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More Space Place
Franchise Opportunity
More Space Place is a premier home organization and storage solutions franchise specializing in custom-built furniture, including Murphy beds, closets, and home office solutions. Offering high-quality, space-saving designs, More Space Place provides franchisees a lucrative opportunity in the growing home improvement industry.
More Space Place provides a structured business model for individuals looking to enter the home services industry. Franchisees benefit from comprehensive training, operational support, and a well-established brand.
- Established in 1987; franchising began in 1992.
- Specializes in custom storage solutions, including Murphy beds, closets, and garage organization.
- Targets homeowners looking for space-saving and organizational solutions.
- Franchise opportunities available nationwide.
More Space Place has built a strong reputation for providing high-quality, custom-built furniture solutions that maximize home organization and space efficiency. The brand differentiates itself through its design expertise and customer-focused approach.
- Offers a diverse range of custom-designed storage solutions.
- Uses high-quality materials and expert craftsmanship.
- Supports franchisees with marketing tools, operational guidance, and training programs.
- Focuses on delivering personalized space solutions tailored to each customer's needs.
Investing in More Space Place includes startup costs covering franchise fees, showroom build-out, training, and marketing.
- Initial franchise fee: $39,500.
- Estimated total initial investment: $224,000 to $409,500.
- Ongoing royalty fees: 5% of gross revenue.
- Marketing fees: 2% of gross revenue for national advertising.
Initial Franchise Fee
$39,500 - $39,500
The franchise fee includes initial training, branding, and operational support.Total Initial Investment
$224,000 - $409,500
The total investment covers showroom setup, training, marketing, and operational costs.Royalty Fees
5%
Royalties are calculated as 5% of gross revenue and are payable monthly.Minimum Cash on Hand Required
$100,000
Minimum liquid capital ensures franchisees can cover startup and operational expenses.Net Worth Required
$300,000
Net worth requirements demonstrate financial stability to operate and grow the business.Part-Time / Full-Time
Full-Time
Operating a More Space Place franchise requires full-time involvement to ensure service quality and showroom success.More Space Place is expanding across multiple regions, targeting high-demand areas for home organization solutions.
- Exclusive territories provided to franchisees.
- Ideal locations include suburban communities, shopping centers, and home improvement districts.
- Growth opportunities in regions with high homeownership rates and renovation trends.
More Space Place provides extensive training and support to ensure franchisee success.
- Initial training covers custom furniture design, customer service, and business operations.
- Ongoing support includes marketing assistance, operational coaching, and supplier partnerships.
- Access to proprietary design software and inventory management tools.
- Continued education on home organization trends and sales strategies.
More Space Place franchisees benefit from strong earnings potential due to the increasing demand for home organization solutions.
- Revenue generated from custom furniture sales, installations, and home consultations.
- High profit margins due to premium pricing and exclusive product offerings.
- Opportunities for additional revenue through add-on storage solutions and home office installations.
- Profitability depends on location, marketing efforts, and customer service quality.
The ideal More Space Place franchisee is a business-savvy entrepreneur with a passion for home improvement and customer service. No prior experience in furniture or design is required.
- Passion for home organization and custom design solutions.
- Strong leadership and business management skills.
- Willingness to follow the franchise's structured business model.
- Interest in providing high-quality, space-saving solutions to homeowners.
More Space Place offers franchisees numerous benefits, making it a leading choice in the home services industry.
- Recognized brand with a strong reputation for space-saving furniture solutions.
- Proven business model with structured training and operational support.
- High-demand industry with continuous customer interest in home improvement.
- Scalable business model with opportunities for showroom expansion.
While More Space Place provides strong brand support, franchisees should be aware of potential challenges.
- Success depends on strong local marketing and relationship-building with homeowners.
- Requires maintaining an inventory of custom furniture and materials.
- Initial investment costs may vary based on location and showroom size.
- Competition from other home improvement and storage solution providers.
More Space Place presents a scalable and profitable opportunity for entrepreneurs in the home improvement industry. With a strong brand identity, a proven business model, and increasing demand for custom storage solutions, franchisees are well-positioned for long-term success. This franchise is ideal for individuals passionate about home organization, customer service, and business growth.