Closet & Storage Concepts/More Space Place
Residential/commercial closet and storage systems; Murphy beds

Closet & Storage Concepts/More Space Place
Residential/commercial closet and storage systems; Murphy beds

About
Founded

1987

Franchising Since

2000 (19 Years)

Corporate Address

436 Commerce Ln., #D
West Berlin, NJ 08091

CEO

Bob Lewis

Financial Requirements
Initial Investment

$95,700 - $494,100

Net-worth Requirement

$100,000

Liquid Cash Requirement

$50,000

Ongoing Fees
Initial Franchise Fee

$29,500 - $38,500

Ongoing Royalty Fee

5%

Ad Royalty Fee

to $300/mo.

Financing Options

Closet & Storage Concepts/More Space Place has relationships with third-party sources which offer financing to cover the following: 
startup costs, equipment

Veteran Incentives

25% off franchise fee

Support Options
Ongoing Support

Purchasing Co-ops

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Site Selection

Proprietary Software

Franchisee Intranet Platform

Marketing Support

Ad Templates

Social media

SEO

Website development

Email marketing

Loyalty program/app

On-The-Job Training:

40 hours

Classroom Training:

40 hours

Absentee Ownership Allowed
Number of Employees Required to Run:

10 - 12

Bio
Founded by Bob Lewis in 1987, Closet & Storage Concepts designs, manufactures and installs custom closet and storage products in homes and businesses.
Cost
Initial Investment: Low - $95,700 High - $494,100
Units
+2.6%+0 UNITS (1 Year) +14.7%+5 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S. and in the following regions/states: Canada, Central America, Mexico, South America
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: August 27th, 2019