Franchise Leadership & Development Conference, Franchising Express Weekly Featured Franchises, Multi-Unit Franchisee Customer Experience Report, Multi-Unit Franchisee Service Brands Edition. Required fields are marked *. We have the secret sauce. After many years in retail, I have found Life Storage to be the best place to work at. Small Business Trends is an award-winning online publication for small business owners, entrepreneurs and the people who interact with them. This nationwide company is one of the fastest, Are you tired of the 9-to-5 grind? How to Choose the Best Storage Franchise Business in 2023. Each time the phone rings, your potential customers are served by our highly trained call center representatives. But thank you. Some of the services these types of franchising opportunities offer are packing or moving help for when families or individuals relocate, and storage capabilities for a range of possessions from furniture to cars. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. Most often, a low land price means there is a problem that will require great site-development expenditures. Life Storage gives employees the tools to successfully cultivate individual talent while maintaining and supporting a team environment. This self storage property management business offers customizable opportunities for entrepreneurs. Being a Storage King owner allows you access to this fast growing industry, while being cared for by an industry leader. Need a place for that huge RV or that precious classic car? Do you want to start a storage unit business and want to know the cost? As you might imagine, it takes a lot of good people to make it happen. How to Find, Vet and FUND a Good Franchise (Webinar), Buying a Franchise on Your Own Can Be Overwhelming, nearly 60 million square feet of self-storage space, How to Find, Vet & FUND a Good Franchise. Urbanization is also contributing to the upward arc of storage, as more of the population fits into the confined space of cities. Life Storage, previously Uncle Bob's Self Storage, has more than 750 self storage facilities spread out over 28 states. 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. More than anything, I appreciate that Life focuses on our quality of life. Great - let's find it for you! Their business may seem relatively old-fashioned and grounded in the physical world, but a high proportion of their customers are millennials, who are more used to storage units as a fact of life, and who expect to be able to run their lives through smartphones, apps, and interactive websites. Next post: FDD Talk: How Much Does a Great American Cookies Franchise Make (Average Revenues and/or Profits)? 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. Im interested in setting up a self storage business, would like to know which company is a better choice? 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. We make every effort to make our workplace rewarding, inclusive and challenging for over 2,000 employees. And if youre looking to break into this growing business niche, a franchise can be a great way to get the resources and know-how you need. As you might imagine, it takes a lot of good people to make it happen. Franchises Available? We provide the guidance, systems and a powerful network of owner-operators where success is a priority. From starting as a Store Manager, to my current role as a Multi-Store Lead Manager, Ive been met with continued support and growth. Originally founded in Australia, Zippy Shell has franchise locations in a number of U.S. markets and is open to even further expansion. Phone number: 5-foot by 5-foot, 5-foot by 10-foot, and 5-foot by 15-foot storage units, 10-foot by 10-foot and 10-foot by 15-foot storage units, 10-foot by 20-foot, 10-foot by 30-foot, and 20-foot by 20-foot storage units. Simply choose one of the businesses advertised below for more information. Rural location centers: $206,423 - $459,136 2. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. A simple system that. A potential business owner doesn't need special experience to own a self storage franchise besides a good set of business skills. "I can't say enough good things about Denise and how she helped my brother and me. Reminder: Your username and password are case-sensitive. Zippy Shell Moving and Storage offers both portable storage and moving services. ", "I particularly want to commend the gentlemen at your storage in Ballwin (after it changed from EZ Storage) for outstanding customer service during my last 2-3 months. Interested parties should have at least $800,000 in liquid capital to invest. $35,000. ClosetBox is a full service storage business, offering services like pickup, security and delivery. We provide, A professional company with 23 years of experience offering investors an opportunity building a business in the expanding, worthwhile and respected space of health and wellness offerings. Operating costs will also increase if the units are climate-controlled. The cost of construction will also depend on the unit's amenities, such as if the unit is climate controlled. LEARN ABOUT STORAGE AUTHORITY FRANCHISING AND GET OUR CEO'S BEST SELLING SELF STORAGE DEVELOPMENT BOOK. We are not engaged in, supporting, or endorsing any specific franchise, business opportunity, company or individual. All rights reserved. Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, District Of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Missouri, Mississippi, Montana, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, West Virginia, Wyoming. Minimum Net Worth: $500,000. Garage organization products are expected to post the fastest gains in the industry, rising by up to 7.5% per year.*. For entrepreneurs considering franchising opportunities, few industries are as appealing as the self-storage space. This information is not intended as an offer to sell, or solicitation to buy a franchise. Copyright 2003 - 2023, Small Business Trends LLC. The storage and moving containers are loaded onto a Zippy Shell truck for transport. You can rent your storage unit here on our website, get your facility access code and go right to your space. As such, they offer more advanced systems and technologies than the average independent self-storage business. We arrived at her office right at closing, anxious to drop of our other brother's trailer before returning to Phoenix. Without a great team, Life Storage wouldnt be the company it is today. Find out how you can start your own business today with the self storage business opportunities available at Franchising.com. This franchise opportunity allows you to teach soccer to preschool children. Life Storage has a number of choices that will address your needs. 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. Thank you for sharing the post. Storage Authority provides you with proven systems, platforms, and experience you need for a successfulmanager driven system. This is the model that many franchises have adopted, providing customers with the flexibility they need to deal with a complicated and busy moment in their lives. Initial Franchise Fee. Cars, boats, trailers, motorcycles and RVs - Life Storage has a place for it! We offer 50+ years of self-storage and franchise experience including design, construction, operation and ownership. According to The Self-Storage Expense Guidebook, operating costs for storage units average $3.78 per square foot. 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. Storage unit franchises are part of the storage and warehouse leasing industry, which has seen strong growth in recent years. Our goal is for you to have a lifestyle and growth business we believe is second to none. The average franchise business will cost $150,000, according to Franchise Business Review data. By continuing to use this website you consent to the terms of our privacy policy. Need help? Request free information and we will give you a call! Deka Lash is evolving the beauty industry, combining an alluring and energetic vibe with a focus around ultimate customer satisfaction. Will you be visiting your space frequently to load and unload belongings? 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. Life Storage, Inc. is a publicly traded company (NYSE: LSI) which operates over 1,200 self-storage facilities in the US. You have reached the maximum of . Little Kickers. Some of the companys offerings include operations management, accounting, human resources support and more. Traditional Locations: $240,959 - $508,472*. You also agree to our Privacy Policy & Terms of Use. 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. The Franchise Agreement provides an area of protection. Owning a storage unit can be a great business, but its important that you know all the related costs it would require so that you know how to make your budget and source for capital. But the minimum upfront cost is typically around $400,000. 7 (Tues.), 4 p.m. EST, Register Now to Get Free Access to Recordings of Both Webinars. Our heaps of possessions cant always fit into our homes, but that doesnt mean that we want to let them go. I will have to create a franchise or purchase one to fill the space. Initial Investment . Customers also have the option of packing a container and having the company come get it and place it in their safe and secure Go Minis facility. Life Storage, Inc. is a self-administered and self-managed equity REIT that is in the business of acquiring and managing self storage facilities. Self storage businesses offer security and peace of mind for consumers needing a dependable place to store their belongings. Learn more about drive-up storage for your vehicle and see if this is an important feature for you. 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, Im just curious to know what do I need to do to get this idea established. Maximizing net-leasable coverage on the site is dependent on factors such as zoning setbacks, easements, utilities, building-code compliance requirements, and the topography and actual physical layout of the site. We had an opportunity for a closer storage area. We want you to grow with us and have several different programs in place that allow you to do just that! The company provides marketing and customer service/sales support for franchisees. The accounting team is made up of more than 30 professionals overseen by three CPAs who have a combined 30 years experience with a focus on self storage. 