MI-BOX Franchise FDD, Profits & Costs (2025)
MI-BOX Moving & Mobile Storage began operations in 2019 in the Chicago region and is currently based in Joliet, Illinois. By 2022, the brand expanded through franchising, giving entrepreneurs the chance to enter the growing portable storage market.
The company focuses on mobile storage containers and moving solutions, serving customers throughout the United States and Canada.
MI-BOX provides three container sizes—8, 16, and 20 feet—each designed with galvanized steel framing and composite wall panels to ensure durability and weather resistance. A patented Level Lift System is used to keep the containers steady while being moved, reducing the risk of damage to belongings.
What distinguishes MI-BOX from competitors is its commitment to customer convenience and advanced technology. The Level Lift System supports secure handling, while the robust design of the containers guarantees reliable protection. With flexible delivery and pickup services, MI-BOX caters effectively to both residential and commercial storage needs.
Initial Investment
How much does it cost to start a MI-BOX franchise? It costs on average between $371,000 – $1,282,000 to start a MI-BOX franchised facility.
This includes costs for storage containers, delivery equipment, vehicles, and initial operating expenses. The exact investment will vary depending on factors such as the territory size, the number of containers purchased at the start, and whether the franchisee decides to lease or buy vehicles and equipment.
| Type of Expenditure | Amount |
|---|---|
| Initial Franchise Fee | $18,000 to $250,000 |
| Initial System Set-Up and Integration Fee | $17,500 |
| Required Container Inventory (First 3 Months) | $80,400 to $197,100 |
| Shipping and Freight Charges (Initial Container Inventory) | $2,940 to $15,000 |
| Lift System (Pre-Opening) | $109,877 |
| Real Estate Lease Payments and Security Deposit | $4,000 to $40,000 |
| Approved Vehicle | $1,600 to $125,000 |
| Forklift | $1,600 to $60,000 |
| Initial Launch Marketing | $2,000 to $5,000 |
| Leasehold Improvements | $0 to $10,000 |
| Computer Equipment | $1,000 to $3,000 |
| Signage | $500 to $2,000 |
| Licenses and Professional Services | $1,000 to $5,000 |
| Utilities and Other Pre-Paid Expenses | $300 to $2,100 |
| Prepaid Insurance Premium and Deposit | $3,000 to $9,000 |
| Pre-Opening Training Costs and Expenses | $1,500 to $5,500 |
| Uniforms | $300 to $500 |
| Other Initial Inventory, Supplies and Assembly | $2,500 to $5,000 |
| Additional Containers (Within 6 Months of Launch) | $80,000 to $197,100 |
| Related Shipping and Freight (Additional Container Commitment) | $2,240 to $15,000 |
| Other Additional Funds – 6 Months | $43,600 to $226,500 |
| Total Estimated Initial Investment | $371,116 to $1,281,776 |
Average Revenue (AUV)
How much revenue can you make with a MI-BOX franchise? A MI-BOX franchised location makes on average $592,000 in revenue (AUV) per year.
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Frequently Asked Questions
How many MI-BOX locations are there?
As of the latest data, MI-BOX operates a total of 8 locations in the United States. Of these, 7 are franchise-owned while 1 is company-owned.
What is the total investment required to open a MI-BOX franchise?
The total investment required to open a MI-BOX franchise ranges from $371,000 to $1,282,000.
What are the ongoing fees for a MI-BOX franchise?
MI-BOX franchisees are required to pay a flat $10 per container per month as an ongoing fee. This fee replaces the traditional royalty system, meaning there is no percentage-based royalty on gross sales. Likewise, there is no ongoing marketing or advertising fee required of MI-BOX franchisees.
What are the financial requirements to become a MI-BOX franchisee?
To become a MI-BOX franchisee, candidates must have a minimum net worth of $1,000,000 and at least $250,000 in liquid capital.
How much can a MI-BOX franchise owner expect to earn?
The average gross sales for a MI-BOX franchise are approximately $0.59 million per location. Assuming a 15% operating profit margin, $0.59 million yearly revenue can result in $89,000 EBITDA annually.
Who owns MI-BOX?
The MI-BOX franchise is owned by MI-BOX International, LLC, a privately held company based in Joliet, Illinois.
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