Construction & Restoration
Commercial Location
🎖️ VetFran Discount Available

Closet & Storage Concepts/More Space Place Franchise — Veteran Cost & Requirements (2026)

Transform homes and businesses with Closet & Storage Concepts' custom storage solutions that maximize every inch of space. From stunning walk-in closets to efficient garage systems, you're building organization and peace of mind into people's daily lives.

Investment at a Glance

Total Investment$392,500+
Franchise Fee$58,500
Liquid Capital$100,000
Royalty6.75% of Gross Sales
🎖️ Veteran Discount25%

Military Fit Score

8.8/10
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What Is Closet & Storage Concepts/More Space Place?

We offer 25% off of the intital franchise fee for all qualified veterans.

Running a Closet & Storage Concepts franchise means leading a team that designs, builds, and installs custom organization systems. Your showroom displays the possibilities, but most of your business comes from in-home consultations where designers help clients reimagine their spaces. You'll manage a mix of designers, installers, and showroom staff. Mornings typically start with team huddles to coordinate installations and consultations. Revenue flows from project-based work — each job is custom, from simple reach-in closets to complete home organization systems. The business runs on referrals and repeat customers who come back to organize another part of their home.

Quick Facts

Founded

1985

Franchising Since

1985

Total Locations

47+

Headquarters

California

Location Type

Commercial Location

Semi-Absentee

No

SBA Approved

Yes

Closet & Storage Concepts/More Space Place Franchise Cost Breakdown (2026)

The total investment to open a Closet & Storage Concepts/More Space Place franchise starts at $392,500. Here's what that covers and what you'll need to qualify.

Franchise Fee$58,500
Minimum Liquid Capital$100,000
Royalty6.75% of Gross Sales
Ad Fund / MarketingMinimum of 15% of Gross Receipts

Investment Breakdown

ItemLowHigh
Initial Franchise Fee$58,500$58,500
Site Location$28,000$64,000
Property Improvements$10,000$40,000
Equipment, Fixtures and Furniture$180,000$300,000
Vehicles (Deposit on lease)$10,000$15,000
Signage and Uniforms$2,000$6,000
Product and Supply Inventories$14,000$25,000
Grand Opening Marketing Program$30,000$55,000
Additional Funds - 3 months$60,000$100,000

The initial investment for a Closet & Storage Concepts franchise starts with a franchise fee of $58,500, which includes a 25% discount for qualified veterans. Additional capital is required for your showroom build-out, vehicles, and initial inventory, bringing total startup costs to approximately $392,500. The full investment range runs from $392,500 to $663,500, which includes three months of operating capital. Ongoing, franchisees pay a 6.75% royalty on gross receipts (or $975 per week, whichever is greater) and a minimum 15% marketing contribution. Closet & Storage Concepts is SBA-approved, which can facilitate financing options. We will outline your specific costs and financing options in detail during your consultation.

Beyond your initial investment, you'll pay a 6.75% of Gross Sales royalty on gross sales plus a Minimum of 15% of Gross Receipts marketing contribution. The true monthly cost of ownership includes additional fees most buyers don't account for until they're already in.

→ We break down your realistic monthly overhead during your consultation.

What Do Closet & Storage Concepts/More Space Place Franchise Owners Make?

Closet & Storage Concepts/More Space Place includes an Item 19 Financial Performance Representation in their Franchise Disclosure Document — which means they voluntarily share revenue and earnings data from their franchise system.

Closet & Storage Concepts/More Space Place provides an Item 19 Financial Performance Representation in their Franchise Disclosure Document, indicating their commitment to transparency regarding revenue and earnings data from their franchise system. This level of openness is not common among all franchises, showcasing Closet & Storage Concepts' confidence in franchisee performance. However, it's essential to understand how these numbers apply to your specific market, investment level, and operating model.

Not every franchise provides this level of transparency. The fact that Closet & Storage Concepts/More Space Place does tells you something about their confidence in franchisee performance.

But raw numbers don't tell the full story. What matters is how those numbers apply to your market, your investment level, and your operating model.

Want the Full Financial Picture?

We've analyzed Closet & Storage Concepts/More Space Place's FDD and can walk you through what the numbers actually mean for someone with your background and budget.

See If This Franchise Fits Your Goals

Free 30-min consultation. We earn nothing unless you find the right fit.

Why Veterans Succeed with Closet & Storage Concepts/More Space Place

The Closet & Storage Concepts franchise is logistics and people-management intensive, rewarding attention to detail and systematic thinking. Each project requires coordinating materials, installers, and timelines while upholding the high standards clients expect when investing in their homes. The real satisfaction comes from solving problems and improving lives. A well-designed closet or garage system not only organizes belongings but also reduces daily stress and restores control over personal space. This mission of enhancing lives resonates deeply with individuals who have served in the military.

