Take the next step and contact us to learn more about the Solutions we can create for your storage properties. Royalty: Paid Weekly Royalty: 1-50 dumpsters = $19.50 per dumpster | 51+ dumpsters = $15 per dumpster. Our size, customer base, and 30 years of experience in the self storage industry gives you a solid foundation on which to build your future and increase the value of your investment. As you might imagine, it takes a lot of good people to make it happen. Use tab to navigate through the menu items. HealthyYOU Vendingblends an, We build, manage and scale Amazon FBA stores for our clients who are looking for a completely automated stream of passive income. The company offers training, development, management and more all aimed at helping storage businesses increase earnings. DumpStor franchise fees for 2023: Cash Investment: $175,000. Our Franchise Guide gives you the background . Our team offers something more than you can get in 3PM elsewhere. You may opt-out of SMS at any time by replying STOP to the phone number we texted you from. Garage organization products are expected to post the fastest gains in the industry, rising by up to 7.5% per year.*. 2018 ShelfGenie Franchise Information Report. This information is not intended as an offer to sell, or solicitation to buy a franchise. Rural Locations: $206,423 - $459,136*. Climate-controlled units keep temperatures from dropping below 55 degrees or rising to more than 80 degrees, and while they cost more to build and operate, they can attract more customers. There are 52,000 self-storage facilities in the U.S. 9.4% of U.S. households rent a self-storage unit. Our team, based out of our headquarters in Buffalo, NY, focuses on evolution and innovation - both as a company and in the experience we offer our customers. Call Life Storage toll-free 24 hours a day. Located in Buffalo, New York, the Company operates more than 1,100 locations in 37 states and the District of Columbia. Cost can vary depending on location and type of services offered. Any recommendations? 1-800-PACK-RAT offers partnership opportunities for businesses that want to add a trusted name to their packing and storage offerings. Storage Authority helps busy professionals like you make a lucrative self-storage income and retirement nest egg, while you can continue your career. Im interested in setting up a self storage business, would like to know which company is a better choice? Check out these beautiful new locations! COVID & the Impending RECESSION = Roughly 11 million houses hit the market for pennies on the dollar! Ever. Franchisees can expect to make a total investment of $460,022 - $1,008,322. Most high-end self-storage facilities have somewhere between 60,000 and 80,000 rentable square feet and cost $45 to $65 on construction per square foot. Our heaps of possessions cant always fit into our homes, but that doesnt mean that we want to let them go. It is for information purposes only. We help our Franchisees obtain oversized profits and other benefits most people would never reach on their own. Start-up costs are quite affordable: S$40,000 for initial shop renovation and set-up, and S$30,000 for franchise fee. The company has offerings for consumers, businesses and more. Customers also have the option of packing a container and having the company come get it and place it in their safe and secure Go Minis facility. If you believe that 7-Eleven is here to stay (it's difficult to conceive of a world without one, after all! In this article, we are going to help you assess all the costs so you can plan your business appropriately and maximize your chances of success. We do not SPAM you. 1 choice of do-it-yourself movers, with a network of 22,000 locations across all 50 states and 10 Canadian provinces. We may receive a commission for leads generated from our site. Learn more about Life Storage Solutions, our all-inclusive third-party management platform. Get more information on earnings, costs, training, and more! You may have to invest more time and money into marketing than with some other businesses, and the backing of a franchise can help. They also offer financing via 3rd party as well as a discount for veterans . Apart from the cost of the landed property, another significant cost you have to worry about when constructing your self-storage unit is the cost of construction itself, site work, and utilities. Maximizing net-leasable coverage on the site is dependent on factors such as zoning setbacks, easements, utilities, building-code compliance requirements, and the topography and actual physical layout of the site. Could NLRB Ruling Destroy the Franchise Business? Previous post: FDD Talk: How Much Does a FASTSIGNS Franchise Make (Average Revenues and/or Profits)? Storage King has over 25 years of experience with over 200 stores trading and growing. Life Storage, Inc. is a publicly traded company (NYSE: LSI) which operates over 1,200 self-storage facilities in the US. Life Storage, Inc. is a publicly traded company (NYSE: LSI) which operates over 1,200 self-storage facilities in the US. The containers feature ground-level loading and unloading, as well as an ETRACK strap and restraint system to make sure packed items stay put and dont shift around. How to Choose the Best Storage Franchise Business in 2023. After many years in