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2 Feb, 2023
Analysis | Development | Latest | Operations
Why Is Self-Storage The Best-In-Class Commercial Asset?
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Written by Ed Clement

Ed Clement is a franchise director at Storage Authority. One of his passions and responsibilities is helping franchisees find land by sharing how to find land both online and offline. Ed has a strong background in real estate, investment banking, and management consulting. He is available at Ed@StorageAuthority.com or 727 946 0745 to answer your questions and share the Storage Authority Franchise opportunity.

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The numbers say it all

  • There are more SELF-STORAGE facilities in the United States than McDonalds and Subway locations combined – and more are needed to meet growing demand.

  • SELF-STORAGE is now a $39 billion per year industry – and projected to grow more than $1 billion per year for the next 10 years.

  • Demand for SELF-STORAGE is strong – driven by such factors as divorce, death, downsizing, and relocation plus by growth in population, the number of renters, and household size.

  • SELF-STORAGE is recession-resistant– when the economy is strong, people buy more things and when the economy is weak, people downsize, preferring to store their things rather than get rid of them.

  • Unlike many business sectors, SELF-STORAGE is less price sensitive to price increases – once consumers become tenants, they want to avoid moving their possessions, so they do little or no comparison shopping.

  • 1 in 10 American families currently rents a SELF-STORAGE unit – that’s up from 1 in 17 reported in 1995, making SELF-STORAGE a huge untapped market.

  • Competition is limited and fragmented – of the approximately 52,000 SELF-STORAGE properties nationwide, only 10% to 12% are owned by large operators, while more than 85% are owned by “Mom and Pop” entrepreneurs.

Is it time for you to learn more? I would be happy to have a 15-minute call and review the highlights of how Storage Authority can help make your self-storage goal a reality. Ed 727-946-0745

Get more information on Storage Authority Franchise at www.storageauthorityfranchise.com.

Ed Clement is a franchise director at Storage Authority. One of his passions and responsibilities is helping franchisees find land by sharing how to find land both online and offline. Ed has a strong background in real estate, investment banking, and management consulting. He is available at Ed@StorageAuthority.com or 727 946 0745 to answer your questions and share the Storage Authority Franchise opportunity.