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.
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
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
SBA 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.
Franchisee Contacts
7 franchisee contacts on file from official FDD filings.
| Name | SBA Loan |
|---|---|
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
7 Contacts Available
Unlock all MI-Box franchisee contacts with verified contact information
Due 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
Frequently Asked Questions
The total initial investment to open a MI-Box franchise ranges from $373,857 to $1,300,177.
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