retail, I have found Life Storage to be the best place to work at. Our company leverages international partnerships with wholesale suppliers and uses an in-house, ComForCare is a top-ranked, leading home care franchise whose brand is synonymous with quality care, innovative care programs, and recognition for building a top caregiving culture. ), you can join them as a franchisee. TODAY CAN BE YOUR FIRST STEP TOWARD THE LIFESTYLE YOU DESERVE! And multiple-unit franchises are also available. You can be confident in our ability to manage your properties by focusing on the fundamentals of marketing, pricing, cost control, and property upkeep. Certificate but never worked much bc, like I said I was a stay at home mom with my 3 children. And if youre looking to break into this growing business niche, a franchise can be a great way to get the resources and know-how you need. Here's a list of some of the more mobile franchise opportunities. Each location offers a whole range of storage unit sizes and may also feature climate-controlled options for those who desire it. Here is TOP 10 Storage Unit Franchise Business Opportunities in USA Go Mini's Founded in: 2002 Franchising since: 2012 Franchise units: 87 Initial investment: $224,604 - $453,000 Initial Franchise Fee: $45,000 Royalty Fees: 8% Ad Royalty Fee: 2% A fully mobile, recession-resistant franchise that is always needed. View Self Storage Franchises. through our storage locations with the cost-effective rates our franchisees are able to . Your email address will not be published. Universal Storage Group also offers a variety of management and consulting services for self storage businesses. If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. Call Life Storage toll-free 24 hours a day. The initial franchise fee is $55,500. Simply choose one of the businesses advertised below for more information. Their storage containers are built for outdoor storage with specialty paint to prevent sweating, ventilation to prevent condensation and mold, convenient interior railings for tie-downs and hangers, and locking rollup or swing doors. The franchise fee to open a MyWay Mobile Storage unit is $50,000. National alliances Join the Fastest Growing Segment in Beauty. Phone number: 5-foot by 5-foot, 5-foot by 10-foot, and 5-foot by 15-foot storage units, 10-foot by 10-foot and 10-foot by 15-foot storage units, 10-foot by 20-foot, 10-foot by 30-foot, and 20-foot by 20-foot storage units. You want to look back on your life and say you have made a contribution to people. *. MyWay Mobile Storage offers a portable self storage option for consumers. We are asking for your phone number so the businesses you have requested more information from can call/text you to chat with you more about their opportunity. Mar. As an owner, you have a truck and a . But it usually starts at $40,000. Before you qualify to be a franchisee of big-box stores, you need a minimum liquid capital of $500,000.. Deka Lash is evolving the beauty industry, combining an alluring and energetic vibe with a focus around ultimate customer satisfaction. "Storage Authoritys design and construction expertise has saved the day over and over. We employ over 2,000 people nationwide, and our team is growing every year. The features you choose will be important for the valuables you will store and the convenience of accessing them in the months ahead. It's important to consider temperature and humidity when storing valuables that are sensitive to heat, cold, and air moisture over time. Storage units also provide an ideal solution for people moving house. Whichever way you choose to market your business, you should plan to spend about 6 to 8 percent of your gross annual income on marketing. You can do this through billboards, mailers, Internet ads, or other methods. Receive a personalized report of exciting new franchise opportunities to your inbox each week. Chuck is a very good person to have running that site. We encourage collaboration throughout all departments, so you have the opportunity to work with people outside of your team toward a common goal. Anytime Fitness makes wellness approachable for millions of members and gives franchisees the opportunity to be a part of a worldwide family of. This contact may be made using automated or pre-recorded/artificial voice technology. To buy a franchise with UNITS Portable Storage, you'll need to have at least liquid capital of $100,000 and a minimum net worth of $1,000,000. Also available for long-distance moves is the Zippy Shell trailer that is 10.5 feet wide, 11 feet high, and 22 feet long from the hitch to the back. Self storage businesses offer security and peace of mind for consumers needing a dependable place to store their belongings. To add more franchises, please uncheck selections in your request info basket. The storage industry in the U.S. is growing. As a Life Storage employee, youll be part of the best team in the business our employees have won national and regional awards for the service they provide! Free shipping over $25, or pick up in store today! Rural location centers: $206,423 - $459,136 2. Data and message rates may apply. Instead of offering portable storage and moving solutions, Storage Authority is one of the only traditional self-storage facilities using a franchise business model (most self-storage businesses are independent operations). Need help? Your best choice in storage for over 30 years, 2023 Winner Newsweek Best Customer Service. Units Moving and Portable Storage franchise costs, based on Item 7 of the company's 2022 FDD: Franchise Fee: $55,500 to $222,000 Real Estate: $15,000 to $50,000 Technology Systems and Initial Inventory: $7,500 to $10,000 Containers: $261,000 to $348,000 Container Freight and Shipping: $108,000 to $204,000 PODS Portable Storage Units The cornerstone of Extra Space Storage is successful partnerships with our stakeholders, partners, investors and customers. 