3/10

Franchimp Summary Rating

3 /10
Higher than 79% of peers

Franchise Summary

Description
Amazing Spaces is a television franchise that showcases innovative transformations of ordinary properties into extraordinary living spaces, emphasizing design and clever use of space. The show features a charismatic host who guides viewers through the renovation process, sharing insights and tips, and has inspired a following with its creative approach to home design.
Company Background
AMAZING SPACES is a self-storage property franchise opportunity for the establishment and operation of an upscale storage facility with top of the line security, retail center selling a complete line of moving supplies and boxes and also providing moving truck rentals. We offer prospective business owners to own their own store in their community.
Franchise Opportunity
The company is seeking a franchisee to develop and operate an upscale self storage facility in _________, _________________. Self storage is a $25 billion industry that has grown at more than 5% per year for the last decade. There are currently over 200,000 facilities operating in the United States with another 30,000 under construction. This growth is due primarily to increasing consumer demand for long-term and convenient personal property management solutions. In addition, new development of this type of business opportunity is limited by both local zoning ordinances as well as federal law which prohibits construction within 1 mile from an existing facility without permission from that operator. Our concept will be developed on land we own near your proposed site giving you a distinct advantage over other competitors who must purchase or lease expensive commercial real estate before they can begin operations. We have successfully completed our first project in _______________ with great success and look forward to working with you on this exciting venture!

FAQ

How much investment do I need to start my own AMAZING SPACES business?
Franchisees typically require at least $2,171,950 to $2,171,950 investment to get their AMAZING SPACES business started
What are the initial franchise fees for AMAZING SPACES?
Franchisees typically need to pay at least $75,000 in fees directly to AMAZING SPACES in order to earn the right to launch their business
How much money can I make with a AMAZING SPACES franchise? What are the average revenues for a typical AMAZING SPACES business?
We haven’t done the math on how much revenue a typical AMAZING SPACES brings in each year. We estimate that other franchisees in the Professional Services industry generate $952,375 revenue, so we would expect AMAZING SPACES to generate a similar amount
How long do I need to commit to running a AMAZING SPACES unit? What is my contractual commitment?
AMAZING SPACES franchisees are typically required to sign up to a 7 year contract initially. The renewal length is 5 years. You can of course exit early but don’t expect to get any refund!

Accessibility

3 /10
The Franchisor's investment costs ranges from $156,330 to $233,450 which is Much Higher than the $0 to $0 average in the Decorating & Home Design industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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