Storage Authority Franchise Cost, Revenue & Review 2026
Formerly known as Authority Brands
Data from FDD filing + SBA 7(a) records
Analysis by FranchiseVerdict Research · Methodology
Storage Authority is a self-storage franchise that develops and operates storage facilities. Franchisees run local operations, managing leasing, tenants, pricing, and facility maintenance.
FranchiseVerdict summary · 2026
A Storage Authority franchise requires a total initial investment of $7.0M – $9.8M, including a $69K franchise fee and an ongoing 6.0% royalty[2]. The 2025 FDD does not disclose unit-level revenue (no Item 19). FranchiseVerdict grade: C (Average), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2025 FDD issuance
Overview
- Investment
- $7.0M – $9.8M
- 65th pct Business Serv…
- Avg gross sales
- N/A
- 2 outlets
- Royalty
- 6.0%
- 8th pct Business Serv…
- Units
- 2
- 6th pct Business Serv…
- SBA charge-off
- N/A
Quick verdict · Business Services · color = vs category peers
Green = favorable by >10% vs Business Services 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 $7.0M – $9.8M including a $69K franchise fee, 6.0% ongoing royalty.
- RETURNSNo Item 19 financial performance data disclosed. The franchisor chose not to publish revenue figures.
- RISKVerdict C (Average), verdict score 39/100 (higher is better).
- DATANo Item 19 financial performance representation. Without franchisor-disclosed revenue data, you'll need to gather unit economics directly from existing franchisees.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- Storage Authority, LLC
- CEO title
- President & Co-Founder
- Marc Goodin
- CEO experience
- 20 yrs
- Years in role or industry
- Founder active
- Yes
- Original founder still leading the business
- Incorporated in
- Florida
- HQ
- 677 N. Washington Blvd., Sarasota, FL 34236
- Auditor
- Muhammad Zubairy, CPA PC
- Audited financials
- Franchisor revenue
- $514K
- vs $616K prior year
- Management churn noted
- Frequent turnover
- Item 2 disclosed frequent executive changes
Overview
About
- CEO
- Marc Goodin
- Headquarters
- FL
- Founded
- 2014
- FDD year
- 2025
- States available
- 1
Can you afford it, and what does the money buy?
Entry cost runs 2907% above the typical business services franchise.
Source: FDD 2025 · Items 5–7
Full Item 7 breakdown19 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Fee (New Construction)not refundable | $69K | $69K | |
| Land Acquisition Costs | $800K | $2.0M | |
| Design, Testing, Market Study, Phase 1 Enviro, Site Development & Building(s) | $5.7M | $7.1M | |
| Costs/expenses associated with attending training in Sarasota, FL (New Construction) | $6K | $10K | |
| Office equipment, furniture, supplies, computer system, equipment (New Construction) | $15K | $30K | |
| Initial Website and Management Software Set Up Fee (New Construction) | $3K | $6K | |
| Signage & Logo Inventory (New Construction) | $80K | $150K | |
| Initial Inventory (New Construction) | $5K | $20K | |
| Permits, Licenses, Insurance, Utility deposits, Professional fees (New Construction) | $50K | $100K | |
| Additional Funds and Working Capital for 18 Months (new facility) | $225K | $315K | |
| Initial Franchise Fee (Existing Facility)not refundable | $69K | $69K | |
| Refurbishing and Rebranding | $85K | $280K | |
| Costs/expenses associated with attending training in Sarasota, FL (Existing Facility) | $6K | $10K | |
| Office equipment, furniture, supplies, computer system, equipment (Existing Facility) | $5K | $30K | |
| Initial Website and Management Software Set Up Fee (Existing Facility) | $3K | $6K | |
| Signage & Logo Inventory (Existing Facility) | $75K | $150K | |
| Initial Inventory (Existing Facility) | $5K | $20K | |
| Permits, Licenses, Insurance, Utility deposits, Professional fees (Existing Facility) | $20K | $40K | |
| Additional Funds and Working Capital for First Three Months (Existing facility) | $30K | $60K | |
| Total initial investment | $7.3M | $10.5M |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $7.0M – $9.8M
- Middle of category vs category
- Liquid capital req'd
- $30K – $315K
- Middle of category vs category
- Franchise fee
- $69K – $69K
- Middle of category vs category
- Royalty
- 6.0%
- Gross Revenues · typical 6–8%
- Ad fund
- 2.5%
- typical 3–5%
- Total fee load
- 8.5%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 6.0% of gross sales |
| Marketing / ad fund | 2.5% of gross sales |
| Technology fee | $100 |
| Training fee | $150 |
| Transfer fee | $20K |
| Total fee load | 8.5% of rev |
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
Storage Authority did not disclose financial performance in FDD Item 19. The ROIC and return models require Item 19 revenue. Without it all inputs are estimates. You can still run the calculator with your own assumptions by entering an expected revenue figure.
