Franchise FAQs |
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Q: What is the initial franchise fee and what determines the size of a franchised territory? Q: What are the terms of the Franchise Agreement? A: The initial term of the franchise agreement is 20 years, which may be renewed for additional 10-year terms. The renewal will be subject to future franchise terms at the time of renewal. Q: What are the monthly royalty fees and how are they computed? A: The monthly royalty fees will range from 8%-10% of your total net sales, excluding refunds and sales tax. Q: How do I purchase my containers and inventory? A: You are required to purchase your UNITS brand containers and lift directly from UNITS Franchising Group, Inc. Additional inventory, such as packing and moving supplies, may be purchased from UNITS Franchising Group, Inc. as well. Q: What type of equipment is required to deliver and pickup the storage UNITS? A: A heavy-duty delivery truck with a patented-pending rollback body is needed and required to be purchased directly from UNITS Franchising Group, Inc. In addition, a 15,500 lb. minimum capacity lift truck is required to move UNITS around the facility. Q: What is the initial minimum number of mobile storage UNITS required to get started? A: You are required to purchase a minimum of 52 UNIT Brand Containers (16 8’x12’ and 26 8’x16’) at least two weeks prior to the opening of the business. Additional UNITS are made in minimum orders of ten (10) and all must be the same size UNIT. Q: What size storage facility is needed to operate the business? A: A climate-controlled storage facility with minimum 10,000-15,000 square feet and 30-feet high ceilings is recommended. Q: Am I required to purchase computer software to operate the business? A: Yes. You are required to purchase software designed specifically for UNITS Mobile Storage by UNITS Franchising Group, Inc. This software will allow you to operate the business and track the activity and inventory of your UNITS franchise. Q: Does UNITS offer direct financing for its franchisees? A: No. UNITS Franchising Group does not offer direct financing. However, we will be glad to assist you in finding a suitable financial institution that is familiar with our business. Q: How are the mobile storage UNITS shipped and who is responsible for the freight? A: The storage containers are shipped from our manufacturing facility, and it is the responsibility of the franchisee to schedule and pay for the freight and trucking. Q: What type of training does UNITS Franchising Group provide? A: Prior to the opening of your UNITS franchise, UNITS Franchising Group will offer a one-week training course (free-of-charge) at its corporate headquarters located in historical Charleston, South Carolina. In addition, UNITS may provide ongoing training throughout the year, which may be subject to additional charges. Travel, meals, and lodging are the responsibility of the franchisees. Q: Is field assistance available when opening my UNITS franchise? A: Yes. One of UNITS' Franchising Group's field consultants will make an on-site visit to your facility for your Grand Opening. As needed and at the expense of the franchisee, a field consultant may be available for further on-site assistance. Q: Am I given any territorial protection? A: Yes. The Franchise Agreement assigns a protected territory, and UNITS will not establish another franchised location within your Protected Territory. Q: What are the expected earnings? A: UNITS Franchising Group does not provide any information regarding your franchised earning expectations. When you are provided with our Uniform Franchise Offering Circular (UFOC), please review it and determine if UNITS Mobile Storage is the right investment for you. Q: How do I obtain a copy of the Franchise Agreement? A: Our franchise agreement is an esteemed document, and we will be glad to provide you with one at the time you personally meet with a member of our franchising team. In addition, a copy of our UFOC will be provided at the same time.
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