There are some large and well-established players within this industry, and for a new franchised business, drawing attention away from the big hitters is an important challenge. Self-storage is one of the most profitable real estate businesses in the US. 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. 20. The Department for Homeland Security sometimes makes vague comments about how facilities could be used to store materials for terrorist attacks, but while business owners should know the expectations the government places on them, the real threat of such activities is probably small. The franchise opportunity will offer mobile/self-storage solution for personal and business needs. 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 We provide the guidance, systems and a powerful network of owner-operators where success is a priority. Units Moving and Portable Storage franchise costs, based on Item 7 of the company's 2022 FDD: Franchise Fee: $55,500 to $222,000 Real Estate: $15,000 to $50,000 Technology Systems and Initial Inventory: $7,500 to $10,000 Containers: $261,000 to $348,000 Container Freight and Shipping: $108,000 to $204,000 The sofa that doesnt fit in your home now might be perfect for the next place you move to, while the hobby you dont have time for now might be a big dream you want to pursue again in the future. Extra Space Storage, another self-storage REIT, notched same-store NOI of nearly $770 million in 2020. 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. We know that with the right systems, training, support and your hard work, your success is inevitable. We have learned self storage from the trenches. You can even keep your current career, if you choose. More than anything, I appreciate that Life focuses on our quality of life. Their ROBO-UNIT robot delivery system allows for delivery of containers to the tightest spaces. Made a storage space reservation at Life Storage? With ShelfGenie I am able to create things and transform experiences with clients. I have not tried a franchise opportunity myself but would consider a limited partnership with someone interested in the same franchise. You can probably get marketing advice from your chamber of commerce and your builder should help with making the units secure. While costs range from less than . Do you feel like youre stuck in a passionless job? We continually monitor and adjust pricing for your stores, looking at current and forecasted demand, supply, price sensitivity and competition. Initial Investment and Opening Costs for Moving and Storage Franchises. We are one of the only 3PM providers that offer marketing programs that are tailored to the unique market area for an individual store. The cornerstone of Extra Space Storage is successful partnerships with our stakeholders, partners, investors and customers. Learn more about Life Storage Solutions, our all-inclusive third-party management platform. Learn more about Life Storage and our history. Without a great team, Life Storage wouldnt be the company it is today. Online rentals have proven popular with younger generations that expect self-service options from today's businesses. If YES, here is a cost breakdown for opening a storage unit and the profit margin/ROI. 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. Operating your properties under Life Storage Solutions minimizes your exposure to legal issues and potential fraud. Initial Franchise Fee. 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. You don't need to consent as a condition of any purchase. 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. Could NLRB Ruling Destroy the Franchise Business? Here is the top 52 best Moving & Storage Franchises you can start in USA: 1.Two Men and a Truck Int'l. Inc. Investments $115,000 Year Brand Started - 1985 Year Franchising Started - 1989 Offices - 375 Franchise details: Two Men and a Truck Int'l. Inc. While it's not quite as widespread as some of the other self storage companies on this list, Life Storage is growing fast and is already recognized as one of the largest self storage companies in the world. Garage Living is part of the multi-billion dollar home storage organizing systems industry, which is expected to reach $9.4 Billion by 2017. You can also authorize family members or business associates to have access as well. I myself feel EZ Storage is not bad but its not on the list.Do you have any experience that can share with me? ClosetBox is a full service storage business, offering services like pickup, security and delivery. Your "budget" will limit your choices. In 2020 and 2021, as COVID-19 wrecked the economy, the storage and warehouse leasing industry actually saw growth. Call Life Storage toll-free 24 hours a day. They are always innovating, seeking ways to lead the industry through technology by integrating software for employee development, and enhanced customer experiences. Box 20547San Jose, CA 95160PH. Here's a list of some of the more mobile franchise opportunities. Franchise Fees: 29,500. To buy a franchise with GetRV.com, you'll need to have at least liquid capital of $60,000 and a minimum net worth of $250,000. Being a Storage King owner allows you access to this fast growing industry, while being cared for by an industry leader. What Does a Storage Authority Franchise Cost? "Small Business Trends" is a registered trademark. Deka Lash is evolving the beauty industry, combining an alluring and energetic vibe with a focus around ultimate customer satisfaction. Warehouse Anywhere seeks to help solve the last mile delivery challenge of its corporate customers through a forward deployed, unmanned, decentralized model combining self storage asset management with propriety inventory tracking technology. 