How to Build a Self Storage Facility

Save

A self storage facility is beneficial for yourself in two ways; you can utilize it for your own storage purposes or you can turn it into a business. Using construction knowledge and a little business acumen, you can build a storage facility that provides you with disposable income for years to come. Once you locate property, obtain financing and find a construction company, you can build your own self storage facility.

  • Find the property for the storage facility. Many are built close to a highway or on a main thoroughfare for easy access. This is desirable if you wish to start a business so that it is visible to the public. Be mindful of zoning laws in your city. Be sure you can legally build and operate a self storage facility in the location of your choosing.

  • Obtain financing through personal or business loans as well as personal funds. Look into a small business administration loan by discussing it with your banker or accountant. Consider private financing and construction loans you may be able to refinance once your storage facility is build and business is operational.

  • Find a contractor. Do not act as a general contractor if you have no experience or proper licensing to do so. Select a construction firm with competent sub-contractors who will do the excavation, plumbing and carpentry.

  • Market your storage facility by running ads. You can place an ad on websites, in the newspaper or buy space in your local phone book.

References

Promoted By Zergnet

Comments

You May Also Like

  • How to Start a Self-Storage Business

    According to the Self Storage Association, self-storage businesses earned $24 billion in revenues in 2013. Generating income from this type of project...

  • How to Build Commercial Storage Units

    Commercial storage units provide an offsite “garage” for people who need more property space. A unit can be large enough for a...

  • How to Build a Mini Storage

    A mini storage is one of the last low maintenance, low overhead businesses. You just have to build a mini storage right....

  • How to Find Local Storage Unit Default Auctions

    Nearly every town in America has at least one self storage facility where residents can store their extra belongings or their whole...

  • How to Open a Storage Facility

    Storage facilities are used to store boats, cars, furniture, tools, or to temporarily store belongings while moving or remodeling. The storage facility...

  • How to Store Clothes in Storage

    When it’s time to place your clothes in seasonal or long-term storage, you’ll need a plan to keep your wardrobe items smelling...

Related Searches

Check It Out

Are You Really Getting A Deal From Discount Stores?

M
Is DIY in your DNA? Become part of our maker community.
Submit Your Work!