More Space Place
More Space Place
5040 140th Ave. N.
Clearwater, FL 33760-3735
800#: (888) 731-3051 + 14
Tel: (727) 539-1611
Fax: (727) 524-6382
E-Mail: [email protected]
Web Site: www.morespaceplace.com
Contact: Mr. Marty Juarez, Vice President Franchising
One of America's Top 100 Franchise Opportunities! (as listed in Bond's Top 100 Franchises, 2004 and 2005). We create beautiful living spaces for our customers. Picture an elegant home office that converts into an extra bedroom. With our professionally installed Murphy bed and custom-designed office, it can happen. With us, you can fashionably design closets, entertainment centers, utility rooms and garages and turn spare bedrooms into multi-purpose rooms.
Franchisor Background
Established: 1989
First Franchise: 1993
Franchise Units: 35
Company-Owned Units: 3
Total Units: 38
Distribution:
U.S. -- 38;
Canada -- 0;
International -- 0
-North America -- Operations in 12 States
-States/Provinces with Greatest Density: 22 in FL, 3 in TX, 3 in SC
Projected New Units Over Next 12 months: 12
Franchisee Qualifications: 4, 4, 1, 3, 2, 5
(Click here for an explanation)
Registered in Following Registration States: CA,FL,IL,MD,MI,MN,NY,RI,VA,WI (Click here for an explanation)
Average Number of Employees: 3 FT, 1 PT (FT = Full Time, PT = Part Time)
Space Needs: 1,400-2,000 SF; FS, SF, SC
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $40-60K
Total Investment: $128.5-194K
Average Total Investment: $160.0K
Minimum Net Worth: $150K
Fees:
-Franchise: $18-29.5K
-Average Franchise Fee: $23.8K
-Royalty: 4.5%
-Average Royalty: 4.5%
-Advertising: 2.5%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10/10
Passive Ownership: Discouraged
Area Development Agreements: Yes/10
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: Yes
Cooperative Advertising: No
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 55
On-Going Support: B,C,D,E,F,G,H,I (Click here for an explanation)
Training: 12 Days Headquarters Clearwater, FL; 6 Days On-Site.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: No
Overseas: No
Note: NR = No Response by Franchisor.
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