Storage Authority Franchisee Partnership Program
It is hard to come up with the $400K – $500 minimum cash equity required to get bank financing. Or maybe even if you have it you are not ready to spend your last dollar of savings. I know this because I was short on equity for my first self storage and took on a 50 – 50 partner. It was the best decision I ever made. This self storage made millions in profits and is still making me good money every month and I now own 2 more facilities. Not to mention the growing nest egg when we decide to sell it. It took me a couple of years of asking around to find a partner. To make it easier for you Storage Authority decided to help potential partners find each other via the Self Storage Partner Registry.
Storage Authority is excited to announce its first of a kind self storage developer match program. Everyday we hear from potential developers who are ready to move forward with their Storage Authority self storage but do not have the cash equity to get a loan. The Storage Authority Match program will put two individuals together to create a joint venture team who will have the typical cash equity required to qualify for a self storage loan and move forward with their joint venture Storage Authority facility. The program has just launched for the state of Texas and will launch for the rest of the US later this summer. Typically, it is for individuals who want to be 50 – 50 partners.
To qualify for the program, you must have a minimum of $200K cash equity you are ready to invest in a Storage Authority self storage and:
- Apply and be approved for a Storage Authority Franchise. Apply on line at StorageAuthorityFranchise.com
- Complete your review of the Storage Authority Platforms & Systems with your Franchise Director.
- Complete a one page Match Program questionnaire that provides your geographical limitations and other basic information a potential partner would need.
- We then facilitate introductions and we are available to help you navigate a winning partnership and of course the development and operation of your premier Storage Authority self storage.
If you are an investor we also have multiple investment opportunities as well from investing in individual self storages or Storage Authority, LLC.
Parties Interested in the Storage Authority joint venture program or investing in Storage Authority, LLC can call or email Marc at 860-830-6764 firstname.lastname@example.org for more details.