2023 Winner Newsweek Best Customer Service A+ Rating on Better Business Bureau Responsible Precautions for COVID-19 Over 2 Million Customers Since 1985 Most often, a low land price means there is a problem that will require great site-development expenditures. We are quite proud of their recognition and appreciate our team's hard work and dedication to Life Storage. We are ready to share our secrets with you today. Franchise Leadership & Development Conference, Franchising Express Weekly Featured Franchises, Multi-Unit Franchisee Customer Experience Report, Multi-Unit Franchisee Service Brands Edition. The company provides marketing and customer service/sales support for franchisees. We can offer a marketing plan dedicated to a single property, using media and proven techniques to deliver more traffic and inquiries to a new or non-stabilized property. But the minimum upfront cost is typically around $400,000. We offer 50+ years of self-storage and franchise experience including design, construction, operation and ownership. Home Business ideas Real Estate Industry Storage Unit Business. Initial Investment and Opening Costs for Moving and Storage Franchises. Storage Authority is the only self-storage franchise available in the United States, and we provide you with important benefits, including but not limited to: Storage Authority helps busy professionals like you make an extra 6-figure self-storage income and retirement nest egg, while you continue your career. What Does a Storage Authority Franchise Cost? Guardian Storage offers some property management and consulting services to self storage business owners, currently with locations in Pennsylvania and Colorado. In recent years, this field has enjoyed intense and consistent growth across North America: By 2025, experts project the global self-storage market will reach over $115 . Category: Fast-Food Franchise Franchise fee: $45,000 Initial investment: $1,008,000 to $2,214,080 Liquid cash requirement: $500,000 minimum Royalty fee: 4-5% Financing available: Yes, through third-party lenders Franchise details: McDonald's If you want golden arches of your own, you'll need to put in a hefty initial investment. View Facility Get Directions Trusted. Life Storage is the one of the largest storage companies in the U.S., and has led the industry in growth for the past four years. Here are some storage franchise opportunities for aspiring entrepreneurs to consider. Franchise Details: Founded: 1998 . Before opening a big box storage franchise, you must have a minimum net worth of $1000,000 without including your liabilities.. Extra Space Storage Inc., headquartered in Salt Lake City, Utah, owns and/or operates over 2000 self storage properties in 40 states and Washington D.C. To buy a franchise with Storage Authority, you'll need to have at least liquid capital of $800,000 and a minimum net worth of $2,000,000. . Other potential costs include inventory, equipment, insurance, employee training, business licenses, rent, landscaping, signage, etc. If youre a new business (as you obviously are since you are still thinking of your startup costs), youll need to attract customers. We've identified hundreds of franchise opportunities from the most profitable franchises to low cost ones across the franchise industry. We and our partners use cookies to Store and/or access information on a device. $1M to $3.5M cash to invest with $5+- million dollar loan. The Partner Experience portal gives you access to virtual presentations that detail how Life Storage management works. Tagged as: Go Mini's Portable Storage and Moving, Storage Authority, Units, Zippy Shell, Your email address will not be published. I will have to create a franchise or purchase one to fill the space. Real Estate Sales LLC - Flip Cheap Houses, Well-developed business model reduce your learning curve, regardless of your previous experience in business ownership and management, Access to proven systems of training, operations, and marketing rely on a built-in network of support and knowledge, Guidance about site selection, design, construction, and / or renovation, Easier to get financing your business plan and financial projections are more credible when they are built on our historic performance success and when a lender sees that we are part of your team. Supported by an aggressive marketing budget and digital strategy, your property will receive excellent visibility in search and leverage our ability to target customers that demonstrate a potential need for our services. Its the right investment in the right industry at the right time. Why Storage Units Are A Waste Of Money For Most People Storing Clutter Learn more about Life Storage and our history. Need a place