More Space Place and Closet & Storage Concepts

Franchise Information

Analyzed filing: CA · File #11550

Filed: Apr 18, 2018

FDD Issued: Apr 1, 2018

Extracted: May 5, 2026

Analyzed

Franchisor Details

Name: Closets Unlimited of New Jersey, Inc.

Address: 436 Commerce Lane, Suite D, West Berlin, NJ 08091

Phone: (856)627-5700

Website: www.closetandstorageconcepts.com

Franchising Since: 1989

Industry & Qualifications

Industry

Retail

Veteran Discount

25.0%

Franchise Fee

$19,500 - $38,500

Royalty

5.0%

Total Investment

$72K - $494K

Outlet Information

Total Outlets

Franchised

Opened (Last Year)

Closed (Last Year)

-0

Churn Breakdown (Last Year)

Terminations

Non-Renewals

Ceased Ops

Transfers

Reacquired

Item 19 (Financial Performance)

Disclosed

Data from 2016 More Space Place results. AUV is average gross revenue ($1,311,61...

Financial Performance (Item 19)

Avg Unit Volume

$1,311,615

Highest

$2,373,506

Lowest

$659,614

% Achieving Avg

42.9%

Sample Size

7 units

Unit Economics

EBITDA

12.5%

Gross Margin

64.9%

COGS

35.1%

Legal History

Litigation: None

Bankruptcy: None

Number	File name	Source State	Filing Date	Actions
11550	CA_11550.pdf Canonical 2018 analysis · newest filing	CA	Apr 18, 2018	Restricted
5523	CA_5523.pdf Canonical 2016 analysis	CA	Apr 5, 2016	Restricted

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