Launch an easyStorage self storage franchise in Somerset with an estimated Year 5 turnover of £250,000 to £350,000 and EBITDA of £75,000 to £100,000.
This new franchise territory offers the opportunity to develop a container storage business under the established easy brand. A potential site has been identified in the local area, with an estimated 100 to 125 containers after five years. Set-up costs are estimated at £150,000 to £200,000, with £75,000 to £100,000 in own capital and funding typically split equally with a bank. Operating breakeven is estimated between months 12 and 16.
Customers rent storage units on a monthly basis, providing recurring revenue as occupancy grows. The VAULT platform handles online bookings and smartphone access, potentially available 24 hours a day. Central sales, customer experience and marketing teams support the business, while the PULSE platform helps franchisees monitor performance. No on-site employees are required.
Storage assets are purchased for the site and rented back to the franchisee through an arrangement supported by easyStorage's £180 million facility with Arini Capital. Additional containers can be delivered as demand increases, allowing rental commitments to grow alongside the business. A strong business background or record of previous success is beneficial, as landlords generally require a strong covenant.
A Franchise Development Manager provides ongoing business coaching, supported by specialist marketing partners and central operational teams. The franchise term is 10 years, renewable for a further 10 years.
Enquire to explore this Somerset franchise opportunity and the next Discovery Day. All financial figures are indicative estimates from the site's business plan, before bank finance and tax. They are not actual results, forecasts or guarantees. Performance depends on rent, local pricing and competition, and independent financial advice is recommended.
