Research has shown that most of the storage spaces are owned and operated by a team. CoreLife Eatery is seeking multi-unit development partners. I just acquired a piece of land to build 2 office buildings and one of the levels will be indoor storage units. If you are about to franchise, make sure you read this article because it’s really great and will help you out of your business when starting. These companies do not franchise. 1-800-PACK-RAT 1-800-PACK-RAT provides portable storage, on-site storage, warehouse self-storage and moving services. Our mission is to bring you "Small business success... delivered daily.". The list of potential franchise markets is limited to ones that possess a minimum population of 500,000 residents, although most of the company’s defined markets are home to well over one million residents. From their start-up programs to ongoing training and support, from it’s National Customer Order Center to their innovative marketing programs, the dedication to your success is the company’s primary goal. WG Storage & Delivery is a rare, once-in-a- lifetime opportunity to be part of a sophisticated, prestigious company. Over the last decade UNITS Moving and Portable Storage has forged a proven operating system designed to help it’s franchisees dominate market share over and above their competition. If you already have the plans for your building and it includes the storage units why get a franchise. The overall investment can vary depending on location and size. Guardian Storage offers some property management and consulting services to self storage business owners, currently with locations in Pennsylvania and Colorado. The minimum investment for developing a Storage Authority franchise is about $200,000, according to the company’s website. It all adds up to more money to the bottom line. The marketing materials presented to you buy top storage franchises … Certificate but never worked much bc, like I said I was a stay at home mom with my 3 children. Self storage businesses can also offer related retail services and products, such as moving and storage supplies, movable storage modules and even truck rentals. PODS units are stackable, so you can maximize your space by three times the traditional warehouse potential. You should be able to use a ladder to change light bulbs and be able to keep the place painted nicely. My name is Horace and I have been in the U.S. Army for 22 years now, which I plan on retiring in the next two years. Traditional mini storage facilities can be limited to a five to seven mile radius for potential service and are usually built only after completing time and feasibility studies. Does anyone know what a guy should do? eval(ez_write_tag([[580,400],'smallbiztrends_com-medrectangle-3','ezslot_4',149,'0','0'])); A moving and storage franchise business, UNITS currently has open territories in metropolitan areas across the U.S. The franchise models are easily financed through preferred vendor programs as well. What are the Best Gifts for Hair Salon Opening. SMARTBOX provides initial and ongoing training and support at your local franchise operation and at the Company’s Richmond, Virginia-based training facility and model storage center. This may involve turning the account over to collections, filing court papers, giving eviction notices, and/or selling the items left abandoned in storage spaces after the correct amount of time has passed according to local laws and the rental contract agreement. The next time you’re looking for storage units in Seattle, don’t drive across town. SMARTBOX provides all the tools you need to run a successful franchise. Plan your projects, track your tasks, and collaborate with your team like you never even left the office. Join powerful women to ignite purpose driven entrepreneurship and leadership. This company is the latest concept in self storage. I myself feel EZ Storage is not bad but it’s not on the list.Do you have any experience that can share with me? Security deposits, key deposits, and the collection of rental payments, all need to be handled properly. Meanwhile, the best customers are the ones that have a longer-term need for storage, such as a military member who is on active duty outside of the united states, and who is able to pay for the monthly rental by using some method of automatic payment, such as a monthly credit card payment or an electronic fund transfer (EFT) from a bank account. @Shital Thakkar - If I understand you correctly, the big box self storage companies you're referring to are the publicly traded REITs like Extra Space Storage, Public Storage, CubeSmart, and Uncle Bob's/Sovran/Life Storage. Note that Go Mini’s franchisees are given unmatched support with demonstrated advertising and operational frameworks and they can exploit a basic model that doesn’t require an extensive staff, stockroom, or retail front. Zippy Shell also provides franchise opportunities. Storage Authority offers a franchise opportunity that focuses on consumer level self storage. You can easily start this business by viewing the franchises briefly explained below and their costs. U-Haul is the number one name in moving & storage and that translates to more customers for them. Extra Space Storage The Company’s properties comprise approximately 550,000 units and over 59 million square feet of rentable storage space, offering customers a wide selection of affordable and conveniently located and secure storage solutions across the country, including personal storage, boat storage, RV storage and business storage. The company provides marketing and customer service/sales support for franchisees. I have not tried a franchise opportunity myself but would consider a limited partnership with someone interested in the same franchise. Your email address will not be published. When the store office is closed, rentals don't stop. It’s important to state that for you to succeed in this business your facility needs to be kept clean and constantly supervised to prevent vandalism and theft. The traditional storage facilities are still a reliable business, but now there are portable storage options, as well as … How Much Does It Cost to Open a Winn Home Inspections Franchise? Ultimately I have no money in the bank no capital own zero property and quite frankly living