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More Space Place
Space-saving furniture systems
For those who want to go into space, More Space Place has the franchise opportunity. The company helps customers make the most of the room they have in their home with space-saving furniture and products, including Murphy and panel beds as well as home offices, custom closets, media centers, workshops, garage systems, and pantries. In addition to products, the company offers design consultation and installation services. No previous experience in the furniture industry is required to become a More Space Place franchisee. The company offers training and startup and ongoing support, including financing, store design and setup, operations, and marketing assistance.
More Space Place
5040 140th Avenue North
Clearwater, FL 33760
888-731-3051
Fast Facts
| Year established | 1985 |
| Franchising since | 1993 |
| Can be run from home? | No |
| Number of employees needed | 4 |
| Item 19 Financial Performance Representation? | No |
| Multiple units must be purchased in U.S. | No |
| Multiple units must be purchased outside U.S. | No |
| % of franchisees who own multiple units | 40% |
| Absentee ownership allowed? | Yes |
Franchise Unit Growth Rate
| Year | U.S. Franchises |
Non-U.S. Franchises |
Company-Owned Locations |
| 2011 | 37 | 0 | 4 |
| 2010 | 37 | 0 | 4 |
| 2009 | 37 | 0 | 5 |
Expanding in These Locations
United States
Costs
| Total Investment | $133,000 - $203,000 |
| Franchise Fee | $29,500 |
| Royalty Fee | 4.5% |
Financial Requirements
| Net Worth | $150,000 |
| Liquid Capital | $40,000 - $60,000 |
Franchisee Qualifications
Need to enjoy working with customers
Must be organized
Knowledge of computer
Financing
| Does franchisor offer financing? | Yes |
| Is franchisor on the SBA's Franchise Registry? | No |
| Is franchisor a member of the IFA's VetFran program? | No |
Financing Assistance
Conversion program for existing similar businesses; military incentive program
More Space Place
5040 140th Avenue North
Clearwater, FL 33760
888-731-3051