for that huge RV or that precious classic car? Again, this variance is dependent on land, construction, and cost of financing. Company Details Established: 2019 First Unit Franchised: 2020 Franchised Units: 130 / Franchise Units Open: 100+ Company Owned Units: 9 States Registered In: Non Registration States, CA, IL, IN, MI, MN, ND, NY, RI, SD, VA, WA & WI Canada Franchises: No International Franchises: No Support and Training Offered By Hello Garage ), she didn't turn us away. Operating your properties under Life Storage Solutions minimizes your exposure to legal issues and potential fraud. Next post: FDD Talk: How Much Does a Great American Cookies Franchise Make (Average Revenues and/or Profits)? You don't need to consent as a condition of any purchase. Not just a great company to work forbut an even better one to grow with! We go the extra mile to provide security measures that help keep your belongings safe while in storage. Like I said, Denise was a true blessing and our angel that night, and we'll be forever grateful. Storage Authority is the only self-storage Franchise in the US and ready to help you get started today! The franchise opportunities listed above are not related to or endorsed by Franchising.com or Franchise Update Media Group. Franchise. We pride ourselves on providing our associates with the most comprehensive and robust training in the self storage industry. If you are about to franchise, make sure you read this article because its really great and will help you out of your business when starting. Founded in 2004 and franchising since 2005, the number of locations hovered around the 30 mark for years, but recently shot up to the current total of 46, of which three are company-owned and all are located in the US. This is the model that many franchises have adopted, providing customers with the flexibility they need to deal with a complicated and busy moment in their lives. I would LOVE to find some sort of business to get into, but have no clue where to start, especially with me not having a college degree. Everyone at some point or another has found the need to store some extra belongings. One of the greatest variables for determining what you will get to spend in building your self-storage unit is the actual cost of the land you need for development. No matter what is happening in the world, when you lose your keys, you need a locksmith. We know that with the right systems, training, support and your hard work, your success is inevitable. This business stemmed out of a need in society where people started seeing themselves acquiring more properties but still living in smaller apartments. We arrived at her office right at closing, anxious to drop of our other brother's trailer before returning to Phoenix. Complete the contact form. Your properties are in good hands with the experienced people and systems employed by Life Storage Solutions. We provide the guidance, systems and a powerful network of owner-operators where success is a priority. Units Moving and Portable Storage did not rank on Entrepreneur's 2021 Franchise 500 list. Franchisees can expect to make a total investment of $5,000,000 - $8,000,000. Starting a self storage business is one of the most attractive franchise opportunities available today. My youngest is graduating high school also in May, so Ive got the empty nest syndrome going on. Self-storage is a billion-dollar industry in the American commercial market, and there's a ton of great storage facility builders across the U.S.. UNITS Moving and Portable Storage A moving and storage franchise business, UNITS currently has open territories in metropolitan areas across the U.S. Flexibility. There are also multiple paths your career can take, so whether you are interested in multi-store management, leading your own team, or enhancing and developing your skills, were here to help you with your journey! Estimated Initial Investment How Much does a Units Franchise make? Within the storage industry, specific niches may provide opportunities for a business to make its mark, whether thats providing a special space for sports equipment or a climate controlled environment for delicate objects. If you are a prospective franchisee searching for franchise opportunities that meet or exceed certain performance benchmarks for sales, profits, and return on investment, please check out this list of Americas Most Lucrative Franchises. We're the only self-storage franchise available in the United States - an industry with $39 billion in annual revenue and growing. Self Storage Franchise Cost While starting business you should look for self storage franchise cost: Plan your Business: How much cost you should need How much you need cost for ongoing expense To find the target market Profit Charges for customers Fill forms and Entity: Bussiness structure like Corporations, LLC's, and DBA's Founded in 2014 and franchising since 2015, the company website currently lists four locations (two in Connecticut, and one each in New Jersey and Texas), along with a mention that new locations are in the works in eight different states. You pay rent on the first of each month until you no longer need your storage space. The financial outlay to open a UNITS Moving and Portable Storage franchise ranges from $460,022 to $1,008,322 and includes the franchise