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Below is an in-depth analysis and side-by-side comparison of City Wide Facility Solutions 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 | $233,150 - $404,100 | $102,800 - $185,100 |
Franchise Fee | $70,000 | $29,500 |
Royalty Fee | 5% | 5% |
Advertising Fee | 1% | - |
Year Founded | 1961 | - |
Year Franchised | 2001 | - |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | 10% of franchise fee | Lesser of initial, current fee |
Business Experience Requirements |
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Experience | Professional Qualifications: * 35 - 55 years old with no less than 10 years of business experience * At least 5- 10 years of B2B sales and 5 years of sales management experience * Experience building and managing sales teams * Leadership/Management of a professional team Behavioral Qualifications: Culture Index: Trailblazer, Persuader, Architect (A "DI" DISC profile or an "Achiever" Proven Match Profile) * Outgoing, expressive individuals with backgrounds like business development, sales, sales management, marketing, training, and recruiting. * Proactive, results-oriented multitaskers who have a strong sense of urgency. * Persuasive, problem solvers who understand and enjoy helping people achieve their goals. | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/Yes | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | Full training from our support center team consists of 4 weeks of hands on coaching. 2 in Kansas City at our Corporate office and 2 in the field at the franchisees site. From there the franchisee will receive multiple support visits, engage in regular, one-on-one coaching calls, monthly sales and operations calls and much more. On-The-Job Training: 50 hours Classroom Training: 80 hours Additional Training: Annual training meeting; on-site visits; online training as needed | - |
Support | Franchise Advisory Council Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | - |
Marketing | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | - |
Operations |
0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 to start, add employees as business grows Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | No |
International Expansion | No | Yes |
No longer franchising - Acquired by Closet & Storage Concepts