Storage and Moving

Storage Authority

Storage Authority offers an exciting opportunity for busy professionals to generate a profitable income and build a retirement nest egg through self-storage, all while continuing their current careers.

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Min. investment

$1,500,000

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Total investment

$3,500,000

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Funding support

No
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Coverage

USA
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Franchise Fees

N/A
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Level of expertise

Beginner to Senior

About Storage Authority

Storage Authority offers an exciting opportunity for busy professionals to generate a profitable income and build a retirement nest egg through self-storage, all while continuing their current careers. This franchise presents the perfect combination for those aspiring to own their own business: it blends the benefits of real estate, self-storage, and franchising. As the only self-storage franchise in the United States, Storage Authority taps into a thriving industry that boasts $39 billion in annual revenue and continues to grow. Founded in 2015, Storage Authority stands out as a promising investment for prospective franchisees seeking financial success and business ownership.

What They Offer

Storage Authority provides a range of services to its customers, ensuring a comprehensive and convenient self-storage experience. These services include:

  • Personal Storage Units: Various unit sizes to accommodate personal belongings, from small items to large furniture.

Business Storage Solutions: Storage options for businesses, including document storage, inventory storage, and equipment storage.

The Franchise Offering

There are four distinct ways to launch a Storage Authority franchise, each tailored to meet different needs and preferences. Regardless of the path you choose, Storage Authority provides comprehensive support to ensure your success:

  • Building a New Facility: Construct a new self-storage facility on property you own or on a site the brand helps you find.
  • Converting an Existing Building: Transform an existing building into a self-storage facility.
  • Re-Branding a Facility: Re-brand a self-storage facility that you already own.
  • Purchasing an Existing Facility: Buy an existing self-storage facility and integrate it into the Storage Authority network.

Choosing a Storage Authority franchise simplifies the self-storage business and minimizes risks. It offers benefits and profits that are often challenging to achieve independently.

Franchising is a proven model across various industries such as restaurants, hotels, health, fitness, beauty, and automotive services. Now, self-storage joins this successful lineup with Storage Authority as the only self-storage franchise in the United States. Key benefits include:

  • Well-Developed Business Model: Reduce your learning curve regardless of your prior business experience.
  • Proven Systems: Access training, operations, and marketing systems backed by a network of support and expertise.
  • National Brand Awareness: Benefit from a recognized and trusted brand.
  • Comprehensive Guidance: Receive support with site selection, design, construction, and renovation.
  • Purchasing Power: Leverage preferred vendor relationships for cost savings.
  • Market Exclusivity: Operate in a defined market area with exclusive rights.

Easier Financing: Present credible business plans and financial projections, boosting your appeal to lenders with our historic performance success and team backing.

Who Are They Looking For?

A Storage Authority franchise is ideal for individuals looking to capitalize on a unique blend of three lucrative opportunities: making a solid real estate investment, owning a business, and operating within a franchise model. The franchise is especially well-suited for:

  • Professionals: Doctors, lawyers, accountants, and business owners who wish to maintain their careers while managing a profitable second business.
  • Entrepreneurs: Those seeking an investment with substantial returns in both income and real estate appreciation, offering long-term financial stability.
  • Real Estate Investors: Individuals aiming for higher returns than traditional sectors like hotels and apartments, without the typical tenant-related hassles.
  • Families: Families looking to secure a steady income stream that supports them now, throughout retirement, and for future generations.
  • Couples: Partners desiring to work together and build their own business.
  • Existing Self-Storage Owners: Current owners looking to elevate their business, outperform local competition, and become the leading self-storage facility in their area.

The Cost

Prospective franchisees interested in a Storage Authority franchise should be prepared for an initial cash investment ranging from $1.5 million to $3.5 million for new construction. This investment covers various startup costs, including the one-time Storage Authority franchise fee of $69,000.

In addition to the initial investment, franchisees will incur ongoing fees:

  • A monthly royalty fee of 6% of gross revenue.
  • A monthly fee of 2.5% for marketing, sales, technology, and website maintenance.

Training & Support

New Storage Authority franchisees can expect a comprehensive training and support system designed to ensure their success from the initial setup through daily operations. The training program combines classroom instruction and textbook learning to cover all aspects of the Storage Authority business.

Training is conducted at the dedicated training center in Florida, with sessions held regularly throughout the year. Franchisees and their managers will participate in three days of initial training at a time that suits their schedules. In addition, they will receive online and phone training during the four months leading up to the grand opening.

Franchisees will also benefit from proprietary manuals, offering easy-to-understand guidance and serving as a convenient reference tool. Ongoing professional education and updates are provided through various platforms, ensuring continuous learning and development.

The training package includes:

  • Personalized Road Map and Dynamic Ease Series: Tailored for self-storage development, operations, and high-end sales and marketing success.
  • Development Platform: Guidance on finding land, designing, obtaining approvals, and building or buying self-storage facilities.
  • Operational Platform: Efficient management driven by high-tech systems, websites, and kiosks.
  • Sales and Marketing Platform: Strategies to establish a premium Storage Authority brand, maximizing profits beyond typical expectations.

Franchisees also receive one-on-one training classes and ongoing support from a dedicated Franchise Development Director, ensuring a thorough and professional educational experience.

Next Steps

If you’re contemplating pursuing this franchise opportunity, simply send an enquiry and request further information. It’s easily done – fill out this form and submit it. It will take just seconds.

Disclaimer

The information provided on this page is obtained from sources available freely on the internet. No responsibility for factual inaccuracies should be attributed to Franchise Fame.

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