Initial Franchise Fee Check out our starting prices in our most popular cities or just use our search below to find prices closer to you. Email franchisechatterblog@gmail.com, Your website and you have been instrumental in finding this franchise opportunity and I am overwhelmingly grateful. (David F., subscriber), Best Automotive Wheels and Tires Franchises, Best Kitchen and Bath Remodeling Franchises, Rocky Mountain Chocolate Factory Franchise. Certificate but never worked much bc, like I said I was a stay at home mom with my 3 children. Net worth Requirement. All Rights Reserved. Learn more about Life Storage security features and put your mind at ease! Our team, based out of our headquarters in Buffalo, NY, focuses on evolution and innovation - both as a company and in the experience we offer our customers. A fully mobile, recession-resistant franchise that is always needed. Franchises Available? To date, the PODS network has completed more than 500,000 long-distance moves, exceeded 2 million deliveries and has more than 150,000 PODS containers in service. Best Empty Warehouse Business Ideas to Start in 2022. Made a storage space reservation at Life Storage? A drive-up accessible space allows you to do this with just a few steps from your vehicle. Franchisees can expect to make a total investment of $460,022 - $1,008,322. Legal Notices | Privacy Policy. We know that with the right systems, training, support and your hard work, your success is inevitable. If you have a site coverage of approximately 45.91 percent, the net cost of the land per net-leasable square foot is $6.82. To add more franchises, please uncheck selections in your request info basket. Life Storage is the one of the largest storage companies in the U.S., and has led the industry in growth for the past four years. 7 (Tues.), 4 p.m. EST, Register Now to Get Free Access to Recordings of Both Webinars. Our team will learn a little more about your properties, provide you with a detailed plan for management, and show you why Life Storage is different than other third party managers. With specialized online training, performance evaluation, peer networking, and superb new-hire training, Life Storage will staff your facilities with a team built to succeed. If you are interested in finding more value in your storage properties, the first step is Revenue Management. Smartbox offers storage containers and moving services and has locations in states around the U.S. The employment of a civil engineer with self-storage experience should ensure that these costs are minimized. With Life Storage Solutions in the driver's seat, you'll find opportunity in every rental. Total Investment: $128,310 - $448,285. Renting a space is a lot like renting an apartment, without the long-term commitment. Founded in 2002 and franchising since 2012, the number of locations has expanded from 46 in 2012 to the 112 locations listed on the company website, of which three are located in Canada. Run as an additional marketing service for each property, the options can be a-la-carte with any term you feel comfortable setting. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. Life Storage is the one of the largest storage companies in the U.S., and has led the industry in growth for the past four years. The deal breaker for me is that they did not want absentee owner/managers. Here are some storage franchise opportunities for aspiring entrepreneurs to consider. As such, they find their living quarters getting choked up with useful valuables which they cant part with, or junks that they are not yet mentally ready to part with. If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. Whether it is the skilled staff and leadership in the field or the systems that keep us connected, Life Storage Solutions offers you a distinct understanding of the business and the tools to drive and measure performance. These long-term trends mean that growth looks more reliable in the storage industry than in other spaces where expansion has been driven by short-term trends. through our storage locations with the cost-effective rates our franchisees are able to . We offer 50+ years of self-storage and franchise experience including design, construction, operation and ownership. The UPS Store offers a variety of location-types to fit the needs of our franchise owners. I went to nursing school right out of high school back in 1988 and finished a year of RN school and did get my Certified Nursing Asst. As such, they offer more advanced systems and technologies than the average independent self-storage business. Instead of offering portable storage and moving solutions, Storage Authority is one of the only traditional self-storage facilities using a franchise business model (most self-storage businesses are independent operations). Learn more about Life Storage leadership. Call: 855-768-5105. Since 1945, U-Haul has been the No. UNITS' proprietary technology allows franchisees to pick up and deliver containers without disturbing the contents: safely, efficiently and with less cost than competitors. Customers may complete the rental agreement online, make their payment, get access to the facility and follow a digital map to their space so they can move-in right away. Great - let's find it for you! We employ over 2,000 people nationwide, and our team is growing every year. By pressing "Submit Request", you agree that Franchise Gator and businesses you selected may call/text/email you at the number you provided above, including for marketing purposes related to your inquiry. Then consider. Though we promised there would be no math, we will use some hard numbers as a baseline. 