Storage Unit Business Plan Example
Sample self storage business plan a sample business plan for a self storage business.
Storage unit business plan example. Our company is located in fort smith arkansas. Westbury storage will provide about 45 000 square feet of well maintained self storage units that will be offered for both residential and small business renters. Roger black and sebastian stote are 50 50 owners of plainview storage which is a 110 unit self storage facility converted in 1993 from a former piano factory. They are designed using generic terms for operating a multitude of small businesses.
Most importantly our services include self storage for different purposes. If yes here is a complete guide to starting a storage unit business with no money and no experience. Safety locks is a self storage unit where businesses and individuals can keep their valuables. 1 0 executive summary highlights 2 0 company summary 3 0 services 4 0 market analysis summary 5 0 strategy and implementation summary 6 0 management summary 7 0 financial plan 7 1 important assumptions general assumptions 7 2 key financial indicators benchmarks 7 3 break even analysis break.
Sebastian stote is owner of stote movers which is a family business providing residential and commercial moving since 1917. Total project costs are estimated at 1 054 487 including purchase price conversion costs and pre opening expenses see section on start up summary. More resources on building storage units. Here is a sample business plan for starting a self storage unit.
All units are fully rented. Market analysis summary in a similar split experienced by management s existing storage facilities westbury storage is expecting to rent 70 of its available units to non commercial renters and the remaining 30 to the commercial. Do you want to start a storage unit business. If you live in the united states and are interested in owning a business portfolio in the real estate industry and you have not made up your mind on what kind of business to engage in then you should consider starting your own self storage unit business.
You may find that the effort involved in adapting a template is more work than writing a plan from scratch. If yes here is a complete sample self storage unit business plan template feasibility study you can use for free. Most business plan templates are just that. Okay so we have provided you an in depth sample storage unit business plan template.
Now that you ve learned what a self storage business does the next step is to come up with the sample plan that will help you run the one you want to open. We also took it further by analyzing and drafting a sample storage unit marketing. If starting a self storage business seems like the right choice for you there is plenty of information available to help you learn more about how to plan your business.