Mimi Home Solutions vs More Space Place Franchise Comparison

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

Start-Up Costs and Fees

 
Mimi Home Solutions Franchise
More Space Place Franchise
Investment N/A$102,800 - $185,100
Franchise Fee N/A$29,500
Royalty Fee -5%
Advertising Fee --
Year Founded 2002-
Year Franchised 2003-
Term Of Agreement -10 years
Term Of Agreement -10 years
Renewal Fee -Lesser of initial, current fee


Business Experience Requirements

 
Mimi Home Solutions Franchise
More Space Place Franchise
Experience --

Financing Options

 
Mimi Home Solutions Franchise
More Space Place Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Mimi Home Solutions Franchise
More Space Place Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Mimi Home Solutions Franchise
More Space Place Franchise
US Expansion -Yes
Canada Expansion -No
International Expansion -Yes

Company Overviews

About Mimi Home Solutions

About More Space Place

No longer franchising - Acquired by Closet & Storage Concepts