By Ed Clement
Steady Rent Prices: Tenants not particularly price sensitive.
Long Term Tenants: High switching costs & perceived vs. Actual length of stay.
High Fragmentation: About 80% independent operators (top 3 <15%)
Large Industry: Similar to number of Subway, McDonald’s, & Starbucks combined.
Powerful Business Plan: Mom-and-pop seller—institutional buyer.
Ability to Meet Demand: Simplicity of unit reconfiguration.
Ancillary Income: Significant opportunities.
Staffing: Low staffing cost, highly trained and franchise supported staff.
Affordable Value-Adds: Low-cost opportunities.
Adaptability: Flexible lease terms & easy eviction process.
The Storage Authority team is excited to guide you on your journey to becoming self-storage owners.
Let's build one for you or convert your existing facility to the Elite Storage Authority brand!
Is it time for you to learn more? I would be happy to have a 15-minute call and review the highlights of how Storage Authority can help make your self-storage goal a reality.
Ed 727 946 0745
Ed Clement is a franchise director at Storage Authority. One of his passions and responsibilities is helping franchisees find land by sharing how to find land both online and offline. Ed has a strong background in real estate, investment banking, and management consulting. He is available at Ed@StorageAuthority.com or 727 946 0745 to answer your questions and share the Storage Authority Franchise opportunity.