Military Fit Analysis

Military Fit Score

8.8/10

Best Suited For

Construction & Engineering

Success in the Closet & Storage Concepts business heavily relies on project management experience and the ability to coordinate multiple moving parts. If you've managed teams, tracked inventory, or coordinated complex operations, you'll find many parallels in this franchise. While technical backgrounds are beneficial, the key is your ability to build and lead a skilled team while maintaining high standards across every project.

🎖️ Veteran & Military Discount

Closet & Storage Concepts/More Space Place participates in the VetFran program and offers a 25% discount on the franchise fee for qualified veterans, active duty, and military spouses.

We offer 25% off of the intital franchise fee for all qualified veterans.

This discount applies to the initial franchise fee. Combined with SBA veteran loan programs and VA small business resources, your actual out-of-pocket investment could be significantly lower than the listed range.

→ We calculate your true cost — including available discounts, financing options, and veteran-specific programs — during your consultation.

Is Closet & Storage Concepts/More Space Place the Right Franchise for Your Background?

Every veteran's transition is different. Your MOS, leadership experience, and financial goals all factor into which franchise makes sense. We've helped veterans across every branch find franchise businesses that match their strengths — not just their budget.

Find Your Franchise Fit

Talk to a veteran franchise consultant who's been where you are.

Closet & Storage Concepts/More Space Place Training & Support

Closet & Storage Concepts offers comprehensive training and ongoing support to franchisees. New franchise owners will receive hands-on training in design, installation, and customer service, ensuring they are well-equipped to succeed in their local markets. Additionally, ongoing support includes marketing assistance, operational guidance, and access to a network of fellow franchisees.

Frequently Asked Questions About Closet & Storage Concepts/More Space Place

How much does a Closet & Storage Concepts/More Space Place franchise cost?

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The total investment for a Closet & Storage Concepts/More Space Place franchise starts at $392,500. The initial franchise fee is $58,500, and you'll need minimum liquid capital of $100,000. Ongoing costs include a 6.75% of Gross Sales royalty and Minimum of 15% of Gross Receipts marketing contribution.

Does Closet & Storage Concepts/More Space Place offer a veteran or military discount?

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Yes. Closet & Storage Concepts/More Space Place offers a 25% discount for qualified veterans through the VetFran program. This applies to the initial franchise fee and is available to veterans, active duty service members, and military spouses.

Is Closet & Storage Concepts/More Space Place a home-based franchise?

+
No. Closet & Storage Concepts/More Space Place requires a physical location. Your investment includes build-out costs for a Commercial Location space.

Can you run a Closet & Storage Concepts/More Space Place franchise semi-absentee?

+
No. Closet & Storage Concepts/More Space Place requires full-time, owner-operator involvement in daily operations. This is common in service-based franchises where client relationships drive the business.

What do Closet & Storage Concepts/More Space Place franchise owners make?

+
Closet & Storage Concepts/More Space Place provides an Item 19 Financial Performance Representation in their FDD, which includes revenue and earnings data from their franchise system. For specific figures and what they mean for your market, schedule a free consultation with our team.

Is Closet & Storage Concepts/More Space Place a good franchise for veterans?

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Closet & Storage Concepts/More Space Place scores 8.8/10 on our Military Fit analysis. Success in the Closet & Storage Concepts business heavily relies on project management experience and the ability to coordinate multiple moving parts. If you've managed teams, tracked inventory, or co Plus, veterans receive a discount on the franchise fee. Talk to our veteran franchise consultant to see if it matches your specific background and goals.

What is Closet & Storage Concepts/More Space Place's FDD and where can I read it?

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A Franchise Disclosure Document (FDD) is a legal document that every franchisor must provide to prospective buyers. It contains 23 items covering the franchise's financials, fees, obligations, territory rights, and litigation history. Closet & Storage Concepts/More Space Place's FDD is available upon request during the discovery process. We can help you obtain a copy and walk you through what to look for.

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Your Next Chapter Starts with a Conversation

You've done the research. You've looked at the numbers. Now the question is whether Closet & Storage Concepts/More Space Place — or one of 500+ franchises in our network — is the right fit for where you're headed.

In 30 minutes, we'll cover:

  • Whether this franchise matches your skills & goals
  • What the FDD reveals that most buyers miss
  • Your true cost after veteran discounts & financing
  • 2-3 alternative franchises worth comparing

Free. No obligation. Veteran to veteran.

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