Question 1

How much does it cost to open a More Space Place franchise?

Accepted Answer

The total initial investment for a More Space Place franchise ranges from $150K to $249K, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the More Space Place franchise fee?

Accepted Answer

The initial franchise fee for More Space Place is $60K.

Question 3

What are the net worth requirements for a More Space Place franchise?

Accepted Answer

Net worth requirements for More Space Place are specified in the Franchise Disclosure Document.

Question 4

Does More Space Place require a personal guarantee?

Accepted Answer

Yes, More Space Place requires a personal guarantee from franchisees. A spousal guarantee is also required.

Question 5

What equipment and inventory costs are involved with a More Space Place franchise?

Accepted Answer

Equipment costs for a More Space Place franchise range from $1K to $7K. Initial inventory costs range from $0 to $5K.