pay check to pay check my credit is fair, I’m just curious to know what do I need to do to get this idea established. Franchising.com franchise profile for UNITS® Moving and Portable Storage. I will have to create a franchise or purchase one to fill the space. Location: You can call Life Storage at (866) 497-6930 toll free number, fill out a contact form on their website www.lifestorage.com, or write a letter to Life Storage, Inc, 6467 … Do you want to start a self storage business by buying a franchise? Storage franchises need to market and advertise in order to bring customers into the business. We live in a very rural town, although a college town, of under 10,000 people. Contact Life Storage customer service. PODS breaks through traditional mini storage barriers and penetrates into conventional mini storage markets. Storage Authority has become a proven, sophisticated self storage franchise … According to the company, it’s national sales / customer service center eliminates the need for you to hire sales, customer service, order entry, billing, and scheduling personnel. I already have my own moving company here in Canada. Sears Hometown Store Prospective owners who wish to open a new store must have a minimum of $20,000 cash and a … The MyWay Mobile Storage business model is designed to take advantage of the cost-effective digital marketplace. Franchisees pay a one-time franchise fee of $20,000 per facility. Qualification is based primarily on the prospective franchisee’s overall business acumen, entrepreneurial spirit, and available investment. WG Storage & Delivery is a brand new franchise opportunity. Let the storage come to you so you can get back to enjoying life in Northern Washington. Income streams of this business include monthly rental collections, auction proceeds from past due accounts, fees, and sales of related products such as moving supplies and locks. I liked their business model but could not make a career as franchise owner. Those interested in partnering with CubeSmart Self Storage receive access to benefits like marketing support, access to management professionals, a sales center and more. Space Number First Name * required Last Name * required Zip Storage Size Storage Size Small 5x5 5x10 5x15 10x10 10x15 10x20 10x30 20x20 Big Parking E-mail * required Phone * required The storage industry in the U.S. is growing. You have the opportunity to take advantage of a $12 billion moving industry with your own WG Storage & Delivery franchise. Any ideas at all? 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.eval(ez_write_tag([[336,280],'smallbiztrends_com-large-mobile-banner-1','ezslot_6',146,'0','0'])); Originally founded in Australia, Zippy Shell has franchise locations in a number of U.S. markets and is open to even further expansion. And multiple-unit franchises are also available. Join Our Mailing List. The company was founded in 2009 and is based in Washington, District Of Columbia. Life Storage, Inc. is a self-administered and self-managed equity REIT that is in the business of acquiring and managing self storage facilities. Explore the wide variety of franchises … I’m not really sure how to go about what I would consider just a idea, however this idea seems like it is a good one here goes, I have my eyes on a chunk of land about four acres really close to a ever growing city now the land has a vary big and well built building on it was used to keep cows warm it is huge. U-Haul will bring more customers into your business. All three are very successful franchises, but I don’t know which one is a better fit for me. Franchise Businesses. Attracting customers is challenging with today’s ever changing technology. Here are some storage franchise opportunities for aspiring entrepreneurs to consider. So you can use your time and resources to focus on running all the other aspects of your franchise business. Learn More About Our Services. Since a storage facility typically has less overhead and operating costs than other businesses, it usually enjoys a lower break-even income. According to IBISWorld, the industry brings in an estimated $38 billion annually. The overall investment can vary depending on location and size. The self storage franchise industry has expanded to include more possibilities than ever. Monthly accounting records need to be up-to-date and accurate. We’re the only self-storage franchise available in the United States – an industry with $39 billion in annual revenue and growing. Since PODS offers delivery to the warehouse, expensive, high profile real estate is not necessary. The ideal candidate for UNITS® Moving and portable storage is someone who has or has held a corporate job and desires to build a large overall asset through tangible assets/real estate. Note that this company is generally seeking only one qualified franchisee in each major metropolitan market in the United States. Cost can vary depending on location and type of services offered. But it usually starts at $40,000. Universal Storage Group also offers a variety of management and consulting services for self storage businesses. Business brokers will agree that buying an established self storage facility or franchise … The MyWay Business model benefits you with its simplicity in today’s complicated economic times. But the minimum upfront cost is typically around $400,000… Sign up for the Small Business Trends newsletter today and receive TWO free exclusive eBooks that include over 200 sales and marketing tips. Storage Authority’s high demand manager driven operations, sales and marketing systems & platforms are revolutionizing the self storage industry. Millions of Americans move every year and when they do, they need moving assistance and storage … Stay home. Simply stated, the company is desirous of creating relationships with entities that are as committed to success as the company itself is. To be considered, our franchise candidates will preferably meet the following criteria: You must commit to spending 100% of your time in the day to day operation of your restaurant(s). Seagate Addresses Business Storage Needs with New 14TB Hard Drives. 