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. We own self storages we designed, built and manage. This is a growing industry with plenty of money to be made. Your email address will not be published. Check out the Life Storage blog to see how we reach our customers and communities by providing valuable insight and advice. Units Moving and Portable Storage is an American moving and storage solution franchise. The remaining development costs vary only slightly except for the cost of financing and interest carry. Extra Space Storage is our #1 self-storage company. Your properties are in good hands with the experienced people and systems employed by Life Storage Solutions. Call Life Storage toll-free 24 hours a day. When the store office is closed, rentals don't stop. Storage units also provide an ideal solution for people moving house. UNITS Moving and Portable Storage A moving and storage franchise business, UNITS currently has open territories in metropolitan areas across the U.S. Here are the high-end franchise investments for Entrepreneur Magazine's Top 25 Franchise Brands in 2021: Taco Bell - $3 million Dunkin' - $1.7 million The UPS Store - $567,000 Popeyes Louisiana Kitchen - $2.6 million Culver's - $5.4 million Kumon Math & Reading Centers - $157,000 Jersey Mike's Subs - $804,000 Planet Fitness - $4.1 million By continuing to browse the site you are agreeing to our use of cookies. The trailer is low to the ground and features a pull-out ramp at the back for easy loading and unloading. For more than 30 years, Life Storage has helped hundreds of thousands of customers with their storage needs. Many Life Storage facilities offer climate controlled storage, as well as other environments that help protect your valuables over time. 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. Best Empty Warehouse Business Ideas to Start in 2022. Franchise. 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. We're willing to work with you to make sure your vision of your property comes to fruition. Cost can vary depending on location and type of services offered. Self Storage Franchise Cost While starting business you should look for self storage franchise cost: Plan your Business: How much cost you should need How much you need cost for ongoing expense To find the target market Profit Charges for customers Fill forms and Entity: Bussiness structure like Corporations, LLC's, and DBA's Not just a great company to work forbut an even better one to grow with! This website is designed for and targeted to U.S. audiences and is governed by and operated in accordance with U.S. laws. At Life Storage, we want storage to be easy for you and appropriate for the things that are important to you. While costs range from less than . Are you looking for an arrangement that improves financing options? Initial investment: 50,000. Anytime Fitness makes wellness approachable for millions of members and gives franchisees the opportunity to be a part of a worldwide family of. The cost of entry varies greatly, by both the segment you choose and the franchise brand you select within that segment. Great hours, benefits, and a dynamic workflow. Big Box Storage is a storage and moving company based in San Diego, California. Related: 29 Careers in Sports (With Duties and Salaries) 21. According to IBISWorld, the industry brings in an estimated $38 billion annually. Storage containers can stay on-site or then be picked up and stored at a UNITS secure indoor storage facility. Your marketing is very essential to the success of your business so there is no room for scrimping on dollars. Great - let's find it for you! Its not always possible to move all your possessions direct from one home to the next, and storage units are somewhere for them to live in a transitional period, while youre in temporary accommodation, or if your new home cant fit everything in. Demand for the industrys services stayed strong, while profit as a share of revenue reached its highest level since 2002. Free shipping over $25, or pick up in store today! 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. Also available for long-distance moves is the Zippy Shell trailer that is 10.5 feet wide, 11 feet high, and 22 feet long from the hitch to the back. 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. You can be confident in our ability to manage your properties by focusing on the fundamentals of marketing, pricing, cost control, and property upkeep. Exclusive territory. We do not share your phone number with anyone other than the specific businesses you are interested in learning more about. 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.. 12 best low-cost franchises for aspiring business owners 1. PODS Portable Storage Units Last updated on April 25, 2022 by Franchise Chatter Leave a Comment in Franchise Chatter Hot List, Storage Franchise. Initial Franchise Fee Leasing is month-to-month and customers must purchase insurance to protect their belongings. The company provides marketing support, strategic direction, revenue management and more. Their possessions regularly go into storage to be sorted at a later date or passed on to a future generation, and the lack of urgency in dealing with these possessions can make them a long-term source of storage revenue. Certificate but never worked much bc, like I said I was a stay at home mom with my 3 children. Life Storage Solutions brings you the distinct benefits of our size and scale as a national leader in self storage. Cruise Planners Franchise fee: $10,995 Initial investment: $2,095 to $23,367 Interested in owning a travel company? Other items are available for you to purchase from us, but are not mandatory. Since 1945, U-Haul has been the No. Storage companies are useful for a wide range of clientsfrom residential movers to [] The cost of construction will also depend on the units amenities, such as if the unit is climate controlled. The franchise fee to open a MyWay Mobile Storage unit is $50,000. 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