Large moving and storage brands often look for franchisees to help them expand their operations to new towns or cities. These businesses have the benefit of experience, a strong brand name and extensive knowledge about everything from marketing to health and safety and insurance issues. As a franchisee, you can benefit from this knowledge and experience.
For example, when partnering with a moving or storage company that already has several branches across Canada, you can benefit from the strength of that network, both in terms of nationwide advertising, referrals and even the purchasing power the brand has for truck liveries or climate control equipment for storage units.
Storage Businesses for Sale
The world is becoming increasingly mobile, with people choosing to relocate long distances for their careers or to be with loved ones. This has created significant demand for moving and storage companies. While people can move their minimal belongings with a rented van, professional movers are better equipped to handle bulky or delicate goods.
Storage units are always in demand as people look for convenient, secure places to store excess property for their business or domestic needs. Providing storage solutions can be a lucrative business opportunity. Of course, as with so many other business opportunities, running a storage business requires careful planning and extensive market research. If you're not familiar with the storage industry in Canada, you could easily make expensive mistakes that would ruin your reputation. Working with a franchise company could help you get your moving and storage business off to a good start.
Initial Investment and Opening Costs for Moving and Storage Franchises
The cost to get started as a moving and/or storage franchise operator depends on the business you partner with. It's possible to get started with as little as $70,000 in some cases, but other franchise opportunities require $100,000 or more. For this money, you typically receive training from the franchise company and help with marketing and attracting your first customers.
Some franchise opportunities are almost turnkey, so you might be able to purchase a storage franchise opportunity that includes the storage units ready to go. In other cases, the franchise owners advise you on what sort of land to look for and what kind of containers to purchase, but you need to do the legwork yourself. These franchises cost less to start, but you need to invest time and effort to turn them into profitable ventures.
Many franchise companies offer finance options, so if you don't have the capital available up-front, you may still be able to get started in the business. Our database has a range of franchise opportunities to suit different interests and levels of available capital.
Benefits of Being a Moving and Storage Franchisee
If you're interested in starting a moving and storage business, you may wonder why you'd want to pay money to a franchise owner. Certainly, if you have some experience in the industry and plenty of start-up capital, running your own business could be an option. As a small business owner, you have full control and freedom.
However, in the moving and storage industry, reputation is everything. Being part of a franchise gives your business an air of legitimacy that can help you get clients more quickly. You also gain access to training and information about insurance, sample contracts for clients to fill out, best practices for movers and even things like access to better deals for boxes, packing pellets and other things that make doing business slightly easier.
If you're considering starting a moving and storage business, it's worth exploring the franchises available in your area to see what they offer and how much it would cost to join. We have a large list of franchise opportunities in our database. Explore the options on this page and fill out the contact form to be put in touch with the franchise to request more information.