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Updated RecentlyStor-X Organizing Systems vs More Space Place Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Stor-X Organizing Systems vs More Space Place including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $50,000 - $100,000 | $102,800 - $185,100 |
| Franchise Fee | N/A | $29,500 |
| Royalty Fee | - | 5% |
| Advertising Fee | - | - |
| Year Founded | 1987 | - |
| Year Franchised | 1987 | - |
| Term Of Agreement | - | 10 years |
| Term Of Agreement | - | 10 years |
| Renewal Fee | - | Lesser of initial, current fee |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | No |
| International Expansion | - | Yes |
Company Overviews
About Stor-X Organizing Systems
In 1989, when managing Pacific Closet Works Ltd in BC’s Lower Mainland, STOR-X Organizing Systems owner Wolf Nickel knew there was a better way to deliver custom, craftsman results without spending days in a customer’s home.
First he pioneered the STOR-X Lean Manufacturing System. Then he revolutionized it. Wolf recognized early on that in order to be a responsive, quality-driven, service-oriented company, he’d need to provide strong business and operational support for a dealer network - a group that would benefit from shared advertising and marketing initiatives.
Today there are more than 17 franchisees in Western Canada, supported by a dynamic, progressive franchisee program and over 100 U.S. dealers.
If your strengths are sales and customer service, STOR-X gives a unique opportunity to entrepreneurs. Many businesses have intensive production and installation requirements, but STOR-X Organizing Systems allow you to be successful with juggling demanding production/installation schedules. The vast majority of the work is done in the plant before the custom closet is shipped. This ensures you can sell and deliver up to 3 installations a week with no staff and a healthy bottom line! Franchisee benefits: *Turn Key Business Opportunity that provides all of the tools to build a successful business *Exclusive Territories (based on minimum sales volume) *STOR-X Design *3D Software and training *STOR-X X-Factor Sales Training *STOR-X Rapid Installation training *STOR-X Order Management System with Easy Profit Tracking *Complete Hands on Sales Plan *Complete Website design *Online lead generation *Centralized Call Center Bookings for Web Leads *NO INVENTORY - Just in time ordering "Because of the LEAN process, STOR-X franchisees can spend over 50% of their time growing the business. This is the single differentiating factor between business opportunities that are easy to grow and ones that are challenging and cost intensive. With or without major overhead and staffing, a franchisee can grow their business.
About More Space Place
No longer franchising - Acquired by Closet & Storage Concepts