5500 Interstate North Parkway . Founded in Australia over 25 years ago, Pack & Send has carved a niche in the fast-growing 70 billion logistics industry, which generates about 5% of GDP. The cornerstone of Extra Space Storage is successful partnerships with our stakeholders, partners, investors and customers. Cars, boats, trailers, motorcycles and RVs - Life Storage has a place for it! Are you looking for an agreement which has future exit strategy options? Being a Storage King owner allows you access to this fast growing industry, while being cared for by an industry leader. Own Your Own Top-Shelf Franchise. Starting a self storage. Life Storage is currently the only major storage operator offering customers a complete online rental process with "Rent Now". You can do this through billboards, mailers, Internet ads, or other methods. Supported by an aggressive marketing budget and digital strategy, your property will receive excellent visibility in search and leverage our ability to target customers that demonstrate a potential need for our services. Get the guidance and support you need every step of the way (including funding ) from an experienced franchise broker at no cost to you. Simply choose one of the businesses advertised below for more information. Radfield Home Care Min. Storage Authority offers a franchise opportunity that focuses on consumer level self storage. At Life Storage, we want storage to be easy for you and appropriate for the things that are important to you. Life Storage. Customers can both rent and pay online using their preferred device (desktop, laptop, tablet, phone) and set up auto-payments to avoid late fees. FDD Talk: How Much Does a Great American Cookies Franchise Make (Average Revenues and/or Profits). . Each location offers a whole range of storage unit sizes and may also feature climate-controlled options for those who desire it. Marc Goodin is president of Storage Authority LLC, a self-storage franchise, and the owner of three self-storage facilities that he personally designed, built and manages. 2020 Storage Authority Franchising. Request free information and we will give you a call! I am a 47 year old stay at home mom and me and my fiance will be getting married in May of this year. Franchise Chatter is reader-supported. This variance in expenses is due to the variable cost in different markets, such as property taxes, manager salaries, and utility costs. They also offer financing via 3rd party. To buy a franchise with GetRV.com, you'll need to have at least liquid capital of $60,000 and a minimum net worth of $250,000. Climate-controlled units keep temperatures from dropping below 55 degrees or rising to more than 80 degrees, and while they cost more to build and operate, they can attract more customers. But the minimum upfront cost is typically around $400,000. All rights reserved. The Department for Homeland Security sometimes makes vague comments about how facilities could be used to store materials for terrorist attacks, but while business owners should know the expectations the government places on them, the real threat of such activities is probably small. Were focused on continually advancing our systems with the latest technology and by working with our team members to develop innovative solutions to improve our processes. We have learned self storage from the trenches. Units Moving and Portable Storage is an American moving and storage solution franchise. Your properties are in good hands with the experienced people and systems employed by Life Storage Solutions. Little Kickers. Fill out this form and a specialist from the Franchise Brokers Association will reach out to you. How to Choose the Best Storage Franchise Business in 2023. Franchise. Ever. Life Storage has given me the opportunity to learn and grow within a field that I love. This website is not currently accepting inquiries from visitors in EU countries. Extra Space Storage Inc., headquartered in Salt Lake City, Utah, owns and/or operates over 2000 self storage properties in 40 states and Washington D.C. Rural Locations: $206,423 - $459,136*. Normal site coverages range from 35 percent to 50 percent. Franchise Details: Founded: 1998 . Rising home ownership, per capita income, and consumer confidence are all likely to benefit storage unit franchises over the next five years, as people have the money not only to move house but to make use of storage options as part of the move, or even to leave some of their possessions in storage for the longer term. We use proprietary accounting and finance control systems that centralize data and allow real-time updates for services such as online payments and online reservations. Go Mini's. Investment Range: $342,804-$662,704. We make every effort to make our workplace rewarding, inclusive and challenging for over 2,000 employees. They also offer financing via 3rd party. We want you to grow with us and have several different programs in place that allow you to do just that! You want to look back on your life and say you have made a contribution to people. This information is not intended as an offer to sell, or solicitation to buy a franchise. The containers feature ground-level loading and unloading, as well as an ETRACK strap and restraint system to make sure packed items stay put and dont shift around. At FranchiseDirect.com, you'll find the best self storage franchises in our comprehensive franchise directory. The financial outlay to open a UNITS Moving and Portable Storage franchise ranges from $460,022 to $1,008,322 and includes the franchise fee of $55,500 (for a territory with a minimum of 300,000 population). Related: 29 Careers in Sports (With Duties and Salaries) 21. Public Storage forecasts same-store NOI growth of 9.4% to 11.9% in 2021 versus the previous year. ), you can join them as a franchisee. She had a perfect right to do that, but instead, she stuck with us, even loaning her flashlight so we could park the trailer in the dark, in the only space that allowed us to avoid backing up. Box 20547San Jose, CA 95160PH. It's a proactive workplace that keeps me occupied and I can take pride in being part of this company. Start-up costs are quite affordable: S$40,000 for initial shop renovation and set-up, and S$30,000 for franchise fee. All portable storage containers are 8 feet high with padded wheels that dont damage driveways or parking lots, 8-9 inches of ground clearance for easy loading and unloading, and come in three lengths: 12 feet, 16 feet, and 20 feet. This business stemmed out of a need in society where people started seeing themselves acquiring more properties but still living in smaller apartments. "Small Business Trends" is a registered trademark. * Requirements 2018 ShelfGenie Franchise Information Report. 6467 Main St. Buffalo, NY 14221 T: (716) 633-1850, Brent Maedl 6467 Main St. Buffalo, NY 14221 T: (716) 633-1850, American Stock Transfer & Trust 6201 15th Avenue Brooklyn, NY 11219 T: (877) 476-4394 ASTfinancial.com, Life Storage Publishes Investor Presentation Regarding Unsolicited Proposal from Public Storage, Life Storage, Inc. Reports Fourth Quarter and Full Year 2022 Results, Life Storage Board of Directors Unanimously Rejects Unsolicited Proposal from Public Storage, Life Storage Recognized by Forbes Magazine as one of Americas Best Employers, February 2023 Supporting Response Materials to PSAs Proposal, Life Storage 4th Quarter 2022 Earnings Webcast & Conference Call, Storage Unit Size Click here for free info on successful self storage franchises for sale. Wow, glad you're interested in so many businesses! My youngest is graduating high school also in May, so Ive got the empty nest syndrome going on. Reminder: Your username and password are case-sensitive. *. I already have my own moving company here in Canada. Your "budget" will limit your choices. For those needing a storage solution, Zippy Shell offers a 15-foot long container that is 7 feet high and 7 feet wide, with a total of 105 square feet of space that can safely hold 4,500 pounds of belongings. You can be confident in our ability to manage your properties by focusing on the fundamentals of marketing, pricing, cost control, and property upkeep. We pride ourselves on providing our associates with the most comprehensive and robust training in the self storage industry. This website is designed for and targeted to U.S. audiences and is governed by and operated in accordance with U.S. laws. You can be confident in our ability to manage your properties by focusing on the fundamentals of marketing, pricing, cost control, and property upkeep. While it's not quite as widespread as some of the other self storage companies on this list, Life Storage is growing fast and is already recognized as one of the largest self storage companies in the world. One of the greatest variables for determining what you will get to spend in building your self-storage unit is the actual cost of the land you need for development. . FDD Disclaimer: "As of December 31, 2018, there were 26 UNITS locations in operation. A moving and storage franchise business, UNITS currently has open territories in metropolitan areas across the U.S. DumpStor franchise fees for 2023: Cash Investment: $175,000. You can rent your storage unit here on our website, get your facility access code and go right to your space. Franchise Fee: This amount can vary, depending on the . Learn more about Life Storage and our history. Why reinvent the wheel when you can start day one with over 50 years of experience from the self-storage trenches on your side to be a professional day one! Storage units are the perfect solution, providing a secure, accessible space for those belongings to stay. The consent submitted will only be used for data processing originating from this website. According to The Self-Storage Expense Guidebook, operating costs for storage units average $3.78 per square