by Marc Goodin
We all know you can become a millionaire with Self Storage or McDonalds.
You may not think an employee at Self Storage or McDonald can become a millionaire but here are the facts. Of course many people make 5 times as much Ben and never become a millionaire. But 33% of millionaires made under $100,000 a year.
The second Millionaire option is buying and holding stocks. If you don't have the time,( 5 hours a week) money ($750,000 cash to invest) or courage, portfolio investing is the way to go to make money over long periods of time. Check our Self Storage ownership FAQ's here: https://www.storageauthorityfranchise.com/frequently-asked-questions
Of course the big money rewards come from having the courage to own your own franchise. Storage Authority has multiple Franchisees who have become multi millionaires ($5Million plus) in less then 2 years after oppening their Storage Authority Self Storage. Self storage is one of the few businesses in the US where you can become a multimillionair in less than 5 years.
Of course, owning a Self Storage or McDonalds is never 100% Passive Income. To be premium self storage franchise you need to spend 5 hours a week guiding and coaching you manager driven system for premium profits. Send me an email at email@example.com and I will send you the details on those 5 hours a week.
More HUGE differences:
McDonalds owns the land and you pay rent. Storage Authority you own the land and the business to take advantage of Appreciation, Depreciation and Amoritization.
Unless you are an experienced Mc Donalds owner, McDonald is not going to let you develop from the ground up and that is where the big money is made. Storage Authority will guide you through finding land and the development process!
Read more about the Storage Authority Development Guidance here: https://www.storageauthorityfranchise.com/development-services
Do the research, typically you are going to make more $$$$$ in self storage.
We do not have any McDonalds owners in the Storage Authority yet. But when our first and second owners of Dunkin Donuts came on board I asked why Storage Authority they told me because self storage is much more profitable and has a ton less employees making it much easier. We just got a call from an owner of 50 plus Burger Kings and they are looking to diversify.
Want to learn more about a Storage Authority Franchise request info here www.storageauthorityfranchise.com/opportunity3
Marc Goodin is President of Storage Authority Franchising. He owns 3 self storages he designed, built and manages. He has been helping others in the self storage industry for over 25 years. He can be reached at marc@StorageAuthority.com or directly at 860-830-6764 to answer your franchising, development, marketing, sales and operations questions. His best selling self storage books are available at amazon.