Review our cookies information for more details. Franchising.com is produced by Franchise Update Media. Storage Authority is the only self-storage Franchise in the US and ready to help you get started today! For that ever-growing group of customers who would rather click than call, you can rest assured they will find lifestorage.com easy to navigate and ready to take their storage rental. As such, they offer more advanced systems and technologies than the average independent self-storage business. Check out the options we offer for vehicle storage. Being a Storage King owner allows you access to this fast growing industry, while being cared for by an industry leader. The federal government has recently released a series of guidelines covering this sector, and anyone working in the industry needs to make sure that they understand the regulations applying to their work. Your email address will not be published. Are you looking for an agreement which has future exit strategy options? View Facility Get Directions Trusted. Again, this variance is dependent on land, construction, and cost of financing. No statement in this site is to be construed as a recommendation. You have reached the maximum of . Made a storage space reservation at Life Storage? 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. This website is designed for and targeted to U.S. audiences and is governed by and operated in accordance with U.S. laws. Fielding over 50,000 calls per month, seven days a week 24 hours per day, you will find no team better prepared to turn inquiries into customers. When you have Life Storage behind you, you can be confident that no opportunity is missed. But it usually starts at $40,000. Storage Authority provides you with proven systems, platforms, and experience you need for a successfulmanager driven system. Anyhow Id 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 . But THANK YOU!!". Help people simplify their life by opening a franchise that hauls away all the junk. Great hours, benefits, and a dynamic workflow. 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. Other income is derived from late fees, retail sales, administrative fees, truck-rental commissions, etc., and usually accounts for an additional income of 5 percent. Ever. Reminder: Your username and password are case-sensitive. Storage containers can stay on-site or then be picked up and stored at a UNITS secure indoor storage facility. Check out the Life Storage blog to see how we reach our customers and communities by providing valuable insight and advice. It's a proactive workplace that keeps me occupied and I can take pride in being part of this company. . Storage units also provide an ideal solution for people moving house. We encourage prospective franchise buyers to perform extensive due diligence when considering a franchise opportunity. The typical self-storage development cost ranges from $34 to $42 per gross building square foot. Franchising.com is your only destination to find information, news and buyer advice for all things franchising. You decide if you are looking for a lifestyle business or a growth business. Box 20547San Jose, CA 95160PH. Startup franchise costs vary based on the type of center you're looking for, the size of the location and where the center is located. Learn more about Life Storage security features and put your mind at ease! The Storage Authority Propriety Dynamic Ease Series including Finding Land, Development, Operations, and Marketing allows you to be the local hometown premier self-storage facility. Little Kickers. 100% financing for U.S. citizens who qualify* plus software package with complete training. 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. This information is not intended as an offer to sell, or solicitation to buy a franchise. In 2020 and 2021, as COVID-19 wrecked the economy, the storage and warehouse leasing industry actually saw growth. Flexibility. We do not share your phone number with anyone other than the specific businesses you are interested in learning more about. Here are some storage franchise opportunities for aspiring entrepreneurs to consider. And multiple-unit franchises are also available. The storage industry in the U.S. is growing. 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. If you believe that 7-Eleven is here to stay (it's difficult to conceive of a world without one, after all! U-Haul offers a unique opportunity for existing business owners who want to add the U-Haul name to their moving and storage offerings. With ShelfGenie I am able to create things and transform experiences with clients. Storage Authority helps busy professionals like you make a lucrative self-storage income and retirement nest egg, while you can continue your career. An example of data being processed may be a unique identifier stored in a cookie. By continuing to use this website you consent to the terms of our privacy policy. No spam, just good, helpful information for aspiring entrepreneurs. I myself feel EZ Storage is not bad but its not on the list.Do you have any experience that can share with me? 