Mi-box Mobile Storage & Moving Franchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
Analysis by FranchiseVerdict Research · Methodology
FranchiseVerdict summary · 2026
A Mi-box Mobile Storage & Moving franchise requires a total initial investment of $228K – $787K, including a $30K franchise fee. The 2026 FDD on file does not yield a unit-revenue figure we can publish. SBA 7(a) loans show a 0.0% charge-off rate across 17 loans[1]. FranchiseVerdict grade: B (Above average), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2026 FDD issuance
Overview
- Investment
- $228K – $787K
- 84th pct Real Estate
- Avg gross sales
- N/A
- Outlet subsetPartial period
- Royalty
- N/A
- Units
- 11
- 16th pct Real Estate
- SBA charge-off
- 0.0%
- % of SBA 7(a) loans not repaid · median varies by category
Quick verdict · Real Estate · color = vs category peers
Green = favorable by >10% vs Real Estate avg · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $228K – $787K including a $30K franchise fee.
- RETURNSItem 19 discloses monthly Total Gross Revenue, Containers Rented, and Average Monthly Gross Revenue per Rented Container for 6 businesses (5 franchised outlets + 1 affiliate-owned outlet) for CY2025: Dallas TX (total $425,641, avg/container $275.14), Colorado Springs CO (total $327,472, avg/container $223.80), San Diego County CA (total $2,398,981, avg/container $371.39), Affiliate Joliet IL (total $392,271, avg/container $218.16), Central Jersey NJ (total $843,622, avg/container $198.98), NWI Indiana (total $512,760, avg/container $320.62). Whole-outlet totals span roughly $327K-$2.4M but businesses are a mix of newly-converted dealers and decade-plus mature operations of very different scale, so no single blended average is presented by the franchisor.
- RISKVerdict B (Above average), verdict score 61/100 (higher is better). SBA loan charge-off rate of 0.0% across 17 loans (well below the franchise average, based on all SBA 7(a) franchise lending, 2010–2025).
- DATAItem 19 reports revenue for a partial period rather than annual gross sales, so unit revenue is not directly comparable. Ask franchisees directly for full unit-level revenue.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- MI-BOX L.L.C.
- Parent company
- MI-BOX Holding Group LLC
- CEO title
- President
- Brian C. Born
- Incorporated in
- Illinois
- HQ
- 511 Oak Leaf Court, Suite B, Joliet, IL 60436
- Auditor
- Muhammad Zubairy, CPA PC
- Audited financials
- Franchisor revenue
- $267K
- vs $279K prior year
Overview
About
Franchisor of mobile/portable storage container rental, moving and storage services under the MI-BOX brand, using proprietary system containers and a proprietary Lift System mounted on an approved vehicle.
- CEO
- Brian C. Born
- Headquarters
- Illinois
- Founded
- 2019
- FDD year
- 2026
Can you afford it, and what does the money buy?
Entry cost runs 132% above the typical real estate franchise.
Source: FDD 2026 · Items 5–7
FDD Item 7 · 2026 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $30K | $30K |
| Working capital (3–6 mo) | $44K | $227K |
| Equipment, build-out, other | $155K | $530K |
| Total initial investment | $228K | $787K |
Source: Mi-box Mobile Storage & Moving 2026 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $228K – $787K
- Bottom third — review vs category
- Liquid capital req'd
- $44K – $227K
- Bottom third — review vs category
- Franchise fee
- $30K
- Middle of category vs category
- Royalty
- Container Royalty Fee: $10 per container per month for ea…
- Ad fund
- No national/brand marketing fund. Local Advertising Requi…
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty (flat) | Monthly Recurring Fees: Trademark License Fee $400; General Maintenance Fee $600; Website Maintenance Fee $200; Software Fee $250; Administrative Fee $250; plus Container Royalty Fee $10/container above 86 containers. |
| Technology fee | $250 |
| Training fee | $18K |
| Transfer fee | $10K |
| Renewal fee | $8K |
| Inventory (initial) | $50K – $102K |
What do units actually make?
Source: FDD 2026 · Item 19
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
No Item 19 revenue figure for Mi-box Mobile Storage & Moving is on file. The return models need a revenue figure to start from, and the operating costs that turn gross sales into a profit are in no FDD. Enter your own and the calculator runs on your assumptions — nothing here is modelled until you do.
Returns model · single-unit ROIC
What would one Mi-box Mobile Storage & Moving unit return on the cash you put in?
Illustrative category typicals — not sourced to any filing, survey or sample. Replace them with figures from franchisee validation calls before you rely on the output.
Unlevered ROIC · per unit
Your modelled return on total invested capital, before any debt financing.
—
An FDD discloses gross sales, not profit. We hold no sourced figure for annual revenue, royalty rate, ad fund rate, COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2026 FDD
Financial Performance
Item 19 discloses monthly Total Gross Revenue, Containers Rented, and Average Monthly Gross Revenue per Rented Container for 6 businesses (5 franchised outlets + 1 affiliate-owned outlet) for CY2025: Dallas TX (total $425,641, avg/container $275.14), Colorado Springs CO (total $327,472, avg/container $223.80), San Diego County CA (total $2,398,981, avg/container $371.39), Affiliate Joliet IL (total $392,271, avg/container $218.16), Central Jersey NJ (total $843,622, avg/container $198.98), NWI Indiana (total $512,760, avg/container $320.62). Whole-outlet totals span roughly $327K-$2.4M but businesses are a mix of newly-converted dealers and decade-plus mature operations of very different scale, so no single blended average is presented by the franchisor.
vs Real Estate averages
How Mi-box Mobile Storage & Moving Compares
Is the system healthy?
