Develop an easyStorage self storage franchise in Oxfordshire, with estimated Year 5 turnover of £450,000 to £550,000 and EBITDA of £150,000 to £200,000.
A potential site has been identified for this new Oxfordshire franchise territory, with an estimated 125 to 150 storage containers after five years. Set-up costs are projected at £150,000 to £200,000, with an own-capital requirement of £75,000 to £100,000. Costs are typically shared equally with a bank, and operating breakeven is estimated at approximately month 12.
The business model provides flexible, month-to-month container storage rentals, building recurring income as the site attracts customers. VAULT, easyStorage's online operating platform, handles bookings and smartphone-controlled access, potentially available 24 hours a day. The central Sales Desk handles sales conversions, the Customer Experience team manages customer support, and specialist marketing partners assist with local campaigns.
No on-site employees are required. Storage assets are purchased for the location and rented back to the franchisee, supported by easyStorage's £180 million facility with Arini Capital. Containers are added as demand grows, helping the franchisee manage rental costs during the development period. PULSE provides business performance information, while a Franchise Development Manager offers ongoing guidance.
Business experience or a strong record of previous success is beneficial because landlords generally require a strong covenant. The initial franchise agreement runs for 10 years and is renewable for another 10 years.
Enquire to explore the Oxfordshire franchise opportunity and the next Discovery Day. All financial figures are indicative business plan estimates before bank finance and tax, not actual results or guaranteed returns. Performance depends on rent, local pricing and competition. Independent financial advice is recommended.
