3 Day Closets vs More Space Place Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of 3 Day Closets vs More Space Place including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
3 Day Closets Franchise
More Space Place Franchise
Investment $124,000 - $194,000$102,800 - $185,100
Franchise Fee N/A$29,500
Royalty Fee -5%
Advertising Fee --
Year Founded 2001-
Year Franchised 2008-
Term Of Agreement -10 years
Term Of Agreement -10 years
Renewal Fee -Lesser of initial, current fee


Business Experience Requirements

 
3 Day Closets Franchise
More Space Place Franchise
Experience --

Financing Options

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

Training & Support

 
3 Day Closets Franchise
More Space Place Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
3 Day Closets Franchise
More Space Place Franchise
US Expansion -Yes
Canada Expansion -No
International Expansion -Yes

Company Overviews

About 3 Day Closets

Sales of Home Organized products in the United States for 2008 will be over $7 Billion and will rise to $8.6 Billion by 2011.* Be part of this tremendous growth industry! 3 Day Closets started in 2001 and has quickly set itself apart from the typical closet companies. To be competitive in this industry, we have positioned ourselves to be unique in the following ways: * Sale on value, not on price (show the customer more value) * Use the laptop as a design tool (more professional look to drawings) * Unique look (drawer unit with hutch, rounded corners on drawer face and doors) * Quick turnaround (installed shortly after ordering) * Lower overhead (quicker to profits) A 3 Day Closet franchise requires a minimum investment of $127,400 to $194,000. The best franchise owner will be hardworking, self-motivated with solid business experience and proven sales skills. You should enjoy working with customers and have a talent for delivering more than is expected. This is your opportunity. Please contact us and we will be glad to send more information.

About More Space Place

No longer franchising - Acquired by Closet & Storage Concepts