Smartbox Portable Self Storage
Portable storage units & moving servicesBackground
Founded: 2003 Franchising since: 2004
Franchisor is a privately-held company with 12 employee(s); 5 employee(s) in franchise department.
Franchise Growth
Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Pennsylvania, Rhode island, South carolina, Tennessee, Texas, United states, Utah, Virginia, Vermont, Wisconsin, West virginia, Wyoming
Exclusive territories available.
Territory size: Minimum population of 200K based on contiguous zip codes
|
2100 Dabney Rd. Richmond, Virginia 23230 |
Phone: (804)282-9944 |
Franchisor is a privately-held company with 12 employee(s); 5 employee(s) in franchise department.
Franchise Growth
| Year | U.S. Franchises | Canadian Franchises | Foreign Franchises | Company Owned |
| 2008 | 18 | 0 | 0 | 0 |
| 2007 | 17 | 0 | 0 | 0 |
| 2006 | 8 | 0 | 0 | 0 |
| 2005 | 6 | 0 | 0 | 0 |
Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Pennsylvania, Rhode island, South carolina, Tennessee, Texas, United states, Utah, Virginia, Vermont, Wisconsin, West virginia, Wyoming
Exclusive territories available.
Territory size: Minimum population of 200K based on contiguous zip codes
Costs and Fees
|
Total investment: $374.9K-1.1M Franchise fee: $40K-220K |
Ongoing royalty fee: 7% Term of agreement: 10 years, renewable |
Type of Financing Available
| In-House | Third Party | |
| Franchise Fee | No | Yes |
| Startup Costs | No | Yes |
| Equipment | No | Yes |
| Inventory | No | Yes |
| Accounts Receivable | No | No |
| Payroll | No | No |
Qualifications
Net worth requirement: $1.3M
Cash liquidity requirement: $350K
Business Experience:
- General business experience
- Marketing skills
Operations
- 65% of all franchisees own more than one unit
- Number of employees needed to run franchised unit: 3 - 3
- Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators)
Training and Support
Training
Ongoing Support
Marketing Support
Other marketing support
- Available at headquarters: 2 weeks
- At franchisee's location: 1 week
Ongoing Support
- Meetings
- Toll-free phone line
- Grand opening
- Internet
- Security/safety procedures
- Field operations/evaluations
- Purchasing cooperatives
Marketing Support
- Co-op advertising
- Ad slicks
Other marketing support
- TV & radio, direct mail