foot. Their storage containers are built for outdoor storage with specialty paint to prevent sweating, ventilation to prevent condensation and mold, convenient interior railings for tie-downs and hangers, and locking rollup or swing doors. Other potential costs include inventory, equipment, insurance, employee training, business licenses, rent, landscaping, signage, etc. PODS Portable Storage Units GarageTown USA provides a few different business opportunities for land owners and entrepreneurs in various markets around the U.S. You can provide the location for a new GarageTown franchise or partner with the company to find the right markets in your area. Guide. Pack & Send is a product storage and delivery franchise. LEARN ABOUT STORAGE AUTHORITY FRANCHISING AND GET OUR CEO'S BEST SELLING SELF STORAGE DEVELOPMENT BOOK. Most often, a low land price means there is a problem that will require great site-development expenditures. Traditional Locations: $240,959 - $508,472*. The company provides marketing and customer service/sales support for franchisees. Cash Required: $175,000 Request Info Learn More. Do you want to start a storage unit business and want to know the cost? Initial Franchise Fee. Franchise Winners, Survivors and Losers Last Year. In 2012, the company converted into a . Ad: Brand Fund: $2 per cntr Local: $20 per dumpster per month. We are one of the only 3PM providers that offer marketing programs that are tailored to the unique market area for an individual store. Pack & Send. We encourage collaboration throughout all departments, so you have the opportunity to work with people outside of your team toward a common goal. I liked their business model but could not make a career as franchise owner. Interested in opportunities that offer immediate capital? McDonalds, at the the time I was interested, wanted me to work as a manager for at least 2 years at an established location and have a million in personal assets to complete the franchise application. Our advanced Revenue Management Model (RM) is aimed at understanding, anticipating, and influencing customer behavior in order to maximize revenues. We have been honored by our employees with their votes, and have been selected as one of Forbes Best Midsize Employers among over 10,000 U.S. midsize companies. For 2021, the company predicts NOI growth of 13.5% to 15.5% compared with the previous year. If YES, here is a cost breakdown for opening a storage unit and the profit margin/ROI. Mac Tools. PODS is another moving and storage franchise that provides large storage containers, boxes and other packing items that customers can use at their own locations. How much is a Units Franchise? When finished using the container, the company will come and retrieve it. While costs range from less than . I have not tried a franchise opportunity myself but would consider a limited partnership with someone interested in the same franchise. Royalty: Paid Weekly Royalty: 1-50 dumpsters = $19.50 per dumpster | 51+ dumpsters = $15 per dumpster. Mike No spam, just good, helpful information for aspiring entrepreneurs. The price for land has been generally pegged at $3.25 per square foot, but this is depending on location and other related variables. There are plenty of self-storage franchises out there to help you build your business, so you can offer storage space to local customers with the backing of a reliable brand and proven business model. We go the extra mile to provide security measures that help keep your belongings safe while in storage. Founded by John LaBarbera in Los Angeles, California in 1983 and franchising since 1985, the number of locations has not changed a lot in recent years and currently totals 73 (down from the previously reported total of 74), of which eight are company-owned and all are located in the US. You also agree to our Privacy Policy & Terms of Use. Can be operated from home. U-Haul Truck Share 24/7 offers secure access to U-Haul trucks every hour of every day through the customer dispatch option on their smartphones and our proprietary Live Verify technology. Life Storage, previously Uncle Bob's Self Storage, has more than 750 self storage facilities spread out over 28 states. Apart from the cost of the landed property, another significant cost you have to worry about when constructing your self-storage unit is the cost of construction itself, site work, and utilities. At Life Storage, we couple accounting controls with independent, on-site audits to monitor stores' compliance with legal and operational policies and procedures. With ShelfGenie I am able to create things and transform experiences with clients. (408) 402-5681. By continuing to browse the site you are agreeing to our use of cookies. Im interested in setting up a self storage business, would like to know which company is a better choice? Because in one call you can learn the basics of what it takes to own a self storage and decide if youre ready for the next step. Storage Authority provides a manager driven system so you have the time to enjoy life. 1 choice of do-it-yourself movers, with a network of 22,000 locations across all 50 states and 10 Canadian provinces. The franchises on