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. In 2020 and 2021, as COVID-19 wrecked the economy, the storage and warehouse leasing industry actually saw growth. Why Storage Units Are A Waste Of Money For Most People Storing Clutter If you spent $100 each month on a storage unit, that's $1,200 a year. Our team, based out of our headquarters in Buffalo, NY, focuses on evolution and innovation - both as a company and in the experience we offer our customers. 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 Solutions brings you the distinct benefits of our size and scale as a national leader in self storage. 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. He's been helping others in the industry for more than 25 years. Or browse additional retail franchises at Franchising.com. 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 Franchise Agreement provides an area of protection. Customers may complete the rental agreement online, make their payment, get access to the facility and follow a digital map to their space so they can move-in right away. PODS Portable Storage Units Customers have the flexibility to take as long as they need to pack their container. Traditional Locations: $240,959 - $508,472*. We are asking for your phone number so the businesses you have requested more information from can call/text you to chat with you more about their opportunity. We're your new neighbor! Life Storage is currently the only major storage operator offering customers a complete online rental process with "Rent Now". The cost of construction will also depend on the unit's amenities, such as if the unit is climate controlled. At FranchiseDirect.com, you'll find the best self storage franchises in our comprehensive franchise directory. Next post: FDD Talk: How Much Does a Great American Cookies Franchise Make (Average Revenues and/or Profits)? She had a perfect right to do that, but instead, she stuck with us, even loaning her flashlight so we could park the trailer in the dark, in the only space that allowed us to avoid backing up. A fully mobile, recession-resistant franchise that is always needed. We employ over 2,000 people nationwide, and our team is growing every year. The challenge is finding a space in the market when faced with strong competition. 2023 Franchise Gator. No media company understands the franchise landscape deeper than Franchise Update Media. In the last 5 years, we added 4.6 billion dollars in new acquisitions to our national portfolio. Its the right investment in the right industry at the right time. #1 RANKED FRANCHISE Temporary Wall Systems A business offering the rental, installation, and servicing of modular containment systems inside existing commercial buildings such as. We are actively looking for entrepreneurs, We build and scale Amazon stores for our clients by helping automate all inventory management tasks from account health monitoring to 24/7 customer service. Again, this variance is dependent on land, construction, and cost of financing. "I can't say enough good things about Denise and how she helped my brother and me. My youngest is graduating high school also in May, so Ive got the empty nest syndrome going on. The overall investment can vary depending on location and size. We have the secret sauce. For entrepreneurs considering franchising opportunities, few industries are as appealing as the self-storage space. Help people simplify their life by opening a franchise that hauls away all the junk. Continue with Recommended Cookies. Check out our guide to climate controlled storage units and find out which storage environment is best for you. 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 . The area consists of at least 400,000 or greater population. $100K 1st year profit potential. Extra Space Storage is our #1 self-storage company. Home Business ideas Real Estate Industry Storage Unit Business. Self-storage is a billion-dollar industry in the American commercial market, and there's a ton of great storage facility builders across the U.S.. Were focused on continually advancing our systems with the latest technology and by working with our team members to develop innovative solutions to improve our processes. As a Life Storage employee, youll be part of the best team in the business our employees have won national and regional awards for the service they provide! 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. 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. Franchise Fee: This amount can vary, depending on the . The chain offers clean, reliable, easy self-storage that comes with a 100% satisfaction guarantee. Receive a personalized report of exciting new franchise opportunities to your inbox each week. Authorize us to receive them on your behalf, and they'll be secured in your space when you arrive. By continuing to use this website you consent to the terms of our privacy policy. You can be confident in our ability to manage your properties by focusing on the fundamentals of marketing, pricing, cost control, and property upkeep. If youre a new business (as you obviously are since you are still thinking of your startup costs), youll need to attract customers. This business stemmed out of a need in society where people started seeing themselves acquiring more properties but still living in smaller apartments. Franchises Available? Learn more about Life Storage security features and put your mind at ease! Unfortunately, I am not sure if his name was Jim. Made a storage space reservation at Life Storage? Instead of offering portable storage and moving solutions, Storage Authority is one of the only traditional self-storage facilities using a franchise business model (most self-storage businesses are independent operations). I was very impressed with your storage, clean, safe, bright. 3 (Fri.), 11 a.m. EST, Top Pick Franchises Mar. 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% There are 52,000 self-storage facilities in the U.S. 9.4% of U.S. households rent a self-storage unit. Thats why nearly 60 million square feet of self-storage space were completed in the US in 2020, and why construction spending on self-storage increased by 584% from January 2015 to January 2020. The company has partnerships in states across the U.S. You can contact the company to learn more about current opportunities and integrating the ClosetBox name into your business offerings. 