More Space Place vs GarageExperts Franchise Comparison

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

Start-Up Costs and Fees
	More Space Place Franchise	GarageExperts Franchise
Investment	$102,800 - $185,100	$51,414 - $143,992
Franchise Fee	$29,500	$15,000
Royalty Fee	5%	$500-$1.8K/mo.
Advertising Fee	-	$500/mo.
Year Founded	-	2008
Year Franchised	-	2008
Term Of Agreement	10 years	-
Term Of Agreement	10 years	-
Renewal Fee	Lesser of initial, current fee	-
Business Experience Requirements
	More Space Place Franchise	GarageExperts Franchise
Experience	-	-
Financing Options
	More Space Place Franchise	GarageExperts Franchise
	In-House/3rd Party	In-House/3rd Party
Franchise Fees	-/-	-/Yes
Start-up Costs	-/-	-/Yes
Equipment	-/-	-/Yes
Inventory	-/-	-/-
Receivables	-/-	-/-
Payroll	-/-	-/-
Training & Support
	More Space Place Franchise	GarageExperts Franchise
Training	-	Classroom Training: 26.75 hours
Support	-	Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform
Marketing	-	Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations	-	Number of Employees Required to Run: 2 - 8
Expansion Plans
	More Space Place Franchise	GarageExperts Franchise
US Expansion	Yes	Yes
Canada Expansion	No	-
International Expansion	Yes	Yes

Company Overviews

About More Space Place

No longer franchising - Acquired by Closet & Storage Concepts

About GarageExperts

Garage Experts™ is positioned to provide the services needed by homeowners who are updating or enhancing their garages every day. A Racor Home Storage Products 2013 study indicates that of the approximately 67-million garage owners, 63 percent have a two-car garage. Several factors account for the fast-paced growth in garage storage products, including homeowner requests for “man caves,” complete garage makeovers, and storage space for tools and hobby equipment.

Veteran Incentives  10% off franchise fee

#367 in Franchise 500 for 2021.