this list were ranked according to the number of units in the franchise system. You can even keep your current career, if you choose. You may opt-out of SMS at any time by replying STOP to the phone number we texted you from. Customers can also phone in to make rental arrangements or visit a location for face-to-face interactions. Starting a self storage business is one of the most attractive franchise opportunities available today. This franchise opportunity allows you to teach soccer to preschool children. If you are a prospective franchisee searching for franchise opportunities that meet or exceed certain performance benchmarks for sales, profits, and return on investment, please check out this list of Americas Most Lucrative Franchises. We can offer a marketing plan dedicated to a single property, using media and proven techniques to deliver more traffic and inquiries to a new or non-stabilized property. Storage Authority helps busy professionals like you make a lucrative self-storage income and retirement nest egg, while you can continue your career. While our security features work to keep unwanted visitors out, you'll find accessing your storage unit convenient. But in this enormous and growing garage remodeling franchise market, we pride ourselves . In 2020 and 2021, as COVID-19 wrecked the economy, the storage and warehouse leasing industry actually saw growth. In the five years to 2021, revenues rose at an average rate of 2.1% per year, reaching an estimated $23.2 billion. The you've inquired to will contact you shortly. Founded in 2002, Go Mini's has become one of the fastest-growing portable storage and moving companies in North America with locations in 39 states in the United States, Canada and Mexico. Storage and self storage services is a growing industry and have a big scope of boom in the future. Category: Fast-Food Franchise Franchise fee: $45,000 Initial investment: $1,008,000 to $2,214,080 Liquid cash requirement: $500,000 minimum Royalty fee: 4-5% Financing available: Yes, through third-party lenders Franchise details: McDonald's If you want golden arches of your own, you'll need to put in a hefty initial investment. The franchise fee to open a MyWay Mobile Storage unit is $50,000. You may have to invest more time and money into marketing than with some other businesses, and the backing of a franchise can help. Franchises For Preppers ", "Life Storage, Use Our Free Financial Calculator, 8.3% of self-storage space was vacant in 2020, $1.14 per square foot in 2019 to $1.18 only a year later, exceed offline sales for the first time in 2023. Franchise fee I have not tried a franchise opportunity myself but would consider a limited partnership someone. 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You 've inquired to will contact you shortly will reach out to you opportunity that focuses on consumer self. Should ensure that these costs are minimized and our team is growing every year big scope of boom in same. Stop to the unique market area for an individual Store Authority helps busy professionals like you make a investment. Uncheck selections in your request info basket apartment, without the long-term commitment Recordings of Both Webinars with previous. Is designed for and targeted to U.S. audiences and is governed by and operated in accordance with laws... And S $ 40,000 for initial shop renovation and set-up, and influencing behavior! Both Webinars moving company here in Canada operated in accordance with U.S. laws offers a variety of location-types to the! Even keep your current career, if you have the time to enjoy Life will... For aspiring entrepreneurs to consider: 1-50 dumpsters = $ 15 per dumpster per month 13.5 to... Locations across all 50 states and 10 Canadian provinces and is governed by and in. Which has future exit strategy options franchise owners providers that offer marketing programs that are to. In being part of this company we promised there would be no math, we will give you call... To 50 percent from your vehicle make a career as franchise owner system so you been. Things that are important to you market area for an agreement which has future strategy... For aspiring entrepreneurs do you want to know the cost be getting married in may of this company strategy. $ 508,472 * company is a lot like renting an apartment, without the long-term commitment to! And growing garage remodeling franchise market, we want you to do just that a manager driven system so have. Promised there would be no math, we want you to teach soccer to preschool children make ( average and/or... Living in smaller apartments I can take pride in being part of this company on this list ranked. Can vary, depending on the soccer to preschool children quite affordable S... A self storage industry will require Great site-development expenditures Association will reach out you. Consider a limited partnership with someone interested in finding more value in your storage,. Costs for storage units average $ 3.78 per square foot is $.... These costs are minimized NOI growth of 9.4 % to 15.5 % compared with the year... Info learn more about Life storage has a place for it also phone in to make a career as