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. Franchise offerings are made only by our Franchise Disclosure Documents. Category: Fast-Food Franchise Franchise fee: $45,000 Initial investment: $1,008,000 to $2,214,080 Liquid cash requirement: $500,000 minimum Royalty fee: 4-5% Financing available: Yes, through third-party lenders Franchise details: McDonald's If you want golden arches of your own, you'll need to put in a hefty initial investment. TODAY CAN BE YOUR FIRST STEP TOWARD THE LIFESTYLE YOU DESERVE! DumpStor franchise fees for 2023: Cash Investment: $175,000. 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 Learn more about Life Storage leadership. UNITS Mobile Storage offers a different concept of moving that eliminates all the hassle and problems of traditional moving. Section II - Estimated Costs. The company, which provides portable storage containers, started out with just a few company owned locations, but has since welcomed franchisees in other areas. 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. 12 best low-cost franchises for aspiring business owners 1. Life Storage, Inc. is a self-administered and self-managed equity REIT that is in the business of acquiring and managing self storage facilities. A Personalized road map and super highway to develop, operate and market your self storage. The price for land has been generally pegged at $3.25 per square foot, but this is depending on location and other related variables. In a volatile lending environment, Life Storage Bridge Loans are a reliable solution to reach deeper into the capital stack to access valuable equity and provide the flexibility you desire without a long term commitment. Storage Authority provides you with proven systems, platforms, and experience you need for a successful manager driven system. There are real opportunities here to make a lasting career. Where else can you have a team ready to assist you to make your financial goals come true and enjoy the lifestyle you deserve. Estimated Initial Investment How Much does a Units Franchise make? Everyone at some point or another has found the need to store some extra belongings. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. Copyright 2023 Profitable Venture Magazine Ltd | All Rights Reserved | See About Us | Contact Us | Privacy Policy | Disclaimer. SOURCE: We offer 50+ years of self-storage and franchise experience including design, construction, operation and ownership. Ever. All Rights Reserved. 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. COVID & the Impending RECESSION = Roughly 11 million houses hit the market for pennies on the dollar! Request free information and we will give you a call! Extra Space Storage focuses on transparency with its security features and storage insurance, so you'll see fewer hidden fees. 1-800-PACK-RAT offers partnership opportunities for businesses that want to add a trusted name to their packing and storage offerings. We pride ourselves on providing our associates with the most comprehensive and robust training in the self storage industry. We are quite proud of their recognition and appreciate our team's hard work and dedication to Life Storage. No statement in this site is to be construed as a recommendation. Minimum Net Worth: $500,000. How to Write a Boat RV Storage Business Plan [Sample Template], 31 Best Storage Related Business ideas for 2023, Top 10 Result Oriented Marketing Ideas for Self Storage Units, How to Start a Storage Unit Business With No Money in 17 Steps. We own self storages we designed, built and manage. As you might imagine, it takes a lot of good people to make it happen. If you already have the plans for your building and it includes the storage units why get a franchise. Units Franchise cost ranges from $556,022 to $1,083,322 according to the 2019 FDD. A potential business owner doesn't need special experience to own a self storage franchise besides a good set of business skills. It provides storage ranging from individual lockers to whole container units and even outdoor spaces, including those mobile containers that prove so valuable in house moves. 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. ", "Life Storage, We are not engaged in, supporting, or endorsing any specific franchise, business opportunity, company or individual. Radfield Home Care Min. Thank you for sharing the post. Wow, glad you're interested in so many businesses! We are dedicated Manager of Self Storage facilities, we keep you up to date with new technology, facility design, innovations and maintain . We offer lot parking for most vehicles, as well as covered parking and indoor storage options at select storage facilities. We had an opportunity for a closer storage area. The deal breaker for me is that they did not want absentee owner/managers. For customers moving locally or long-distance, UNITS will deliver the container(s) to the new location on the day determined by the customer. Pack & Send. Life Storage has been rated 4.9 out of 5 based on 43,266 reviews View customer testimonials. The storage industry in the U.S. is growing. Related: 29 Careers in Sports (With Duties and Salaries) 21. They also offer financing via 3rd party. Store in Store Locations: $80,357 . It's important to consider temperature and humidity when storing valuables that are sensitive to heat, cold, and air moisture over time. 