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  Home  >>  Decorating & Home Design  >>  Furniture Stores/Home Furnishings
More Space Place

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More Space Place

As the nation�s largest wall-bed retailer, More Space Place makes room for the way customers live, with a variety of smart, yet stylish room solutions that can be customized for a space of any size. Retractable beds offered include panel beds, side beds and the versatile Murphy bed, which can be folded into a closet. These beds can be used in a number of space-saving layouts, such as a room that becomes a home office by day and a guest bedroom by night. And bedrooms are not the only space that can be transformed, creating more demand for More Space Place services; entertainment systems, closets, pantries, garages, art studios and computer rooms can all be customized to fit customers� needs.

Design consultants incorporate all the ideas, preferences and needs of the customer into the final design. Custom modular systems are carefully crafted to meet More Space Place�s high standards and specifications, using only quality materials and the services of professionals to manage construction and installation.

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Investment Required
The fee for a More Space Place franchise is $33,500.

More Space Place provides the following range of investments required to open your initial franchise. The range assumes that all items are paid for in cash. To the extent that you choose to finance any of these expense items, your front-end investment could be substantially reduced.

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On-Going Expenses
More Space Place franchisees pay a royalty fee equal to the greater of 4.5% of gross revenue or $500 per month, a national advertising contribution fee equal to the greater of 2.5% of gross revenue or $500 per month, a regional advertising contribution fee equal to the greater of 2.5% of gross revenue or $500 per month, and a local advertising fee equal to the greater of 7% of gross revenue or $2,500 per month.

What You Get�Training and Support
Franchisees receive a comprehensive start-up package that includes financing options, site-selection support, showroom design and specifications, product selection, lifetime owner and personnel training and a product line with thousands of variations.

Additional support is provided for furniture selection, start-up, accounting setup, product knowledge, sales training, advertising and marketing. Franchisees also benefit from a powerful CAD system, a product ordering and inventory system, minimal standing inventory, a single-source supplier, new product development and acquisition, group purchasing power and manufacturer product guarantees.

Territory
More Space Place grants exclusive territories with a minimum estimated population of 150,000 and development territories to those franchises qualified to open multiple units.