MYWAY franchise: cost, fees and total investment
Short answer: The MYWAY franchise fee is $40,000 to $450,000 and the total initial investment ranges from $238,200 to $833,500, with about $75,000 in liquid cash required, based on franchise disclosure data compiled in October 2026. Confirm current figures in Items 5 and 7 of the MYWAY FDD.
What are the MYWAY franchise fees and investment?
The MYWAY franchise requires a franchise fee of $40,000 to $450,000 and a total initial investment of $238,200 to $833,500. The franchise fee is one line inside the total investment, which also covers location, equipment, opening inventory and working capital.
| Franchise fee (FDD Item 5) | $40,000 to $450,000 |
|---|---|
| Total initial investment (FDD Item 7) | $238,200 to $833,500 |
| Minimum liquid cash | $75,000 |
| US locations | 6 |
| Industry | Other Franchise Businesses (Storage Unit) |
| Headquarters | Grand Rapids, Michigan |
| Founded | 2008 |
| Franchising since | 2009 |
How does the MYWAY investment compare with other other franchise businesses franchises?
MYWAY's minimum investment of $238,200 is above the median minimum investment of $119,000 across the 198 other franchise businesses franchises in the SelectFranchiseList database. 58 of the other 197 brands in this industry start at a higher investment. Its franchise fee starting at $40,000 compares with an industry median of $39,500.
By minimum investment, MYWAY belongs with franchises from $100,000 to $250,000.
What should you verify in the MYWAY FDD?
Verify six parts of the MYWAY Franchise Disclosure Document before you sign, because figures change with every annual FDD:
- Item 5 and Item 6: the current franchise fee, royalty, marketing fund and technology fees.
- Item 7: the full investment range by expense line, including working capital.
- Item 19: whether MYWAY discloses financial performance data, and which units it covers.
- Item 20: openings, closures and transfers, plus contacts for current and former franchisees.
- Item 21: the franchisor's audited financial statements.
- Item 12: whether your territory is protected.
The full list of Items is in the FDD guide. You must receive the FDD at least 14 calendar days before you sign a binding agreement or pay any money.
Which franchises are similar to MYWAY?
These other franchise businesses franchises have the closest minimum investment to MYWAY:
| Franchise | Franchise fee | Total investment |
|---|---|---|
| IRIS GALERIE | $35,000 | $236,800 to $636,800 |
| Upstairs Circus | $35,000 | $240,300 to $590,750 |
| VaVia | $49,500 | $236,049 to $577,992 |
| Sunwize | $55,000 | $242,925 to $576,208 |
| Multivista | $20,000 to $157,500 | $232,825 to $661,150 |
See every brand in other franchise businesses franchises.
Frequently asked questions
How much does a MYWAY franchise cost?
The total initial investment for a MYWAY franchise ranges from $238,200 to $833,500, including a franchise fee of $40,000 to $450,000, according to franchise disclosure data compiled in October 2026. The exact amount depends on location, build-out and working capital, as shown in Item 7 of the FDD.
How much cash do you need to open a MYWAY franchise?
MYWAY lists a minimum of about $75,000 in liquid cash. Lenders usually finance part of the remaining investment, and the franchisor confirms its capital requirements during qualification.
How many MYWAY locations are there?
MYWAY reported 6 US locations in the data compiled in October 2026. Item 20 of the FDD shows openings, closures and transfers for the last three years.
How long has MYWAY been franchising?
MYWAY started offering franchises in 2009 after the company was founded in 2008.
Figures are compiled from franchise disclosure data and public franchise listings as of October 2026 and may have changed. MYWAY and its trademarks belong to their owner; SelectFranchiseList is not affiliated with or endorsed by MYWAY. This page is not an offer to sell a franchise. Only the franchisor's current FDD is authoritative.