Franchise Opportunities in Moving & Storage Service

Here are some statistics about storage franchises:

• In 2021, the US self-storage industry was worth $39.5 billion, and the facilities cover at least 1.9 billion square feet.
• As of 2022, 73% of US self-storage facilities are owned by small operators, 18% by public companies and REITs, and 9% by the top 100 operators.
• The self-storage industry's revenue has increased at an annual rate of 3.1% from 2015 to 2020.
• New self-storage businesses have a 92% success rate, and a storage facility owner can expect an average profit of $184,500 in one year.
• According to Yahoo Finance, the risk of investing in self-storage is low because of high profit margins and continuous demand

Here's some information about moving franchises:

• According to the International Trade Council, the chances of a franchise becoming successful are about 90 percent.
• The moving industry generates nearly $86 billion in revenue each year.
• As of 2023, there are 16,851 moving services businesses in the US.
• Moving companies are anticipated to reach $22.6 billion in revenue in 2028, with profit making up 7.2% of revenue in that year.
• Around 44% of household moves are completely handled by a moving company and 38% of business moves are managed by professional movers.