Closet & Storage Concepts
Closets Unlimited of New Jersey, Inc.
Company Information
13272 Garden Grove Blvd, Garden Grove, CA 92843
Closed Unlimited of new jersey, Inc. is a New Jersey corporation, incorporated in January, 1987. They conduct business under the trade names More Space Place and Closet Storage Concepts. They maintain their principal business address at 436 Commerce Lane, Suite D,West Berlin, NJ 08091.
We grant franchises for the operation of More Space Place retail outlets and Closet & Storage Concepts businesses (each a “Franchised Business”). More Space Place businesses operate retail locations under the mark More Space Place® and other marks which we may implement. Some of our early franchisees operated under the trade name Murphy Bed Centers of America® and are transitioning to the More Space Place® marks. If you operate a More Space Place location, you will operate the Franchised Business from a retail location at an agreed site. The More Space Place- business consists of selling and servicing our protluCis and other products that utilize the concepts of vertical storage and space^saying as well as use space systems and multi-functional use Of existing, space to create spacious rooms, for example, in home offices, dens, studies hotels, dormitories, and fire stations. You will purchase your products from a supplier we designate. Closet & Storage, Concepts businesses operate locations under the mark Closet & Storage; Concepts® and other marks which we may implerrtenti If you purchase a Closet & Storage Concepts franchise, you will design, market, construct and install custom storage spaces including; closets and garages in custorner's hornes. These custom storage design systems will be designed and installed to fit certain available styles and to meet particular customer preferences, needs and decors. Depending Upon thei level of your investment you will either manufacture the custom Storage design, systems or purchase the nianufactufed products from other companies or Other Closet & Storage Concepts frachisees. You may operate a retail showroom in connection with the custom storage space business. In addition, as a Closet & Storage Concepts franchisee, you will sell accessories related to custom storage space distributed Under the Closet & Storage Concepts name and logo. These accessories may be manufactured by Us, or third party suppliers that we designate. The related accessories include various types of doors, closet hangers, tie and belt racks, closet rods, shoe keepers garment racks, baskets and other related accessories. In certain circumstances,, if we feel demand requires it, we may allow you to operate the Franchised Business out of more than one (1) location under your existing franchise agreement within your granted Territory.
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Franchise Rating
Franchimp Summary Rating
7/10
Earning Transparency
7/10
Summary of potential earnings
$2,009,728 / unit
Average Revenue During 2020Building & Construction
Franchise System Development
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Distribution of Closet & Storage Concepts Franchisee
Employee Contact Database
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Summary of Investment Costs
Upfront Franchise Fees
Minimum: $41,100 Maximum: $59,600
Upfront franchise fees are the one-time payments required to secure rights to operate under an established brand, typically ranging from $20,000 to $100,000+ depending on brand value.
These fees grant access to proprietary business systems, training programs, intellectual property rights, and often territorial exclusivity—essentially purchasing the blueprint for a proven business model.
While separate from ongoing royalties, investors should evaluate these fees against expected returns, comparing fee-to-earnings ratios across opportunities and assessing how effectively franchisors reinvest these funds into system improvements.
Total Investment Costs
Minimum: $95,800 Maximum: $499,900
Ongoing Fees
Ongoing franchise fees, typically structured as royalties ranging from 4-8% of gross sales, represent the continuous payments franchisees make to maintain brand affiliation and support services.
These recurring fees fund the franchisor's operational assistance, marketing initiatives, technology updates, and continued brand development—creating a partnership where the franchisor's revenue grows alongside the franchisee's success. In addition to royalties, franchisees often contribute to national advertising funds (usually 1-3% of sales) and may incur technology fees, supply chain markups, or renewal fees depending on the franchise agreement.
Investors should carefully analyze these ongoing costs within their financial projections, as they directly impact profit margins and cash flow throughout the entire franchise relationship.
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