Renovation Professionals vs More Space Place Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Renovation Professionals vs More Space Place including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Renovation Professionals Franchise
More Space Place Franchise
Investment $28,500 - $50,980$102,800 - $185,100
Franchise Fee $24,500$29,500
Royalty Fee 4%5%
Advertising Fee --
Year Founded 1997-
Year Franchised 2002-
Term Of Agreement 5 years10 years
Term Of Agreement 5 years10 years
Renewal Fee -Lesser of initial, current fee


Business Experience Requirements

 
Renovation Professionals Franchise
More Space Place Franchise
Experience --

Financing Options

 
Renovation Professionals Franchise
More Space Place Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees Yes/No-/-
Start-up Costs No/No-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support

 
Renovation Professionals Franchise
More Space Place Franchise
Training Online training-
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives-
Marketing Ad slicks, Regional advertising-
Operations Franchise can be run from home.

0% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 1

Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

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Expansion Plans

 
Renovation Professionals Franchise
More Space Place Franchise
US Expansion YesYes
Canada Expansion NoNo
International Expansion NoYes

Company Overviews

About Renovation Professionals

Founded by Erich and April Weber in 1997, Renovation Professionals� is an innovative residential, commercial, and facilities management services company with a successful business record and a very ambitious goal � to create the most desirable product at competitive prices while delivering a standard of communication and excellence not seen in the remodeling and services industries. The Webers developed a highly professional, multi-step business system that focuses on superior client service, controlled tracking of daily business operations, and overall enhanced communications between client and service technician and construction personel.

About More Space Place

No longer franchising - Acquired by Closet & Storage Concepts