Spacewood Franchise
Modular kitchen and furniture maker's franchise page lists 1,000-5,000 sq ft formats but no investment, fee or royalty; it also says it runs 34 company-owned stores.
We couldn't confirm Spacewood is taking franchisees right now
Treat this as research, not an open offer, until the brand confirms its programme in writing. See the note below.
About This Listing
Spacewood's franchise page invites applications and lists space needs for four store formats, but publishes no investment, franchise fee, royalty, agreement term or territory. The same page says the brand 'is successfully running 34 Company owned stores', and press describes the network as company-run exclusive stores plus a 500+ dealer network. The pages do not show whether new franchised stores are currently being granted, so the programme is not confirmed as open.
Source: Spacewood franchise enquiry page
Spacewood franchise at a glance (terms checked Nov 2026)
Investment
Not published
The brand doesn't publish its investment
Ongoing take
Not published
Franchise fee
Not published
Payback
Not published
- Company standing: Active and up to date with the registrar
- Outlet claim matches reality: Claims 36, locator lists 36
Outlets
36 verified
Brand claims 36
What we couldn't verify
- • Outlet closures
- • Franchisee satisfaction
- • Disputes with franchisees
- • Profit or loss
Ask before you sign
- Get written confirmation that Spacewood is taking franchisees at all before paying anything — see the note at the top of this page.
- Ask for the one-time franchise fee in writing, and whether any part is refundable.
- Ask for the royalty and any marketing-fund fee, and how they're calculated (on sales or profit).
Franchise terms checked against Spacewood's official franchise enquiry page on 7 Nov 2026. Figures marked * aren't published by the brand — they come from other published sources or our own estimate, and aren't verified.
Ways to Partner with Spacewood
7 partner models published by the brand. Figures it doesn't publish are left blank.
Kitchen & Wardrobe - Maxspace
- Space
- From 1,000 sq ft
- Royalty / margin
- Not published
- Territory
- Not stated
- Who it suits
- Entrepreneurs with design-and-build or project-sales experience, interior/architecture/civil background preferred, able to do field sales; own or leased premises; team for design, installation and marketing
Kitchen & Wardrobe format; page: 'Required Area: 1000 Sqft'. Investment is not published.
Kitchen & Wardrobe - Modern Living
- Space
- From 2,000 sq ft
- Royalty / margin
- Not published
- Territory
- Not stated
- Who it suits
- Entrepreneurs with design-and-build or project-sales experience, interior/architecture/civil background preferred, able to do field sales; own or leased premises; team for design, installation and marketing
Kitchen & Wardrobe format; page: 'Required Area: 2000 Sqft'. Investment is not published.
Kitchen & Wardrobe - Luxury
- Space
- From 3,000 sq ft
- Royalty / margin
- Not published
- Territory
- Not stated
- Who it suits
- Entrepreneurs with design-and-build or project-sales experience, interior/architecture/civil background preferred, able to do field sales; own or leased premises; team for design, installation and marketing
Kitchen & Wardrobe format; page: 'Required Area: 3000 Sqft'. Investment is not published.
Bedroom Concepts
- Space
- From 1,500 sq ft
- Royalty / margin
- Not published
- Territory
- Not stated
- Who it suits
- Entrepreneurs with design-and-build or project-sales experience, interior/architecture/civil background preferred, able to do field sales; own or leased premises; team for design, installation and marketing
Page: 'Minimum space of 1,500 sq.ft.' Investment is not published.
Modern Living full home
- Space
- From 5,000 sq ft
- Royalty / margin
- Not published
- Territory
- Not stated
- Who it suits
- Entrepreneurs with design-and-build or project-sales experience, interior/architecture/civil background preferred, able to do field sales; own or leased premises; team for design, installation and marketing
Page: 'Minimum space required 5,000 sq.ft.' Investment is not published.
Buro Desking (office furniture)
- Space
- From 1,500 sq ft
- Royalty / margin
- Not published
- Territory
- Not stated
- Who it suits
- Entrepreneurs with design-and-build or project-sales experience, interior/architecture/civil background preferred, able to do field sales; own or leased premises; team for design, installation and marketing
Page: 'Minimum space of 1,500 sq.ft.' Investment is not published.
