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

Company Overview

About Space2Sleep

Industry Home Improvement
Related Categories Miscellaneous Home-Improvement Businesses, Building & Remodeling
Founded 2015
Leadership Derek Troy, CEO
Corporate Address 558 Mockingbird Trail
Bailey, CO 80421
Social Facebook, Twitter, Instagram

Business Overview

Franchising Since 2019 (5 years)
# of employees at HQ 3
Where seeking

This company is offering new franchises in the following US states:

# of Units 1 (as of 2019)

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 Information Circle
$15,000
Initial Investment Information Circle
$29,440 - $59,045
Veteran Incentives Information Circle
20% off franchise fee
Royalty Fee Information Circle
4-5%
Ad Royalty Fee Information Circle
1%
Term of Agreement Information Circle
5 years
Is franchise term renewable? Yes
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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? Yes
Can this franchise be run from home/mobile unit? Information Circle
Yes
Can this franchise be run part time? Information Circle
No
# of employees required to run 1-2
Are exclusive territories available? Information Circle
Yes
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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022