Franchise overview by FranRelay
More Space Place
More Space Place sells space-saving furnishings, including closet systems, Murphy beds, garage cabinets and home-office products. Franchisees run a showroom and provide design, delivery and installation services.
Speak with a FranRelay consultant about More Space Place, your questions, and next steps.
Investment and fees
What it costs to open and operate
Upfront investment
Total initial investment
$164,200 – $253,400
US-dollar estimate includes the $59,500 fee, leased showroom/warehouse and up to three months of operating funds. The funds exclude owner pay and royalties. Van costs start with three months of payments; forklift costs cover at least three months of lease/payments.
Initial franchise fee
$59,500
Normally counted within the total above, not added on top — confirm in the source.
One-territory fee in US dollars, due in full at signing and nonrefundable. Qualified honorably discharged veterans with at least 51% ownership may receive 25% off their first-business fee; the franchisor may change or cancel the program.
Selected fees
Royalty5% of gross revenues; minimum $125 per week
Gross revenues include product and service sales and installation charges, less specified customer taxes and bona fide refunds, rebates and discounts. Paid each Monday by ACH for the week ending the prior Saturday.
Advertising contributionCurrently $75 per week per territory
Paid weekly on Monday for the previous week. Increases are capped at 1% of weekly gross revenues, with no increase during the first agreement year. This contribution is separate from local advertising spending.
Local marketing7% of monthly gross revenues, subject to a required monthly minimum
Spend the greater of the revenue-based amount or the required monthly minimum, separately from the national contribution. Advertising needs advance written approval. Listing pages and online advertising can count toward local spending.
These are selected fees, not the complete fee schedule. Review the full FDD for all fees and conditions.
Figures are as disclosed for the period shown; unknown or undisclosed items are labelled, never shown as $0. No earnings, profit or payback figures are shown. Revenue is not profit.
Ownership and support
What owning this franchise involves
Your role
Personal owner participation is recommended; an approved designated manager can run daily operations.
- Owner involvement
- You or your designated manager must give the business full-time attention and personally supervise it.
- Main responsibilities
- Coordinate design and sales, ordering, delivery, installation and customer service under brand standards.
- Manager requirements
- Managers need approval and required training; replacing a manager requires prior written approval.
Free consultation
Let's talk about More Space Place.
Talk with a FranRelay consultant about your More Space Place startup budget, premises, territory count and ownership role.
Free for buyers. Franchisors may pay FranRelay if you go ahead; we tell you before any introduction, and nothing happens without your go-ahead.
Disclosure document
The fees above are a short selection. Check the full FDD for all fees and terms before making a decision.
Closets Unlimited of New Jersey, Inc., Franchise Disclosure Document. not extracted; inspect cover.
An introduction is not a statement that territory is available or that you will be accepted.