Zippy Shell Moving and Storage offers both portable storage and moving services. learn more Number of Units LESS THAN 20 UNITS Cash Required $100,000 - $250,000 Request a Consultation View Franchise Profile #2 RANKED FRANCHISE Hello Garage Check out the options we offer for vehicle storage. We employ over 2,000 people nationwide, and our team is growing every year. Normal site-development costs range from $4.25 to $8, but this again depends totally on the actual topography and physical layout of the site. 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. 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 chain offers clean, reliable, easy self-storage that comes with a 100% satisfaction guarantee. Closets By Design You want to look back on your life and say you have made a contribution to people. Franchise. 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. $35,000. Units Franchise cost ranges from $556,022 to $1,083,322 according to the 2019 FDD. Life Storage Solutions brings you the distinct benefits of our size and scale as a national leader in self storage. 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. When finished using the container, the company will come and retrieve it. View Self Storage Franchises. When a container is delivered, customers can take up to three days to pack it up. Your marketing is very essential to the success of your business so there is no room for scrimping on dollars. Demand for the industrys services stayed strong, while profit as a share of revenue reached its highest level since 2002. A self-storage facility with 40,000 net-leasable square feet, in a market with $9-per-square-foot annual rents, will hope to generate $450,000 in gross annual rents at 100 percent occupancy. We are quite proud of their recognition and appreciate our team's hard work and dedication to Life Storage. Total Investment: $128,310 - $448,285. A strong residential rental market will play a part, as people relocating from one rental to another, or without room for all of their possessions in their rental, seek a solution for their storage needs. We had an opportunity for a closer storage area. You may have to invest more time and money into marketing than with some other businesses, and the backing of a franchise can help. 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 Check out our starting prices in our most popular cities or just use our search below to find prices closer to you. 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. The Partner Experience portal gives you access to virtual presentations that detail how Life Storage management works. As more people work from home, theyre looking to create space by clearing out some of the clutter, without wanting to let go of their belongings. Please click here for detailed estimates of Units Moving and Portable Storage franchise costs, based on Item 7 of the company's 2021 FDD. Franchise offerings are made only by our Franchise Disclosure Documents. 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. 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. We and our partners use cookies to Store and/or access information on a device. Life Storage. Made a storage space reservation at Life Storage? The consent submitted will only be used for data processing originating from this website. 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. Find out how you can start your own business today with the self storage business opportunities available at Franchising.com. No need to stop into our office! Most often, a low land price means there is a problem that will require great site-development expenditures. If you spent $100 each month on a storage unit, that's $1,200 a year. They also offer financing via 3rd party. Yes . 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. *. 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. 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. 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 . Franchising.com is produced by Franchise Update Media. Life Storage has given me the opportunity to learn and grow within a field that I love. Chuck is a very good person to have running that site. Packages coming? To add more franchises, please uncheck selections in your request info basket. Combined efforts increase our purchasing power. ), you can join them as a franchisee. Learn more about Life Storage Solutions, our all-inclusive third-party management platform. 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. At Life Storage, we couple accounting controls with independent, on-site audits to monitor stores' compliance with legal and operational policies and procedures. He was very professional and treated the customer extremely well. Best Empty Warehouse Business Ideas to Start in 2022. 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. We're willing to work with you to make sure your vision of your property comes to fruition. We take it to a new level in self-storage with an RM team made up of the sharpest analysts in the business utilizing cutting edge systems. Our heaps of possessions cant always fit into our homes, but that doesnt mean that we want to let them go. Either choice we develop a plan just for you and your busy schedule. LEARN ABOUT STORAGE AUTHORITY FRANCHISING AND GET OUR CEO'S BEST SELLING SELF STORAGE DEVELOPMENT BOOK. Fill out this form and a specialist from the Franchise Brokers Association will reach out to you. Made a storage space reservation at Life Storage? This site uses cookies. If you are about to franchise, make sure you read this article because its really great and will help you out of your business when starting. 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. Our storage facilities offer daily access hours that extend from the early morning to late evening (even 24 hour access at some locations), and you will never need an appointment to access your things. UNITS Moving and Portable Storage offers both 12-foot and 16-foot weather-resistant containers, 8 feet high and 8 feet wide, with securely locking barn door openings (doors open outwards) that can hold up to 8,000 pounds of belongings. Our goal is for you to have a lifestyle and growth business we believe is second to none. Franchise Fee: This amount can vary, depending on the . If you already have the plans for your building and it includes the storage units why get a franchise. investment 30,000 +VAT Personal & Home Care Services Request information Tutor Doctor Min. The UPS Store offers a variety of location-types to fit the needs of our franchise owners. 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 Certificate but never worked much bc, like I said I was a stay at home mom with my 3 children. As baby boomers downsize their way into retirement, theyre adding to the business of storage units. 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. 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 As an owner, you have a truck and a . SOURCE: You can even keep your current career, if you choose. Since 1945, U-Haul has been the No. UNITS provides a turn-key start-up . The Company is also redefining the way corporate customers utilize self storage by being the first to offer an intelligent warehousing solution through its subsidiary, Warehouse Anywhere. Learn more now, CarePatrol was awarded 27 new franchise agreements in 2021, reaching systemwide revenue growth of nearly 50%. CarePatrol, Anyone can own a mobile Locksmith empire. That growth is expected to continue, with a predicted average annual growth of 2.02% for the self-storage market during the period from 2021 to 2026. It is for information purposes only. You can become a dealer to earn about 21 percent commission across U-Hauls product lines. Life Storage, Inc. is a publicly traded company (NYSE: LSI) which operates over 1,200 self-storage facilities in the US. Storage King has over 25 years of experience with over 200 stores trading and growing. 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. The franchises on this list were ranked according to the number of units in the franchise system. This self storage property management business offers customizable opportunities for entrepreneurs. investment 33,000 Whether your interests are just increasing value in your properties, accessing better financing, or developing an exit strategy, our resources are at your fingertips and are people are willing to work with you. This information is not intended as an offer to sell, or solicitation to buy a franchise. Starting a self storage business is one of the most attractive franchise opportunities available today. Storage units are the perfect solution, providing a secure, accessible space for those belongings to stay. The trailer is low to the ground and features a pull-out ramp at the back for easy loading and unloading. P.O. But THANK YOU!!". Pack & Send. 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. 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