Source: FDD 2026 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 11
- Opened
- 3
- Last reporting year
- Closed
- 0
- Terminated
- 0
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- N/A
- Company-owned
- 1
- Corporate units in the system
- % franchised
- 91%
- vs corporate-owned
3-year detail · Item 20
- Opened (3yr)
- 1
- Closed (3yr)
- 0
- Terminated (3yr)
- 0
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 0
- Reacquired (3yr)
- 0
- Franchisor bought back
Last reporting year only, multi-year history not disclosed in this brand's FDD.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
- Total loans
- 17
- Loan volume
- $17.6M
- Median loan
- $1.1M
- 50th percentile
- Charge-off rate
- 0.0%
- rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- 100.0%
- 5-yr charge-off
- N/A
- Loans approved 2021+
- Active lenders
- 3
- Defaults
- 0
- Typical loan rate
- 6.1%
- avg rate to borrowers
- vs industry
- N/A
- NAICS 5311
- Jobs supported
- 78
- 0.4 per loan
- Lender concentration
- 88%
- top lender's share
Borrower mix: 35% went to startups / new businesses, 65% to established operators
Top lenders financing Mi-box Mobile Storage & Moving franchisees
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into Mi-box Mobile Storage & Moving's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 3 lenders with concentration factor
- Per-state charge-off rates across 8 states
- Startup risk premium and job creation velocity
- 4-year lending trend
Instant access. No subscription.
With a 0.0% charge-off rate across 17 loans, banks have historically viewed this brand favorably for lending.
What could kill this investment?
SBA loans charge off at 0.0% — 100% below the 16.0% national norm, i.e. lower lender-observed risk.
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
Litigation (Item 3)
DFPI (CA) order/consent order re: unregistered franchise offer/sale by affiliate MHC ($5,000 payment); Minnesota Commerce Dept civil penalty ($1,000) for unregistered offer/sale; four active civil lawsuits involving affiliate MI-BOX Holding Company brought by former dealers/master dealers alleging franchise law violations, breach of contract, trademark infringement, and related claims - franchisor believes claims are without merit.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Muhammad Zubairy, CPA PC
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: Yes
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: Yes
What are you signing up for?
Source: FDD 2026 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Allowed renewalsℹ | 2 |
| Territory type | protected |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory population | 300,000 |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 25 mi |
| Right of first refusalℹ | Yes |
| RoFR response window | 30 days |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Termination groundsℹ | 21 |
| Curable defaultsℹ | 7 |
| Mandatory arbitration | No |
| Governing law | Illinois |
| Litigation count | 6 |
View Item 3 litigation summary
DFPI (CA) order/consent order re: unregistered franchise offer/sale by affiliate MHC ($5,000 payment); Minnesota Commerce Dept civil penalty ($1,000) for unregistered offer/sale; four active civil lawsuits involving affiliate MI-BOX Holding Company brought by former dealers/master dealers alleging franchise law violations, breach of contract, trademark infringement, and related claims - franchisor believes claims are without merit.
Items 10, 11
Training & Operations
- Classroom training
- 20 hrs
- On-the-job training
- 16 hrs
- Training location
- Joliet, IL Corporate Office (phone/webinar/video)
- Ongoing training
- Required
- Site selection
- Franchisee (with franchisor approval)
- Franchisor financing
- Not offered
- Item 10
- POS system
- e-CCM (proprietary CRM)
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: e-CCM (proprietary CRM)
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Mi-box Mobile Storage & Moving franchise?
The total investment to open a Mi-box Mobile Storage & Moving franchise ranges from $228K – $787K, with an initial franchise fee of $30K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Mi-box Mobile Storage & Moving franchise owners earn?
No average owner earnings figure for Mi-box Mobile Storage & Moving is on file. Item 19 — where a franchisor may disclose what its outlets earn — is voluntary under the FTC Franchise Rule, and we have not established what this brand's FDD says. Item 20 of the FDD lists current and former franchisees; asking them directly is the standard way to fill this gap.
What is Item 19 in the Mi-box Mobile Storage & Moving FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the Mi-box Mobile Storage & Moving FDD and qualifies whose outlets they describe.
What is Mi-box Mobile Storage & Moving's franchise failure rate?
Based on SBA 7(a) loan data, Mi-box Mobile Storage & Moving has a charge-off rate of 0.0% across 17 loans, meaning 0.0% of franchise loans were charged off. Charge-off rates are one proxy for franchise risk, though they do not capture all closures. This data comes from FOIA-sourced SBA lending records.
How many Mi-box Mobile Storage & Moving franchise locations are there?
As of their most recent FDD filing, Mi-box Mobile Storage & Moving has 11 total units in the United States, including 10 franchised units and 1 company-owned units. 3 new units were opened in the latest reporting year.
Is Mi-box Mobile Storage & Moving a good franchise to buy?
FranchiseVerdict rates Mi-box Mobile Storage & Moving as a B-grade franchise with a verdict score of 61 out of 100 (higher is better). The grade is a deterministic score built from six weighted dimensions — financial health, unit economics, unit growth, scale, legal, and transparency — then calibrated against SBA loan charge-off rates and FDD age. Transparency is one of the six, so a filing that discloses less scores lower on that dimension than one that discloses more. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.