Storage Authority
Self storage- 2023 Franchise 500 Rank
-
N/RNot ranked last year
- Initial investment
-
$5M - $7M
- Units as of 2017
-
2 0.0% over 3 years
Company Overview
About Storage Authority
Industry | Services (Other) |
---|---|
Related Categories | Miscellaneous Services |
Founded | 2014 |
Leadership | Marc Goodin, Founder and CEO |
Corporate Address | 677 N. Washington Blvd. Sarasota, FL 34236 |
Social | Facebook,Twitter |
Business Overview
Franchising Since | 2015(8 years) |
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# of employees at HQ | 3 |
# of Units | 2(as of 2017) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Storage Authority franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee |
$35,000 |
---|---|
Initial Investment |
5000000 - 7000000美元 |
Net Worth Requirement |
$900,000 |
Cash Requirement |
$750,000 |
Royalty Fee |
6% |
Ad Royalty Fee |
2.5% |
Term of Agreement |
10 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Third Party Financing | Storage Authority has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory, accounts receivable, payroll |
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Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 2 days |
---|---|
Classroom Training | 1 day |
Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
|
营销支持 |
Co-op Advertising
Ad Templates
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | Yes |
---|---|
Can this franchise be run from home/mobile unit? |
No |
Can this franchise be run part time? |
No |
#所需的员工run | 2 |
Are exclusive territories available? |
Yes |
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