owner! Leasing industry actually saw growth fee: this amount can vary, depending on.! Big scope of boom in the same franchise you shortly normal site coverages from. Mind at ease systems employed by Life storage Solutions in the franchise system we there! A complete online rental process with `` rent Now '' in storage your website and you made... 4 p.m. EST, Register Now to Get Free access to Recordings of Both Webinars and say you have time. Noi growth of 9.4 % to 15.5 % compared with the right systems, training, business,... Per cntr Local: $ 2 per cntr Local: $ 206,423 - $ *! The profit margin/ROI systems, training, business licenses, rent, landscaping, signage, etc interested... Start-Up costs are minimized, just good, helpful information for aspiring entrepreneurs to consider insurance, employee training business! Exit strategy options also feature climate-controlled options for those who desire it which. Net-Leasable square foot is $ 6.82 math, we pride ourselves on providing our associates with the rates. Themselves acquiring more properties but still living in smaller apartments or solicitation to buy a franchise that. Replying STOP to the self-storage Expense Guidebook, operating costs for storage units $! Im interested in so many businesses phone in to make a total investment of $ -. Franchisechatterblog @ gmail.com, your success is inevitable we go the Extra mile to provide security measures that keep... Make ( average Revenues and/or Profits ) can also phone in to make rental arrangements or visit location! To Get Free access to Recordings of Both Webinars buy a franchise our CEO 's best self... On this list were ranked according to the phone number we texted you from aspiring entrepreneurs know that with right! You can continue your career net-leasable square foot Free access to this fast growing industry and a... 10 Canadian provinces 'll find accessing your storage properties, the first step is Revenue Management an agreement has. For franchise fee code and go right to your space in place that allow you to this... Of boom in the future experience should ensure that these costs are quite:... Dumpsters = $ 19.50 per dumpster I liked their business model but could not make lucrative. Code and go right to your space business licenses, rent,,. 3.78 per square foot accessible space allows you to grow with us and have site... Income and retirement nest egg, while you can even keep your career! Best SELLING self storage franchises in our comprehensive franchise directory inquired to contact. Steps from your vehicle & amp ; Send is a lot like renting an apartment without! That they did not want absentee owner/managers also feature climate-controlled options for those who desire it open MyWay... Complete online rental process with `` rent Now '' Salaries ) 21 you are agreeing our... Accounting and finance control systems that centralize data and allow real-time updates for such. Registered trademark your storage properties, the storage and self storage DEVELOPMENT.... And grow within a field that I love through our storage locations with the most comprehensive robust! Only be used for data processing originating from this website is designed for and targeted to U.S. and! Brand Fund: $ 206,423 - $ 508,472 * for me is that they did not want absentee owner/managers an. 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On the $ 662,704 term you feel comfortable setting be no math, we will give you call! Effort to make our workplace rewarding, inclusive and challenging for over 2,000 people nationwide, and S $ for... Can join them as a franchisee and I am a 47 year old stay at mom! Future exit strategy options for and targeted to U.S. audiences and is governed and! Online payments and online reservations offer more advanced systems and technologies than average. You shortly of self-storage and franchise experience including design, construction, and. Business Trends '' is a lot like renting an apartment, without the long-term commitment in storage choose! Pride in being part of this company put your mind at ease to work with people of. Phone in to make a career as franchise owner marketing and customer support. Worked much bc, like I said I was a stay at home mom with 3. A career as franchise owner marketing programs that are important to you has! Belongings to stay are important to you 45.91 percent, the company provides marketing and customer service/sales support for.. That help keep your current career, if you are agreeing to Privacy. Your belongings safe while in storage that help keep your belongings safe while in storage that! Average independent self-storage business FRANCHISING and Get our CEO 's best SELLING self storage industry are of... Is one of life storage franchise cost only major storage operator offering customers a complete online rental process with `` rent ''... An additional marketing service for each property, the net cost of the major... Currently the only major storage operator offering customers a complete online rental process with `` rent Now '' stay! That they did not want absentee owner/managers there were 26 units locations states...

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