Risk Score
Pending analysis
Investment Range
$759,024 - $1,247,125
Franchise Fee
$50,000
Total US Locations
107
Business Summary
Go Mini's Franchising, LLC operates a storage and moving business that utilizes portable containers. The company provides its system and trademark "Go Mini's" for use by franchisees. Customers include both homeowners needing temporary storage for moves or renovations, and businesses requiring storage for inventory, records, or equipment. Go Mini's also offers an optional "Go Mini's Miles" program where franchisees can assist customers in shipping portable containers to different geographic locations.
Corporate History
Go Mini's, LLC, the immediate parent of Go Mini's Franchising, LLC, was formed in Florida in 2001. From 2002 to 2009, Go Mini's, LLC established a network of approximately 85 independent dealers offering portable moving and storage services. In 2011, Go Mini's Dealers, LLC, the ultimate parent company, was formed by a group of Go Mini's dealers and subsequently acquired an 80% interest in Go Mini's, LLC. Go Mini's Franchising, LLC itself was then established in Delaware on March 13, 2012, to begin offering and selling Go Mini's franchises, which it commenced on May 24, 2012.
Financial Overview
Investment Range
$759,024 - $1,247,125
Franchise Fee (Low)
$50,000
Franchise Fee (High)
$125,000
Royalty %
8%
Marketing %
2%
Equipment Costs (Low)
$616,149
Equipment Costs (High)
$965,700
Working Capital
$20,000
Audited Financials
Yes
Offers Financing
No
Audit Opinion
Unqualified opinion
Financial Health Notes
Go Mini's Franchising, LLC's audited financial statements for the years ended December 31, 2024, 2023, and 2022 received an unqualified opinion from its independent auditor, indicating that the financial statements present fairly, in all material respects, the company's financial position, operations, and cash flows. The auditor's report does not contain any "going concern qualification" or other reservations about Go Mini's Franchising, LLC's ability to continue operations.
Financing Details
Go Mini's Franchising, LLC does not offer any direct or indirect financing options to its franchisees. Franchisees will need to secure their own financing for their business. Go Mini's Franchising, LLC also does not guarantee any franchisee notes, leases, or obligations.
Performance Metrics
Total US Locations
107
Franchised Units
107
Corporate Units
0
Avg Square Footage
30,000
Franchising Since
2012
Legal & Compliance Analysis
Recent Litigation
Yes
Bankruptcy
No
Litigation Count
4
Litigation Summary
Go Mini's Franchising, LLC has been involved in several legal and regulatory matters. In 2023, Go Mini's Franchising, LLC sued a franchisee and its owner for breach of the franchise agreement, including failure to report revenues, refusal to pay fees, denial of access to financial data, refusal to submit to an audit, and unauthorized trademark use. This case settled in June 2024, with the franchisee agreeing to pay $150,000 and transfer a web domain, and a judgment was obtained in February 2025 for $90,527.35 including unpaid installments and attorney's fees. Additionally, Go Mini's Franchising, LLC, its parent Go Mini's, LLC, and Director William Norris entered into regulatory settlements between 2013 and 2014 with the New York Attorney General, the Virginia State Corporation Commission, and the Maryland Securities Commissioner. These settlements addressed findings that prior dealer agreements (from 2002-2009, before Go Mini's Franchising, LLC was formed and under different ownership) should have been registered as franchises. These regulatory actions involved agreements not to violate franchise laws in the future and the payment of costs and penalties.
Bankruptcy History
Go Mini's Franchising, LLC has no bankruptcy history to report.
Agreement Terms
Initial Term
10 years
Renewal Term
10 years
Renewal Conditions
To renew, Go Mini's franchisees must consistently comply with their Franchise Agreement and provide written notice of their intent to renew between 90 to 150 days before the current term expires. They are required to pay a $2,500 renewal fee, demonstrate their right to occupy the premises for the renewed term, and ensure their location is updated and refurbished to meet Go Mini's current standards. Franchisees must also sign Go Mini's then-current Franchise Agreement for renewing franchisees, which may have different terms, 45 days before the current agreement ends. Additionally, both the franchisee and their manager must complete a refresher training program, satisfy all current qualification requirements for a new or renewing franchisee, and have no existing grounds for termination.
