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More Space Place

More Space Place

More Space Place franchises operate retail businesses specializing in space-saving home furnishings, including proprietary products like closet systems, Murphy wall beds, garage organizing cabinetry, home offices, and other home improvement solutions that utilize vertical storage and multi-functional space concepts. Franchisees sell and service these products from approved locations, purchasing from designated suppliers and following the franchisor's unique business system. The target market spans all age groups, economic levels, geographic areas, and includes both retail consumers and commercial clients such as hotels, dormitories, and fire stations.

26locations
$164K–$253K
Since 2002
RetailWest Berlin, NJwww.morespaceplace.comDisclaimer

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Franchise Costs

Franchise Fee
$59,500
Initial Investment
$164,200 – $253,400
Royalty Rate
5.00%
Brand Fund
N/A
Fixed Monthly Fees
$113 – $116

5% royalty (min $125/wk) + $75/wk national ad fund + $1,200/yr BIZTRAX CRM + $70/yr CAD updates + $7-10/mo email fee

Financial Performance


Item 19 Financial Performance

Average Gross Revenue
$1,379,192
Median Gross Revenue
$1,414,933
Average Gross Profit
$859,236.62

Data Based On: Data based on 11 representative franchised More Space Place locations operating as of December 31, 2025, open for at least 1 year, operating for the full 12 months of 2025, from a dedicated retail showroom, and in a protected territory of at least 250,000 population. For Cost of Goods Sold and Payroll Expense data, 9 locations were used due to exclusions mentioned in the FDD.

* Average Gross Profit was estimated by subtracting the average Cost of Goods Sold (COGS) from the average Gross Revenue. Average Gross Revenue of $1,379,192 is based on 11 locations, while the average COGS percentage of 37.7% is based on 9 locations (due to exclusions). Estimated Average Gross Profit = $1,379,192 - (0.377 * $1,379,192) = $859,236.62. The estimated profit range (best_guess_profit_low and best_guess_profit_high) was calculated by applying the lowest and highest reported expense percentages/values for COGS, Rent, and Payroll to the average Gross Revenue of $1,379,192. These ranges are derived from data for 9 or 11 locations, as noted in the FDD. - best_guess_profit_low: Calculated by maximizing expenses (highest COGS % (39.2% from 9 locations), highest Rent ($124,183 from 11 locations), highest Payroll % (33.5% from 11 locations)) against average Gross Revenue: $1,379,192 - ( (0.392 * $1,379,192) + $124,183 + (0.335 * $1,379,192) ) = $252,336.42. - best_guess_profit_high: Calculated by minimizing expenses (lowest COGS % (32.8% from 9 locations), lowest Rent ($57,983 from 11 locations), lowest Payroll % (26.6% from 11 locations)) against average Gross Revenue: $1,379,192 - ( (0.328 * $1,379,192) + $57,983 + (0.266 * $1,379,192) ) = $501,968.95.

Extracted Item 19 Section

Avg. Revenue: $1,379,192

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How More Space Place Compares

FranchiseInvestmentFeeRoyaltyLocations
More Space Place
Current
$164K – $253K$60K5.0%26
BUDGET BLINDS$101K – $211K$20K3.5%1,355
Koala Insulation$195K – $242K$50K6.5%333
That 1 Painter$97K – $137K$59K6.0%315
Five Star Bath Solutions$162K – $334K$60K6.0%306
CERTA PROPAINTERS$171K – $321K$65KN/A303
Home Improvement Average
64 franchises
$142K – $255K$50K6.2%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 64 Home Improvement franchises by location count.

Locations & Growth


Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2025)

Outlets by state across the United States

Top States
1FL
11
2SC
5
3TX
4
4NC
2
5VA
1
6GA
1
7NH
1
8AL
1
9TN
0

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SBA Loan History


Historical SBA 7(a) loan data for More Space Place franchisees (20172025)

Total Loans
5
Average Loan
$1,312,000
Total Volume
$6.6M
Default Rate
0.0%

Loans by Year

SBA 7(a) loan activity over time

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

5 SBA loans on record

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Franchisee Contacts

24 franchisee contacts on file from official FDD filings.

24 Contacts Available

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Due Diligence


Litigation (Item 3)

Franchisee Cases0
No litigation involving franchisees reported

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
0
Non-Renewals
1
Reacquired
0
Ceased Ops
0
Transfers
3
Sold to Franchisees
0
Projected New
4

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Frequently Asked Questions

The total initial investment to open a More Space Place franchise ranges from $164,200 to $253,400. This includes a franchise fee of $59,500. Ongoing royalty fees are 5.0% of gross sales.