Question 1

How many More Space Place franchise locations are there?

Accepted Answer

More Space Place currently has 28 total units, including 27 franchised locations and 1 company-owned locations.

Question 2

Is the More Space Place franchise system growing or shrinking?

Accepted Answer

More Space Place has experienced positive net growth of +3.7% over the past year, with a 3-year compound annual growth rate (CAGR) of +1.2%.

Question 3

What is the franchise vs. company-owned ratio for More Space Place?

Accepted Answer

More Space Place has a franchise ratio of 96%, meaning 96% of all units are franchisee-owned. This is a heavily franchised system.

Question 4

How many More Space Place franchise units have opened and closed recently?

Accepted Answer

In the most recent reporting year (2024), More Space Place had 1 units opened and 0 units closed.