Moving & Storage Franchise Opportunities
Are you looking for a high-performance industry that remains resilient throughout all economic conditions? Explore moving and storage franchise opportunities that can unlock the success you’ve always wanted. Business Alliance Inc. can guide you toward the brands that meet all your requirements, including investment needs and preferred operational structures. Before investing in a moving and storage franchise, invest in yourself by gathering all the necessary details to make an informed and rewarding decision.
Get Started Now
Moving and Storage:
Two Overlapping Industries
Moving and storage are distinct industries that often overlap. There are franchise opportunities that specialize in one service, and others that focus on both. Operational models for both relocation services and storing personal possessions can vary considerably.
Storage franchise opportunities typically come in two forms:
- On-Site: A facility for storing items.
- Portable: Containers are delivered to the customer.
Moving franchise opportunities have similar variations in their models:
- Full-Service: The company handles everything, including packing, transporting, and delivering belongings.
- Self-Service: Customers rent trucks and packing materials from the company.
Dual-Service Model, Double Revenue Potential
There are advantages and disadvantages to finding an opportunity that combines moving and storage. Obviously, having two sources of revenue is beneficial. Long-term customer contracts can even offset many expenses associated with warehouse operations. Talk to a BAI broker about the available options–we strive to find ventures that meet your criteria.
Some essential considerations beforehand include:
- Does the brand you’re interested in offer both moving + storage or just one? A franchise that provides both may offer a more “complete” offering and potentially more revenue streams.
- Review real estate/asset requirements. What are the associated costs and lease requirements for a yard or warehouse?
- How do you want to serve customers along their journey? There is potential for upselling by offering both services, but you may prefer to provide one or the other.
Experienced consultants can help you understand the inner workings of each brand, what it provides to clients, and what this means for franchisees. Our expertise can even uncover questions you never thought to ask, ensuring you make decisions that lead to long-term satisfaction.
High-Performing Industry, Satisfying Returns
Everyone measures success differently, but the primary goals are to make money and achieve a desired work-life balance. A moving company franchise is an excellent choice for almost all aspirations.
There are built-in benefits that come with relocation and storage franchise opportunities that other industries lack. High demand is one significant advantage. Areas with a high-density population create a heightened demand for storage facilities. Homes in populated areas often lack sufficient space for storing personal belongings. There are also high numbers of people moving in and out of any area for various reasons.
Some of the other key features of this business model that lead to excellent returns include:
- Resilience
- Low Maintenance
- High Profitability
- Scalable
How Much Does a Moving and Storage Franchise Cost?
The initial cost of buying a moving company franchise ranges from about $707,000 to $1,244,000. The returns can be much higher. Of course, several factors will contribute to how much you pay to start and the overall ROI, including the specific brand, equipment, territory size, and business model.
You’ll need a lot of information before making a decision. That’s why having us by your side will be one of the best decisions you can make. We’ll supply all the fine details about one-time startup costs (equipment, vehicles, containers, real estate or leasehold improvements, signage, and opening marketing), plus required working capital and fees. We can even help narrow down transport or storage franchise opportunities based on your unique skills and goals. Our staff is always ready to listen and learn about your needs.
How Much Money Does a Moving Company Franchise Make?
Average annual gross sales will differ based on the brand and the size of your operation. On the high end, units in top brands earn $10 million or more per year, while some smaller operations may earn post-expenses somewhere in the range of $80,000 to $200,000 annually. $1 million gross revenue is a realistic target for a healthy, mid-size unit, with upside beyond that if scaled well.
- Gross revenue is not the same as profit. Net profitability must take into account expenses such as labor, trucks/vehicles, fuel, insurance, maintenance, rent/lease for the facility, marketing, and franchise/royalty fees.
- The range is broad in this industry, with top performers seeing millions and smaller organizations anywhere between dozens and hundreds of thousands of dollars.
- It’s typical to achieve higher revenues after 4 or more years in business.
- Seasonality and local market conditions matter. Warmer weather is the busiest time of year for moving company franchises. Large or growing populations also enjoy more business.
Are Storage Franchises Profitable?
There’s plenty of money to be made with a storage franchise. Self-storage facilities are experiencing rapid growth and high profit margins. The portable storage and hybrid moving/storage model also offers high performance for owners.
The recurring revenue component delivers steady cash flow, offsetting the higher investment costs over time. Well-run operations have no problem achieving over $1 million in annual revenue in desirable areas.
Find the Opportunity Right for You
Make an important decision about your financial future and feel satisfied for years to come. Our consultants make researching franchises easy, providing the details necessary to make informed decisions.
The process involves assessing each entrepreneur to recommend the opportunity that is most likely to lead to long-term success and satisfaction. We do a comprehensive assessment of individual skills, interests, preferences, and goals, matching them to companies that can deliver the personal and professional fulfillment you desire.
Get the BAI Advantage: Contact Us Today
Don’t gamble with your future by researching alone. Explore moving and storage franchise opportunities the proven way, connecting with the specific businesses that suit your personal and financial requirements. Franchising works best when everybody wins, and our mission is to match entrepreneurs with franchisors that allow for mutually beneficial relationships. Take the next step by contacting Business Alliance Inc. today.