Storage & Facilities Franchise and Business Opportunities
Purchase a Franchise Helping People in your area
Do you have a passion for helping people and have dreamed of opening a business helping the local community in your area? A franchise providing aid may be the ideal match where the service industry intersects with business ownership, providing the perfect opportunity to start a business for many potential entrepreneurs. As you consider buying a new service-based franchise in your area, there are a few items to think about.
What Does It Mean to Own a Franchise in the Service Industry?
Not all service sector businesses are franchises. The circumstances could be that, even when a business in the service industry field is globally recognized, it can be owned by a corporation and operated by company employees. A franchise is awarded, and owners are independent and buy the rights to operate a location.
The franchisee pays a percentage to the head office, or franchisor, as the location operates under the brand. In exchange, the franchisor has branding guidelines and carries out the advertising, menus, education, conferences, and problem-solving for all its independently owned locations.
What Franchises in the Service Sector Are Available?
Some can be very specific in their offerings like residential only, or just commercial while other service industry franchises operate in both areas. Prior to picking a specific brand in the service sector, we can help you determine what will succeed in your area and fill a market niche.
- Renovation Companies
- Heating and Cooling Technicians
- Home Maintenance
- And More
Our experts help you drill down the options and compile a profile of the local economy to help you in choosing the best service industry franchises. By researching the market, the analysis may show that the community will be in full support. Understanding issues like your area's average median household income, what other service industry franchises are open in your area and their service models will help you decide what service industry franchises to choose.
We Help You Select What Kind of Franchises in the service industry to Purchase in your area
With some direction from us, you can find franchises in the service industry to fit the bill in your area.
What does it cost to get into the Storage & Facilities sector?
The average investment in the Storage & Facilities sector is $861,819. But, that doesn’t tell the whole story. There's a striking difference between the average and median.
Of all Storage & Facilities franchises, 10 have an investment lower than $440,418. The average initial investment is skewed because the most expensive franchise in this sector is $4,665,825.
When looking at franchise opportunities make sure you examine brands within your investment range. Search below for Storage & Facilities investments that fit your financial criteria. If you're not sure what you can afford, fill out our Franchise Affordability Calculator.
How much can I make in the Storage & Facilities sector?
How much money you can make from a Storage & Facilities franchise depends on several factors, including location and demand for your services.
One way to predict your profit potential is to evaluate the financial performance representations provided by a franchisor in Item 19 of their Franchise Disclosure Document. Franchisors are not required to disclose this information, some are more transparent than others.
In the Storage & Facilities sector, 55% disclose a financial performance representation. Of those, only 73% disclose some type of expense data on its franchisee operations.
Unlock our Storage & Facilities Sector Report to learn which franchises are profitable.