Storage Authority
Formerly known as Authority Brands
Bottom line
- Total investment $298K – $9.8M including a $69K franchise fee, 6.0% ongoing royalty.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated MODERATE with a risk score of 64/100. SBA loan default rate of 0.0% across 11 loans (below the industry average).
- No 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
Yale framework · single-unit ROIC
Returns Analysis
Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.
The model · Yale framework
What would one Storage Authority unit return on the cash you put in?
Unlevered ROIC · per unit
2%
Below typical band (30–60%)
Overview
About
Franchisees develop and operate self-storage facilities, managing tenant acquisition, facility maintenance, pricing optimization, and customer service. Day-to-day activities include lease administration, collections, facility inspections, marketing, and staff oversight. Revenue derives from monthly rental fees for climate-controlled and standard storage units.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 12 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.
Government records
SBA Loan Data
Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Storage Authority is a micro-system (2 units) with opaque financials, going concern issues, and no performance benchmarks—unsuitable for investment without extensive direct validation.
Score breakdown · what drove the 64 / 100 rating
- 01MINOROnly 2 operating units — indicates nascent/failing system with no proven scalability
- 02MEDNo average revenue or net income disclosed — prevents ROI analysis and suggests poor performance
- 03HIGHGoing Concern status FALSE — indicates financial distress or viability questions at franchisor level
- 04MINORWide investment range ($298K–$9.8M) with no clarity on what drives 33x difference
- 05MINORMinimum $1,950/month royalty floor on 2-unit system suggests franchisees may be struggling to hit 6% threshold
- 06MEDNo disclosed unit growth metrics — likely stagnant or negative growth trajectory
- 07MINOR12-year term is unusually long for unproven self-storage model with minimal comparable data
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
Item 11
Training & Operations
Item 20
Franchisee Contacts
Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.
Franchisee contacts
32 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Storage Authority · FDD (2025) PDF