Become a More Space Place Franchise Owner
Discover how to start your own More Space Place Franchise:
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$100k
Liquid Capital Requirement
$59k
Initial Franchise Fee
$150k-$249k
Estimated Investment Range
This information is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise. It is for information purposes only. An offer is made only by a Franchise Disclosure Document (FDD) in those jurisdictions that require it. Currently, the following states regulate the offer and sale of franchises: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin. If you are a resident of or want to locate a franchise in one of these states, we will not offer you a franchise unless and until we have complied with applicable pre-sale registration and disclosure requirements in your jurisdiction. The information contained in this website is not inconsistent with our FDD. This advertisement is not an offering. An offering can only be made by a prospectus filed first with the appropriate state regulatory agencies. Such filing does not constitute approval by those states.
Corporate headquarters address
436 Commerce Ln., #D
West Berlin, NJ 08091
Why More Space Place…
Choosing the right franchisor is incredibly important, but if you’re thinking about starting a Murphy Bed and closet organizing business, More Space Place is by far your best bet. Take a second to explore why our franchisees decided to partner with us:
More Space Place offers franchisees over three decades of experience as a Murphy Bed and closet organizing business providing customers with custom designs, products, and solutions to their unique needs.
A great franchisor knows how to listen, and at More Space Place, we play an active role in your business’s success. We also hold strong values in customer satisfaction and are looking for franchisees who will take the time to listen and perfect every little detail.
We have spent years establishing relationships with vendors, designers, and builders, which we will help you with along the way. We have also built a strong reputation in residential home improvements, and once you sign with us, you will see the benefits of that existing awareness.
With our attention to detail and warranty, clients are guaranteed quality workmanship and top-of-the-line materials.
Partner with an industry leaders…
The U.S home improvement market is a billion-dollar industry and is continuing to rise due to constant demand. Residential remodeling is on track for continued growth, with skyrocketing returns forecasted from 2025 onwards. Starting a new business in this industry can be complicated. There are so many smaller home renovation businesses, so it’s hard to establish credibility quickly.
Partnering with our Murphy Bed and closet storage franchise is the perfect way to bypass years of building brand awareness. More Space Place has 29 locations nationwide as America’s #1 Murphy Bed Retailer, and we are continuously looking for ways to grow. We have perfected our systems and developed a concept that is unlike any other brand. Here are some of the projects More Space Place can handle:
- Murphy Beds
- Pantries
- Kids Furniture
- Closets
- Laundry Rooms
- Home Entertainment Centers
- Home Offices
- Garages
Why Franchise?
Like we’ve mentioned, building a business by yourself can take years of hard work and frustrating mistakes before you nail it. There are so many unpredictable circumstances that you have to be ready for as a business owner, but those situations are much easier to deal with when you have a trusted partner by your side. Opening a More Space Place is perfect for someone who wants to take advantage of an opportunity without the confusion of going it alone. With a More Space Place Murphy Bed and closet storage franchise investment, you’ll benefit from:
LOW-COST START-UP
New independent business owners can forecast their spend annually, but there is no way to know how much you will invest in your business. With More Space Place, we lay out our entire investment for you from the very start. Your initial investment will range anywhere between $150,000-$249,100, which entirely depends on your situation.
HEALTHY OPERATIONS SYSTEM
As a business owner, you’ll have a lot of responsibilities to balance, and making sure the system of your operations run smoothly can take some time if you start up on your own. On the other hand, when you start a More Space Place franchise, you’ll notice that we take care of all of that for you.
GROWTH OPPORTUNITIES
Are you interested in opening multiple Murphy Bed and closet storage franchise locations one day? More Space Place also provides franchisees with opportunities to grow their business and find ways to open up multiple revenue streams. We want to help you reach your full potential as a business owner, which is why we will even help you with market identification and analysis as you look to expand.
ONGOING CORPORATE SUPPORT
From the very start of your journey with More Space Place, you will notice the
levels of effort we take to help you succeed. Our support program is complete,
and our robust training program will be the jumpstart you need to enter the
market well ahead of your competition. Here are just a few of the different
areas that More Space Place will help you throughout your journey.
- Showroom Site Location Assistance
- Shop/Showroom Set-Up Plans
- Lead Generation Strategies
- In-field Technical Training/Support
Business Administration - Training/Support
- Marketing Training/Support
- Advertising Materials
- Company Website and Internet Marketing Provided
- National Toll-Free Call Routing Systems
- Customized Signage and Promotional Items
- Training Classes and Workshops
Steps to Starting a Murphy Bed and Closet Organizing Business
So, you’ve done all of the necessary research, and now you want to take the first step toward becoming a More Space Place franchise owner. You can expect a relatively standard and speedy onboarding process as we gear you up for your new business in the early stages. From your first inquiry to your grand opening, we promise to be fully transparent with you about what’s to come. We look forward to meeting you as you begin the steps on your journey to starting a Murphy Bed and closet organizing business.
COMPLETE REGISTRATION ONLINE
1.
SPEAK TO A MEMBER OF OUR TEAM
2.
MEET THE TEAM
4.
COMPLETE APPLICATION FORMS
3.
SIGN AGREEMENT, LET’S GET STARTED
5.
Do I Qualify?
FRANCHISE FEE
The franchise fee is a cost associated with your initial investment, which, for our concept, comes out to $59,500. Upon payment of this fee, you will be granted the rights to use our brand name, operations systems, and so much more. The franchise fee includes everything that makes business ownership with More Space Place so much easier.
ROYALTY
Royalty payments to More Space Place of 5% of gross revenues are paid weekly based on your reported sales, which helps us better our overall franchise program and evolve our business for the future. With your help, we can innovate together.
INITIAL INVESTMENT RANGE
Your initial investment ranges from $150,050 - $249,100, which helps cover costs associated with training and ongoing support in addition to your supplies to start up. Learn more about our costs to invest and what you get on our investment page!
IDEAL FRANCHISE CANDIDATE
To us, the type of working professional you are matters just as much as your financial capabilities. More Space Place franchisees should have a “can-do” attitude with an ability to build relationships and work as a team. The goal is to grow together, which is why we are looking for enthusiastic individuals who understand the value of our partnership.
More Space Place is an active member of VetFran, allowing qualified veterans to open a franchise with a 25% discount off their $59,500 franchise fee!
Invest in Your Success
Understanding Our Murphy Bed and Closet Storage Franchise Costs
$59,500
Initial Franchise Fee
$150,050-$249,100
Initial Investment Range
$50,000
Liquidity Requirement
5%
Weekly Royalty Fee
At More Space Place, we want to keep your Murphy Bed, closet design and garage storage franchise costs as low as possible while also providing you with an incredible opportunity to build a business in the accelerating home improvement industry. With over 30 years of experience training and developing franchise locations, we exactly know what you’ll need to get started.
Our Franchise Disclosure Document (FDD) will give you a better idea of all your ongoing Murphy Bed and closet franchise costs and what you specifically get back for each payment. Payment of our franchise fee will help offset some of your initial closet storage franchise costs associated with our onboarding process including, extensive training and ongoing development support.
