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PODS.com is the web site of Moveable on Demand Storage, a transferring and storage firm that was based in 1998. Individuals seeking to transfer interstate or intrastate depend on PODS which has develop into synonymous with the business. How would you wish to revenue from the corporate’s identify? That is now attainable due to the franchising alternatives supplied by the group which has over 140,000 storage containers in service and a singular technique of supply and packing. In early 2007, PODS was bought by Arcapita for over $450 million. The corporate has elevated in recognition since then so one can solely think about how a lot it’s price in the present day.
Is a PODS Franchise a Good Thought?
On the face of it, a PODS franchise seems to be an excellent alternative given its profitability and model recognition however it could not essentially be the very best match for you. It’s your accountability to conduct due diligence and resolve whether or not investing in a PODS franchise is a probably profitable endeavor. PODS.com affords a variety of knowledge and is extraordinarily useful in terms of franchise queries.
Qualifying For A PODS Franchise
Sadly, turning into a PODS franchisee will not be attainable when you’ve got the financial savings and checking account of the common American. In response to PODS.com, candidates want a internet price of $1 million, 30% of which should be within the type of liquid property similar to shares. Nonetheless, different web sites devoted to offering info on franchise alternatives place the funding vary at nearer to $10,000! Clearly, wires have been crossed someplace alongside the road.
Extra Info
In response to PODS.com, you’ll pay royalties of 8% in your internet gross sales with an extra promoting payment which is 2% of your internet gross sales. It isn’t a short-term funding for the reason that minimal time period is 20 years and extra phrases of 10 years can be found thereafter in case your franchise has been a hit. There are at all times PODS franchise alternatives obtainable in the US with present vacancies obtainable right here.
Why Select A PODS Franchise?
PODS is probably the largest identify in a sector that’s rising exponentially. They’ve delivered greater than 2 million containers of their comparatively transient historical past and prospects proceed to flock to PODS as they really feel it’s a model they will belief for his or her self storage and transferring wants. It makes a number of hundred million {dollars} per yr and buying certainly one of their franchises equates to virtually assured success as a result of you’ll have the backing of the company.
PODS stand to earn appreciable income out of your success so it is solely pure that they may have your greatest pursuits at coronary heart. There are properly in extra of fifty,000 storage amenities in the US, a quantity that is rising quickly. The success of self storage reveals no indicators of slowing down both as Individuals proceed to hoard their possessions. If you’re already comparatively rich and want to generate sufficient revenue to retire on, a PODS franchise may very well be proper up your avenue. The draw back is that such a franchise doesn’t look like a viable choice for these with a mean revenue and common degree of financial savings.