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Home > Franchises > More Space Place
More Space Place
A franchisee is a powerful and effective process that includes the marketing, sale and distribution of products as well as services. Experience of the franchisor and the goodwill of the brand are the vital attributes of a successful franchisee. The franchisor licenses the trademarks and techniques of doing business and performs the distribution of products or services through his associated dealers. More Space Place is one of the well known organizations that provide quick-service in Space-saving furniture system.
More Space Place was established in 1985 in Clearwater, Florida. They started Franchising since 1993. More Space Place features a full range of space saving furniture such as Murphy Beds, home offices, custom closets, media centers, garages and pantries. The 57,000 square foot facility in Clearwater Florida, manufactures the cabinetry and ships it direct to local stores. Franchisor has 39 employees and 12 employees in franchise department. They have 38 operating units and anticipate having 50 stores at the end of 2007.
More Space Place use technically skilled space designers who utilize a computer design program to help you to bring your new room to life and see your available options. They manufactured different types of products such as Murphy, panel beds garage, pantry. Their fully customizable garage system can also put a lid on clutter in basements, fitness rooms, utility rooms and sheds. The counter balanced mechanism operates effortlessly and is entirely enclosed in an attractive aluminum case.
More Space Place is twice ranked as one of America's top 100 Franchises. They offer an outstanding business ownership opportunity for the right individuals. The low range total is the sum of each the lowest expenditure amounts, the high range total is the sum of each of the highest expenditure amounts. Even though some items above offer for a period of time after the Grand Opening, this is an estimate of the capital needed to open a store.
More Space Place good service some cost or fee structure available like as total investment is 128000 to194000 dollars, franchise fee is 18000 to 29000 dollars, ongoing royalty fee is 4.5 percent, term of agreement is of 10 years, renewal fee 15 percentage of initial franchise fee. For their excellent service they achieved good position. More Space Place ranked in Franchise 500 rank 414 in 2006.
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