Lok’nStore Group PLC, which operates 26 self-storage facilities in the United Kingdom, has sold its document-storage business, Saracen Datastore Ltd., to competitor Iron Mountain UK PLC for £7.6 million. Lok’nStore intends to use the funds from...
As the self-storage industry evolves into a more retail-style business, operators are experimenting with ancillary products and services that will attract a broader customer base and diversify their business. Here’s an array of add-on profit...
As self-storage continues to move away from the “industrial” moniker and likened more to a “retail” offering, operators are experimenting with products and services that will meet their existing renters’ needs as well as attract a new demographic...
Businesses need to store their ever-growing volume of paper documents, so why not at your self-storage facility? See how offering records storage and management creates ongoing profit opportunities for your operation.
Records storage can be a wonderful opportunity to expand a self-storage facility’s core business. If you’re planning to add this ancillary service to your product offerings, here are some things to consider.
It’s not uncommon for a self-storage operator to open a delinquent or abandoned unit and discover the tenant has left behind boxes of business files. Follow this advice to legally and properly dispose of the records and reclaim your space.
Since self-storage came on the scene many decades ago, operators have experimented with ways to expand their product and service offering. Here are some that have proven their staying power for bringing in new customers, satisfying existing...