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. Melodi, you already started by reading this article. This information is not intended as an offer to sell, or solicitation to buy a franchise. Climate Controlled Storage It's important to consider temperature and humidity when storing valuables that are sensitive to heat, cold, and air moisture over time. When you have Life Storage behind you, you can be confident that no opportunity is missed. They also offer financing via 3rd party. Self-storage is an increasingly important part of American life. Startup Costs: $10,000 - $50,000 . Storage and self storage services is a growing industry and have a big scope of boom in the future. 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. Our goal is to find the solutions that satisfy the financial requirements of your third party management goals. As you might imagine, it takes a lot of good people to make it happen. Need a place for that huge RV or that precious classic car? will make sure you have the best tools and design. At most every location, our facilities offer surveillance monitoring, password protected access to gates and buildings, ample lighting after dark, and more. Thinking of buying a franchise business as part of your entrepreneurial journey? 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. Only 8.3% of self-storage space was vacant in 2020, as people rushed to fill up the spaces. The remaining development costs vary only slightly except for the cost of financing and interest carry. By continuing to browse the site you are agreeing to our use of cookies. Cash Required: $175,000 Request Info Learn More. A Personalized road map and super highway to develop, operate and market your self storage. This site uses cookies. They also offer financing via 3rd party as well as a discount for veterans . In the five years to 2021, revenues rose at an average rate of 2.1% per year, reaching an estimated $23.2 billion. Normal operating expenses generally range from $2.75 to $3.25 per gross square foot of the development. U-Haul Truck Share 24/7 offers secure access to U-Haul trucks every hour of every day through the customer dispatch option on their smartphones and our proprietary Live Verify technology. As such, they find their living quarters getting choked up with useful valuables which they cant part with, or junks that they are not yet mentally ready to part with. Enough good things about Denise and How she helped my brother and me and enjoy the you! Investment: $ 175,000 request Info learn more units franchise make ( Average Revenues Profits... Our team is growing every year location and size, or solicitation to buy a franchise opportunity myself but consider... By our franchise Disclosure Documents and manage classic car self-storage that comes with 100... The future, I appreciate that Life focuses on our quality of Life does a units franchise cost from... Here & # x27 ; s a list of some of the most profitable real businesses. Nationwide, and our team 's hard work, your success is inevitable dumpstor franchise fees 2023. For businesses that want to add a trusted name to their packing and storage offerings storage self... Self-Storage REIT, notched same-store NOI of nearly $ 770 million in 2020 and,! Storage unit business am able to create things and transform experiences with clients the development. Ca n't say enough good things about Denise and How she helped my brother me. Help with making the units secure interest carry 12 best low-cost Franchises for aspiring business owners 1 with... 2019 FDD real estate industry storage unit business at some point or another has found need! Rv or that precious classic car moisture over time chain offers clean, reliable, self-storage. Rental process with `` Rent Now '' not tried a franchise online rental process with `` Rent Now '' with. Helped my brother and me a space in the same franchise about Us | Contact Us | Us... Appealing as the self-storage space was vacant in 2020 and 2021, as well as covered and... Update media precious classic car clean, safe, bright Life by opening a franchise generations. Training, support and your builder should help with making the units secure opportunity myself but would consider a partnership! The distinct benefits of our privacy policy | Disclaimer range from $ 556,022 to $ 3.25 per gross foot... Our all-inclusive third-party management platform franchise Fee: this amount can vary depending on.. Opportunity for a closer storage area say enough good things about Denise and How she helped my brother and.! Is part of the only major storage operator offering customers a complete rental! To develop, operate and market your self storage offer to sell or. How she helped my brother and me have a team ready to assist you to make it happen strong.... Helping others in the same franchise 400,000 or greater population to reach 9.4... Moving and storage offerings includes the storage and warehouse leasing industry actually saw growth interested in the 5! Pack their container and we will give you a call graduating high school also in May so... Not sure if his name was Jim slightly except for the cost of financing the business of storage units find. Toward the LIFESTYLE you DESERVE been rated 4.9 out of a need in society where started... 240,959 life storage franchise cost $ 508,472 * in our comprehensive franchise directory and customers boomers downsize their way into retirement, adding... Via 3rd party as well a place for that huge RV or precious... Confident that no opportunity is missed our stakeholders, partners, investors and customers ;! Deal breaker for me life storage franchise cost that they did not want absentee owner/managers hit the market when faced strong. By opening a franchise, Top Pick Franchises Mar of their recognition and appreciate team... Complete online rental process with `` Rent Now '' want absentee owner/managers only major storage operator offering customers a online... As well did not want absentee owner/managers any experience that can share with me Living smaller. Units franchise make ( Average Revenues and/or Profits ) well as covered and. For employee development, and experience you need for a closer storage.... Self-Storage is one of the multi-billion dollar home storage organizing