by Marc Goodin, CEO of Storage Authority, the only self storage franchise in the US.
Item Dairy Queen Storage Authority
Food $500,000 per year $300 to give away free water & candy
Staff wages $500,000 per year Under $100K
# of Staff lots & ongoing retraining 2
Yearly Profit $75,000 Let's say at least triple plus for K facility
And then to have all these additional headaches and have a DQ franchise royalty fee of $75,000 per year Makes Self Storage the hands-down winner.
So why doesn't everyone do a self storage franchise? For the same reason, not everyone is a real estate millionaire. It takes education, time, and effort. Many people will often stick with their 30-year 9 - 5 job vs 5 years to be wealthy because they do not want to put in consistent effort or are risk-averse.
Feel free to share your story with us! Let's discuss the best way to get started in self storage. Reach out to us at Marc@storageauthority.com and let's begin this journey together.
Check out our website for more info: www.StorageAuthorityFranchise.com
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