6 locations
The total investment to open a More Space Place franchise ranges from $262,614 - $619,066. The initial franchise fee is $30,000. Ongoing royalties are 6% plus a 1% advertising fee. More Space Place currently operates 6 locations (6 franchised). PeerSense FPI health score: 26/100. Data sourced from the 2025 Franchise Disclosure Document.
$262,614 - $619,066
$30,000
6
6 franchised
Proprietary PeerSense metric
LimitedActive capital sources verified for More Space Place financing
SBA
7(a) Eligible
21d
Avg Funding
P+2.25%
Best Rate
No retainers · Referral fee at closing
Emerging (3-9 loans)
SBA Default Rate
25.0%
2 of 8 loans charged off
SBA Loans
8
Total Volume
$6.9M
Active Lenders
6
States
3
The More Space Place franchise operates within the specialized and expanding sector of Other Building Finishing Contractors, a market segment dedicated to enhancing the functionality and aesthetic appeal of residential and commercial spaces through custom installations. Founded with its headquarters in Bradenton, Florida, the More Space Place franchise has established a presence in a region known for its active real estate market and a consistent demand for home improvement and customization services. As of the latest available data, the More Space Place franchise maintains a footprint of 3 total units, indicating a focused, perhaps nascent, stage in its franchising journey or a strategic emphasis on controlled market penetration. This limited number of units suggests that the brand may be cultivating a robust operational foundation and refining its franchise model before pursuing broader expansion. The FPI Score of 26 for the More Space Place franchise, when considered in the context of typical franchise evaluation metrics, often points to a system that is still in its early development phases, possibly in the process of building out comprehensive franchisee support, market recognition, or extensive financial disclosure. The core offerings of the More Space Place franchise likely revolve around bespoke solutions such as custom closets, sophisticated wall beds, highly organized home office systems, and efficient garage storage configurations. These services directly address a growing consumer need for optimized living and working environments, a trend significantly accelerated by the increased prevalence of remote work and a universal desire for decluttered, functional spaces. The very nature of the "Other Building Finishing Contractors" category necessitates a high degree of personalization and design expertise, setting the More Space Place franchise apart from more generalized home service providers. Its Bradenton, Florida headquarters serves as a central point for
FPI Score
26/100
SBA Default Rate
25.0%
Active Lenders
6
Key performance metrics for More Space Place based on SBA lending data
SBA Default Rate
25.0%
2 of 8 loans charged off
SBA Loan Volume
8 loans
Across 6 lenders
Lender Diversity
6 lenders
Avg 1.3 loans per lender
Investment Tier
Significant investment
$262,614 – $619,066 total
Estimated Monthly Payment
$2,719
Principal & Interest only
More Space Place — unit breakdown
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