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2021 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$29K - $59K
Units as of 2019
1 0.0% over 3 years

Company Overview

About Space2Sleep

Industry
Home Improvement
Founded
2015
Leadership
Derek Troy, CEO

Franchising Overview

Franchising Since
2019 (2 years)
# of employees at HQ
3
Where seeking

This company is seeking new franchisees throughout the US.

# of Units
1 (as of 2019)

Franchisor Information

Corporate Address
558 Mockingbird Trail
Bailey, CO 80421

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Space2Sleep franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$15,000
Initial Investment
$29,440 - $59,045
Veteran Incentives
20% off franchise fee
Royalty Fee
4-5%
Ad Royalty Fee
1%
Term of Agreement
5 years
Is franchise term renewable?
Yes

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training
16 hours
Classroom Training
22 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Franchisee Intranet Platform
Marketing Support
Ad Templates
Social Media
SEO
Website Development
Email Marketing

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
Yes
Can this franchise be run part time?
No
# of employees required to run
1
Are exclusive territories available?
Yes

Franchise 500 Ranking History

Compare where Space2Sleep landed on this year’s Franchise 500 Ranking versus previous years.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021