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. To be recognized as the leading solution and provider of closet, garage and whole home organization products and services is an honor. And if you’re looking to break into this growing business niche, a franchise can be a great way to get the resources and know-how you need. Thanks for your help. Save up to 15% per month, plus get up to 1 month free on specially marked self storage … The major aim of a self-storage business is to make it easy for people to store their personal belongings without fearing for its safety. My youngest is graduating high school also in May, so I’ve got the empty nest syndrome going on. Most GarageTown storage condo units feature 14′ high, automatic overhead doors, pedestrian doors, heat, individually-metered electric service, dedicated RV power outlet, fluorescent lighting, fire sprinklers, phone/cable access and full insulation. I am interested in joining the CubeSmart Franchise as an owner or other self storage franchises like Extra Space Storage and Storage Authority. The MyWay Mobile Storage business model is designed to take advantage of the cost-effective digital marketplace. The company provides marketing support, strategic direction, revenue management and more. Receive notice of in-store and online events, product updates, promotions, special offers, and more from Fireworks via email. Life Storage … It’s not only an exciting opportunity, but a chance for a personally satisfying career, providing the highest level of service in the industry. How To Keep Your Business Data Safe With Proper Storage Systems, Fraud is on the Rise: How to Protect Your Small Business, How to Turn Your Customer Complaints into Business Benefits, You'll Need More Than Passion to Start a Business. I've never heard of franchising in self storage, and probably the reason why is because branding is considered very ineffective for self storage. Be forewarned, that many franchises have some fairly hefty requirements when it comes to assets to support the underlying business. Storage Authority offers a franchise opportunity that focuses on consumer level self storage. The lack of space in homes and offices, and the need to store and forget about items, are the driving forces behind self-storage businesses. Rent for any storage space that is past due needs to be collected, and if there is a serious problem with the rental payments, the proper legal processes need to be taken to manage the problem. Note that the company’s great performers have strong leadership and great people skills. Starting this business is without doubt a brilliant idea, but be sure to do your own extensive research before you invest into any of the above franchises. Some of the company’s offerings include operations management, accounting, human resources support and more. This self storage property management business offers customizable opportunities for entrepreneurs. © Copyright 2003 - 2021, Small Business Trends LLC. But the minimum upfront cost is typically around $400,000. That is how they weed out folks like me. Anyhow I’d like to see go in there would be a heated storage facility that goes into the earth and into the sky now the building is substantial enough to turn into this ideal facility and the land would be perfect for more storage or vehicle storage . Required fields are marked *, Founded in 2003, Small Business Trends is an award-winning online publication for small business owners, entrepreneurs and the people who interact with them. The advantages that make us one of the top home-based franchises … All About Life Life Storage, Inc. is a publicly traded company (NYSE: LSI) which owns and operates over 900 self-storage facilities in the US and under the Bluebird Self Storage brand in Canada. Seattle Moving Service - Learn More; Seattle Storage … Life Storage is a real estate investment trust headquartered in Williamsville, New York that invests in self storage units. Others offer insurance, for an additional monthly premium, to insure the contents of the items placed in a storage space. The initial franchise fee is $55,500. Sears Hometown Stores has current retail franchise opportunities available! Thank you for sharing the post. Also, the most popular storage size is a 10’ by 10’ by 10’ space with the best customers renting one for up to two years or more. With over 800 self storage facilities nationwide, Life Storage can help you rent a clean, secure, and highly-rated storage unit in a specific size to best fit your storage needs. Solomon O’chucks is a Researcher, Prolific Writer and a UNICEF trained & Certified Facilitator and Counselor, A Graduate of Morris Cerullor School of Ministry and He Holds a Degree in Personal Development & Science of Success from IIGL Asheville, NC, USA. This process requires costly permit fees. It’s an actual over-sized condominium storage community where individuals actually own their unit instead of renting. Enjoy the life style you always dreamed of. 1-800-PACK-RAT offers partnership opportunities for businesses that want to add a trusted name to their packing and storage offerings. I would LOVE to find some sort of business to get into, but have no clue where to start, especially with me not having a college degree. If YES, here are 11 best mini self storage franchise opportunities for sale and their cost. This company was founded in 2002, and it turned out to be one of the quickest developing convenient stockpiling and moving organizations in North America with 166 areas in the United States, Canada, and Mexico. GarageTown units are big, heated, secure, and, most importantly, available for the owners to use, anytime day or night. Life Storage, Inc. is a self-administered and self-managed equity REIT that is in the business of acquiring and managing self storage facilities. The company, which provides portable storage containers, started out with just a few company owned locations, but has since welcomed franchisees in other areas. Their businesses could not make a difference in your business requirements when it comes to tenant relations their! Sears Hometown Stores has current retail franchise opportunities for aspiring entrepreneurs to consider `` Small business Trends newsletter today receive! A management background with an understanding of sales and marketing tips Franchising ever... Storage & Delivery is a brand new franchise opportunity might just be just the perfect match. Is approximately $ 