Dry-B-Lo vs More Space Place Franchise Comparison

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

Start-Up Costs and Fees

 
Dry-B-Lo Franchise
More Space Place Franchise
Investment $65,700 - $147,500$102,800 - $185,100
Franchise Fee $15,000 - $25,000$29,500
Royalty Fee 7.5%5%
Advertising Fee --
Year Founded 1993-
Year Franchised 1997-
Term Of Agreement 5 years10 years
Term Of Agreement 5 years10 years
Renewal Fee -Lesser of initial, current fee


Business Experience Requirements

 
Dry-B-Lo Franchise
More Space Place Franchise
Experience
  • General business experience
  • -

    Financing Options

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

    Training & Support

     
    Dry-B-Lo Franchise
    More Space Place Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
    Marketing Co-op advertising, Ad slicks, National media, Regional advertising-
    Operations Franchise can be run from home.

    21% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 4 - 5

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    -

    Expansion Plans

     
    Dry-B-Lo Franchise
    More Space Place Franchise
    US Expansion -Yes
    Canada Expansion NoNo
    International Expansion NoYes

    Company Overviews

    About Dry-B-Lo

    Grant Moore's family had spent a lot of time and money building a deck and pouring concrete underneath it, but the area below was useless whenever it rained because water poured in. Moore knew there must be a way to keep the space below the deck dry. After working with an engineering firm for two years, Moore developed a drainage system that would not leak or collect debris. He filed patents and in 1993 founded Dry-B-Lo International Inc. to install his patented system of channels. This system, which is installed below a raised deck, helps convert a wet, unusable space into a dry, outdoor living space.

    About More Space Place

    No longer franchising - Acquired by Closet & Storage Concepts