Aug 18, 2023

How much will it cost to build a new facility and how long will it take?

By Garrett Byrd

Discovering Your Path to Self-Storage Success: Building with Storage Authority Franchise When it comes to building a new self-storage facility, understanding the cost and timeline is crucial for a successful venture. At Storage Authority Franchise, we provide expert insights to help you navigate these important aspects.

Estimating Development Costs: A Customized Approach Development costs vary across regions, shaped by factors such as land expenses, facility size, material and labor rates, chosen features, and compliance with zoning and ordinances. For a comprehensive breakdown, delve into Item 7 of our Financial Disclosure Documents (FDD) package. Keep in mind that projects often unfold in multiple phases, offering flexibility in managing expenses.

Mapping the Development Journey: A Glimpse into the Timeline While the development timeline can be influenced by various factors, a general overview provides a roadmap:

🔍 2 to 12 Months: Research and Locate Land Finding the ideal site sets the foundation for success.

🏗️ 2 to 4 Months: Prepare Civil Engineering Site Plan Designs Crafting a functional blueprint tailored to your vision.

🏢 3 to 4 Months: Prepare Architectural Building Designs Transforming concepts into detailed architectural plans.

📝 3 to 4 Months: Obtain Government Approvals Navigating regulatory processes with precision.

🛠️ 8 to 12 Months: Construction

Bringing your self-storage vision to life.

Remember, these phases can overlap and be influenced by various factors, leading to shorter or longer durations. Our seasoned team at Storage Authority Franchise is here to guide you through each step, leveraging our expertise to ensure your journey is smooth and successful.

Here is the #1 thing you should think about when it comes to building your first self Storage

At Storage Authority Franchise, we're not just building facilities; we're building legacies. Connect with us today to embark on your self-storage journey with confidence and clarity. Your success is our mission.

Thinking about joining the Storage Authority family and embarking on your journey towards financial freedom and success.

Do you want to have a 15-minute call to learn how Storage Authority helps improve the systems, sales, marketing, and profits at your existing facility? If you are building from the ground up let's also review how we help you find land and get your facility designed, approved, and built. Please send me an email or call me – no appointment is needed:

Garrett@StorageAuthority.com or 941-928-1354

If you would like to learn more and start your journey to self-storage ownership click the link here: http://www.storageauthorityfranchise.com/opportunity2

About Storage Authority Franchise: Storage Authority Franchise is a leading provider of comprehensive solutions for self-storage development and operations. With a focus on excellence and profitability, we empower franchise owners to achieve elite status in the industry as an alternative to 3rd party management. Our proven systems, expert guidance, and unrivaled support help self-storage facilities thrive and surpass all expectations.