The IMBOX franchise is gaining great popularity among building owners struggling with vacancies. If the lessor pays for the facility cost, the IMbox franchise provides a long-term stable source of income from the leased property. Franchise is a business model that provides a stable source of income for landlords suffering from vacancy and storage space for customers who want to entrust leisure goods.
The 1st franchise store (Nonhyeon, Incheon) is in operation, and the 2nd store (Anyang Myeonghak) is scheduled to be operated. We are discussing with many store owners and landlords, and we are aiming to open 50 branches this year. (Same as Starbucks model)
Nam Seong-hoon, CEO of IMbox, said, “I think the private warehouse & self-storage industry will become a residential culture. I think the culture of storing souvenirs or leisure goods in one's own space will increase more rapidly, and a large market is expected in the future, like in Japan. (US market size of about 43 trillion won, Japan about 8 billion won)