Storage Authority Franchise FDD, Profits & Costs
Storage Authority is a U.S. self-storage franchise brand that enables entrepreneurs to develop and operate their own professionally designed storage facilities. Launched in 2016 by industry veterans Marc Goodin and Garrett Byrd, the company runs its main operations and franchise support services from Sarasota, Florida.
Two years after its founding, in 2018, the brand opened its concept to franchisees and began expanding its network. The franchise focuses on providing storage solutions through facilities that offer a range of unit types and sizes, all operated under the Storage Authority brand.
Its concept appeals to real estate investors and business owners looking for a scalable, recession-resistant model backed by consistent demand in the storage sector.
A key part of Storage Authority’s value proposition is its comprehensive, step-by-step support system that assists franchisees from initial planning to full operation. The brand combines personalized customer service with modern technology, offering features such as automated rentals, online payments, and efficient digital marketing tools.
Initial Investment
How much does it cost to start a Storage Authority franchise? It costs on average between $298,000 – $9,800,000 to start a Storage Authority franchised business.
This includes costs related to land acquisition, facility construction, site development, equipment, and the initial operating expenses required to open a Storage Authority location. The exact investment varies based on several factors, including the size of the storage facility, the local market, and whether the franchisee chooses to develop new construction or convert an existing property. Storage Authority offers 2 types of franchises:
| Type of Expenditure | Amount |
|---|---|
| New Self-Storage Outlet franchise | $6,953,000 – $9,800,000 |
| Conversion of Existing Self-Storage Outlet | $298,000 – $660,000 |
We are summarizing below the main costs associated with opening a New Self-Storage Outlet franchise. For more information on costs required to start a Storage Authority franchise, refer to the Franchise Disclosure Document (Item 7).
| Type of Expenditure | Amount |
|---|---|
| Initial Franchise Fee | $69,000 – $69,000 |
| Land Acquisition Costs | $800,000 – $2,000,000 |
| Design, Testing, Market Study, Site Development & Building(s) | $5,700,000 – $7,100,000 |
| Training Travel Expenses | $6,000 – $10,000 |
| Office Equipment, Furniture, Supplies & Computer Systems | $15,000 – $30,000 |
| Initial Website and Management Software Setup Fee | $3,000 – $6,000 |
| Signage & Logo Inventory | $80,000 – $150,000 |
| Initial Inventory | $5,000 – $20,000 |
| Permits, Licenses, Insurance, Utilities & Professional Fees | $50,000 – $100,000 |
| Additional Funds and Working Capital (18 Months) | $225,000 – $315,000 |
| Total | $6,948,000 – $9,800,000 |
Storage Authority Franchise Disclosure Document
Frequently Asked Questions
What funding options are available for a Storage Authority franchise?
Most franchise buyers in Storage Authoritys investment range finance their unit through an SBA 7(a) loan, with some multi-unit operators using SBA 504 loans. Buyers with rollable retirement funds sometimes use a ROBS structure. See SharpSheets financial model hub for guidance.
How long does it take to pay back a Storage Authority franchise investment?
Payback periods typically run 3-7 years depending on investment level, location performance, and financing structure. Actual payback varies significantly by unit performance and debt service obligations.
Who owns Storage Authority?
Storage Authority is owned by its co-founders, Marc Goodin and Garrett Byrd.
SharpSheets Editorial Team | sharpsheets.io | Last Updated: July 2026
Disclaimer
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Research Storage Authority franchise data: For the full FDD cost breakdown, investment tables, and Item 19 disclosures, visit FranchisePayback.com → Storage Authority FDD Review.