Training & Support Program
Franchisor Assistance
Before opening, Go Mini's Franchising, LLC provides location criteria and reviews and approves proposed locations and leases. The franchisor determines if pre-opening inspections are needed and offers an initial training program for the franchisee and their manager. Go Mini's Franchising, LLC supplies specifications for equipping the business and signage, and provides a specimen customer agreement form for legal review. Franchisees can request additional pre-opening training at their expense and are loaned a copy of the confidential Go Mini's Manual, with the franchisor reviewing their grand opening advertising plan. After opening, Go Mini's Franchising, LLC reviews all proposed advertising by franchisees and may make advertising materials available for purchase. It administers the Marketing Fund, having sole discretion over its use, and provides an annual accounting upon request. The franchisor may suggest prices, or set minimum and maximum prices when legally permitted. Go Mini's Franchising, LLC conducts inspections of business locations and operations as deemed appropriate, requiring franchisees to make any identified corrections. It designates required services and products to be offered, as well as approved suppliers. Go Mini's Franchising, LLC also provides basic services for a voice-based marketing and call-routing system, including phone numbers for inbound customer calls and routing them based on zip codes. Franchisees must participate in the national website, enabling online quotes and reservations. Go Mini's Franchising, LLC evaluates and decides on proposed new products, services, or suppliers. If a business's operation is in jeopardy or a default occurs, Go Mini's Franchising, LLC or its nominee can operate the business, with the franchisee reimbursing expenses and paying a daily management fee. The franchisor can also take remedial action for claims against the franchisee, with the franchisee covering the associated costs.
Initial Training Hours
37
Training Location
Ohio or a mutually agreed upon location
Ongoing Support
Go Mini's Franchising, LLC offers several types of ongoing support. It reviews and approves all proposed advertising by franchisees. The franchisor may also provide advertising materials for franchisees to purchase. Go Mini's Franchising, LLC administers a Marketing Fund, for which it has sole discretion over its use, and provides an annual accounting upon request. It may suggest or, when legally permitted, set minimum and maximum prices for services. The franchisor conducts inspections of business locations and operations as deemed appropriate, and franchisees must make any identified corrections. It designates required services and products to be offered, as well as approved suppliers. Go Mini's Franchising, LLC provides basic services for a voice-based marketing and call-routing system, offering phone numbers for inbound customer calls and routing them based on zip codes. Franchisees must participate in the national website, which enables online quotes and reservations. Go Mini's Franchising, LLC evaluates and decides on proposed new products, services, or suppliers. If a business's operation is in jeopardy or a default occurs, Go Mini's Franchising, LLC or its nominee can operate the business, with the franchisee reimbursing expenses and paying a daily management fee. The franchisor can also take remedial action for claims against the franchisee, with the franchisee covering the associated costs.
Franchise Requirements
Ideal Candidate Profile
Go Mini's is looking for individuals who will personally supervise the business and operations and assure compliance with the Franchise Agreement. While not required, the franchisor recommends that the owner be personally active and supervise the business on a day-to-day basis. Franchisees must also designate a manager for day-to-day management and on-premises supervision. Successful candidates should have the financial resources to make a total estimated investment of $759,024 – $1,247,125.
Industry Experience Required
No
Management Experience Required
No
Sales Experience Required
No
Technical Skills Required
No
Operational Details
Location Type
Commercial
Owner Participation
Supervisory
Territory Type
Non-Exclusive
Territory Size Requirements
Go Mini's Franchising, LLC designates territories based on population. A typical territory covers a geographic area with a population of approximately 800,000 people, but can be as large as 1,200,000. Additional territory can be added for an extra fee of $10,000 per 100,000 population.
Staffing Notes
Go Mini's Franchising, LLC requires the franchisee to either personally supervise the business or designate an approved individual to do so. This individual must assure compliance with the Franchise Agreement. Go Mini's Franchising, LLC also requires a designated manager to have day-to-day management responsibility and on-premises supervision of the business. This manager, or any successor, must meet all requirements in the Go Mini's Manual and successfully complete the franchisor's initial and any specified additional training. The franchisee is responsible for employing all personnel, determining compensation and working conditions, and ensuring compliance with all applicable employment laws. Franchisees must conduct in-house training for their employees on the latest Go Mini's System procedures and techniques. If requested, franchisees must also obtain confidentiality and noncompetition agreements from their manager and other personnel.