It has more than 1,000,000 units at nearly 2,000 locations across the country, so it's easy to find. Many Life Storage facilities offer climate controlled storage, as well as other environments that help protect your valuables over time. Franchisees can expect to make a total investment of $460,022 - $1,008,322. Copyright 2023 Profitable Venture Magazine Ltd | All Rights Reserved | See About Us | Contact Us | Privacy Policy | Disclaimer. You decide if you are looking for a lifestyle business or a growth business. We have learned self storage from the trenches. You can rent your storage unit here on our website, get your facility access code and go right to your space. My youngest is graduating high school also in May, so Ive got the empty nest syndrome going on. Life Storage has a number of choices that will address your needs. 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. From starting as a Store Manager, to my current role as a Multi-Store Lead Manager, Ive been met with continued support and growth. UNITS' proprietary technology allows franchisees to pick up and deliver containers without disturbing the contents: safely, efficiently and with less cost than competitors. Your facilities gain the benefit of: Whether inquiries for storage come by phone, the web, or walk through the door, you know that every one is an opportunity for your business. I am a 47 year old stay at home mom and me and my fiance will be getting married in May of this year. Urbanization is also contributing to the upward arc of storage, as more of the population fits into the confined space of cities. Click here for free info on successful self storage franchises for sale. National alliances Join the Fastest Growing Segment in Beauty. 3) Recurring Fees: In addition the franchise fee and your initial startup costs, all franchise companies charge ongoing fees in exchange for a host of benefits you'll receive as a franchisee. Unit Count: 100-plus. The initial franchise fee is $55,500. But thank you. Storage Authority is the only self-storage Franchise in the US and ready to help you get started today! A drive-up accessible space allows you to do this with just a few steps from your vehicle. Cash Required: $175,000 Request Info Learn More. The high price of urban space means that businesses are increasingly considering off-site storage as well, to reduce their rental costs. 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 I already have my own moving company here in Canada. In 2012, the company converted into a . Franchise. 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. 12 best low-cost franchises for aspiring business owners 1. Ive been a proud member of the Life Storage family for over 11 years. We own self storages we designed, built and manage. 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 . This franchise opportunity allows you to teach soccer to preschool children. 1-800-PACK-RAT offers partnership opportunities for businesses that want to add a trusted name to their packing and storage offerings. We offer lot parking for most vehicles, as well as covered parking and indoor storage options at select storage facilities. 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. If youre a new business (as you obviously are since you are still thinking of your startup costs), youll need to attract customers. A potential business owner doesn't need special experience to own a self storage franchise besides a good set of business skills. To add more franchises, please uncheck selections in your request info basket. 5. Call Life Storage toll-free 24 hours a day. In recent years, this field has enjoyed intense and consistent growth across North America: By 2025, experts project the global self-storage market will reach over $115 . We employ over 2,000 people nationwide, and our team is growing every year. Simply choose one of the businesses advertised below for more information. Deka Lash is evolving the beauty industry, combining an alluring and energetic vibe with a focus around ultimate customer satisfaction. Go Minis offers portable storage containers they deliver to any home or business for temporary on-site storage solutions when needed, such as during a home renovation project. Or browse additional retail franchises at Franchising.com. Yes . 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. The you've inquired to will contact you shortly. 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. Rural location centers: $206,423 - $459,136 2. 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. While costs range from less than . With the latest storage sales training techniques and space availability and pricing at their fingertips, the Life Storage call center is ready to deliver the rentals your stores may be missing. Life Storage, Inc. is a self-administered and self-managed equity REIT that is in the business of acquiring and managing self storage facilities. Your email address will not be published. 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. Life Storage blew my mind - the facility was unbelievably clean and well managed, the staff were amazing, and all your systems were spot-on. We go the extra mile to provide security measures that help keep your belongings safe while in storage. 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. Here is TOP 10 Storage Unit Franchise Business Opportunities in USA Go Mini's Founded in: 2002 Franchising since: 2012 Franchise units: 87 Initial investment: $224,604 - $453,000 Initial Franchise Fee: $45,000 Royalty Fees: 8% Ad Royalty Fee: 2% "I can't say enough good things about Denise and how she helped my brother and me. If you are interested in finding more value in your storage properties, the first step is Revenue Management. *. Extra Space Storage offers a third party management solution for property owners looking for a trusted name to manage their business. The storage industry in the U.S. is growing. Either choice we develop a plan just for you and your busy schedule. Life Storage Solutions brings you the distinct benefits of our size and scale as a national leader in self storage. Free shipping over $25, or pick up in store today! Check out the Life Storage blog to see how we reach our customers and communities by providing valuable insight and advice. And multiple-unit franchises are also available. 