16 frequently asked questions answered with data from the 2025 Franchise Disclosure Document.
The total initial investment to open a More Space Place franchise ranges from $150K to $249K (2025 FDD). This includes the franchise fee, equipment, build-out, inventory, and working capital needed before opening.
View full investment analysisThe initial franchise fee for More Space Place is $60K (2025 FDD). This one-time fee is paid to the franchisor when signing the franchise agreement and covers the right to use the brand, systems, and initial training.
View full investment analysisData sourced from the More Space Place 2025 Franchise Disclosure Document (FDD). Always review the most current FDD and consult with a franchise attorney before making investment decisions.
Yes, a More Space Place franchise requires a physical location (2025 FDD). Franchisees will need to lease or purchase commercial real estate, which is a significant component of the total investment.
View full investment analysisMore Space Place charges a royalty fee of 5.0% of gross sales (2025 FDD). This ongoing fee is typically paid weekly or monthly to the franchisor for continued use of the brand and support systems.
View full fees analysisThe total ongoing fee rate for a More Space Place franchise is approximately 5.0% of gross sales (2025 FDD). This includes the royalty fee, a $100/month technology fee, and other recurring charges.
View full fees analysisMore Space Place has been involved in 0 litigation cases over the past 3 years (2025 FDD). There are no class action lawsuits pending.
View full litigation analysisNo, the More Space Place franchisor has no bankruptcy filings in their disclosure history (2025 FDD).
View full litigation analysisMore Space Place offers protected territory rights to its franchisees (2025 FDD). The franchise agreement includes encroachment protection, preventing the franchisor from placing another unit in your territory. Online sales are managed by the franchisor, not individual franchisees.
View full territory analysisMore Space Place currently operates 28 locations (2025 FDD) (27 franchised, 1 company-owned). The system grew by 3.7% over the past year. The 3-year compound annual growth rate is 1.2%.
View full growth analysisThe 1-year franchisee turnover rate for More Space Place is 0.0% (2025 FDD). This includes closures, terminations, non-renewals, and transfers. A lower turnover rate generally indicates higher franchisee satisfaction and system stability.
View full growth analysisAccording to the More Space Place FDD Item 19 financial performance representation (2025 FDD), the median gross sales per unit is $1.3M (average: $1.1M).
View full financials analysisThe initial franchise agreement term for More Space Place is 10 years (2025 FDD). Franchisees can renew 1 time for 10-year periods. The total potential term is 20 years.
View full contract analysisMore Space Place's post-termination non-compete clause restricts former franchisees from operating a competing business for 2 years within 20 miles of the former location (2025 FDD).
View full legal analysisNo, More Space Place's franchise agreement does not require mandatory arbitration (2025 FDD). Disputes may be resolved through litigation. The agreement includes a jury trial waiver.
View full legal analysisMore Space Place provides 99 hours of initial training (2025 FDD). The cost of training is covered by the franchisor (travel and lodging are typically the franchisee's responsibility). Ongoing field support is provided on a as-needed basis.
View full support analysisYes, More Space Place provides site selection assistance to help franchisees find the right location (2025 FDD). The franchisor also provides technology support and systems.
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