded: 1985
Began Franchising: 1993
Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2011 | 37 | 0 | 0 | 4 |
| 2009 | 39 | 0 | 0 | 5 |
| 2008 | 40 | 0 | 0 | 4 |
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Startup Costs, Ongoing Fees and Financing
Total Investment: $133,000 - $203,000
Franchise Fee: $29,500
Ongoing Royalty Fee: 4.5%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $29,500
Ongoing Royalty Fee: 4.5%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Liquid Cash Available: $40,000 - $65,000
Operations
53% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 3. Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators).| Financing Type | In-House | Third Party |
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How This Franchise Supports Franchisees
Training: Available at headquarters: 2 weeks. At franchisee's location: 2 weeks+. Additional training available
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives,
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,
Other marketing support: Ready-to-use materials
Franchise Ranking History
Franchise 500®: #366 (2008),
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