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MI-Box
MI-BOX franchises enable operators to provide portable storage and moving services using proprietary lift systems installed on approved vehicles and distinctive storage containers sourced from designated suppliers. Franchisees offer drop-off, pick-up, transportation, storage, and ancillary services like moving items within a defined territory, targeting residential, commercial, and business customers for short-term or long-term needs such as moving, remodeling, or special events. The business model involves an initial franchise fee scaled by territory population ($18,000-$250,000), plus required purchases of equipment and ongoing adherence to system standards for brand consistency.
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Franchise Costs
Greater of $750/mo or $10 per Container royalty + $250/mo administrative fee + $1,500/mo local advertising requirement (not yet established brand fund up to $2/container/mo)
Financial Performance
Item 19 Financial Performance
Data Based On: Financial performance information for five franchised businesses and one affiliate-owned business, covering the period January 1, 2024 through December 31, 2024.
* Calculated average gross revenue by summing the 'Total Over 2024 CY' Gross Revenue for the 5 franchised businesses (Dallas, Texas, Colorado Springs, Colorado, San Diego County, California, Central Jersey, New Jersey, MI-MOX NWI, Northwest Indiana) and dividing by the number of franchised businesses (5). Total Franchised Revenue: $5,275,654.07 / 5 = $1,055,130.81.
Extracted Item 19 Section
Avg. Revenue: $1,055,131
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Unlock financial performance dataMI-Box Franchise Analysis
Portable storage stands out in moving services for its recession-resistant appeal, and MI-BOX bursts onto the scene with proprietary lift-gate tech that differentiates it from box rental rivals. Item 19 shines a light on early revenue performance from its slim network, while a stack of 17 SBA loans hints at the capital intensity of launching. But a franchisee lawsuit against affiliates whispers potential friction in this young system—what does the data say about scaling your own territory?
Item 7 lays out a hefty initial investment of $373,857 to $1,300,177, scaled by territory population with franchise fees from $18,000 to $250,000, plus mandatory vehicle and container buys that drive costs toward the higher end for bigger markets. Ongoing fees pack a punch: royalties at the greater of $750/month or $10 per container moved, a flat $250/month admin charge, and a $1,500/month local ad spend before any brand fund kicks in at up to $2/container. With only 7 franchise locations plus 1 corporate since franchising in 2022, explosive 250% growth from 2 to 7 units in 2024 and 3 projected new ones signal momentum, but the small base amplifies risks like over-reliance on early adopters.
Item 19 reports an impressive average gross revenue of $1,055,131 per unit, a standout for such a nascent brand in moving & storage where norms hover lower for startups. Yet 17 SBA loans averaging $1,037,735 underline the debt-heavy path to entry, with no default rates disclosed to flag repayment stress. A dealer lawsuit against the franchisor's affiliate and master dealer flags execution hiccups, potentially denting system maturity—pair that with no established brand fund, and you're betting on rapid expansion in a capital-intensive niche where high revenues tease big upside if growth sustains.
Analysis based on the 2025 Franchise Disclosure Document. All figures should be independently verified before making investment decisions.
How MI-Box Compares
Key Insights
- Top 10 largest franchise system in Moving & Storage
- Lower than average SBA loan default rate in Moving & Storage
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
MI-Box Current | $374K – $1.3M | N/A | N/A | 7 |
| Go Mini's | $759K – $1.2M | $85K | 8.0% | 107 |
| UNITS | $733K – $1.3M | $56K | 6.0% | 70 |
| Pink Zebra Moving | $131K – $249K | $30K | 7.0% | 13 |
| Square Cow Moovers | $167K – $233K | $60K | 7.0% | 3 |
| STORsquare | $166K – $438K | $55K | 7.5% | 1 |
Moving & Storage Average 6 franchises | $388K – $790K | $57K | 7.1% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 6 Moving & Storage franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2024)
Outlets by state across the United States
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Unlock location growth dataSBA Loan History
Historical SBA 7(a) loan data for MI-Box franchisees (2019 – 2022)
Loans by Year
SBA 7(a) loan activity over time
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
17 SBA loans on record
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Unlock SBA loan historyFranchisee Contacts
7 franchisee contacts on file from official FDD filings.
7 Contacts Available
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Unlock contactsDue Diligence
Litigation (Item 3)
Lawsuit by a MI-BOX dealer (franchisee) against the franchisor's affiliate and a master dealer.
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
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Unlock due diligence reportsFrequently Asked Questions
The total initial investment to open a MI-Box franchise ranges from $373,857 to $1,300,177.
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