Owning A Boat Storage Business

The storage of boats and recreational vehicles can be a lucrative business.

Owning a boat storage business.

Find the perfect location locate a large lot at a good price. Because so many communities discourage on street parking of rvs and boat trailers storage facilities for these vehicles are always in demand. 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. 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. But it s important to evaluate the benefits and drawbacks of buying a business before you decide on either an acquisition or startup approach. 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. An acquisition can be a great way to enter rv and camper storage business ownership.

The storage unit business is a sector under the real estate business and as such depends largely on the economy in order to thrive. If one of the primary things your business does is boat tours around gitche gumee then you can probably claim your boat as a business asset or if you run an air taxi service between dfw airport and waco then the irs will accept your claim that your new twin engine cessna is an asset tied to your business. 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. 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.

You will need to do some careful research and detailed planning before you start the business. 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. Owning a self storage business can be very lucrative. Unique amenities outstanding customer service and a facilitys location all play a role in luring and keeping tenants.

You are responsible for the personal property of your customers so you need to make sure that you are prepared to manage that obligation.