Returns model · single-unit ROIC
What would one Storage Authority unit return on the cash you put in?
Unlevered ROIC · per unit
Estimated return on your total franchise investment, before any debt financing.
1%
Below the 30–60% attractive-franchise band
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: 2025 FDD
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Fee burden
Total ongoing fee load of 8.5% — below the Business Services average of 11.9%.
Disclosure
Franchisor chose not to disclose financial performance representations. You will need to gather unit economics directly from existing franchisees.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Business Services averages
How Storage Authority Compares
Is the system healthy?
Source: FDD 2025 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 2
- Opened
- 0
- Last reporting year
- Closed
- 1
- Terminated
- 0
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 50.0%
- Company-owned
- 2
- Corporate units in the system
- % franchised
- 0%
- vs corporate-owned
3-year detail · Item 20
- Opened (3yr)
- 0
- Closed (3yr)
- 1
- Terminated (3yr)
- 0
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 1
- Reacquired (3yr)
- 0
- Franchisor bought back
- Projected new
- 7
- Franchisor's next-year forecast
- Ceased ops
- 50.0%
- Units that stopped operating
Last reporting year only, multi-year history not disclosed in this brand's FDD.
Item 12 · 1 state reported
The Territory Map
FDD Item 12 reports the state count, but the specific list isn't in our current data. The map will appear once we re-extract from the FDD or enough franchisee contacts are available.
1
states with franchisees (per FDD Item 12)
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA loan disclosures. This brand has only 9 7(a) loans on file; statistical reliability is limited below 10 loans.
- Total loans
- 9
- Loan volume
- $13.6M
- Median loan
- $576K
- 50th percentile
- Charge-off rate
- N/A
- limited sample (9 loans) — rate not shown below 10
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- N/A
- 5-yr charge-off
- N/A
- Loans approved 2021+
- Active lenders
- 2
- Defaults
- N/A
Explore lender portfolios on Bank Reports or regional data on State Reports.
What could kill this investment?
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
Negative franchisor net worth of -$527,984 despite positive net income of $144,624 on $615,889 revenue, plus no Item 19 disclosure. Only 2 company-owned units, no franchised units currently open. No litigation, bankruptcy, or going-concern; audited.
Litigation (Item 3)
No litigation required to be disclosed
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: No
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 39 / 100 verdict
- 01MINORNegative net worth -$527,984
- 02MINORNo Item 19 disclosure
- 03MINOR0 franchised units open (2 company-owned)
- 04MINORPositive net income $144,624 (mitigating)
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 8.5% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2025 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 12 years |
|---|---|
| Renewal term | 10 years |
| Territory type | Radius |
| Protected territory | Yes |
| Exclusive territoryℹ | Yes |
| Territory radius | 3 mi |
| Territory population | 10,000 |
| Online sales rightsℹ | Granted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 1 year |
| Non-compete (miles)ℹ | 5 mi |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 45 days |
| Mandatory arbitration | Yes |
| Jury trial waiver | Yes |
| Governing law | Florida |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation required to be disclosed
Items 10, 11
Training & Operations
- Classroom training
- 49 hrs
- On-the-job training
- 0 hrs
- Training location
- On-site and corporate
- Time to open
- 3 mo
- From signing to launch
- POS system
- SiteLink
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: SiteLink
Item 20 · call current owners
Franchisee Contacts
35 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Storage Authority · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Storage Authority franchise?
The total investment to open a Storage Authority franchise ranges from $7.0M – $9.8M, with an initial franchise fee of $69K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Storage Authority franchise owners earn?
Storage Authority does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is Item 19 in the Storage Authority 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 Storage Authority FDD and qualifies whose outlets they describe.
What is Storage Authority's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Storage Authority (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many Storage Authority franchise locations are there?
As of their most recent FDD filing, Storage Authority has 2 total units in the United States, including 0 franchised units and 2 company-owned units.
Is Storage Authority a good franchise to buy?
FranchiseVerdict rates Storage Authority as a C-grade franchise with a verdict score of 39 out of 100 (higher is better), based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. 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
Are you the franchisor?
If you represent Storage Authority, you can request corrections or provide updated information.
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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.