Storage Authority is a very small self-storage franchise system with significant operational concerns. Despite being established in 2014, the system has only 2 company-owned units operating and zero franchised locations, even though 27 franchise agreements have been signed. The franchise offers two models: conversion of existing facilities ($298K-$660K) and new construction ($6.95M-$9.8M). The system has experienced unit closures and no growth in recent years. With a 6% royalty rate or $1,950 minimum monthly payment, 2.5% marketing fee, and extensive required purchases from approved suppliers, the franchise imposes significant ongoing obligations. The 12-year initial term with 10-year renewals and exclusive 3-5 mile territories provide some protection. However, the lack of operating franchisees, absence of financial performance data, and small system size present substantial risks for potential investors.
Generated from 2025 Franchise Disclosure Document
AI-generated from FDD analysis — use as a checklist with your attorney
Total startup costs, working capital, and financial requirements
Training, marketing support, technology, and operational assistance
Royalty, marketing, technology, and other ongoing fees
Revenue data, P&L estimates, and financial projections
Lawsuits, disputes, and legal risk assessment
Territory rights, term length, non-compete, and transfer rules
82 legal provisions scored on a franchisee-friendliness scale
Unit growth trends, exit rates, and system trajectory
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