Dealer network
- Space
- —
- Royalty / margin
- Not published
- Territory
- Not stated
- Who it suits
- Not stated
The pages claim 500+ dealers; no dealer terms, margins or investment are published.
Reputation & News
1 red flag to checkWhat the press, courts and real franchisees or customers have said about Spacewood — summarised by us, with every source linked.
- Customer view· 2020-08-31
Customer complaints on a complaints site (2020)
Two 2020 posts on consumercomplaints.in: one says a wardrobe order placed at the Hyderabad Jubilee Hills store with 50% advance had no delivery after about eight weeks; another says the company asked for a substantial payment for repairs to a modular kitchen despite a promised lifetime warranty. Customer-posted and unverified; no reply or outcome shown and no court or forum order found.
Source: consumercomplaints.in - In the news· 2026-08-31
Company-data mirror ratio summary: possible decline/loss signal (filing not read)
Tofler's ratio summary for Space Wood Furnishers Private Limited (March 2025 data, page updated 31 Aug 2026) shows total revenue change +15.72%, EBITDA +44.43%, net profit -53.12%, borrowings +110.76%, net profit margin -8.48 and return on equity -20.63. This is a ratio-based summary from a company-data mirror, not the filed accounts, which we have not read; it is a possible decline/loss signal, not a confirmed fact.
Source: Tofler (company-data mirror) - In the news· 2025-11-05
A91 Partners invests Rs 300 crore in Spacewood
Entrackr reports A91 Partners put in Rs 300 crore at a Rs 1,200 crore valuation for a minority stake, to fund expansion, brand building and operations, with a plan to scale from 35 to 100 exclusive stores. The company targets group revenue of Rs 700 crore for FY26.
Source: Entrackr
Legal & Contract Summary
Key contract terms at a glance — read before you sign.
Agreement Type
Not specifiedContract Duration
—Renewal Available
—Territory Exclusivity
—Non-Compete Clause
—Exit Clause
—Who Can Apply for Spacewood
Conditions the brand sets for partners, and the licences the business needs.
- Experience: Passionate entrepreneurs with design-and-build or project-sales experience; interior, architecture or civil background; ability to do field salesPreferred
- Premises: Own or leased premises at a convenient locationRequired
- Team: Team for design, installation and marketingPreferred
- Investment capacity: 'Investment capacity depending on type of formats' (no figure)Preferred
About the Brand
Brand USP
In-house manufacturing of modular kitchens, wardrobes and bedroom sets at a 1 million sq ft factory, sold through exclusive stores and dealers.
Why invest in Spacewood?
Spacewood by the Numbers
Source marked on each figure37 (36 India, 1 Tanzania)
Stores on locator · 2 Nov 2026
Store locator35 (franchise page); plan to reach 100
Exclusive stores claimed · 2 Nov 2026
Brand claim500+ in 150 towns and cities (company; also reported by Entrackr)
Dealers · 5 Nov 2025
Brand claimAbout Rs 700 crore (company expectation, 25-30% yearly growth targeted)
FY26 group revenue target · 5 Nov 2025
Brand claimAbout 1 million sq ft (company claim)
Factory · 2 Nov 2026
Brand claimSpacewood Outlet Network
By country · 2 Nov 2026
- Locator entries in India36
- Locator entries in Tanzania (Dar es Salaam)1
By channel · 2 Nov 2026
Company-owned stores (franchise page claim, undated): 34 outlets · 2 Nov 2026 · spacewood.in
Cities with Outlets
Show all 29 citiesHide the city list
Company Financials
Brand-level, publicly reportedThe franchisor's own company health — separate from what a single franchise outlet earns.
Valuation (Nov 2025 (Entrackr, 5 Nov 2025: Rs 1,200 crore / $135 million))
$135.0M
Notable investors
A profitable franchisor doesn't mean profitable franchisees. These are the company's numbers, not an outlet's. A franchisor can grow on fees and supplies while outlets struggle — talk to existing franchisees and see their accounts before you decide.
Company Health Check
What Spacewood's franchisor company has filed with the registrar and the courts — the checks a lawyer would run before you sign.
