Storage Authority franchise
2026 filing · April 17, 2026
Storage Authority at a glance
A self-storage facility, which may include RV and vehicle storage, built new or converted from an existing site. At the end of 2025 there were 3 Storage Authority locations in the US, 1 franchised and 2 company-owned, so most are run by the company itself.
The business
- Industry
- Business services
- Franchisor
- Storage Authority, LLC
- The company that sells the franchises
- Franchising since
- 2015
- 11 years of selling franchises
- Franchisor based in
- Sarasota, Florida
What you pay
- Cost to open
- $6.17M–$8.4M
- A newly built self-storage facility
- Franchise fee
- $69,000
- You also pay a $3,000 website and software set-up fee
- Royalty
- 6%
- The greater of 6% of gross revenues or $1,950 a month, plus 2.5% or $400 a month for marketing and technology
- Agreement length
- 10 years
Where it is
- US locations, 2025
- 3
- Franchised and company-owned
- Franchised
- 1
- Company-owned
- 2
- Change in 3 years
- 0
- Franchised locations, 2023–2025
- States
- 2
- Most in Connecticut and New Jersey
From Storage Authority, LLC’s 2026 filing; revenue and net income from its audited financial statements, page 102; SBA status from the SBA Franchise Directory, October 28, 2026.
Franchisor revenue is the company that sells the franchises (royalties, fees and anything else it earns), not what a location makes.
Where it ranks
Storage Authority among all franchises with the same figure.
| Figure | Storage Authority | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $7,286,500 | Costs more than 97% of franchises |
| Franchise feePaid once, when you sign | $69,000 | Higher than 94% of franchises |
| RoyaltyShare of sales paid to the franchisor | 6% | Higher than 35% of brands with a set rate |
| US locationsFranchised and company-owned | 3 | Fewer than 78% of franchises |
How much a Storage Authority franchise costs
Opening a newly built self-storage facility costs an estimated $6,173,000 to $8,400,000. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are design, testing, market study, phase 1 enviro, site development & building(s) ($4,920,000 to $5,700,000) and land acquisition costs ($800,000 to $2,000,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $69,000 | ||
| Land Acquisition Costs | $800,000 | $2,000,000 | |
| Design, Testing, Market Study, Phase 1 Enviro, Site Development & Building(s) | $4,920,000 | $5,700,000 | |
| Costs/expenses associated with attending training in Sarasota, FL | $6,000 | $10,000 | |
| Office equipment, furniture, supplies, computer system, equipment | $15,000 | $30,000 | |
| Initial Website and Management Software Set Up Fee | $3,000 | $6,000 | |
| Signage & Logo Inventory | $80,000 | $150,000 | |
| Initial Inventory | $5,000 | $20,000 | |
| Permits, Licenses, Insurance, Utility deposits, Professional fees | $50,000 | $100,000 | |
| Agencies, etc. Additional Funds and Working Capital for 18 Months (new facility) | $225,000 | $315,000 | |
| Total | $6,173,000 | $8,400,000 | |
Source: Storage Authority, LLC, 2026 filing, page 14
Storage Authority franchise fee
The franchise fee is $69,000, you also pay a $3,000 website and software set-up fee. You pay it when you sign the franchise agreement.
Source: Storage Authority, LLC, 2026 filing, page 10
Royalty and ongoing fees
| Royalty | The greater of 6% of gross revenues or $1,950 a month, plus 2.5% or $400 a month for marketing and technology. |
|---|---|
| Marketing, Sales, Technology and Website Fee | 2.5% of Gross Revenues or $400 per month, whichever is greater |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Storage Authority, LLC, 2026 filing, page 11
Other fees as filed, from page 11. The filing lists every fee, including late fees and audit costs.
Sales and earnings
No figures Storage Authority does not share sales or profit figures for its locations. Talking to current and former franchise owners is the usual way to learn what a location earns.
Source: Storage Authority, LLC, 2026 filing, page 38
SBA loans to Storage Authority franchisees
Lenders approved 8 SBA-backed loans for Storage Authority franchisees from 2017 to 2026, $14M in all: 6 7(a) loans and 2 504 loans. All 5 that have ended were paid in full; none was charged off. The other 3 haven’t ended yet.
A charged-off loan is one written off as uncollectible. See SBA franchise loans for how 7(a) and 504 loans work.
Source: SBA 7(a) and 504 loan data, as of September 30, 2026
How Storage Authority compares
Of the 324 business services franchises on this site, Storage Authority is the most expensive to open and the 243rd largest by number of locations.
| Figure | Storage Authority | Typical business services brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $6.17M | $77K | $222K |
| Cost to open, high end | $8.4M | $136K | $477K |
| Franchise fee | $69K | $45K | $40K |
| Royalty | 6% | 7% | 6% |
| US locations | 3 | 32 | 21 |
| Closed or left per year | 50% | 6.9% | – |
| Change in franchised locations, 3 yrs | 0% | +3.8% | – |
| Shares earnings figures | No | 187 of 324 | 2,147 of 3,352 |
Typical is the median across the 324 brands in business services franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2023 | 1 (0) | 2 | 0 | 0 |
| 2024 | 0 (−1) | 2 | 0 | −1 |
| 2025 | 1 (+1) | 2 | +1 | 0 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: storage franchises and franchise failure rates.
Source: Storage Authority, LLC, 2026 filing, page 39
Where Storage Authority locations are
At the end of 2025, Storage Authority had locations in 2 states. The most are in Connecticut and New Jersey.
- Connecticut2
- New Jersey1
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| Connecticut | 0 | 2 | 2 |
| New Jersey | 1 | 0 | 1 |
Source: Storage Authority, LLC, 2026 filing, page 40
Who owns Storage Authority?
Storage Authority franchises are sold by Storage Authority, LLC. Its filing names no parent company.
From Storage Authority, LLC’s 2026 filing, page 8.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: Storage Authority, LLC, 2026 filing, litigation on page 10, bankruptcy on page 10
Storage Authority filings
The figures on this page come from Storage Authority, LLC’s 2026 filing, issued April 17, 2026, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2026 filing | April 17, 2026 | NASAA depository | Costs, fees and locations, 2023–2025 |
Each link opens the filing as a PDF. See the newest filings across all brands.
