About the Franchise
Storage King was founded in 2012 by Dylan Rodrigues CA (SA) and Dr Antonio Rodrigues MBA who are both proud South Africans who have been business owners for over thirty years. Storage King has been providing personal and business storage for the past 7 years and are leaders in the portable storage industry.
The franchise opportunity will offer mobile/self-storage solution for personal and business needs.
What do you get for the investment?
Storage King will setup the depot according to the provided specifications and using recommended/approved suppliers that adds up to the setup cost.
Finance Details
Initial Franchise Fee: R150,000
Working Capital: R1,022 ,149
Establishment/Setup Cost: R145,500
Total Franchise Investment: R1,317,649
Please note that all of the above figures are exclusive of VAT
Setup and working capital may vary depending on the site and location, excludes rental deposit.
Monthly Management Service Fee
8% of sales with a minimum fee of R15,000 from month 9 .
Monthly Administrative Fee
(<450 units) R 3000 (Optional Debtors Clerk Function) / (>450 units) R6 000 (Optional Debtors Clerk Function).
Monthly
Advertising Fee
4% of sales.