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PODS.com is the website of Moveable on Demand Storage, a transferring and storage firm that was based in 1998. People seeking to transfer interstate or intrastate depend on PODS which has turn out to be synonymous with the business. How would you prefer 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 novel methodology of supply and packing. In early 2007, PODS was bought by Arcapita for over $450 million. The corporate has elevated in reputation since then so one can solely think about how a lot it’s value right this moment.
Is a PODS Franchise a Good Thought?
On the face of it, a PODS franchise seems to be an incredible alternative given its profitability and model recognition however it might not essentially be the very best match for you. It’s your accountability to conduct due diligence and determine whether or not investing in a PODS franchise is a doubtlessly profitable endeavor. PODS.com provides a variety of data and is extraordinarily useful in the case of franchise queries.
Qualifying For A PODS Franchise
Sadly, turning into a PODS franchisee shouldn’t be attainable when you’ve got the financial savings and checking account of the common American. In response to PODS.com, candidates want a web value of $1 million, 30% of which should be within the type of liquid belongings equivalent to shares. Nevertheless, 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.
Further Info
In response to PODS.com, you’ll pay royalties of 8% in your web gross sales with a further promoting charge which is 2% of your web 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 successful. There are all the time PODS franchise alternatives out there in america with present vacancies out there right here.
Why Select A PODS Franchise?
PODS is probably the most important identify in a sector that’s rising exponentially. They’ve delivered greater than 2 million containers of their comparatively transient history and clients 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 considered one of their franchises equates to virtually assured success as a result of you should have the backing of the company.
PODS stand to earn appreciable income out of your success so it is solely pure that they’ll have your finest pursuits at coronary heart. There are properly in extra of fifty,000 storage amenities in america, a quantity that is rising quickly. The success of self storage reveals no indicators of slowing down both as People proceed to hoard their possessions. If you’re already comparatively rich and want to generate sufficient earnings to retire on, a PODS franchise might be proper up your road. The draw back is that such a franchise doesn’t look like a viable choice for these with a median earnings and common degree of financial savings.
