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Go Mini's Portable Storage & Moving

2014 Franchise 500
#305
At a Glance

Products & Services: Portable storage containers

Number of Locations: 66

Total Investment: $224.5K - $452.8K

Founded: 2002

Began Franchising: 2012

About Go Mini's Portable Storage & Moving

Go Mini's was founded by Bill Norris in 2002, and began franchising in 2012. Franchisees rent out portable storage containers to residential and commercial customers who are moving or renovating, offering the option to keep the filled container on-site, transport it to another location, or store it at a Go Mini's facility.

Franchise Units

Year U.S. Canadian International Company Owned
2014 65 1 0 0
2013 60 1 0 0
2012 65 1 0 0
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $224,454 - $452,775
Franchise Fee: $45,000
Ongoing Royalty Fee: 8%
Term of Franchise Agreement: 10 years, renewable
Veteran Incentives: 10% off franchise fee
Financial Requirements
Net Worth: $300,000 - $500,000
Liquid Cash Available: $100,000 - $300,000
Operations
Franchise can be run from home. 59% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 2. Absentee ownership of franchise is allowed. (97% of current franchisees are owner/operators).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters. At franchisee's location: 4 days.
Ongoing Support: Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation
Marketing Support: Co-op advertising, National media, Regional advertising,

Franchise Ranking History

Franchise 500®: #305 (2014),
Top New: #19 (2014),
Top Home-Based: #88 (2014),

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