Franchise Facts Report → brands → Closet and Storage Concepts | More Space Place
Closet and Storage Concepts | More Space Place franchise — is it worth it?
Risk level — in the report
Closet and Storage Concepts | More Space Place is a home services franchise with an investment range of $112,550 to $621,050.
Unlock what the free page above only hints at:
- The actual Item 19 earnings — reported average unit revenue, not just “disclosed.”
- How it compares — every number ranked against home services peers (median & quartile).
- Litigation detail — each case, franchisee vs. corporate, with summaries.
- Outlet churn & the questions to ask — behind the net change above: closures, terminations, transfers, and what to put to the franchisor.
Figures above are as disclosed in Closet and Storage Concepts | More Space Place's most recent FDD (registered 2024). Source: California Dept. of Financial Protection and Innovation — Franchise Registration · filing app-31381. The risk level, the Item 19 figures, how it compares to peers, and the litigation & churn detail are in the full report.
How much does a Closet and Storage Concepts | More Space Place franchise make?
Closet and Storage Concepts | More Space Place is one of the franchisors that answers this on the record: its most recent FDD makes an Item 19 financial performance representation — actual unit earnings figures, disclosed by the franchisor itself. The average revenue Closet and Storage Concepts | More Space Place reports, what that figure does and doesn't include, and where it ranks against home services peers are in the full report. See every home services brand that discloses earnings in the Home services & home improvement franchises with disclosed Item 19 earnings ranking.
Closet and Storage Concepts | More Space Place franchise profit vs. revenue
Revenue is not profit. An Item 19 almost always reports sales — what a location takes in — not what an owner keeps. Out of that number come Closet and Storage Concepts | More Space Place's 5% royalty, the ad fund, rent, payroll, supplies and debt service. No FDD tells you a Closet and Storage Concepts | More Space Place franchise's profit, because profit depends on your site, your rent and how you run it — so treat any "Closet and Storage Concepts | More Space Place franchise profit" figure quoted elsewhere as someone's estimate, not a disclosure. The full report sets Closet and Storage Concepts | More Space Place's disclosed revenue against its total ongoing fee load, so you can see what that revenue has to cover before anything reaches you.
Closet and Storage Concepts | More Space Place lawsuits & legal history (FDD Item 3)
We do not publish a litigation answer for Closet and Storage Concepts | More Space Place. Item 3 could not be read reliably from this particular filing, and a claim that a company has no legal history is not one to make on a failed parse — so we say we do not know instead. Item 3 of the FDD itself is the place to check; the methodology page explains what we do and do not machine-read.
Closet and Storage Concepts | More Space Place closures & failure rate
Before you sign, Closet and Storage Concepts | More Space Place will hand you a list of current owners to call as references — and they choose who's on that list. It won't include the owners who quit, got bought out, or were forced out last year. The FDD does report that number, even though the reference list leaves those people off. Below is what Closet and Storage Concepts | More Space Place's most recent filing shows, and whether it's normal for a home services of this kind.
The closest thing an FDD has to a failure rate is Item 20 — outlet openings, closures, terminations and non-renewals, reported by the franchisor. Closet and Storage Concepts | More Space Place's latest tables show a stable franchised network. The actual closure and termination counts, and how Closet and Storage Concepts | More Space Place's churn ranks against home services peers, are in the full report.
The actual Item 19 earnings, every figure ranked against home services peers, litigation and churn detail — emailed as a PDF.
Who owns Closet and Storage Concepts | More Space Place?
Closet and Storage Concepts | More Space Place's franchise is offered by Closets Unlimited of New Jersey, Inc. — the franchisor named on the cover of its most recently filed Franchise Disclosure Document (2024), and the entity a franchisee actually signs with. That name comes straight off the filing at CA DFPI; it identifies the franchisor, not necessarily the ultimate parent company behind it.
Home services franchises at a similar investment level
Anyone weighing Closet and Storage Concepts | More Space Place is really weighing it against the other brands their money could go into. These are the closest by total initial investment (FDD Item 7), each with its own FDD-based page.
Closet and Storage Concepts | More Space Place franchise — frequently asked
Who owns Closet and Storage Concepts | More Space Place — who is the franchisor?
Closet and Storage Concepts | More Space Place's most recently filed FDD (2024) names Closets Unlimited of New Jersey, Inc. as the franchisor — the entity you would actually sign the franchise agreement with, as stated on the disclosure document itself. A registry filing names the franchisor, not necessarily its ultimate parent company.
How much does a Closet and Storage Concepts | More Space Place franchise cost?
Closet and Storage Concepts | More Space Place's most recently filed FDD (Item 7) puts the total estimated initial investment at $112,550 – $621,050 and a 5% royalty. That price is the franchisor's own estimate of what it takes to open, not a quote. The full report breaks down every fee line and benchmarks it against home services peers.
How much profit does a Closet and Storage Concepts | More Space Place franchise make?
Closet and Storage Concepts | More Space Place discloses unit earnings in Item 19, but that figure is revenue — sales — not profit. Royalties (5% of gross for Closet and Storage Concepts | More Space Place), the ad fund, rent, payroll and supplies all come out of it, and no FDD discloses what an owner nets. Any Closet and Storage Concepts | More Space Place franchise profit number quoted elsewhere is an estimate. The full report shows the disclosed revenue against the full ongoing fee load it has to cover.
Does Closet and Storage Concepts | More Space Place disclose financial performance (Item 19)?
Yes — Closet and Storage Concepts | More Space Place reports unit-level earnings in Item 19. The full report shows the actual revenue figures and how they rank against home services peers.
Are there lawsuits against Closet and Storage Concepts | More Space Place?
We do not publish a litigation answer for Closet and Storage Concepts | More Space Place: Item 3 could not be read reliably from this filing, and we would rather say so than assert a clean record we have not verified. Item 3 of the FDD itself is the place to check.
Is Closet and Storage Concepts | More Space Place a good franchise to buy?
That comes down to how Closet and Storage Concepts | More Space Place's investment, earnings, litigation and franchisee churn stack up against home services peers — which is exactly what the full report answers. For $99 you get the risk level and what's driving it, the actual Item 19 earnings (disclosed in this FDD), where every figure ranks against peers, and the specific questions to ask the franchisor before you sign.
Everything the sections above point to, in one place: Closet and Storage Concepts | More Space Place's risk level and what's driving it, the actual Item 19 earnings, every figure ranked against home services peers, and the litigation & churn detail — with the questions to put to the franchisor before you sign.
Get a free email when something changes on Closet and Storage Concepts | More Space Place or home services: a new FDD registration, a new lawsuit, an outlet count that shifts, or Item 19 earnings going from undisclosed to disclosed. Pulled straight from the same registries every report is built on.