More Space Place

Franchise Information

Analyzed filing: MN · File #2094765258
Filed: May 5, 2026
FDD Issued: Apr 13, 2026
Extracted: Aug 23, 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
Franchising Since: 2013
Industry & Qualifications
Industry
Home Services
Veteran Discount
25.0%
Franchise Fee
$59,500 - $194,500
Royalty
5.0%
Total Investment
$164K - $253K
Initial Term
10 years
Renewable
Outlet Information
Total Outlets (2025)
27
Franchised
26
Company-Owned
1
Opened (Last Year)
+1
Closed (Last Year)
-1
Churn Breakdown (Last Year)
Terminations
0
Non-Renewals
1
Ceased Ops
0
Transfers
1
Reacquired
0
Item 19 (Financial Performance)
Disclosed
Data from 11 of 16 representative franchised More Space Place locations that res...
Financial Performance (Item 19)
Avg Unit Volume (through Dec 2025)
$1,379,192
Median
$1,414,933
Highest
$1,610,235
Lowest
$937,186
% Achieving Avg
63.6%
Sample Size
11 units
Unit Economics
Labor Cost
29.7%
COGS
37.3%
Legal History
Litigation: None
Bankruptcy: None
Number File name Source State Filing Date Actions
2094765258 MN_35990-202604-07_closets-unlimited-of-new-jersey,-inc..pdf
Canonical 2026 analysis · newest filing
MN May 5, 2026 Restricted
1932904396 MN_35990-202604-08_closets-unlimited-of-new-jersey,-inc..pdf
Alternate source copy
MN May 5, 2026 Restricted
1294086820 MN_35990-202604-09_closets-unlimited-of-new-jersey,-inc..pdf
Alternate source copy
MN May 5, 2026 Restricted
418795480 MN_33570-202504-07_closets-unlimited-of-new-jersey,-inc..pdf
Alternate source copy
MN May 6, 2025 Restricted
1149481572 MN_33570-202504-06_closets-unlimited-of-new-jersey,-inc..pdf
Canonical 2025 analysis · verified
MN May 6, 2025 Restricted
250873 481841_Franchise__Closets_Unlimited_of_New_Jers_New York_250873.pdf
Alternate source copy
NY Apr 17, 2025
FDD issue date
Restricted
638527 638527_closets-unlimitied-of-nj-inc.pdf
Alternate source copy
WI Apr 17, 2025
FDD issue date
Restricted
160195 481841_Franchise__Closets_Unlimited_of_New_Jers_New York_160195.pdf
Canonical 2024 analysis
NY Apr 17, 2024
FDD issue date
Restricted
66400 481841_Franchise__Closets_Unlimited_of_New_Jers_New York_66400.pdf
Canonical 2023 analysis · needs review
NY Apr 19, 2023
FDD issue date
Restricted
9272 CA_9272.pdf
Canonical 2017 analysis
CA Jun 30, 2017 Restricted
Showing 1–10 of 10 files.
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