Storage franchises provide spaces where people can store their unused possessions, and sometimes work in conjunction with moving franchises.
Different ways to store
There two main types of storage franchises:
- Portable storage, which provides mobile units to customers that they can pack up, and then have delivered to and from storage facilities.
- Self-storage, where customers bring what they want stored to a storage facility. Self-storage is still dominated by small companies, with franchises only accounting for 20 percent of the market.
Space to grow
The storage industry has been the fastest growing segment of the commercial real estate industry over the last 40 years, and currently brings in $12 billion annually.
Storage has also been relatively recession resistant, not shrinking during the poor economic times of the past few years.
More to store
There is 2.3 billion square feet of rentable storage space in the U.S. Get more information about starting a storage franchise today!