Storage AuthorityFranchise Cost, Revenue & Review 2026
Formerly known as Authority Brands
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A Storage Authority franchise requires a total initial investment of $298K – $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). Verdict grade: F. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $298K – $9.8M
- 51st pct Business Serv…
- Avg gross sales
- N/A
- 29th pct Business Serv…
- Royalty
- 6.0%
- 9th pct Business Serv…
- Units
- 2
- 6th pct Business Serv…
- SBA default
- 0.0%
- system-wide median varies by category
Quick verdict · Business Services · color = vs category peers
Green = >15% above Business Services avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
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.
- Verdict F (Bottom Quintile) with a risk score of 100/100.
- 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
- 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
- FL
- 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
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.
- CEO
- Marc Goodin
- Headquarters
- FL
- Founded
- 2014
- FDD year
- 2025
- States available
- 1
FDD Item 7 · 2025 filing · 19 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
- $298K – $9.8M
- Near category avg vs category
- Liquid capital req'd
- $30K – $315K
- Better than avg vs category
- Franchise fee
- $69K – $69K
- Near category avg 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 |
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
vs Business Services averages
How Storage Authority Compares
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
- Transfers (3yr)
- 0
- Projected new
- 7
- Franchisor's next-year forecast
- Ceased ops
- 50.0%
- Units that stopped operating
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 contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
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
- 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
- 0.0%
- Loans approved 2021+
- Active lenders
- 2
- Defaults
- 0
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into Storage Authority's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 2 lenders with concentration factor
- Per-state charge-off rates across 4 states
- Startup risk premium and job creation velocity
- 5-year lending trend
- SBA 504 real estate/equipment data
Instant access. No subscription.
Risk analysis
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.
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 100 / 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
| 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
32 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 $298K – $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 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 F-grade franchise with a risk score of 100 out of 100, 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.
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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.