The
initial investment for a self-storage franchise varies from company to company.
In general most traditional self storage businesses do not franchise. Storage
USA used to franchise, however they were bought by Extra Space Storage and now
they no longer offer franchises. They do however offer a 3rd party managed site
opportunity, but you will not be in business for yourself.
Portable Storage Franchise
Portable
storage companies are much more likely to franchise due to the more complicated
nature of their business. The portable storage business requires more of a systemized
process than a traditional self storage franchise.
The typical total capital investment is approximately $300,000 for a portable
storage franchise. The average liquid capital required for portable storage franchise
is $100,000. This initial investment is generally recouped within 1 or
2 years. |