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.
Business At A Glance
Car Storage
Startup Costs: $10,000 - $50,000
About
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Franchises Available? Yes
Online Operation? No
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.
The Market
Your customers will be people who need to store their cars in a safe environment for short or extended periods of time.
Related Franchises
Smartbox Portable Self Storage
Portable storage units & moving services
Closet Tailors
Custom storage solutions