- Status with the registrar
- Active
- Last AGM
- 2025-09-27
- Paid-up capital
- ₹5.68 Cr
Group companies
- A91 Partnersshareholder
Source: Company-data mirrors (Tofler, Instafinancials, FalconEbiz, Infyner); MCA21, GST portal, IP India, IBBI, eCourts and consumer-forum databases were not read (checked 2 Nov 2026)
Full company recordsFinancials year by year, registered details, leadership and timelineShowHide
Company Profile
The legal entity behind the brand, its leadership, and its official channels.
- Registered name
- Spacewood Furnishers Pvt. Ltd.
- Company type
- Private limited company (unlisted)
- CIN
- U36100MH1996PTC100296
- Incorporated
- 1996-06-18
- Headquarters
- Nagpur
Leadership
- KKirit JoshiCo-Founder (modular division, per the franchise page)
- VVivek DeshpandeCo-founder (per Entrackr)
Company details source: Name as printed on the franchise pages (Spacewood Furnishers Pvt. Ltd., T-48 MIDC, Hingna Road, Nagpur). CIN, incorporation date, status and paid-up capital from four company-data mirrors that agree (Tofler, Instafinancials, FalconEbiz, Infyner), which spell the registered name 'Space Wood Furnishers Private Limited.'; the registered office matches the brand's head office. MCA21 was not read.
Spacewood Timeline
1996
Modular kitchen business started; company incorporated
The franchise page says it has been a pioneer in modular kitchens and wardrobes since 1996; mirrors give 18 Jun 1996 as the incorporation date.
2025-11-05
A91 Partners invests Rs 300 crore
Entrackr: Rs 300 crore from A91 Partners at a Rs 1,200 crore valuation for a minority stake; the company's own blog says the deal has primary and secondary parts.
SourceNext few yearsAnnounced plan
Plan to grow from 35 to 100 stores
Announced plan reported by Entrackr and the company's blog.
Source
FranchiseChuno Analysis
Our analysis of verified dataHow Spacewood looks once the numbers are checked side by side.
- ✓Brand operating for 30 yearsFounded in 1996. The brand doesn't state when franchising began.
- ✓Outlet claim matches its store locator36 outlets on its own store locator (2 Nov 2026), in line with the 36 it claims.
- !1 red flag in the news or public discussionSee Reputation & News below, and ask the brand to address each one.
Data completeness
55%
- ✓ Terms checked against the brand's own page
- ✓ Published investment (not an estimate)
- â—‹ Franchise fee
- â—‹ Royalty
- â—‹ ROI or payback claim
- â—‹ Agreement term
- ✓ Training details
- ✓ Outlet cities verified
- â—‹ Company financials
- ✓ Legal entity
- ✓ News & public opinion checked
Ask Before You Sign
Questions tailored to what Spacewood does and doesn't publish.
- 1Get written confirmation that Spacewood is taking franchisees at all before paying anything — see the note at the top of this page.
- 2Ask for the one-time franchise fee in writing, and whether any part is refundable.
- 3Ask for the royalty and any marketing-fund fee, and how they're calculated (on sales or profit).
- 4Ask for the agreement term, renewal fee and exit or transfer terms.
- 5Ask whether you get an exclusive territory, and how large it is.
- 6Ask the brand to respond to each red flag listed under Reputation & News.
- 7Have a lawyer review the franchise agreement before paying anything.
- 8Visit 2–3 existing outlets and speak to their owners without the brand present.
Running the outletSpace, staff, launch steps, training, support and who does whatShowHide
Operations Required
What you'll need on the ground to run this franchise day-to-day.
Area Required
1,000 sq ft
Staff Needed
—
Setup Time
—
Owner Involvement
—
Best Locations
Not published
Business Type
Not published
Training & Support
What the brand provides to help you launch and run your franchise.
Operations Manual
Step-by-step playbook for running the outlet
Supply Chain Support
Vendor sourcing, inventory & logistics
Technology / POS
Billing, inventory, and management software
Marketing Support
National & local marketing campaigns
Launch Support
Pre-opening setup and grand-opening assistance
Ongoing Field Support
Regular visits and operational coaching
Training Programme
Ongoing Support
What Spacewood franchisees say
We haven't yet heard from enough Spacewood franchisees to show anything. We publish totals once 3 or more people who run an outlet have answered and we've called each one to check.
I run a Spacewood outlet — share how it went