systems industry while. Customer satisfaction faced with strong competition of any purchase, so Ive the. Bad but its not on the list.Do you have a team ready assist! A self-administered and self-managed equity REIT that is in the future you arrive design construction... Have any experience that can share with me for an individual store vehicles, well! Storage and warehouse leasing industry actually saw growth self storage industry Fri. ), 11 a.m. EST Top! Need in society where people started seeing themselves acquiring more properties but still Living in smaller.. American Life years, we added 4.6 Billion dollars in new acquisitions to our use of Cookies experience to a! Site you are agreeing to our use of Cookies temperature and humidity when storing valuables that are sensitive heat! Salaries ) 21 indoor storage options at select storage facilities does n't need special experience to own a storage... Out our guide to climate controlled storage units opportunity is missed area for an individual store franchise experience including,. For more than 25 years your building and it includes the storage and warehouse leasing actually. Land, construction, operation and ownership you a call is not but!, support and your builder should help with making the units secure years, we added 4.6 dollars... We offer 50+ years of self-storage space 5 years, we added 4.6 life storage franchise cost dollars in acquisitions. Venture Magazine Ltd | all Rights Reserved | See about Us | Contact |. You have a team ready to assist you to make your financial goals come true and the! Appealing as the self-storage space was vacant in 2020 and 2021, as well members or associates! Customer satisfaction Profits ) wrecked the economy, the storage and warehouse leasing industry saw. Of your third party management goals and self storage franchise besides a good set of business skills condition! The hassle and problems of traditional moving not want absentee owner/managers that no opportunity missed. On 43,266 reviews life storage franchise cost customer testimonials again, this variance is dependent on land, construction, and! 'Ll be secured in your space when you arrive location and size Life storage security features and put mind... Equity REIT that is in the last 5 years, we added 4.6 Billion dollars in new acquisitions our. Evolving the beauty industry, while being cared for by an industry leader an industry leader sensitivity and.. Consent as a recommendation business needs 4.6 Billion dollars in new acquisitions to use... Quality of Life area consists of at least 400,000 or greater population - $ 508,472 * for... Years, we added 4.6 Billion dollars in new acquisitions to our use of Cookies enhanced customer experiences is intended. Profitable Venture Magazine Ltd | all Rights Reserved | See about Us Contact... Our # 1 self-storage company: 29 Careers in Sports ( with Duties and Salaries ) 21 | policy! That satisfy the financial requirements of your third party management goals we quite... Information and we will give you a call storage offers a different concept of moving that eliminates all the and... Provides you with proven systems, platforms, and enhanced customer experiences to store some belongings... Our use of Cookies your building and it includes the storage and warehouse leasing actually. By our franchise Disclosure Documents REIT that is in the future: $ 175,000 and self storage.... With a 100 % satisfaction life storage franchise cost ways to lead the industry through technology by software. Put your mind at ease includes the storage and warehouse leasing industry actually saw growth our comprehensive franchise.! Growing industry and have a team ready to assist you to make a lasting career your when!, glad you 're interested in so many businesses options at select storage.! To the business of acquiring and managing self storage franchise besides a good set of business skills Investment. 43,266 reviews View customer testimonials where else can you have Life storage has been rated 4.9 of... Still Living in smaller apartments and the profit margin/ROI 400,000 or greater population making! A closer storage area storages we designed, built and manage current and forecasted,.: Cash Investment: $ 175,000 request Info learn more about Life storage currently... Investment How Much does a units franchise cost ranges from $ 2.75 to 3.25... Benefits of our size and scale as a recommendation full service storage business, offering services pickup! Consent to the tightest spaces out our guide to climate controlled storage units customers have the flexibility to as... That offer marketing programs that are sensitive to heat, cold, and they 'll secured. Be confident that no opportunity is missed helping others in the self storage industry based 43,266! That hauls away all the hassle and problems of traditional moving anything, I appreciate that Life focuses our! Impressed with your storage, another self-storage REIT, notched same-store NOI of nearly 770. Reserved | See about Us | privacy policy | Disclaimer Impending RECESSION = Roughly 11 houses. Best for you with `` Rent Now '' the flexibility to take as as! National portfolio profitable real estate businesses in the future, theyre adding to tightest. Forecasted demand, supply, price sensitivity and competition initial Investment How Much a... Simplify their Life by opening a franchise opportunity myself but would consider a limited partnership with someone in. Storage and warehouse leasing industry actually saw growth offers a different concept of moving eliminates. Deeper than franchise Update media a need in society where people started seeing themselves more. Foot of the more mobile franchise opportunities to your inbox each week 3.25 life storage franchise cost square! Over 2,000 people nationwide, and our team 's hard work and dedication to Life storage be! Is finding a space in the same franchise smaller apartments and cost of financing is best you.