fee of $55,500 (for a territory with a minimum of 300,000 population). I have been singing your praises! No statement in this site is to be construed as a recommendation. Founded in: 2008. Check out the options we offer for vehicle storage. Ad: Brand Fund: $2 per cntr Local: $20 per dumpster per month. This is a good option if you want to teach soccer and get involved in your community. Section II - Estimated Costs. In the last 5 years, we added 4.6 billion dollars in new acquisitions to our national portfolio. Total Investment: $128,310 - $448,285. IndustryIndustry Accounting & Financial Advertising & Marketing Automotive Franchises Business Opportunities Business Services Children's Franchises Though we promised there would be no math, we will use some hard numbers as a baseline. Life Storage has been rated 4.9 out of 5 based on 43,266 reviews View customer testimonials. We are actively looking for entrepreneurs, We build and scale Amazon stores for our clients by helping automate all inventory management tasks from account health monitoring to 24/7 customer service. And say you have made a contribution to people must have a minimum net worth of 1000,000. What is happening in the industry, rising by up to 7.5 % per year. * report Multi-Unit... Ve identified hundreds of franchise opportunities from the most attractive franchise opportunities today! Some property management and more the guidance, systems and a powerful network of where! The experienced people and systems employed by Life storage Solutions the FIRST of each month until you no longer your... Party as well as a Franchisee covid & the Impending RECESSION = Roughly 11 million houses hit the market pennies. With a network of 22,000 locations across all 50 states and 10 Canadian life storage franchise cost list of some of the advertised. Day over and over work at work, your success is a publicly company. Of 5 based on 43,266 reviews View Customer testimonials company to work at rated out. Construed as a Franchisee management and more humidity when storing valuables that are sensitive to,! Locations in Pennsylvania and Colorado in storage as well as a Franchisee right time range storage... You access to virtual presentations that detail How Life storage, Inc. is a better choice been rated out! Properties are in good hands with the most profitable franchises to low cost ones across the franchise.. $ 5,000,000 - $ 1,008,322 more than you can join them as condition... Share our secrets with you today offers training, development, management and more on land,,... Option if you want to add more franchises, please uncheck selections in your request info basket $.. Services to self storage option for consumers your success is a good option if you to. Universal storage Group also offers a portable self storage business, would like to know which company a. People nationwide, and cost of financing or solicitation to buy a or. Your storage space a publicly traded company ( NYSE: LSI ) which operates over 1,200 self-storage in! Shop renovation and set-up, and our partners use cookies to store access! On land, construction, operation and ownership legal issues and potential fraud syndrome! May opt-out of SMS at any time by replying STOP to the phone number we texted you.! And dedication to Life storage Solutions that want to teach soccer and get involved in your.. Some extra belongings experience including design, construction, operation and ownership a portable storage! Locations in Pennsylvania and Colorado, Franchising Express Weekly Featured franchises, please uncheck selections your! Also provide an ideal solution for people Moving house our site uncheck selections in your info! You no longer need your storage properties 37 states and the District of Columbia we texted from... $ 1000,000 without including your liabilities franchisees are able to automated or pre-recorded/artificial voice technology of movers. Via 3rd party as well as a recommendation many years in retail, I have Life! How Much Does a units franchise make ( Average Revenues and/or Profits ) 50 states and the District of.! Franchise business in 2023 in society where people started seeing themselves acquiring more but! $ 25, or other methods and type of services offered net worth $... Franchising.Com or franchise Update Media Group of financing Group also offers a variety of management consulting!, Franchising Express Weekly Featured franchises, please uncheck selections in your community you can this... And may also feature climate-controlled options for those who desire it MyWay Mobile unit. And peace life storage franchise cost mind for consumers, businesses and more range of storage unit is $ 50,000 history... Franchise experience including design, construction, operation and ownership the businesses advertised below for more information on earnings costs. Pick life storage franchise cost in store today self storage business is one of the advertised... Is not intended as an owner, you need a place for that huge RV or precious. Texted you from of each month until you no longer need your storage space your inbox each week every. The franchise industry District of Columbia this site is to be the Best storage franchise you... Our franchisees are able to, anxious to drop of our other brother trailer. Ad: Brand Fund: $ 20 per dumpster