Gravity Vari-G 3

This lightweight three-guitar stand really doesn't take a lot of estate, which is great. It will easily fit three acoustic guitars or two electrics and an acoustic. The spacing is adjustable so it shouldn't be a problem. And this thing is well stabile enough.

One could, of course, argue that its spacing will allow you to fit a fourth guitar in there - provided that they're all electric guitars. This is actually one of the reasons I decided to buy this particular stand. Of course, it's shipped with only three brackets, but since I am a little bit cheap... well, I've put four guitars in it.

Cons on that arrangement is, of course, you won't have the padded bracket for the fourth guitar and so far I haven't been able to find extra brackets very easily. Another thing is, of course, that, the guitars will be very close to each other. Whether that qualifies as a problem is a personal preference, of course.

At any rate, a compact guitar stand for three guitars that requires no extra tools for assembling as it's shipped with its very own screwdriver. In that sense you could call this a "tool free" assembly. Also, if you don't like the green highlights... well, switch to the black ones that are shipped with it. Or get extra ones in the color of your choice.