4/10

Franchimp Summary Rating

4 /10
Higher than 68% of peers

Franchise Summary

Description
This franchise is for a storage and moving business featuring use of portable containers, using oursystem, and our trademark "Go Mini’s. "
Company Background
Go Mini's is a mini storage and moving business that specializes in using portable containers, their system, and trademark "Go Mini's."
Franchise Opportunity
You need to move, but don't want to deal with the hassle and stress of packing up your entire home. Moving is already a headache, so why make it worse by having to pack everything yourself? Go Mini's is the perfect solution for you. We provide portable storage containers that are easy to use and can be delivered right to your door. Plus, our trademarked name guarantees that you're getting a quality product.
Corporate Structure
Go Mini’s Franchising, LLC is a limited liability company organized in the State of Delaware. Their address is 2655 First Street, Suite 120, Simi Valley, California 93065. They started offering franchises on May 24, 2012.
Royalties and Marketing Fees

Royalties : 8% of Gross Sales with a monthly minimum of $400. Converting dealers from other concepts get a reduced rate of 7% of Gross Sales with a monthly minimum of $400. Converting Go Mini?s dealers receive a reduced royalty rate for the first 2 years- 5% of Gross Sales in year 1 and 6% of Gross Sales in year 2. Thereafter, royalty rates increase to 7% with a monthly minimum of $400.

Royalties : Up to 2% of Gross Sales, minimum $100 per month

Royalties : Varies

Franchise Types Available

# Type Investment Fees

Employee Contact Database

# Name Position Phone Number Email Address

Distribution of Go Mini's Franchisees

Go Mini's Franchise System Development in 2021

FAQ

How much investment do I need to start my own Go Mini's business?
Franchisees typically require at least $291 to $634 investment to get their Go Mini's business started
What are the initial franchise fees for Go Mini's?
Franchisees typically need to pay at least $230 in fees directly to Go Mini's in order to earn the right to launch their business
How much money can I make with a Go Mini's franchise? What are the average revenues for a typical Go Mini's business?
We haven’t done the math on how much revenue a typical Go Mini's brings in each year. We estimate that other franchisees in the Professional Services industry generate $952,375 revenue, so we would expect Go Mini's to generate a similar amount
How long do I need to commit to running a Go Mini's unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

Accessibility

4 /10
The Franchisor's investment costs ranges from $291,674 to $634,949 which is Much Higher than the $0 to $0 average in the Services-General industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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