For those who may be moving or who may simply have need of space temporarily for extra possessions, self-storage franchises are a business option that will appeal to many entrepreneurs. This kind of franchise opportunity provides consumers with a reliable and trustworthy location to house their belongings for as long as they need. It is important to investigate the need for storage solutions in your area, as demand can be great in the right location, making this a potentially wise investment for many.
Did You Know?
Annual self-storage revenue was estimated at $38 billion in 2017.
SOURCE: SOURCE: IBISWorld
There are 52,000 self-storage facilities in the U.S.
SOURCE: SOURCE: Self Storage Association
9.4% of U.S. households rent a self-storage unit.
SOURCE: SOURCE: SSA Self Storage Demand Study
52.0% of U.S. self-storage facilities are in suburban areas, 32% are urban, and 16% are rural.
SOURCE: SOURCE: Self Storage Association
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