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. Life Storage. Units Moving and Portable Storage did not rank on Entrepreneur's 2021 Franchise 500 list. You may have to invest more time and money into marketing than with some other businesses, and the backing of a franchise can help. Estimated Initial Investment How Much does a Units Franchise make? Get more information on earnings, costs, training, and more! Franchises For Preppers The franchise opportunities listed above are not related to or endorsed by Franchising.com or Franchise Update Media Group. The opening costs for prospective moving and storage industry franchisees can depend on many factors, including but not limited to: the business system and execution requirements, the size of the territory the franchisee desires, whether the franchisee is opening a physical . Check out our starting prices in our most popular cities or just use our search below to find prices closer to you. The challenge is finding a space in the market when faced with strong competition. Interested parties should have at least $800,000 in liquid capital to invest. We have the secret sauce. The company website currently lists 48 locations (up from the last known reported total of 42 in 2017). The initial franchise fee is $55,500. However, the building costs vary only slightly compared to the variable costs of the land and site development. Leasing is month-to-month and customers must purchase insurance to protect their belongings. Traditional Locations: $240,959 - $508,472*. Life Storage, Inc. is a self-administered and self-managed equity REIT that is in the business of acquiring and managing self storage facilities. 1-800-PACK-RAT offers partnership opportunities for businesses that want to add a trusted name to their packing and storage offerings. 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. Or browse additional retail franchises at Franchising.com. Thats why nearly 60 million square feet of self-storage space were completed in the US in 2020, and why construction spending on self-storage increased by 584% from January 2015 to January 2020. The franchise fee to open a MyWay Mobile Storage unit is $50,000. Franchise Details: Founded: 1998 . From starting as a Store Manager, to my current role as a Multi-Store Lead Manager, Ive been met with continued support and growth. Fill out this form and a specialist from the Franchise Brokers Association will reach out to you. We had an opportunity for a closer storage area. If you are interested in finding more value in your storage properties, the first step is Revenue Management. We offer small, medium, and large storage unit sizes, plus parking spaces for vehicles. At Life Storage, we want storage to be easy for you and appropriate for the things that are important to you. * Requirements Franchisees can expect to make a total investment of $5,000,000 - $8,000,000. Learn more about drive-up storage for your vehicle and see if this is an important feature for you. All Rights Reserved. Extra Space Storage, another self-storage REIT, notched same-store NOI of nearly $770 million in 2020. Made a storage space reservation at Life Storage? More than anything, I appreciate that Life focuses on our quality of life. For 2021, the company predicts NOI growth of 13.5% to 15.5% compared with the previous year. . Each time the phone rings, your potential customers are served by our highly trained call center representatives. A moving and storage franchise business, UNITS currently has open territories in metropolitan areas across the U.S. Life Storage Solutions can offer you a complete menu of comprehensive Human Resources services provided by experts who not only understand the details of HR, but who know the ins and outs of working in the self storage industry. The trailer is low to the ground and features a pull-out ramp at the back for easy loading and unloading. This contact may be made using automated or pre-recorded/artificial voice technology. It provides storage ranging from individual lockers to whole container units and even outdoor spaces, including those mobile containers that prove so valuable in house moves. To reach him, call 860.830.6764, e-mail marc@storageauthority.com, visit www.storageauthorityfranchise.com. Any ideas at all? A fully mobile, recession-resistant franchise that is always needed. As baby boomers downsize their way into retirement, theyre adding to the business of storage units. Our mission is to bring you "Small business success delivered daily.". Can be operated from home. In this article, we are going to help you assess all the costs so you can plan your business appropriately and maximize your chances of success. Watch Our Webinar Live or the Recording Later, Find Good Franchises That Are Still AVAILABLE in Your Target Area (Free Tool), How Much Franchise Can You AFFORD? 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. Helps busy professionals like you make a lucrative self-storage income and retirement nest egg while! With U.S. laws the first step is Revenue Management an agreement which future! $ 50,000 this contact may be a life storage franchise cost opportunity for a closer storage area Mobile... 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