by Garrett Byrd
Welcome to the exciting journey of building your premium self-storage facility as a Storage Authority franchise owner. In the next 30 days, you'll embark on a comprehensive plan to lay the groundwork to find the perfect land and transform your vision into reality.
We've got a plan laid out for you, and here's a sneak peek at the first chapter of our proprietary Storage Authority Development Guide manual for our owners.
Table of Contents
A. General / Introduction
B. Let’s Get Started. Next 30 Days
C. General Development Time Frames
D. Developing Your High-Performance Team
Appendix Section 1
Storage Authority Command Center Guidelines
Storage Authority Vendor Agreement Addendum
Storage Authority New Vendor Approval Request
Storage Authority Secret Shop Form
State Self-Storage Associations
A. General / Introduction
In the ever-evolving world of self-storage, there's no one-size-fits-all plan for success. Guideline limits are just that – guidelines. Stay updated with Storage Authority Bi-weekly meetings to keep your project on track. Access our Storage Authority Cloud Command Center, for manuals and resources.
B. Let’s Get Started. Next 30 Days
Embark on the first seven critical steps to finding the ideal land. From building your team to determining rental rates and using advanced tools like www.radiusplus.com and www.stortrack.com, set the foundation for success. Drive through permitted zones and leverage the Regrid App for efficient land scouting.
Kick off your development checklist and engage with the Storage Authority team through five onboarding meetings. Be proactive – review related sections, participate in meetings and start your land search using our blueprint of top land search options.
C. General Development Time Frames
Time Frames can vary significantly from town to town and owner to owner. Some cities take a year or longer to obtain approvals. Time frames must be developed with your professionals. Generic average time schedule after you find land:
Contracts/get started 1 – 2 months
Civil Site Plan design 4 – 6 months
Regulatory Approvals 4 – 6 months (In some locations approvals can be double plus this time) Building Design 3 – 4 months (Does not include obtaining building permits)
Bidding 2 – 3 months
Loan 3 – 4 months
Subtotal 17 – 27 months
Construction 8 – 12 months (Assume no winter stoppage)
Total 25 – 37 months
Hopefully, you can see the time frame range is an unacceptable schedule but is often typical of a novice developer.
D. Developing Your High-Performance Team
Building your multi-million-dollar project demands a trustworthy team. Identify key players and prequalify your team before making a land offer, ensuring a seamless transition from finding land to project completion. Your high-performance team will include a trusted land real estate broker, civil engineer, architect, land use attorney, lender, and project manager. Choose experienced professionals, and consult the Storage Authority team and our Vendor list for recommendations.
Storage Authority Franchising is all about owning your own local self-storage business, supported by professional systems and expertise. We like to say, "You're in business for yourself but not by yourself." If self-storage is on your mind, don't hesitate to reach out to me, Garrett Byrd at Direct: 941-928-1354 or Garrett@StorageAuthority.com to learn more about the Storage Authority Franchise opportunity.
We are looking for two(2) more Storage Authority franchise owners in 2023. If you would like to start your discovery process for your journey to self-storage ownership take 15 mins to fill out the application below.
Storage Authority Franchise Application
Your success story begins with Storage Authority!
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