2023 Franchise Gator. The average franchise business will cost $150,000, according to Franchise Business Review data. Your properties are in good hands with the experienced people and systems employed by Life Storage Solutions. Startup Costs: $342,804-$662,704. If you have $1,000,000 to $3,500,000 available in cash, check out our FAQ's and you'll be ready to talk with us and to apply. For entrepreneurs considering franchising opportunities, few industries are as appealing as the self-storage space. 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. Even during the packing process, these make more space to maneuver, as belongings can be boxed and sorted into the unit instead of piling up in the house. We encourage collaboration throughout all departments, so you have the opportunity to work with people outside of your team toward a common goal. Those running storage unit franchises need to have a strong understanding of how to market and run a business digitally, and to ensure that operations in physical space line up with expectations set online. The initial franchise fee is $55,500. As baby boomers downsize their way into retirement, theyre adding to the business of storage units. Life Storage has been rated 4.9 out of 5 based on 43,266 reviews View customer testimonials. You don't need to consent as a condition of any purchase. Franchise Fee: $59,950. Great hours, benefits, and a dynamic workflow. Our ideas are heard and met with opportunity to implement new concepts within our company. If you already have the plans for your building and it includes the storage units why get a franchise. There are four ways for you to launch a Storage Authority business and we have the answers you need, regardless of the option or the combination of options -- thats right for you: Owning a Storage Authority franchise will provide you with a unique and proven business that will empower you with essential resources, that will not only place you on a level playing field with the REITS and mom & pops but will enable you to surpass them as you retain 100% control of your facility. ", Scott H. Storage Authority Franchise Owner, Mulberry, FL, Copyright 2020Storage Authority ), she didn't turn us away. The consent submitted will only be used for data processing originating from this website. Ever. Public Storage forecasts same-store NOI growth of 9.4% to 11.9% in 2021 versus the previous year. The remaining development costs vary only slightly except for the cost of financing and interest carry. When a container is delivered, customers can take up to three days to pack it up. For customers moving locally or long-distance, UNITS will deliver the container(s) to the new location on the day determined by the customer. Our company leverages international partnerships with wholesale suppliers and uses an in-house, ComForCare is a top-ranked, leading home care franchise whose brand is synonymous with quality care, innovative care programs, and recognition for building a top caregiving culture. Will you be visiting your space frequently to load and unload belongings? All Rights Reserved. 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. Are you looking for an agreement which has future exit strategy options? TODAY CAN BE YOUR FIRST STEP TOWARD THE LIFESTYLE YOU DESERVE! 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. SOURCE: Franchises Available? Franchising.com is your only destination to find information, news and buyer advice for all things franchising. By continuing to browse the site you are agreeing to our use of cookies. Franchise Chatter is reader-supported. I was very impressed with your storage, clean, safe, bright. To select the best size, start by counting your boxes and belongings and then check out our Storage Unit Size Guide or Storage Unit Size Estimator tool to determine what will fit you best. Is Franchising a Path for You? This nationwide company is one of the fastest, Are you tired of the 9-to-5 grind? The features you choose will be important for the valuables you will store and the convenience of accessing them in the months ahead. Zoho Desk Delivers Highly Contextual and Conversational Customer Service Experiences, Seagate Addresses Business Storage Needs with New 14TB Hard Drives, How To Keep Your Business Data Safe With Proper Storage Systems, "Team Pipelines" Have Arrived to CRMs: Here's What Small Businesses Need to Do. You have reached the maximum of . At FranchiseDirect.com, you'll find the best self storage franchises in our comprehensive franchise directory. You shortly your needs considering off-site storage as well as covered parking and indoor storage options at select storage.... A condition of any purchase to three days to pack it up Reserved | See About Us | Contact |. Toward a common goal steps from your vehicle a plan just for you your! Make a total investment of $ 460,022 - $ 1,008,322, are you tired of the population fits into confined... High school also in May, so it & # x27 ; s easy to find,! Been a proud member of the Life storage facilities have the plans for your building and it the! N'T need to consent as a national leader in self storage facilities days to pack it up is growing year... We offer lot parking for most vehicles, as well as other environments that help your... Nationwide company is one of the population fits into the confined space of cities upward! Which has future exit strategy options in the Us and ready to help you started! 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