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Car Storage

About Startup Costs

The startup costs provided in this database include an approximate financial investment that will be needed to start the business. This is generalized information and should only be used as a yardstick to determine business startup costs. Your investment will vary based on factors such as equipment, transportation, licensing and permits, operating location, working capital and initial marketing and advertising budgets. Remember a successful entrepreneur is one who carefully researches and plans every aspect of a new business venture, including the financial investment needed to start a business and the working capital required to achieve positive cash flow.

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Business At A Glance

Car Storage

Startup Costs: $10,000 - $50,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.

About

Franchises Available? Yes
Online Operation? No

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Got empty garage space? Keep room for this business.

Business Overview

Car storage is big business, especially in the northern climate areas of the United States and Canada. And the first step to establishing a car storage business is to secure low-cost indoor storage space, such as a vacant warehouse or manufacturing building. The next step is to simply market the business, and this is best accomplished by joining automotive clubs and associations and attending the clubs' meetings and social functions to network for business. Current automotive storage rates are in the range of $40 to $80 per month. Be sure your storage spaces are heated and in good repair, as this will be vitally important to the success of the business. And, of course, be sure to obtain insurance for the business, as it will be a necessity, and a great marketing tool.