An opportunity to establish an easyStorage container storage franchise in the West Midlands, with estimated Year 5 turnover of £350,000 to £450,000 and EBITDA of £100,000 to £150,000.
A potential site has been identified for this new franchise territory, with capacity projected at 125 to 150 containers after five years. Estimated set-up costs range from £200,000 to £250,000, with an own-capital requirement of £100,000 to £125,000. Set-up costs are typically funded equally between the franchisee and a bank. Operating breakeven is estimated between months 12 and 16.
The business model focuses on convenient, drive-up container storage with recurring monthly rental income. Customers arrange bookings through the VAULT online platform and use their smartphones to access the site and individual units, potentially 24 hours a day. A central Sales Desk handles conversions, while the Customer Experience team supports customers and specialist marketing partners help attract new business.
As an unmanned franchise operation, no employees are required at the site. Containers are introduced progressively as the business develops, with storage assets purchased and rented back to the franchisee through an arrangement supported by a £180 million facility with Arini Capital. The PULSE platform provides business performance information, with a Franchise Development Manager available for ongoing guidance.
Applicants with business experience or a strong track record of previous success are well suited to the opportunity, as landlords generally require a strong covenant. The franchise offers an initial 10-year term, renewable for another 10 years.
Enquire to explore the West Midlands territory and the next Discovery Day. All figures are indicative business plan estimates before bank finance and tax, not actual performance or guaranteed returns. Results depend on rent, local pricing and competition. Independent financial advice is recommended.
