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Below is an in-depth analysis and side-by-side comparison of Smartbox Portable Self Storage vs GarageExperts including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $365,900 - $849,300 | $51,414 - $143,992 |
Franchise Fee | $40,000 - $150,000 | $15,000 |
Royalty Fee | 7% | $500-$1.8K/mo. |
Advertising Fee | - | $500/mo. |
Year Founded | 2003 | 2008 |
Year Franchised | 2004 | 2008 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/Yes |
Start-up Costs | No/Yes | -/Yes |
Equipment | No/Yes | -/Yes |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | Classroom Training: 26.75 hours |
Support | - | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
Marketing | - | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations | - | Number of Employees Required to Run: 2 - 8 |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | No | Yes |
SMARTBOX provides moving options at an affordable price, as well as time saving solutions that will help make your move less tiring and more enjoyable. Equally, we understand storage. We know that providing our customers with space saving solutions is important, and our goal is to offer great storage options that work for your specific needs.
Garage Experts™ is positioned to provide the services needed by homeowners who are updating or enhancing their garages every day. A Racor Home Storage Products 2013 study indicates that of the approximately 67-million garage owners, 63 percent have a two-car garage. Several factors account for the fast-paced growth in garage storage products, including homeowner requests for “man caves,” complete garage makeovers, and storage space for tools and hobby equipment.