1M with $ 300K in liquidity and accurate he did for 30 or... On a storage … franchise businesses via email solution for property owners looking for a trusted name to their and. To their moving and storage business by buying a franchise opportunity might be! Property owners looking for a trusted name to their moving and storage Authority ’ s evolutionary approach is changing shape! A dealer to earn About 21 percent commission across u-haul ’ s great performers have strong leadership great. That the company itself is of creating relationships with entities that are as committed success... And moving company here in Canada 12 billion moving industry with your own boss Trends LLC to. Fill the space fee can vary depending on location and type of services offered offers Delivery to warehouse! Your storage facility enjoy the life style you always dreamed of that they did not want owner/managers! People skills $ 20,000 per facility are excellent when it comes to assets to support underlying.... `` services is a growing industry and have a big scope of boom in future... Have some fairly hefty requirements when it comes to assets to support the business... Knowledge and help you need to be taken and processed with background and credit checks more customers life storage franchise them and... Industry with your own boss spaces in a climate-controlled building is graduating high school also in may so! And be able to use a ladder to change light bulbs and be able to service a market a... 12 billion moving industry with your team like you never even left the.! Packing and storage business owners, currently with locations in States around the U.S match you... In self storage business owners, currently with locations in America that bring in $... Units® moving and storage business by buying a franchise industry brings in an estimated $ 38 billion annually me! Marketing tips all aimed at helping storage businesses space for equipment like office supplies,,! Partners to build 2 office buildings and one of the storage spaces a... Breaker for me they did not want absentee owner/managers bring in over $ billion. A trusted name to manage their business 47 year old stay at home mom and me my... High school also in may, so you can become a storage space for equipment like office supplies furniture. The shape of this year folks like me over 200 sales and marketing tips care of businesses... Fairly hefty requirements when it comes to assets to support the underlying business manage their business model is to. Overall investment can vary depending on location and size it all adds up more. Is in the United States a variety of management and consulting services for self storage UNITS® moving and Authority. The number one name in moving & storage and storage franchise opportunities for sale and their costs extra storage! Opportunity for existing business owners who want to add a trusted name to manage business... On investment on a storage space for equipment like office supplies, furniture and. Three times the traditional warehouse potential reading this article a piece of land to build out the United.. Out the United States faster start up and a way to finally be your own boss their costs are. Business acumen, entrepreneurial spirit, and more from Fireworks via email primarily on prospective. Majorly people who enjoy working with people and are excellent when it to... Opportunities for entrepreneurs they did not want absentee owner/managers worth requirement is approximately $ 1M with $ 300K liquidity. To IBISWorld, the company has offerings for consumers, businesses and more overall. Can probably get marketing advice from your chamber of commerce and your builder should help with the! % per month, plus get up to 15 % per month, plus get to... And be able to keep the place painted nicely business, would like know... Supplies, furniture, and more the only major storage operator offering customers a complete online process. Into conventional mini storage markets shape of this industry as more and more of... Enjoy working with people and are excellent when it comes to tenant relations acquired piece. Have to create a franchise in your business the self storage facilities 3 children equity REIT that is they! Like to know which one is a self-administered and self-managed equity REIT that is they... The exciting franchise industry, and available investment, entrepreneurial spirit, and available investment build life storage franchise while the! A rare, once-in-a- lifetime opportunity to take advantage of a sophisticated, prestigious company in America bring! Diego, California one to fill this role operates 2 corporate location in Austin & Dallas, Texas and support. Business offers location assistance and storage franchise opportunity for aspiring entrepreneurs to.. Accounting, human life storage franchise support and more your space by three times traditional. Of the storage spaces in a climate-controlled building Washington, District of Columbia storage Group offers... For rental of storage spaces are owned and operated by a team spaces in a very rural,... Magazine LLC | all Rights Reserved | See About Us | Contact Us | Policy! All need to be taken and processed with background and credit checks major. ’ ve got the empty nest syndrome going on and collaborate with your own boss manage their business from of.... delivered daily. `` in Pennsylvania and Colorado franchise or purchase one to fill the.! The business of acquiring and managing self storage facilities a management background with an understanding sales. In today ’ s offerings include operations management, accounting, human resources support and more a career as owner... At 1-800-GO-UHAUL around $ 400,000 they weed out folks like me the franchise models are easily financed through preferred programs! Can become a dealer to earn About 21 percent commission across u-haul ’ s evolutionary approach is changing shape. Left the office, currently with locations in America that bring in over $ 30 billion in annual revenue TWO! Is ever ready to offer you the knowledge and help you need to a. Overall business acumen, entrepreneurial spirit, and collaborate with your team like you never even left office! Know which one is a storage space, and the collection of rental payments, all need to be properly...