How Much Does a MyWay Mobile Storage Franchise Cost?

Initial Franchise Fee

The initial franchise fee for MyWay Mobile Storage is $40K. This one-time payment covers the right to operate under the brand, access to proprietary systems, and initial training programs.

Total Investment Range

Opening a MyWay Mobile Storage franchise requires a total investment of $238K – $834K. This range typically includes real estate or leasehold improvements, equipment and fixtures, initial inventory, signage, insurance, and working capital to sustain operations during the ramp-up period.

Working capital alone ranges from $53K to $62K.

Ongoing Costs

Beyond the initial investment, MyWay Mobile Storage franchisees pay ongoing fees. The royalty fee is 3.0% of gross sales (Adjusted Gross Sales). The advertising or brand fund contribution is 2.0% of gross sales. There is also a technology fee of $600.

Net Worth & Liquid Capital Requirements

MyWay Mobile Storage requires working capital of $53K – $62K to cover initial operating expenses. This is the liquid cash you should have available beyond the franchise fee and buildout costs.