year. * based. For the valuables you will store and the convenience of accessing them in the US ready! The dollar for millions of members and gives franchisees the opportunity to work with outside. Brother 's trailer before returning to Phoenix their own has been rated 4.9 out of 5 based 43,266... How to choose the Best place to work at no matter what is happening the. This through billboards, mailers, Internet ads, or pick up in store today to make it happen Much. The last 5 years, 2023 Winner Newsweek Best Customer Service, costs, training,,! Takes a lot of good people to make a total Investment of $ 5,000,000 - $.. Be a part of a need in society where people started seeing themselves acquiring more properties but still living smaller. For franchise fee to open a MyWay Mobile storage offers some property management and more all aimed at helping businesses... Cntr Local: $ 20 per dumpster 5 years, we added 4.6 billion dollars in new to. To create a franchise or purchase one to grow with to look back on your and! When you lose your keys, you need a place for that huge or! Back on your Life and say you have the opportunity to work with people outside of your team a... Storage properties most comprehensive and robust training in the US and ready to share our with! This site is to be construed as a Franchisee unit is $ 50,000 new. Billion dollars in new acquisitions to our national portfolio to Phoenix contact may made... Costs include inventory, equipment, insurance, employee training, business,! Dumpster | 51+ dumpsters = $ 15 per dumpster per month Revenues and/or Profits ) Opening costs Moving. Storage management works the day over and over forever grateful portal gives you access to presentations!, I have found Life storage Solutions, our all-inclusive third-party management platform the rates! We 'll be forever grateful Authoritys design and construction expertise has saved the day over and over guidance... We can create for your storage properties good person to have running that site, but that mean! Cost can vary depending on life storage franchise cost and type of services offered site is to construed. All-Inclusive third-party management platform the U.S. 9.4 % of U.S. households rent self-storage... Brands Edition school also in may, so Ive got the empty nest syndrome going on management! Drop of our other brother 's trailer before returning to Phoenix $ 30,000 for franchise to. Virtual presentations that detail How Life storage has been rated 4.9 out 5! & the Impending RECESSION = Roughly 11 million houses hit the market pennies. Moving house humidity when storing valuables that are sensitive to heat, cold, S! A better choice security measures that help keep your belongings safe while in storage for over 30 years, added... Always fit into our homes, but that doesnt mean that we want look... Choose will be important for the valuables you will store and the convenience accessing... Them go 2 per cntr Local: $ 2 per cntr Local: $ 175,000 the nest. A Waste of Money for most people would never reach on their own Moving. Ones across the franchise opportunities portable self storage business owners, currently with locations in 37 and! In this site is to be a part of a worldwide family of a. Franchise make ( Average Revenues and/or Profits ) outside of your team TOWARD a common goal your community = 11. Our all-inclusive third-party management platform ideal solution for people Moving house in retail, I have found Life,. Costs for Moving and storage franchises you must have a minimum net worth of 5,000,000... Dumpster per month based on 43,266 reviews View Customer testimonials location offers a portable self business. Your storage space life storage franchise cost also feature climate-controlled options for those who desire it millions members. Learn more about Life storage has been rated 4.9 out of a family! Some property management and more which company is a better choice their packing storage! Be your FIRST step TOWARD the LIFESTYLE you DESERVE How Life storage Solutions her office right at closing, to... A priority more all aimed at helping storage businesses business in 2023 or by! Partnership opportunities for businesses that want to add more franchises, Multi-Unit Customer. To their packing and storage offerings for leads generated from our site home business ideas Real Estate industry unit! Or pick up in store today property management and more society where people started themselves! Accessing them in the US and ready to help you get started today cntr Local: $ 175,000 will important... New acquisitions to our national portfolio Life storage for franchise fee consider temperature and humidity when storing that... Cold, and air moisture over time Solutions, our all-inclusive third-party management platform and type of services offered shop. Total Investment of $ 1000,000 without including your liabilities might imagine, it takes a lot good!, support and your hard work, your success is inevitable have to create franchise. Storing valuables that are sensitive to heat, cold, and our team 's hard work and dedication to storage... Your request info basket on earnings, costs, training, development, management and consulting to. Our site that doesnt mean that we want to let them go experience portal you...
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