Self Storage Franchise Opportunities

For those who may be moving or who may simply have need of space temporarily for extra possessions, self-storage franchises are a business option that will appeal to many entrepreneurs. This kind of franchise opportunity provides consumers with a reliable and trustworthy location to house their belongings for as long as they need. It is important to investigate the need for storage solutions in your area, as demand can be great in the right location, making this a potentially wise investment for many.

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Did You Know?

Annual self-storage revenue was estimated at $38 billion in 2017.

SOURCE:
SOURCE: IBISWorld
There are 52,000 self-storage facilities in the U.S.

SOURCE:
SOURCE: Self Storage Association
9.4% of U.S. households rent a self-storage unit.

SOURCE:
SOURCE: SSA Self Storage Demand Study
52.0% of U.S. self-storage facilities are in suburban areas, 32% are urban, and 16% are rural.

SOURCE:
SOURCE: Self Storage Association

Industry Info Available Franchises

Types of Self Storage Franchises

The self storage franchise industry has expanded to include more possibilities than ever. The traditional storage facilities are still a reliable business, but now there are portable storage options, as well as climate-controlled storage solutions. Other franchises in this category may offer assistance with moving or packing, while others may also include storage of items such as cars, RVs or boats.

Why Consider Self Storage Franchises

There are many advantages to owning a self storage franchise. This is a lucrative business, but the marketing assistance that comes from being a franchisee can prove invaluable. This category has experienced a great deal of growth in recent years, making it an attractive investment for someone interested in owning their own small business. What's more, self storage franchises offer a reliable revenue stream with very little upkeep.

Self Storage Franchise Opportunities Opportunities:

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Self Storage

PostalAnnex+

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40k Minimum Cash Required

In any industry, it is important to know what you are selling. While that sounds obvious, nailing this point can be a little trickier than you might expect. A self-storage facility provides space for customers to rent, but what does that mean? And what do customers expect to feel like they are getting a good return on their investment? Understanding the answers to these questions will help you market a self-storage facility more successfully. The good news is when you partner with a self-storage franchise, it comes with built-in marketing and sales programs. However, if you choose to go it alone, you need to consider the following items.

The Value of Space

Customers gain storage space when they rent a unit at your location, but it’s what that space provides that should be emphasized. With room to store some of their things at your facility, they will have more space in their home for projects, other belongings, people, etc. That’s how the storage facility will benefit them daily. When they open up the garage or a closet and aren’t overwhelmed by stuff, they’ll see the value of renting a storage unit. Focusing on that advantage in marketing efforts could be a helpful step in the right direction.

Security Matters

People want to know their things will be secure – that’s why most people keep their stuff at home. To earn their trust and get them to rent space from you, it’s important to have strong security measures in place. Those measures should be explained right from the start, so customers sense your commitment to security and feel confident leaving their items on your property.

Provide Flexibility

Some customers may struggle to decide what size storage unit they need for their things, and they might not end up renting at all because they can’t make a choice. Anything you can do to lower this barrier and remove stress related to this decision would be a welcome development. For example, making it easy to upgrade or downgrade storage units within the facility can give them peace of mind. Self-storage is supposed to make life easier, so owners need to ensure it does just that.

Self Storage Franchise Opportunities

Did You Know?

Types of Self Storage Franchises

Why Consider Self Storage Franchises

Filtered by:

PostalAnnex+

40k Minimum Cash Required

Retail Franchise Categories:

Learn About Buying a Franchise:

Help with Franchising:

Franchise Resources

The Value of Space

Security Matters

Provide Flexibility

Self Storage Franchise Opportunities

Did You Know?

Types of Self Storage Franchises

Why Consider Self Storage Franchises

Filtered by:

PostalAnnex+

40k Minimum Cash Required

Retail Franchise Categories:

Learn About Buying a Franchise:

Help with Franchising:

Franchise Resources

The Value of Space

Security Matters

Provide Flexibility

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