Owning A Boat Storage Business

The storage unit business is one where individuals due to personal reasons can rent or lease a storage unit to store their personal and or business belongings.

Owning a boat storage business.

You are responsible for the personal property of your customers so you need to make sure that you are prepared to manage that obligation. You will need to do some careful research and detailed planning before you start the business. Facility operators who offer boat rv storage either as an ancillary service to self storage or their primary business model should think like specialty retailers. The storage unit business is a sector under the real estate business and as such depends largely on the economy in order to thrive.

Owning a self storage business can be very lucrative. While there may be some customer and product overlap between walmart and bass pro shops for example their core customers are not the same demographic. If you live near a popular body of water boat ownership may be commonplace and boat storage is a must for those who do not have space at home. In total you can expect to need at least 300 000 square feet to accommodate all of the storage spaces as well as parking and other buildings.

But it s important to evaluate the benefits and drawbacks of buying a business before you decide on either an acquisition or startup approach. Find the perfect location locate a large lot at a good price. Many urban trailer boat owners opt to keep their rig at a storage facility with security which in the long run can save you money by reducing the risk of theft or vandalism. Self storage operators who offer boat and rv storage typically have a smaller customer base forcing them to step up their marketing and operational efforts.

Because so many communities discourage on street parking of rvs and boat trailers storage facilities for these vehicles are always in demand. These laws make it clear that city officials want such large vehicles stored behind gates either in the backyard or a storage facility. Unique amenities outstanding customer service and a facilitys location all play a role in luring and keeping tenants. An acquisition can be a great way to enter rv and camper storage business ownership.

For one thing rv and boat storage requires considerably more space than a regular storage operation so your land costs will be increased over what you would need for a traditional storage business.